The Dow and S&P have crashed. Real estate has frozen up. The bond market is a bloodbath. But gold and silver prices are soaring. Welcome to the wealth transfer.
Gold’s Highest Quarterly Close in History
As we move into the second half of 2020, gold is increasingly likely to serve as an effective and necessary hedge, particularly in light of the Fed’s dovish stance, ongoing geopolitical conflicts, and the risks associated with the recession, stock market volatility, and US election.
Say Hello to The Great Lockdown
Recently the IMF predicted that the situation is now worse than reported – “unlike anything the world has seen before.” and named it: “The Great Lockdown.”
Weekly Precious Metals Update – June 23rd, 2020
The positive momentum for precious metals continues, as the effects of COVID-19 linger and an overall risky marketplace continues to push investors towards safe havens.
2020 Progress Report: How Have Gold & Silver Fared vs. Stocks?
Now that it appears the virus is ebbing and things are slowly opening back up, let’s look at how our two favorite investments have fared so far this year. Did gold provide a hedge? How did metals perform against the stock market? And where is the better value now?
The Precious Metals Week in Review – June 5th, 2020
China has taken full advantage of the chaos in the U.S., using the footage of U.S. police trying to control the violence and looting in their own cities as justification for Beijing’s stance against, and treatment of, protestors in Hong Kong.
How Would Gold Perform In a Second Stock Market Crash?
In the stock market’s four worst bear markets, ones that included a major second leg down, the gold price has risen every time.
Could it happen again?
The Precious Metals Week in Review – May 22nd, 2020
“Even as businesses see a resumption in customer traffic, many in the U.S. appear to be having trouble getting their employees to come back to work.”
Weekly Precious Metals Update – May 22nd, 2020
The gold price is up another 2% since my last update on May 1st, trading today at $1736/oz USD. Analysts are making bullish predictions for the price almost daily and the ETF inflows have been net positive for the last 20 trading sessions.
The Setup For a Long and Deep Crisis is In Place—Here’s How I’m Preparing Financially
We can actively choose solutions that will help us weather the pandemic and its fallout, as well as prepare us for its ending, whenever that may be and however it may look.