This has been the year that momentarily stopped everyone, and “nearly” everything in its tracks, including the United States Dollar. We say nearly because one asset, in particular, saw significant growth during COVID-19’s initial outbreak. Ray Dalio, the founder of Bridgewater, the largest hedge fund, believes that 2020 merely exposed what’s to come of the … Read more

Bank of America Securities’ Francisco Blanch says a $3,000 target price on gold over the next 18 months is a scenario that should be taken seriously. In the past 15 years, gold has risen 315.48%. Since January 1st, 2019, it is up near 52% alone, and things don’t seem to be slowing down anytime soon. … Read more

U.S. stocks sank for a third straight session, as the selloff of technology stocks gained momentum, which could see nervous investors fleeing to safer assets. The stock market-beating was the worst performance in a month, with Telsa bearing the brunt of the rout, losing over 34% in September alone. The same giant tech companies that … Read more

As protests across the US turned deadly, and as the race for the White House intensifies, many believe that America is in crisis. Americans can therefore expect to see increased uncertainty, more fear, more volatile markets, and possibly the continued slide of the US dollar as the year progresses. Increased volatility in the stock market, … Read more

As the dollar continues it’s downward slide some are wondering if this is a new era of weakness or the new norm for the US currency. A few weeks back the dollar fell to its lowest level since May 2018 as investors grew increasingly bearish towards the currency. The dollar has had eight consecutive weeks … Read more

August so far has been one of the historical proportions as it relates to the price of Gold. On August 4th Gold made history closing at a record high of $2,022.66 per oz. There was however a subsequent sell-off with Gold retreating slightly below $2,000 on Tuesday, August 11 as investors took the opportunity to … Read more

Possibly the most consequential event of the year is the upcoming US elections on November 3rd. As the election draws closer, Americans should start to pay closer attention to how this could affect their savings and investments. Americans cannot control or predict the results of the US elections but they have total control over how they … Read more

The biggest threat yet, to an already fragile US economy still reeling from the global COVID pandemic, could be looming. It is the Possible Collapse of the Mighty US Dollar. As warning signs continue to emerge, some analysts and economists have become increasingly concerned that a dollar collapse could be inevitable. Former leading economists at … Read more

Due to persistent concerns over the COVID pandemic, a weakening dollar, and lingering economic uncertainty, Investors flocked to precious metals, propelling the safe-haven assets to multi-year highs. This week, Silver powered into the spotlight, reaching a high of $ US$25.60, its highest level since 2013. Silver up over 100% since March, just 4 months ago. … Read more

As countries around the world intensify efforts to create their state-backed digital currencies, experts are warning that the days of US Dollar dominance could be coming to an end. China is aggressively working on its digital yuan currency and 4 of its major cities are already running trials. Should this central bank-backed digital currency materialize, … Read more

When it comes to your retirement, where your contributions are invested can make a huge difference on your investment earnings. Even though traditional IRAs and Roth IRAs are amongst the most popular, in these uncertain times it may be worthwhile to also explore self-directed IRAs. Traditional IRAs and Roth IRAs With a Traditional IRA, you … Read more