-
Is Gold Gearing Up for a Breakout? Technical and Geopolitical Factors Align
Friday, April 21, 2023 - 7:49am | 700As gold hovers around the psychologically significant $2,000 price level, an exciting technical indicator seems to be emerging, signaling a potential upside for the precious metal. A bullish pattern known as the "cup and handle'' may be forming on gold's price chart, potentially...
-
The Ultimate Gold Dilemma: Will $2,000 Be the Launchpad or the Cliff?
Wednesday, April 12, 2023 - 7:52am | 794The $2,000 price level has long been a monumental resistance level for gold, with the precious metal struggling to breach it for more than a few days. With gold recently crossing this critical threshold once again, market watchers and experts in technical analysis are divided on whether it will...
-
Is the Gold Standard Coming Back in Texas? Legislators Propose Gold-Backed Digital Currency
Friday, April 7, 2023 - 8:03am | 1003The gold standard as it existed under the Bretton Woods system until 1971 is likely never coming back. There are a myriad of reasons for this but the most important lie with the US government’s ability to control the economy. Under the gold standard, the government no longer has the tools it...
-
Platinum vs Gold: Which Precious Metal Is the Best Investment For Preserving Wealth Right Now?
Thursday, April 6, 2023 - 8:43am | 996In today's turbulent economic landscape, investors are growing increasingly concerned about the future. There are a myriad of worrying factors holding the economy down including the recent bank issues, high interest rates, persistent inflation, and a weakening US dollar. As a result, many...
-
What the Slowing Job Market Means for Gold and Silver
Wednesday, April 5, 2023 - 8:18am | 693The U.S. job market is showing signs of slowing down as indicated by the Treasury Department’s Tuesday morning's Job Openings and Labor Turnover Survey (JOLT) report. According to the report, job openings in February dropped by 630,000 to 9.9 million from 10.56 million in January. This...
-
Bitcoin vs. Gold: Here's What the Founder of the World's Largest Hedge Fund Would Choose
Tuesday, April 4, 2023 - 8:24am | 705The price of Bitcoin and gold surged in March after Silicon Valley Bank led a string of bank failures and liquidity crises. Few analysts were surprised by these price movements as both are used to circumvent banks and other centralized financial institutions. The question is, which one is a better...
-
Will Deutsche Bank be the Next to Fall? Worried Investors Are Already Turning to Gold
Wednesday, March 29, 2023 - 7:34am | 836After Silicon Valley Bank became the second-largest bank of all time to fail, investors and analysts across the world have been sounding alarm bells. Some fear that the entire banking system is still at risk, but many think that the Treasury Department’s decision to bail out depositors was...
-
Investing in Fear: Why the Fed Rate Hike Has Investors Turning to Gold and Silver for Security and Profit
Tuesday, March 28, 2023 - 8:53am | 723Few analysts and investors were surprised when the Federal Reserve raised interest rates by another 25 basis points. While the decision to hike rates comes as no surprise, it has already stirred up debate among financial experts. Some argue that the move is a necessary step to combat inflation,...
-
The Perfect Storm: Interest Rate Hike, Inflation and Banking Crisis Send Gold Prices Above $2,000
Tuesday, March 28, 2023 - 7:41am | 685Gold is a popular safe-haven asset and hedge against market uncertainty, so it wasn’t much of a surprise when gold prices started to rise following each of this month’s major economic crises. The extent of this push was surprising to some investors who dismissed gold’s use as a...
-
Behind the Gilded Curtain: Why Billionaires Love Gold and How You Can Get the Same Benefits
Wednesday, March 22, 2023 - 3:16pm | 1036Gold has been popular with the elite for millennia, going back to ancient Egyptian pharaohs. It has consistently held an allure for the wealthiest and most powerful people who existed. Today, many of the world's wealthiest individuals, such as Ray Dalio, John Paulson, Lord Jacob Rothschild and...
-
Is Silver the Next Gamestop? How Retail Investors Challenged Wall Street Giants Again
Monday, March 20, 2023 - 9:34am | 631In the wake of unprecedented short squeezes involving stocks like GameStop and AMC in early 2021, a group of retail investors from the Reddit forum r/WallStreetBets (and the spinoff called r/WallStreetSilver) set their sights on the silver market, attempting to challenge Wall Street giants with a...
-
Will Bank Runs and Failures Cause a Run on Gold and Silver? How Precious Metals Can Protect Your Wealth
Monday, March 20, 2023 - 9:27am | 697The recent failures of Silicon Valley Bank and Signature Bank, two of the largest banks in the United States, piled on top of existing crises like inflation and the war in Ukraine, have raised concerns about the stability of the global financial system. As investors search for ways to protect their...
-
Inc. 5000's Top Gold Company Is Helping Clients Diversify Into Gold And Silver IRAs, And Hedge Against A Possible Recession
Monday, March 20, 2023 - 8:20am | 946Diversifying investments into gold or silver is a strategy that can help manage risk during periods of market uncertainty. While there are multiple ways of creating a precious metals portfolio, investing in a gold or silver individual retirement account (IRA) is a way to protect retirement funds...
-
During Economic Turmoil, Many Turn To Gold As A Safer Haven – Is It Right For Your Retirement Savings Portfolio?
Thursday, March 16, 2023 - 8:19am | 999Click here to read the 2023 Global Gold Report. There are lots of options to choose from when it comes to investing for retirement, from 401ks to Health Savings Accounts (HSAs), and from traditional and Roth Individual Retirement Accounts (IRAs) to self-directed IRAs (SDIRAs). Each comes with...
-
The Greatest Hedge Fund Manager of All Time Says to Get Your Kids This to Get Them Started Investing
Tuesday, March 14, 2023 - 7:49am | 545Looking for the perfect way to get your kids or grandkids on the path of smart investing? Ray Dalio, the legendary hedge fund manager, has shared that he gives his kids and grandkids gold coins as gifts to start them on their investment journey. Dalio founded Bridgewater Associates, the largest...