Arizona Is Latest State to Adopt Pro-Gold Reforms
Arizona Governor Doug Ducey recently signed into law HB 2014, a bill to eliminate capital gains taxation on gold and silver coins...
14Jun
12Jun
Negative Interest Rates, the Federal Reserve, and Your Retirement
Recent news reports have indicated that President Trump has filled two of the open positions on the Federal Reserve’s Board of Governors. One of them, Randal Quarles, was formerly involved in the President’s Working Group on Financial Markets, a.k.a. the Plunge Protection Team. The other, Marvin Goodfriend, is an enthusiastic advocate of negative interest rates. If these picks for...
09Jun
What Will You Spend Your Money on in Retirement?
The Bureau of Labor Statistics’ most recent Consumer Expenditure Survey provided many insights into the spending habits of Americans...
01Jun
Analysis of Minutes of the Federal Reserve’s May FOMC Meeting
The Federal Reserve Board recently published the minutes of the May 2-3 meeting of the Federal Open Market Committee (FOMC), giving an insight into the thinking of Federal Reserve policymakers regarding the strength and health of the economy.
31May
Gold Demand Trends of 2017
The World Gold Council, a trade group for the gold industry, published in early May its report on trends in gold demand for the first quarter of 2017. The report is well worth reading, as it contains numerous insights that could help gold investors. Investment Demand for Gold The highlight of the report was that inflows of gold into exchange-traded funds...
11May
New Arizona Law Could Mean Bigger Profits for Gold Investors
Like many other commodities, gold has long been used as a hedge against currency devaluation, particularly against the gradual inflation that is symptomatic of today's monetary system. A new law passing in Arizona is creating more benefits for gold investment by removing taxation of precious metals — including gold — at the state level.
24Apr
End-of-April Government Shutdown Might Impact Economy and Personal Investments Immediately
It's not new knowledge that U.S. debt management is somewhat out of control, but amid so many urgent economic and geo-political stories, investors might not realize that the U.S. debt ceiling suspension expired as of March 16. With the clock — and the dollars — ticking away by the minute, Congress doesn't have a lot of time to act...
20Apr
Inflation and Its Effects on Your Portfolio
Inflation is a major drain on investment portfolios — and indeed, almost any other financial product. Many people don't understand fully how inflation works, so it’s often ignored. However, when a portfolio doesn't get sufficient return, it can wind up being worth substantially less than you think in actual terms, making it important to pay attention to pressures like...
14Apr
Early Withdrawal From a 401(k): What Happens?
Saving for retirement can seem somewhat expensive, and when you’re in dire straits, it can be very tempting to raid your 401(k) to pay off credit card bills or pocket funds that are already in your retirement account. However, this has serious consequences on retirement income, and it’s not so good for the companies that maintain these investment vehicles,...
31Mar
Is the Market Rising Due to Inflation?
With the Fed's announcement that it's increasing interest rates, it seems likely that inflation is going to be a concern for investors in the near future. Much of this is fairly predictable, as the policies put forward by the new administration typically lead to inflationary pressures.