Author - Trevor Gerszt

Closing the Gold Window: What Effect Did It Have on Gold?

On August 15, 1971, President Nixon officially closed the gold window, thus severing the last official link between the US dollar and gold. While US citizens had been banned from owning gold since 1933, foreign governments still had the opportunity to exchange their dollars for gold by redeeming them...

3 Ways Gold Can Protect You Against a Crashing Economy

Although stock markets seem to have shrugged off the coronavirus and its effects on the US economy, there’s no doubt that the economy is in the midst of a recession that could become a depression. The V-shaped recovery has failed to come to fruition, and millions of Americans remain...

5 Ways to Avoid Financial Difficulty in Retirement

One of the things investors fear the most is running out of money in retirement. Perhaps that fear is driven by the experiences of one’s own parents, or perhaps by stories of friends and family who have experienced financial difficulties. Regardless of the reason, it’s a fear that inspires...

The Federal Reserve, the Price of Gold, and the Future of Your Retirement

The US Bureau of Economic Analysis released its advance estimate of second quarter GDP Thursday morning, and it was as frightful as you could imagine. US economic output declined by an annualized 32.9% in the second quarter, a record shattering the previous record drop of 10% set in 1958....

Your Retirement Won’t Be Like Your Father’s Retirement

Everyone dreams differently about retirement, but for most people the general goals are similar. You’re finally freed from commuting, workplace drama, and stress about deadlines. Your time is your own, and you can do what you want. You can sleep in every morning, enjoy a leisurely breakfast, work in...