Dollar Plummets Amid US Political Turmoil
"The US dollar took a plunge this week in the aftermath of the political turmoil that engulfed Washington..."
22May
19May
Gold Prices Surging Amidst Ongoing Stock Market Turmoil
Gold prices surged this week amidst ongoing turmoil in the stock markets. The political drama in Washington surrounding President Trump has markets on edge and investors jittery. But while stocks saw large daily losses, gold cemented its status as a safe haven, at one point seeing a $50 increase over last week’s prices.
18May
Stocks Sink Worldwide As Safe Havens Rally
Stock markets have been on pins and needles the past several days as more and more bad news continues to leak out of the White House. From allegations of passing intelligence to the Russian Foreign Minister, to the ongoing search for a new FBI director, to reports of a major shakeup of senior White House staff, news reports coming...
18Apr
4 Questions to Ask When Considering a Gold IRA
With economic stability in question across the globe, a growing number of investors are looking for retirement savings options outside of traditional 401(k) plans or IRAs. Many people are turning to gold and silver IRAs because precious metals have always provided foundational security in times of uncertainty.
13Apr
Largest Bomb in U.S. Arsenal Could Make Economic Waves
GBU-43/B, also called "mother of all bombs" or MOAB, has been dropped in Afghanistan, marking a dramatic change in the way the current administration plans to conduct operations in the area. While the weapon was planned for use on the Iraqi battlefield, it was never used as there was limited resistance there. The bomb was likely dropped in response...
12Apr
Buy Into Gold to Avoid Bursting Bubbles
Gold — and other precious metals — are one of the few assets today that aren't overvalued. While other stocks approach potentially dangerous bubbles, gold tends to keep stable. Most investors know that buying low and selling high is the key to successful wealth building, but that's not easy to do if you're constantly purchasing from overvalued investment classes.
10Apr
Auditing the Federal Reserve
The ostensible purpose of the Federal Reserve is to maintain balance in the economy. By raising and lowering the interest rate, purchasing and selling securities, and similar financial acts, they’re supposed to be able to keep economic disaster at bay.
07Apr
Missiles Over Syria: A One-Shot Deal for Gold?
The recent missile strikes on Syria have had a notable impact on the markets, with currency pairs wobbling and the U.S. dollar dipping in most markets as a result. Similarly, weak data from the UK caused the dollar to rise significantly against the pound, and the euro didn't show much change. The yen, on the other hand, experienced a...
04Apr
Pension Cuts Put Focus on Other Saving Methods
Your pension is a vital part of your long-term planning, and it's essential that you take into account accurate forecasts. Pension benefits for some individuals have been recently cut in a trend that seems to be impacting numerous organizations across the nation. This poses worrying problems for those who have relied on company or public pensions to supplement their...
27Mar
How a Repeal of Obamacare Could Affect Those in Early Retirement
Much has been said of the latest proposed amendments to the Affordable Care Act, with most media focused on middle and low-income earners. If it is repealed in whole or in part, it could affect the retirement plans of individuals at all income levels, especially for those who have to retire early and haven’t planned for it.