Protect Your Future Today
The financial press seems to be full of stories of those who have retired early. It’s easy to get jealous when we hear stories of those who have retired in their 30s and who plan on never holding a full-time job again. In many cases when you dig deeper...
When women decide on the jewelry they wear for an evening out, they’re going to pick between gold or silver. But investors don’t have to choose one or the other, they can choose both. Each precious metal has its own advantages vis-a-vis the other, so here are a few...
For those who continue to hope for a return to economic normalcy, Fed Chairman Jerome Powell’s testimony last week was bitterly disappointing. Anyone hoping for an end to accommodative monetary policy and a return to market-determined prices for assets has much longer to wait. The Fed has barely run off...
Most investors know that Warren Buffett isn’t a fan of gold. He has long derided the yellow metal as a bunch of rocks that sit in a vault and don’t do anything. Of course, when stocks are plummeting and losing half of their value there’s nothing investors want more...
One of the common complaints we hear about American society today is that nobody wants to work hard for anything. Everyone wants to be able to get a six-figure job without having to have any talent or ability, and wants to be able to make lots of money without...
By now it’s no secret that Social Security is in dire straits. According to the latest Social Security Trustees Report, Social Security taxes have long been unable to pay for Social Security benefits. Only because of interest gained on Social Security’s trust fund has the system been able to...
With so much focus on gold, silver often gets little notice. But the white metal, often known as “poor man’s gold,” has caught fire this year. Purchases of American Silver Eagle coins this year are up nearly 50%, with over 6 million coins having been purchased so far. In...
For decades the United States has benefited from the dollar being the world’s reserve currency. That has allowed the Federal Reserve System to inflate the money supply and the federal government to issue debt at levels they otherwise would not have been able to get away with. With a...
Traditionally gold and stocks are thought have an inverse price relationship. When stocks rise gold falls, and vice versa. That isn’t always the case, just a rule of thumb. And in general the relationship pertains more to bull markets. When stocks are in a bull market gold is not,...
The performance of stock markets in the first several weeks of 2019 has been nothing short of astonishing. After a horrendous fourth quarter in 2018 that was the worst since the Great Depression, markets rebounded to have their best January in 30 years. That has some market pundits crowing...