Market News

Don’t Count on the Fed to Protect Your Wealth

Featured | July 28, 2021
The Federal Reserve met today and delivered once again – a whole bunch of nothing. The Fed did not raise interest rates from zero percent and indicated it would keep on buying $120 billion in U.S. government bonds each month. The Fed said the U.S. economy continues to strengthen and that the recent burst of…

Gold and Climate Change

Gold | July 27, 2021
The issue of climate change has long been politicized and the effects will be experienced by those on both sides of the political spectrum. In response, countries like China have committed to becoming carbon neutral by 2060. The U.S. has targeted a goal of attaining 100% carbon pollution-free electricity by 2035. These dramatic measures have…

Lessons from the Japanese Stock Market Crash

Gold | July 23, 2021
On Monday, the Dow Jones Industrial Average plunged 1.72%, marking its biggest one-day drop since October. While the market bounced back Tuesday, stock market breadth has been declining, which is a warning signal that a correction may be near. Wall Street defines a stock market “pullback” as a retreat of 5-10% and is a short-term…

Why Do Central Banks Intend to Increase Gold Reserves in the Next 12 Months?

Gold | July 21, 2021
A 2021 Central Bank Gold Reserves survey concluded that 21% of central banks plan to increase their gold reserves over the next 12 months. The question is why. The one-word answer: uncertainty. The same body of research found that 84% of the respondents cited uncertainty arising from the post-COVID recovery as a major influence over…

Barber Left the Motto Off This Silver Coin

Market News | July 19, 2021
U.S. Bureau of the Mint Chief Engraver Charles E. Barber designed the famed Barber coinage which includes a dime, quarter and half dollar. And, Barber dimes were struck from 1892 through 1916. This beautiful silver coin features Lady Liberty facing right on the obverse. UNITED STATES OF AMERICA encircles her head. The date is found…
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