Blog
-
5 Myths About Bitcoin, Deciphered
- December 18, 2017
- Category: Bitcoin
Though nearly eight years have passed since its introduction, Bitcoin is still shrouded in a bit of general mystery. Let’s look at the top 5 myths related to this popular cryptocurrency. Bitcoin is a bit of a buzzword these days – it is to cryptocurrencies what Kleenex is to facial tissues. It has become the
-
How Gold Can Help You Retire
- December 8, 2017
- Category: Gold
While gold might traditionally be thought of as jewelry or coins, it is actually a viable retirement savings vehicle! You can invest gold into an IRA and can even convert your employer-sponsored 401(k) into a Gold IRA. Let’s look at some of the basics of investing for retirement, including the differences between a 401(k) and
-
The Investment Value of the Gold Standard
- December 5, 2017
- Category: Gold
Suppose you had capital valued at $1,000,000. What would you do with that capital? You can spend it, invest it, save it or give it away, or some combination of the four. Contrary to what your grandfather may have told you, a penny saved is not exactly a penny earned; although in his day that very
-
Gold Follows Oil’s Lead
- November 27, 2017
- Category: News
Statistics are just as important and useful in finance, as they are in sports. I bring that to your attention, because there is a distinct correlation between oil prices and gold prices. More than 60% of the time, the two commodities appreciate or depreciate together. Increasing tensions between Saudi Arabia and Iran are pressuring both
-
Cryptocurrencies And Gold Have Become Top Investment Options
- November 20, 2017
- Category: Gold Investing
Cryptocurrencies in general have created more than a little buzz in the investment community. But the public and meteoric rise (and fall) of Bitcoin, particularly this year, has garnered unusual attention and investment. Many developments have fueled the Bitcoin excitement, but its visible and public growth from $956.23 at the close of 2016 to valuations
-
What’s Wrong With The Duh, Dollar?
- November 14, 2017
- Category: Currency
Since its debut as the world’s petrocurrency in 1974, it’s been the concerted intention of China (and others) to discount, destroy, or at the very least replace the Dollar as the premier world currency. The petrodollar arrangement became the cornerstone of U. S. Dollar stability. China’s President, Xi Jinping, took office in March of 2013
-
A Year Ago This Week
- November 10, 2017
- Category: Government
The U.S. election for President occurred a year ago this week. An army of economic analysts proclaimed that if Trump were to be elected President, the stock market would go into shock and collapse. At this point, it’s pretty clear to see that these trained analysts might be better equipped to simply report, rather than
-
Will Powell Or Taylor Be A Horse Of A Different Color?
- October 31, 2017
- Category: News
Kevin Warsh played a critical role during the financial market turmoil of 2007 and 2008. David Wessel, a Pulitzer Prize winning economic journalist said, “Warsh established himself as the chairman’s protector in Republican circles and Bernanke’s bridge to Wall Street executives.” The biggest complaint of Warsh is that he was and remains “overly concerned” with
-
Why The Federal Reserve Is In A Catch-22
- October 27, 2017
- Category: Stocks
In October 2017, the Dow Jones Industrial Average eclipsed 23,000 for the first time in its history. In fact, 2017 saw the first 19,000 stock market ever, the first 20,000, the first 21,000, and the first 22,000. It looks like a great time to be an equity investor, but dig a little deeper and you’ll
-
Understanding The Karat And Gold Purity
- October 23, 2017
- Category: Gold
This universal unit of measurement for the fineness of gold is an important concept to understand when investing in precious metals. Whether you’re a jewelry aficionado or ready to invest in gold as a precious metal, you’ll want to gain a firm grasp on the concept of a “karat” – our most common method of