Gold as a World Currency

It’s no secret that gold, silver, and other precious metals are viewed as the embodiment of wealth. After all, these precious metals have been used by man for thousands of years to facilitate exchange, back paper currency, and protect assets. Not too long ago, the United States and other parts of the world were on the gold standard in which every unit of currency had to be “backed up” by gold. Could a return to a gold standard be seen? Could gold simply become a... Continue Reading

3 Simple Reasons For Dollar Downside

It’s no secret that the dollar and gold often exhibit a negative correlation. Because gold is a dollar denominated commodity, a weaker dollar makes gold relatively less expensive for foreign investors while a stronger dollar makes gold relatively more expensive. It’s also no secret that the dollar has been losing value for years. In our view, loss of value is inevitable when it comes to fiat currency. Unfortunately for users of fiat currency, as their value declines they buy less goods and services. While all... Continue Reading

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Get Your Hands on Silver While You Still Can

While you often hear gold is even more precious than silver, it’s silver that could potentially run dry before gold. If you already own physical gold, wouldn’t it make sense to consider adding silver as well? Some estimates put the total amount of silver already mined at 1.5 million tons. Sounds like a lot of silver right? Wrong… You see, we have lost much of what has previously been mined. A significant portion of that 1.5 million tons of silver was never recycled and likely... Continue Reading

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Could the Fed Return to Quantitative Easing?

The question of whether or not the Fed would actually raise interest rates for the first time in almost a decade was answered in December. After several months of speculation, the central bank stuck to its plan of an initial rate hike by the end of 2015. Was this rate hike justified? Maybe yes, maybe no. Certainly debatable… Now that a new year has begun, investors have been trying to gauge the central bank’s intentions on further interest rate hikes. The generally accepted thought was... Continue Reading

Expect a Recession by Year End Says Stockman

  In this clip, Former Reagan OMB Director David Stockman talks with CNBC’s Jackie DeAngelis and the Futures Now traders about a potential recession. He states, “This time it’s different… we are looking into the jaws of a recession, it will become more evident by the week … [Everyone] in the market is going to panic when they face recession and the Fed can’t do anything…”

There’s a Whiff of Deflation in the Air…

Much has been made of the ongoing sell-off in the crude oil market. Declining oil prices have been widely discussed in recent months on various financial media platforms and even just this past week, falling oil drove stocks significantly lower. Crude oil fell below the $30 per barrel mark this week for the first time in 12 years as ongoing concerns over the Chinese economy took their toll and as the notion of even more supply hitting the market weighed on prices. Stocks have been... Continue Reading

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The $20 Saint-Gaudens Gold Double Eagle

When investing in physical gold bullion, there are many product choices available to investors. These products include gold coins, bars and rounds of various weights. Gold bullion products are produced by many mints, including government mints such as the U.S. Mint and private mints as well. One example of a fine gold coin produced by the U.S. Mint is the $20 Saint-Gaudens double eagle. These double eagles are highly regarded and are a favorite among both collectors and investors alike. If you are looking to... Continue Reading

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Shedding Some Light on the U.S. Labor Market

The U.S. labor market is a focal point for markets and investment. On the first Friday of every month, the U.S. Department of Labor reports its latest non-farm payrolls data for the previous month. This report is highly anticipated by investors and certainly has the ability to move markets. Over the past year, as the U.S. Federal Reserve weighed the possibility of raising interest rates-and eventually did-the jobs data was said to play a key role in any decision made by the central bank. This... Continue Reading

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