Chinese Bank Buys “Secret” London Gold Vault

In another indication of Chinese demand for physical gold, China’s ICBC Standard Bank has reportedly agreed to buy a London vault from Barclays. The ICBC Standard Bank is the largest bank in the world by assets, and the vault being purchased is one of the largest in all of Europe. While the exact whereabouts of the vault are unknown, it reportedly is within the M25 road and can allegedly hold up to 2000 metric tons of gold and other precious metals. Mark Buncombe, head of commodities... Continue Reading

10 Reasons You Should Own Physical Gold

Physical gold carries no counterparty risk: Gold coins or bars cannot go bankrupt or default. You will not wake up one day the proud owner of a worthless piece of paper. Physical gold can be transacted privately: While certain reporting requirements may exist, physical gold can be bought and sold privately and anonymously. Gold has been considered a reliable store of wealth and value for thousands of years: Gold has been used as a store of value and medium of exchange for centuries. Try to... Continue Reading

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Demand For Gold Soaring

The gold market has seen some solid gains since the beginning of this year. Investment demand for the yellow metal could be attributed to numerous factors including the economic slowdown in China, deflationary risks, ongoing geopolitical tensions, uncertainty over U.S. interest rates, and more. We would certainly have no trouble laying out a very bullish case for gold at this point, but it doesn’t matter what we think, it only matters what you think. We would make the argument that gold has many reasons to... Continue Reading

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Does a June Rate Hike Really Matter?

Since the beginning of 2016, a debate has been ongoing about the pace and timing of additional rate hikes by the Federal Reserve. The Fed raised rates for the first time in almost a decade back in December, and it was thought that the central bank would embark on a series of further hikes in 2016. Things haven’t quite worked out that way… The Fed has not raised rates again through the first five months of 2016 and has cited numerous reasons for waiting. China’s weakness, a... Continue Reading

Could Be Harder Times Ahead For China

Much has been made of the slowdown currently being experienced by China. This makes perfect sense, after all, since China is the world’s second largest economy. Stock markets have whipsawed along with Chinese equities, and any increases in volatility seen in China tend to spread quickly. The People’s Bank of China has taken measures to boost its economy and stabilize its equity markets. From interest rate cuts to bans on short selling, the central bank has not been afraid to take the steps it feels... Continue Reading

How to Build a Fortress of Gold and Silver

The road to retirement can be a long and arduous journey. There are many potential pitfalls along the way that can derail your efforts and set you back. The sooner you begin building your financial fortress, however, the more likely you will be able to not only meet your objectives, but perhaps exceed them. Here is one simple trick that has the potential to not only boost your retirement nest egg but also has the potential to protect the wealth you have worked so hard to... Continue Reading

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3 Questions to Be Asking Yourself Right Now

Global markets could potentially see significant volatility soon, and U.S. stocks could see the multi-year bull market come to an end any day now. Are you prepared? Investors will likely have to grapple with several key issues in the coming months and years, and now may be a good time to reflect and ready yourself for what could lie ahead. Here are three key questions you should be asking yourself right now, and if you don’t have the right answers, it may be time to take... Continue Reading

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A Potential “Brexit” and Gold Explosion

Gold has had a spectacular start to 2016 and the run higher could potentially be far from over. The reasons for gold’s strong performance year to date are numerous, with uncertainty over the global economy and the Fed’s plans regarding interest rates nearing the top of the list. Another issue near the top of the list is the potential for a vote by Great Britain to leave the European Union, a referendum scheduled to take place June 23, 2016. While this issue has become more... Continue Reading

A Storm on the Horizon

The equity bull market that began in 2008 has been dubbed the most hated bull market in history by some. The run higher in equities over the last several years did, indeed, leave many scratching their heads. While many equity investors have enjoyed some strong returns during this period, there are ominous signs pointing to the possible end of the party. Consider current interest rates and bond yields. Since getting off to a terrible start to 2016, stocks have come roaring back in the last... Continue Reading

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Gold and Your Financial Future

It’s no secret that diversification is critical to a long-term investment strategy. And no, we don’t mean buying a few different stocks and then pouring a ton of cash into your company stock. Effective diversification includes different asset classes. These asset classes may include stocks, bonds, real estate, precious metals, and more. Unfortunately, many investors suffer a false sense of security as they are not aware of many of the options available to them and mistakenly believe they are well-diversified. To illustrate this point, the... Continue Reading

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