precious metals

Global gold demand rocketed to a new decade high in 2022 and it wasn’t retail buyers or investment firms driving the increase. It was the central banks. According to a report by the World Gold Council (WGC), central banks purchased the most gold since 1950 in 2022. It revealed that central...

Did you know that investing in enough gold in the U.S. was illegal, punished by major fines and up to 10 years in jail! In 1933, President Franklin D. Roosevelt signed an extreme executive order to try to save the economy that changed gold and precious metals investing forever. It forced the...

The ultra-rich often have their own investment strategies and preferences that differ from those of everyday investors. This is often because they are only feasible or profitable at an exorbitant scale. However, this isn’t always the case. There is one investment that almost all of them share...

Compared to other precious metals, Platinum is relatively rare. In fact, it’s mainly mined in South Africa and Russia. However, there are two main events that will cause Platinum to become more rare, resulting in its price to skyrocket! South Africa In Crisis Currently, South Africa is...

Platinum is an underrated precious metal compared to silver and gold. While it’s lesser known, it has been used since 700 B.C. Platinum is even rarer than other common precious metals like silver and is primarily mined in Russia and South Africa. This explains why it’s trading at $946...

With high inflation and the threat of increasing taxes, precious metal IRAs have become more popular. They’re a simple way to hedge against inflation, market crashes while still maintaining the tax benefits that IRAs can provide. If you want tax free growth, you can set up a Roth IRA. However...

When cryptocurrencies first started gaining the attention of mainstream investors in early 2017, a number of crypto pundits were quick to claim that they could act as an effective hedge against inflation. Citing the limited token supply of cryptocurrencies like Bitcoin (CRYPTO: BTC) as the chief...

Thanks to technology, there are many ways to invest in gold, like buying ETFs. Gold and other precious metals ETFs level the playing field for newer investors. It might be more convenient and cost effective to buy these ETFs, but here are 2 reasons why some investors prefer physical gold vs. an ETF...

Dennis Gartman, chairman of the University of Akron Endowment Committee, and former publisher of the Gartman Letter, said that gold's recent drop to $1,618 an ounce could present a unique opportunity for investors. "I think gold is very cheap at this point relative to stock prices,"...

Precious metals have stood the test of time through recessions and even depressions. All investors, regardless of their backgrounds can allocate some funds to precious metals securely. Many sectors of speculative investments like stocks and cryptocurrencies are suffering heavily but the price of...

Peter Schiff, chief economist and global strategist at Euro Pacific Capital, is betting that gold and silver will end the year on a positive note. What Happened: Schiff tweeted this while highlighting the comparison between returns on the commodities and Bitcoin. #Gold is still down 2% in...

Are you paying attention? While everyone else is focused on crashing stocks, central banks around the world have quietly bought nearly 300 tons of gold since the beginning of 2022 — bringing their gold reserves to the highest levels since 1990. Think about that — amid a financial crisis...

Precious metals stocks and precious metals reacted positively to Federal Reserve Chairman Jerome Powell’s announcement that interest rates will by 0.75%. Because this sector is traditionally considered an inflation hedge — although not so much lately — the slightly upward move may...

These are difficult times for investors. Inflation is like a runaway freight train and COVID-19’s aftereffects are still creating supply chain problems. In response to these trends, the Federal Reserve is hiking interest rates with a frequency that hasn’t been seen in decades. If all of...

The Federal Reserve recently announced another 0.75% rate increase, which predictably sent the stock market tumbling. Higher borrowing costs eat into corporate earnings, which batters stock prices and sends investors into the alternative investment market. Lately, gold and cryptocurrencies have...