Category: Precious Metals

With the recent changes Congress made to retirement savings laws, more firms today will be able to market annuities to those enrolled in workplace retirement programs. Insurance companies lobbied hard for those provisions, hoping to capture a piece of the trillions of dollars Americans have invested through workplace 401(k) and retirement savings plans. But while […]

As 2019 winds to a close, stock markets continue to see record highs. It’s a lot different than this time last year, when markets were plummeting to end the year. So what has changed? Well, the Federal Reserve decided to plow another few hundred billion dollars into financial markets to end the year, with that […]

While many investors know about investing in gold and silver, most probably don’t know that there are other precious metals in which they can invest. One of the most common precious metals aside from gold and silver is platinum, which has a long history of use in jewelry. Many investors may think that platinum is […]

With the House of Representatives having impeached President Trump last Wednesday, the natural question is: what effect will that have on markets? Judging by the way stock markets reacted in early trading on Thursday, not much. The Dow Jones shot up over a hundred points in early trading to start the day, shrugging off the […]

Many people like to joke about how Congress always drags its feet on important pieces of legislation or on important societal issues. One need only look at the crisis facing Social Security, something that Congress hasn’t focused on at all, to see a crystal clear example of it. But every now and then Congress makes […]

Many investors want to benefit from the protection that precious metals offer. But making the decision about which precious metal to invest in can be a daunting one. Some investors may prefer to invest in gold, which has seen centuries of use as a hedge against inflation and financial crisis. Others may prefer to invest […]

Gold is set to achieve its greatest annual gains since 2010, and it’s just the beginning of what could be a record-setting bull run. If the current gold price holds up through the end of the year, gold will have gained about 15% in value over the course of the year, the highest annual increase […]

Eastern Europe has seen a gold rush of sorts as numerous countries have sought to repatriate their gold holdings that had been held abroad. Some of that gold had been held in London since World War II, and its repatriation was a closely guarded secret only publicized after it was successful. So far Poland, Slovakia, […]

The Federal Open Market Committee kept its target federal funds rate steady last week in a move that was largely anticipated by markets. Markets had priced in previous rate cuts and weren’t looking for another one during last week’s meeting. With stock markets having pushed to new highs since the last rate cut, the pressure […]

The Social Security System has operated for over 80 years as a final backstop to prevent seniors from living out their last years in absolute poverty. While the system was never intended to be the sole source of retiree income, many seniors over the years have come to rely more and more heavily on Social […]