The Federal Reserve has announced to keep the interest rates low despite expected inflation of 2%. Dallas Fed President Robert Kaplan announced that inflation could range between an annual rate between 2.25% and 2.5%. Low-interest rates have been evident in the recent economy and the Federal Reserve keeps decreasing the interest rates on an annual … Read more

Can two combative politicians, slugging it out on national television, actually spike the price of gold? Based on the numbers from this week’s Trump-Biden debate, it appears to be true. The price of gold rose in the week preceding the debate. Gold prices are expected to rise even higher as Americans scramble for safe-haven assets … Read more

Gold’s outstanding performance over the last few years has caught millions off-guard. An asset that has always been regarded and utilized as a safe-haven for cash and as a hedge against inflation — has actually outperformed many stocks over similar periods. In fact, over the past 20 years leading up to its all-time high in … Read more

As we draw closer to the Presidential election the future of our county’s financial stability is more uncertain than ever before. The US Congress goes on recess this Friday, without approving any type of new economic stimulus package. According to economists, that could lead to a double-dip recession, which certainly won’t help the dollar. Meanwhile, … Read more

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