Forbes Says Political Uncertainty in Britain Driving Gold Price, Sales Up
Original article written by Heather Farmbrough and published on Forbes.com on January 16, 2019. One of the reasons gold is so highly recommended as an asset is because of its international appeal. Investors around the world flock to gold as a safe haven asset, which provides a constant prop to gold’s price. Now that the UK is potentially going to exercise...
The Dangers of an Independent Federal Reserve System
While Federal Reserve Chairman Jerome Powell is widely regarded by markets as having caved in to President Trump and having agreed to tone down the Fed’s rate hikes in 2019, some of his other statements have been less well publicized. Among them was his assertion that he would not step down from his position if asked by the President....
Forbes: Gold “Set to Soar” in 2019
Original article written by Frank Holmes and published January 14, 2019 on Forbes.com. One of the reasons we recommend gold as an investment in times of financial turmoil is because of its countercyclical nature – gold tends to gain in value when stocks lose value. Only now that stock markets are starting to show signs of weakness is the mainstream...
Tax Refunds Will Still Go Out, But Expect to Wait
When the federal government “shut down” several weeks ago, many taxpayers wondered whether they were still going to receive tax refunds this year. It goes without saying, of course, that even with a shutdown we still have to continue paying our taxes. Thankfully the tax refund situation has been clarified, so taxpayers can still expect to receive their refunds...
Is Dividend Investing All It’s Cracked Up to Be?
When most people think of dividend investing they think of blue-haired old ladies who bought stock in GE, GM, or 3M back when those companies were better known as General Electric, General Motors, and Minnesota Mining and Manufacturing. It’s a conservative approach to investing and wealth creation that has largely gone overlooked over the past 20 years as the...
Bank of England Shocker: Chinese Yuan to Replace US Dollar as World Reserve Currency
We’ve been saying for years that the US dollar will eventually be replaced as the world’s reserve currency. But it’s only now that world financial authorities are admitting the obvious. With the dollar having lost 85% of its value since the gold window was closed in 1971, it continues to lose purchasing power year after year as the Federal Reserve...