Last year we saw a strong performance by gold as it broke past previous all-time highs and set a new milestone above $2,000. This wasn’t the case for gold at the beginning of this year. Gold’s price retraced to retest levels around $1,700. However, some may seem to forget that even in a bull run, […]
Read article ››The stock market’s volatility over the last year has undoubtedly been more than usual. Because of this, we have seen many analysts calling for extremes on both ends of the market, both bull, and bear. While no one knows exactly what the market will do next, nonetheless a year or two from now, when we […]
Read article ››At one point in time, one million dollars was a financial threshold goal that many Americans believed would grant them financial freedom. At the very least, it would provide them with a more than comfortable retirement. Sadly, this is no longer the case. With each year that progresses, we veer further and further away from […]
Read article ››Talks of Bitcoin and other cryptocurrencies’ legitimacy as an investment have been circulating for the past year. Some have even gone as far as to call Bitcoin the new “digital gold.” However, when a cryptocurrency like Bitcoin sees a 30% one-day drop, we wonder how anyone could consider it a safe haven for wealth. Take […]
Read article ››Let’s take a moment to clarify how much the Federal Reserve has “helped us” protect and strengthen our nation’s currency over time. Since 1913, when the Federal Reserve was established, a dollar then now has around the same buying power as $26 today. Everyone knows the dollar is worth so much less than it once […]
Read article ››The silver market has been stealing the show from its more famous cousin, gold. The increase in demand for silver has caused it to soar up to 74% in the last year. The reason? Industrial demand. Strategists say the rally is likely to continue as the global economy reopens. Silver can be found in electric […]
Read article ››Despite their individual growth rate (or lack thereof), assets across all markets usually share one pattern in common: growth followed by retracement. Strong performing assets go on to see continued growth after a retracement and will continue to follow this up and down pattern. In short, nothing goes straight up. The same holds true for […]
Read article ››Each day, more economists and savvy billionaires are beginning to vocalize their thoughts on the current state of the economy and particularly on the word that’s been at the top of everyone’s mind; inflation. Last week it was the revered billionaire investor Warren Buffett who warned of very substantial inflation, and this week another billionaire […]
Read article ››Despite the Fed’s and particular economists’ “everything is fine, don’t worry” attitude, Americans are doing the exact opposite when it comes to inflation numbers. In fact, a recent survey displays American’s fear of rising inflation numbers. The Federal Reserve Bank of New York’s Survey of Consumer Expectations for April reports that American’s believe inflation rates […]
Read article ››Despite mainstream media’s attempt at downplaying the truth about inflation and the actual state of our economy, esteemed investors like Warren Buffett are speaking out. Buffett, CEO of Berkshire Hathaway, is able to address his concerns from his first-hand experience. The multinational holding company wholly owns companies like GEICO, Duracell, and Fruit of the Loom […]
Read article ››In late January, a group dubbed “The Reddit Army” unexpectedly placed their focus and dollars into the precious metals market due to their beliefs of it being manipulated. By now, most of us are aware of the Gamestop squeeze they were responsible for; in short, they believed (and were right) that large Wall Street firms […]
Read article ››In 2020 when gold surpassed its all-time high price, many pegged this to multiple factors, with the COVID-19 pandemic being the main culprit. Fear, uncertainty, and doubt for what the virus may bring and how it would affect our once-thriving economy are times where gold usually shines. However, even before the actual passing of the […]
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