We are talking with our clients about the debt ceiling every day now, because March 15 is coming up faster than many investors realize. Newly-appointed Treasury Secretary Steven Mnuchin has his hands full to avert financial chaos and a severe correction in the markets in March. Hard to believe only 15 months have gone by … Read more

The dollar is headed down soon, if Steven Mnuchin has his way. In January, U.S. Treasury Secretary nominee Steven Mnuchin said publicly that an excessively strong dollar could wreak havoc on our economy. The comments were so strong that the dollar dropped to its weakest level in more than six weeks. President Trump has also … Read more

Gold began the week with a big jump in price as a string of unexpected proclamations and setbacks for the new Trump administration rattled investors around the globe. In fact, gold hit a high it hasn’t seen since 2016. Despite recent impressive stock market gains, the unpredictable and combative style of America’s new president has … Read more

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