A new president may be in office but Americans are still faced with the same, if not more extreme economic and financial uncertainty. With Joe Biden being sworn in as the 46th president of the United States, it would be an understatement to say that there are differences in opinions on his leadership trajectory. One […]
Read article ››Jerome Powell may have just confirmed a massive buy signal for gold with his recent web interview comments. As we know, historically, gold has always been a trusted safe-haven asset in economic times of uncertainty and distress. Gold set a record price high last year and with the COVID vaccine approved and circulating, many are […]
Read article ››For as long as we can remember, Americans have been protecting their assets with precious metals like gold. When the news of the COVID outbreak hit the globe, millions more were rushing to find a financial safe-haven. Just as it has always done in past times of turmoil, gold has arguably been the safe haven […]
Read article ››The year hasn’t been off to the start Americans had hoped for and uncertainty around the country’s progress is growing. Many are wondering where this leaves gold, especially considering that the global monetary policy remains very accommodative. Chief gold strategist at State Street Global Advisors, George Milling Stanley, said in a recent webinar that gold’s […]
Read article ››Gold is off to yet another strong start this year. Up nearly 3% in less than a week, this may be the second consecutive year that gold sets an all-time high fueled by uncertainty, fear, and doubt. Unemployment numbers are still up, the approval and passing of a second stimulus package that came in late […]
Read article ››Gold has always been seen as a safe haven asset for Americans in uncertain times. What started as a strong year quickly changed due to the emergence of COVID-19. With such a turbulent year, let’s take a quick review of gold’s performance and recap a brief analysis to see what we can expect in 2021. […]
Read article ››Second place is never as good as first place, right? Well, in this instance, it’s not. In fact, it’s better. Silver is a precious metal that tends to be viewed as second in line with gold being the leading asset. And although gold went on a rally to break its historic all-time high in 2020, […]
Read article ››The Fed recently held their last meeting for the year, and surprisingly, they are very optimistic about what 2021 may bring. But of course, the path to get there isn’t so clear. They held true to their promise to keep interest rates at or very close to 0% and made it clear that this would […]
Read article ››2020 has been turbulent, to say the least. And with just two weeks remaining in the year, another stimulus package is approved by Congress. At $900 billion, the new bill is smaller than the first stimulus package; the $2.2 trillion CARES Act passed in March. However, the gold market responded just as strongly to the […]
Read article ››Economic uncertainty has pushed Americans into safer assets. With gold’s soaring performance this year, international banks are joining in on the action. Australia and New Zealand Banking Group (ANZ) feels strongly about gold’s future, which by the way, has a lot to do with the dollar’s weak performance. Many have pegged gold’s 10% retracement towards […]
Read article ››The media rarely ever fully agrees on one topic entirely across the board. While this year certainly proved that when it came to other talking points, for financial or investment, things seem to be a bit different. Real estate, bonds, or a new company entering the market is traditionally the week or month’s finance hot […]
Read article ››When a large corporation like Wells Fargo publicly announces its bullish outlook, especially the potential of gold prices rising, it’s something worth noting. While owning gold is by no means new, in fact, it has been around much longer than any currency we are familiar with today, the head of real asset strategy at Wells […]
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