State-Level Gold Reserve Proposal in Arizona Could Boost Demand for Gold
With the prospect of sound fiscal policies at the federal level becoming increasingly unlikely, state-level proposals in the United States are where fiscally-minded conservatives are beginning to focus more and more of their efforts. Increasingly those efforts are taking the form of pushing state government to secure their assets by investing in gold and silver. Following the establishment of the...
The Fed Is Being Held Hostage
Last week’s Federal Open Market Committee (FOMC) meeting made it clear that the Federal Reserve has caved to pressure to bring its gradual tightening of monetary policy to an early and unplanned halt. Between pressure from President Trump and pressure from markets who want to see the stock market bull run continue for several more years, the Fed’s decision-making...
Top Gold Analysts See 25% Gains for Gold in 2019
Gold’s ability to act as a safe haven asset is unparalleled. Experienced investors have known about that for centuries, which is why gold has always performed so well during times of economic crisis. During the 2007-2009 stock market crash stock markets lost over 50% of their value, while gold gained 25% and continued to rise. A repeat of that performance...
Central Bank Gold Buying at Highest Level in Half a Century
It’s no secret that central banks hate gold. If they could press a button and destroy every last grain of gold that has ever been produced, they would do it. Gold has always been the ultimate restraint on the ability of governments and central banks to create money out of thin air ad infinitum. Even destroying the gold standard,...
Is Your Retirement Portfolio Recession-Proof?
While the government shutdown may now be over, its effects will likely still linger for a while. But one thing the shutdown really brought to the fore is the fact that many American households will be unprepared for the next recession. We found out that many government employees weren’t prepared for missing even a single paycheck, and many more...