Gold Market News

August 20, 2020

August so far has been one of the historical proportions as it relates to the price of Gold. On August 4th Gold made history closing at a record high of $2,022.66 per oz. There was however a subsequent sell-off with Gold retreating slightly below $2,000 on Tuesday, August 11 as investors took the opportunity to […]

August 11, 2020

Possibly the most consequential event of the year is the upcoming US elections on November 3rd. As the election draws closer, Americans should start to pay closer attention to how this could affect their savings and investments. Americans cannot control or predict the results of the US elections but they have total control over how they […]

August 6, 2020

The biggest threat yet, to an already fragile US economy still reeling from the global COVID pandemic, could be looming. It is the Possible Collapse of the Mighty US Dollar. As warning signs continue to emerge, some analysts and economists have become increasingly concerned that a dollar collapse could be inevitable. Former leading economists at […]

July 29, 2020

Due to persistent concerns over the COVID pandemic, a weakening dollar, and lingering economic uncertainty, Investors flocked to precious metals, propelling the safe-haven assets to multi-year highs. This week, Silver powered into the spotlight, reaching a high of $ US$25.60, its highest level since 2013. Silver up over 100% since March, just 4 months ago. […]

July 20, 2020

As countries around the world intensify efforts to create their state-backed digital currencies, experts are warning that the days of US Dollar dominance could be coming to an end. China is aggressively working on its digital yuan currency and 4 of its major cities are already running trials. Should this central bank-backed digital currency materialize, […]

July 8, 2020

When it comes to your retirement, where your contributions are invested can make a huge difference on your investment earnings. Even though traditional IRAs and Roth IRAs are amongst the most popular, in these uncertain times it may be worthwhile to also explore self-directed IRAs. Traditional IRAs and Roth IRAs With a Traditional IRA, you […]

June 17, 2020

All eyes were on the recently concluded Federal Reserve’s FOCM meeting and announcement which took place on Wednesday, June 11th. The Feds had some dire warnings and painted a bleak outlook for the US economy, saying that it could take longer, possible years for the US to fully recover from the onslaught of the Covid-19 […]

June 10, 2020

America has erupted into protests, riots, and looting as hundreds of thousands of protestors take to the streets exercising their 1st amendment rights. Investors already concerned about the deepening US-China rift, sluggish economy, and other negative impacts of COVID 19, now fear that the ongoing US protests and riots could contribute to further economic strain […]

May 28, 2020

Could 2020 and beyond be the decade for gold? Recently there have been several projections showing gold topping $3,000 in the medium to long term. Bank of America recently raised its 18-month gold-price target to $3,000 and Economist John Butler believes that Gold prices could climb to $5,000 in a few years due to looser […]

March 9, 2020

Many of our clients are calling this morning to ask questions about today’s sudden halt in stock market trading. Fears over coronavirus sparked a market panic. For 15 minutes on Monday, the entire S&P 500 was shut down to let the market cool off after a stomach-churning 7% slide in a matter of minutes. Stock […]

February 15, 2019

“Gold will likely continue to act as an investment haven as the US economy faces further economic headwinds.” …Sucden Financial, Feb 2019

February 5, 2019

Wall Street Journal subscribers were in for an unpleasant surprise on Monday. The paper exposed a record investor exodus from stock ETFs in January.