What Is the Gold Spot Price and How Is It Set?When you go to buy a gold American Eagle, online or from your local coin shop, the price that you pay is determined by what is known as “spot.” READ MORE Bond King' Bill Gross Warns of Potential Recession and Overvalued StocksBill Gross, renowned as the “Bond King” and a billionaire co-founder of Pimco, expressed significant concerns about the current state of the stock market and the broader U.S. economy. Highlighting overextended stock valuations, he warned of a potential major recession if the Federal Reserve does not lower interest rates this year. Gross pointed out the […] READ MORE Half of Americans Feel the Pinch: Personal Finances Worsen Since 2020 Despite Inflation EasingA Yahoo Finance article revealed a significant decline in consumer confidence among American families earning under $100,000. Despite the inflation rate dropping to 3.4% in December 2023 from a peak of 7.2% in December 2021, high interest rates have escalated the cost of mortgages, credit card debt, car loans, and other expenses. The Federal Reserve’s […] READ MORE What Is the London Fix Price?The “London Fix” is issued by the London Bullion Market Association (LBMA). It is the way that global daily prices are set for precious metals including silver, platinum and palladium. But most importantly, gold. The “London Fix Price” is an agreed-upon fair-value price for a precious metal based on current buying/selling interest at various prices […] READ MORE A Guide to Trading Gold and Silver Futures ContractsThere are two primary ways to invest in precious metals: physical metals and “futures”. The former comes in many forms itself, from allocated storage or ETFs to simply stocking away some metals in a safe at home. READ MORE Ron Paul Urges End to Fed, Don't Tax the RichRon Paul criticizes the Federal Reserve’s policies for exacerbating income inequality and inflation. He argues that the Fed’s role in manipulating the market disproportionately benefits the wealthy, leading to a decrease in purchasing power for middle- and working-class Americans. Paul calls for an end to the Fed and government programs that favor crony capitalism, suggesting […] READ MORE Growing Credit Card Debt: A Warning Sign for InvestorsThe four largest U.S. banks have reported a significant increase in credit card expenditures in 2023, continuing an upward trajectory that began in 2020. Notably, JPMorgan Chase observed a 9% increase in credit card spending, reaching $1.2 trillion. This trend is mirrored at other major banks like Wells Fargo, with a 15% rise. More concerning […] READ MORE Bitcoin: A Complement to Traditional Safe Havens like Gold and SilverIn the evolving landscape of wealth preservation, Bitcoin emerges as a novel alternative alongside traditional assets like gold and silver. While these precious metals have long been the cornerstone for securing wealth, the advent of digital currencies offers a modern choice. Post-World War II saw the transition of global currencies from a gold standard to […] READ MORE The Looming Disaster in Commercial Real Estate ExplainedGain insights into the complexities of the current real estate landscape and the potential consequences for both investors and the broader economy. READ MORE « Previous 1 … 55 56 57 58 59 … 64 Next »
