The Government Shutdown Demonstrates the Importance and Necessity of Savings
With the federal government shutdown already record-breaking at over one month in duration, more and more stories are circulating about the harm federal employees and their families are facing. Having already missed one paycheck, federal employees are about to miss a second. And while they will receive back pay once the government reopens, that doesn’t do much to help...
Billionaire Investor Says He’s Buying Gold “For the First Time in My Life”: Here’s Why
More and more investors are becoming attuned to the numerous benefits offered by gold. And it isn’t just novice investors who are just starting out and cutting through the Wall Street stock and bond propaganda who are discovering gold either. Sometimes even seasoned investors who wouldn’t have given gold a second thought before are discovering that gold is a...
Central Banks Are Out of Ammo and That’s Good News for Gold
With stock markets around the world on edge and investors nervous about what the future might hold, everyone is looking at central banks for guidance. You would think that they would have learned their lesson from the 2008 financial crisis, caused as it was by loose monetary policy. But ignorance of sound economics has left many people looking to...
CNBC: Technical Investors Getting Bullish on Gold
Original article and video published on CNBC.com on January 19, 2019. Unless you’re deeply involved in gold trading, you’ve probably never heard of the golden cross. And no, it has nothing to with Williams Jennings Bryan’s “Cross of Gold” speech. The golden cross occurs when gold’s 50-day moving average moves above its 200-day moving average. It’s considered a bullish sign...
3 Reasons China’s Economy Is Weakening and How That Will Benefit Gold
China’s economy has grown by leaps and bounds over the past couple of decades, with many economists speculating that it could overtake the US economy as the world’s largest within 15 years. But that facade of enormous growth is hiding some real structural problems that could seriously weaken the Chinese economy in the near future. Here are three of...
Passive Investing and the Coming Crash
By now it’s clear to many people that stock markets are on the verge of a major decline. But what is scaring many investors is the prospect of a severe crash. While the financial crisis of 2008 was bad, stock markets “only” lost a little over 50% of their value. Were we to experience another market crash like the...