In June, gold came close to revisiting its all-time high levels met in 2020 hovering at around $1,900 an ounce. Since then, its price has stabilized, and some market analysts believe that this could be the resting phase before another launch upwards. There are many factors supporting this belief, the main one being inflation. ETF […]
Read article ››The future of the dollar is not looking so bright. According to many investors and the so-called bond king Jeffrey Gundlach, CEO of DoubleLine Capital told CNBC: “In the longer term, I think the dollar … [is] doomed.” Gundlach is known for his firm, which manages more than $140 billion in assets, and for correctly […]
Read article ››Planning for retirement was generally a straightforward topic at one point in time. Unfortunately, times have changed and they don’t seem to be reverting back to normal anytime soon. According to a study, about 50% of Americans report that they will struggle, or are currently struggling, with their personal finances needed to maintain their standard […]
Read article ››While no two events in life may ever be the exact same, some share traits similar, and market bubbles are one of those. It’s been just over a year since the last stock market crash. It’s impossible to know for sure when another collapse is coming, but when one investment strategist correctly called the last […]
Read article ››Talks of America slipping into another recession mainly due to out-of-control money printing, which is causing an ever-inflating national debt, have been at the front of many minds of Americans, not just financial experts. Today, we’re not here to argue if and when that will happen; all we’re saying is that there are things happening […]
Read article ››Could we be entering a correction phase in the stock market? If so, is it temporary or long-term? Some analysts believe so. The Dow Jones Industrial Average recently closed its worst week since October, and the futures market, which closely follows the Dow, fell 200 points as well. However, the sell-off was not just experienced […]
Read article ››The thought of retiring comfortably in most minds means that all of our loved ones and other responsibilities are taken care of, and now it’s time to take care of ourselves. Americans understand the tenacity it takes to work hard for decades in order to build a nest egg, despite the financial obligations that come […]
Read article ››Central banks may have just signaled one of the most significant bullish signs for gold in the upcoming months. In the annual Central Bank Gold Reserves (CBGR) report, The World Gold Council (WGC) revealed data that shows a shift in the sentiment that many central banks now have towards gold. Central banks across the globe […]
Read article ››The Federal Reserve is caught in a web of its own making. Financial experts believe that the Fed’s back is now against the wall with no good options left. Peter Schiff, chief market strategist at Euro Pacific Asset Management, and renowned gold bug, had the following to comment, “The Federal Reserve has trapped themselves; either […]
Read article ››“So we have an asset bubble. Now that’s not just in tech stocks; it’s in everything.” A recent statement quoted by one of the men responsible for making a trade that “broke the Bank of England” in 1992. This one single trade was placed against the British Pound and netted his firm over a billion […]
Read article ››If we thought the dot com bubble of the ’90s or even the housing crash of 2008 was significant, then we haven’t seen anything yet. Well, at least in the eyes of Michael Burry, the investor who gained fame for calling the 2008 crisis, and more importantly, bet billions of dollars against it and won […]
Read article ››Talks of inflations squeezing and ultimately hindering our nation, continue to be the topic in circulation right now for alarming reasons. Everywhere you look right now costs seem to be increasing. Whether that’s been through the outlandish increase of the price of homes, materials like lumber, or everyday consumer products like cooking oil or corn, […]
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