Federal Reserve Update: Is my gold at risk?
It is decision time for the U.S. Federal Reserve. Policymakers will meet in mid-June to decide whether to raise interest rates: something that has only happened twice in the last decade as our economy has struggled. The financial media is obsessed with what the Federal Reserve is going to do. Will the Fed raise rates? … Read more
Peter Boockvar: $1900 gold ahead
As you look around you today, it isn’t hard to see why gold and silver are doing well in 2016 and other markets are not. The presidential election cycle is dialing up fast with an electorate that is bitterly divided. Lots of mixed signals in the markets and volatility everywhere. Wondering what to do? When … Read more
Congressman: Government Bungling Could Destroy Your Retirement
According to a well-known Congressman, nothing is more potentially dangerous than a broke and desperate government. Is America in that state? Maybe not yet, but it surely will be soon… our ever-growing pile of federal debt can only end in a real currency crisis. Other nations and their citizens are simply losing faith in the … Read more
Report: Are you ready for Hillary, Bernie and Donald’s tax plans?
With the presidential field down to just three contenders and five short (but expensive!) months to go, it is time to put each candidate’s tax platforms under a powerful microscope. This is no frivolous academic exercise: the candidates’ tax plans could have a critical impact on your future paycheck, your retirement and the health of … Read more
Latest Silver Forecasts
“The fundamentals for silver remain fairly sound; demand is expected to grow around 2% next year, while production is expected to fall around 2.7%.” Scotiabank, Precious Metals 2016 Forecast, 12/15. “The silver market saw record demand in 2015, with the jewelry, coin and bar, and photovoltaic sectors posting new highs, helping to boost silver demand … Read more
WORLD GOLD COUNCIL
“Gold demand reached 1,290 tons the first quarter of 2016, a 21% increase year-on-year, making it the second largest quarter on record.”
Breaking News: Gold Flirts with $1,300/oz
Last week, the price of an ounce of gold closed just shy of $1,300/oz, notching a gain of over 20% in 2016. Gold has performed better than stocks, bonds and all the other major asset classes. Gold’s impressive rise has been propelled by three key trends: “Flight to safety” with turbulence hitting the stock market … Read more
Why is gold up 21% in 2016?
As we close the book on April, many investors are wondering: Why is stock market growth so stagnant while “alternative” investments like gold and silver are up over 20%? In a nutshell, financial market uncertainty is rising and fears of recession are growing. In fact, billionaire investor Carl Icahn recently warned about looming recession and … Read more
Shhh… Do you know the best kept secret about gold?
Do you know the best kept secret about gold? Who owns it! Your next door neighbor could have a small fortune in gold in a safe, and no one would ever know… whether it be Uncle Sam or anyone else. It is their secret: the gold is theirs to store and distribute to anyone without … Read more
Meet “The Feds”…A Family that Spends like the U.S. Gov’t
Meet “the Feds,” an imaginary American family that spends like the U.S. government. On the surface, the Fed family seems to be the richest household around: they own the largest mansion, print their own currency and are believed to be ageless. Envious yet? Don’t be. If you ran your household’s finances like the Feds, you … Read more
GAO Audit: Could U.S. Debt Crush the U.S Economy?
I was just checking the numbers myself this morning and they are sobering: the U.S. will soon be borrowing more than its entire economic output. How long can a nation, even one as powerful as America, owe more than it produces? At a Senate hearing last week, a Government Accountability Office (GAO) auditor quietly dropped … Read more