Monthly Archives - August 2019

Gold and Silver Continue to Soar

We’re not even two-thirds of the way through the year and gold and silver have already taken out the price targets that Wall Street analysts set for them at the beginning of the year. Back in January the analyst average for gold was a little over $1,300 an ounce and the average for silver was a little over $16 an ounce. Even the most bullish gold analysts saw gold topping out at $1,475. Yet just last week gold broke [...]


How Could the Next Market Crash Occur?

Business cycles are funny things. No one realizes that the top of the market has been reached until months after the decline has already started. And no one realizes the bottom has been reached until months into the recovery. That’s why so many financial advisers recommend against trying to time markets. You just can’t ever tell for sure whether the next big drop in markets is a momentary blip or the start of a trend, or whether the next [...]

gold IRA rollover guide

Gold IRA Rollover: A Complete Guide

During times of political and economic uncertainty, investors flock to the safe haven of gold. Gold, unlike any other asset, has stood the test of time. It maintains its value day in and day out, oblivious to the goings-on of the world around it. Many investors trust gold as a hedge against difficult economic times and seek to hold a portion of their portfolio in gold. Whether it’s buying a handful of gold coins to use as currency in a [...]


Does the Fed Think a Crash Is Around the Corner?

By now even the most fervent market bulls realize that the economy is on the cusp of a recession and that stock markets are on the cusp of a crash. That’s why so many of them are hoping for further cuts to interest rates on the part of the Fed. Right now the consensus is that the Fed should cut rates three more times this year. But what do Fed policymakers think about that? Outspoken policy dove Jim Bullard, President [...]

IRA blocks stacked on top of coins

How to Avoid Taxes on IRA Withdrawals

One thing that every investor wants to avoid is paying taxes. Having to pay taxes takes a tremendous cut out of the value of your investments, eating significantly into your investment returns. That’s why so many investors turn to tax-advantaged retirement accounts such as 401(k)s and IRAs, since they allow investors to defer taxation on their investment gains until they decide to take a distribution. But what happens if you find yourself in a crunch and really need money quickly? [...]


Will the Fed’s Rate Cut Really Do Anything?

While the Federal Reserve’s rate cut last week was fully expected, the reasons behind it are increasingly unclear. At the post-FOMC press conference, Fed Chairman Jay Powell seemed to flip flop on whether this was a one-time deal, “So we do think it will serve all of those goals, but again, we’re thinking of it as essentially in the nature of a midcycle adjustment to policy.” or whether it was the first in a series of potential cuts that will take [...]


Many Americans Plan Never to Retire: Don’t Be One of Them

One aspect of the post-financial crisis recovery that is of particular concern is that people’s attitudes towards their financial well-being seems not to have recovered. Many of the benefits of the recovery accrued to those most connected to the financial sector, those who received the benefit of government bailouts and Federal Reserve liquidity facilities. But for the average family on Main Street, prices kept getting higher while salaries seemed to stagnate. More and more Americans are growing disillusioned about their [...]

An IRA label on a jar of money.

Can the Government Take Your IRA or 401(k)?

One of the key concerns most people have when planning for retirement is making sure that their money is safe. Between stock market crashes, Bernie Madoff-style Ponzi schemes, and hackers targeting financial accounts through phishing, there are numerous threats out there that need to be defended against. But while you can protect yourself against most threats when you invest in an IRA or 401(k), you can’t protect yourself against the government. The government will always take its pound of flesh, [...]