Physical Gold vs. Paper Gold: Which Should You Choose?
One of the most misunderstood factors when it comes to buying gold, silver and other precious metals, is whether to buy physical gold or paper gold. Physical gold is just what the name suggests: physical gold coins and bars that investors actually own themselves. Paper gold is the term given to investments such as gold exchange-traded funds (ETFs). How Do Gold...
Fed Chairman Jay Powell Doesn’t Understand Gold
Alan Greenspan was notorious as a Federal Reserve Board Chairman for engaging in “Fedspeak,” a variation of English that sounded as though he was conveying vast amounts of information but in reality was a bunch of gobbledygook that meant absolutely nothing. As long as the economy was booming, which for much of Greenspan’s tenure it was, he got a...
What Is a Silver IRA?
More and more Americans today are taking advantage of the stability offered by precious metals to protect their hard-won investments. With stocks subject to the volatility inherent in the booms and busts of the business cycle, they can be a great way to make money during the boom phase and a great way to lose money during the bust...
The Retirement Savings Gap Is Widening: What Can You Do to Stop It?
The retirement savings gap is the difference between what people have saved for retirement and how much they actually need to save in order to retire comfortably. Many people are aware that Americans are highly indebted and have a low savings rate, but just how much that contributes to the retirement savings gap and how large that gap is...
Just How Overvalued Are Stocks Today?
Stocks have been on a roller coaster ride for the past year and a half, nearing but never quite pushing through key barriers. While the S&P 500 finally broke the 3,000-point mark, the Dow Jones hasn’t managed to break through the 27,000-point mark, falling short every time. For professional investors on Wall Street, the fact that the Dow was near...
China Buys Gold for 7th Straight Month
For the seventh consecutive month, the Chinese government announced that it has added to its gold holdings. The latest published figures are those from May, in which the Chinese government officially added 10 tons of the yellow metal to its reserves. While most analysts speculate that China’s official gold reserves and gold purchases are very likely higher than what...
Veteran Fund Manager: Every Investment Portfolio Needs Gold
When dealing with Wall Street investors you often have to understand that what they push their clients into investing isn’t always what they themselves would recommend. Due to the commission structure that accompanies stock and bond sales, many financial firms push their salesmen to recommend stocks and bonds to clients in order to capitalize on sale and redemption fees....