Gold has been attracting so much attention recently that silver’s sudden rocket shot on Friday took traders by surprise. The gray precious metal is now up more than 6% in 2017, including the 3.4% spike that occurred in just 2 hours of trading on Friday. This could be the start of an extended rally for … Read more

Did you know? One of the top U.S. presidents for gold was George W. Bush, who saw a 250% increase in gold prices during his term of 2001 to 2009. Now, consider the parallels between the conditions that existed during his administration and those that the new Trump administration is facing: Shift in party power … Read more

Gold is riding a rising wave of political uncertainty in advance of President-Elect Trump’s inauguration on Friday. China has just threatened that it is ready to “take off the gloves” with Trump if he continues to violate the United States’ long-standing “One China” diplomatic policy. In recent days, Trump has made explosive remarks about beginning … Read more

On Monday, we saw even more signs that gold prices are firming up, driven by increased bargain hunting by investors and a weaker U.S. dollar. The growing risks facing the global economy and the U.S. economic policy under a new president have become simply too big to ignore. Although stock investors have enjoyed a stellar … Read more

2016 saw plenty of market swings and brisk headwinds for precious metals, including rising interest rates and stock market optimism about the U.S. election. All the same, gold notched a solid 9% gain in 2016. Safe-haven assets are in steady demand in a world with global geopolitical uncertainty, huge unknowns in President-elect Donald Trump’s new … Read more

With the rest of the world distracted by the holidays, China’s leaders met this month at a secretive three-day Communist Party conference. Their mission: try and find solutions for the mounting financial risks that threaten to take the country under in 2017. There’s no longer any doubt about it: China’s economy is hitting a brick … Read more

This week is one that investors have been anticipating for some time. The Federal Reserve will gather and discuss a possible interest hike for the United States. Fed chairperson Janet Yellen’s every move and statement is under a fine tooth comb for signs about what is ahead. Worry and confusion over the potential rate hike … Read more

With just two weeks to go in 2016, everyone is reading the financial tea leaves for what lies in the year ahead. Will the dollar continue to climb? Possibly. Will the stock market reach new record highs? We sure hope so. If you’re saving for retirement, you can’t afford to bank on hope. Instead, the … Read more

The U.S. federal debt hit a sad milestone on November 22 that I hoped we’d never see… We are now all indebted to the tune of $19.9 trillion. Without a doubt, by the time President-elect Trump is sworn into office, we will face a national debt of $20 trillion. This is a figure double that … Read more

This week saw an abrupt hiccup in a stock market rally that has run since President-Elect Trump won the election. Yesterday, for the first time in two weeks: U.S. stocks fell off historical and record highs U.S. dollar traded at a four-week low U.S. inflation recorded its biggest increase in 6 months in October Gold … Read more

Bargain hunters are on the move this week, taking advantage of gold at a price we haven’t seen in five months. You may remember Goldman Sachs’ recent proclamation that gold below $1,250 per ounce was “a strategic buying opportunity.” Well, gold hit a low of $1,211 per ounce on Monday, prompting a wave of bargain … Read more