December 2019
Gold vs. Platinum: Which Is the Right Investment for You?
While many investors know about investing in gold and silver, most probably don’t know that there are other precious metals in which they can invest. One of the most common precious metals aside from gold and silver is platinum, which has a long history of use in jewelry. Many investors may think that platinum is more expensive than gold, which...
What Effect Will President Trump’s Impeachment Have on Gold?
With the House of Representatives having impeached President Trump last Wednesday, the natural question is: what effect will that have on markets? Judging by the way stock markets reacted in early trading on Thursday, not much. The Dow Jones shot up over a hundred points in early trading to start the day, shrugging off the widely anticipated impeachment. Will...
Congress Is Making Changes to Your Retirement Accounts: How Will It Affect You?
Many people like to joke about how Congress always drags its feet on important pieces of legislation or on important societal issues. One need only look at the crisis facing Social Security, something that Congress hasn’t focused on at all, to see a crystal clear example of it. But every now and then Congress makes a sudden move that...
What Is the Gold to Silver Ratio? Your Quick Guide to Investing
Many investors want to benefit from the protection that precious metals offer. But making the decision about which precious metal to invest in can be a daunting one. Some investors may prefer to invest in gold, which has seen centuries of use as a hedge against inflation and financial crisis. Others may prefer to invest in silver, which has...
Gold Set for Best Performance in Nearly a Decade, and This Is Just the Beginning
Gold is set to achieve its greatest annual gains since 2010, and it’s just the beginning of what could be a record-setting bull run. If the current gold price holds up through the end of the year, gold will have gained about 15% in value over the course of the year, the highest annual increase since 2010, when it...
More Countries Trying to Repatriate Gold: What Can Investors Learn From Them?
Eastern Europe has seen a gold rush of sorts as numerous countries have sought to repatriate their gold holdings that had been held abroad. Some of that gold had been held in London since World War II, and its repatriation was a closely guarded secret only publicized after it was successful. So far Poland, Slovakia, Serbia, and Hungary have...
Fed Keeps Interest Rates Steady; Markets Unmoved
The Federal Open Market Committee kept its target federal funds rate steady last week in a move that was largely anticipated by markets. Markets had priced in previous rate cuts and weren’t looking for another one during last week’s meeting. With stock markets having pushed to new highs since the last rate cut, the pressure from markets for the...
3 Reasons You Can’t Rely on Social Security and How You Can Protect Against That
The Social Security System has operated for over 80 years as a final backstop to prevent seniors from living out their last years in absolute poverty. While the system was never intended to be the sole source of retiree income, many seniors over the years have come to rely more and more heavily on Social Security in their twilight...