Rampant inflation and stock market corrections make a good case for holding balanced portfolios that include safe-haven investments.
1. Despite May’s inflation report exceeding economists’ expectations, the week ended on a high note with a second weekly unemployment insurance report with less than 400,000 claims and a new low. The stream of good news started on Monday when the U.S. the Federal Bureau of Investigation reported it had seized more than half of…
The new Net Stable Funding Requirement (NSFR) rules under Basel III for gold come into force at the end of this month.
“the most natural tendency seems to be to irrationally hope that the Freedom Fairy will come along, wave the magic wand, and send the country back to a time when most everyone worked for a living”
1. The week ended on a somewhat positive note with record lows for the weekly unemployment claims report and U.S. daily averages of COVID-19 cases, deaths, and hospitalizations. Nevertheless, May’s job reports in the U.S. and Canada were rather disappointing. Although the U.S. Labor Department’s latest nonfarm payroll report recorded gains of 559,000 posts—lower than…
An article by Jeff Thomas, feature writer for Strategic Wealth Preservation, Doug Casey’s International Man and 321gold.com Traditionally, inflation has been defined as “an increase in the amount of currency in circulation.” Such an increase almost always causes an increase in the cost of goods and services, since, more plentiful currency units lowers their rarity,…
As businesses reopen and demand goods and services regain momentum, many investors continue purchasing physical precious metals to shield their portfolios from inflation.
Governments should be controlled by the people, not the other way round. The greater your power to ride herd on your government, the greater your ability to retain your liberty.
Gold and silver prices peaked in August 2020, and have since been largely range-bound.
As volatility in other areas continues to escalate and prices continue to climb in other products and commodities, many investors are looking at physical precious metals with renewed interest and have continued to acquire the product.