Yearly Archives - 2019

Gold Demand Surges in India

One of the vitally important markets in gold is the Indian gold market. Gold has a long and storied history in India, being a fundamental part of Indian religious life from temple offerings to wedding gifts. Many Indian families hold a significant part of their wealth in the form of gold, mostly in jewelry. Some Indian temples that have received donations of gold for centuries are estimated to be sitting on billions of dollars worth of gold. In fact, [...]

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Follow the Yellow Brick Road: Your Step-By-Step Guide to Setting Up a Gold IRA

  In the aftermath of the 2008 financial crisis, many investors were understandably nervous about investing their money. With stock markets having lost over 50% of their value during the crisis, many investors saw years’ worth of investment gains wiped out in a matter of months. And for those close to retirement, those losses were particularly painful. But saving and investing are the only ways to ensure that you’ll have enough money to live comfortably in retirement. Putting money under your [...]

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Fed Chairman Powell Is Trying to Juice Stock Markets: Will He Succeed?

Federal Reserve Chairman Jerome Powell is probably shaking in his boots right now. Taking over from Janet Yellen in 2018, he inherited a bubble economy created by his two predecessors that is now on the verge of bursting. His legacy as a chairman will be judged by how he is able to juggle what is by now an all but inevitable stock market crash. Will he be successful? If success is determined by avoiding a crash, then there’s no hope [...]

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You Can Never Have Too Much Money Saved for Retirement

It may seem like an obvious truth that in order to retire you need to save enough money to afford to live the lifestyle to which you’ve become accustomed, but millions of households don’t save enough money. Whether it’s not saving enough each month, not starting to save early enough, or making bad investment decisions that fail to maximize retirement savings, most American households don’t have enough money saved up to be able to retire comfortably. That’s a real [...]

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Bloomberg: Global Gold Demand Remains Strong

With recent weakness in stock markets and uncertainty about the direction of the world economy due to the likelihood of a trade war, gold demand remains strong throughout the world. The reasons for that demand vary widely based on region, but no region is exempt. According to a recent Bloomberg interview with gold analyst Joshua Rotbart, some of the reasons for strong gold demand include: The heightened trade war leading to an increase in demand in China and the US; A [...]

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The Trade War Is Heating Up: Good News for Gold Investors?

There seems to be no stopping the trade war that has ensued with President Trump’s decision to seek a better deal from the US’ trading partners. With 25% tariffs on Chinese imports set to go into effect, Trump recently shocked markets with his declaration of a new 5% tariff on all imports from Mexico. If Mexico fails to act as Trump wants, that tariff could also increase to 25% by October 1. That could have serious consequences for US [...]

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