Blog

Physical Gold vs. Paper Gold: Which Should You Choose?

One of the most misunderstood factors when it comes to buying gold, silver and other precious metals, is whether to buy physical gold or paper gold. Physical gold is just what the name suggests: physical gold coins and bars that investors actually own themselves. Paper gold is the term given to investments such as gold exchange-traded funds (ETFs). How Do Gold ETF’s Work? ETFs operate in a similar manner to mutual funds, in that a fund purchases a quantity of gold, then [...]

Read more...

Fed Chairman Jay Powell Doesn’t Understand Gold

Alan Greenspan was notorious as a Federal Reserve Board Chairman for engaging in “Fedspeak,” a variation of English that sounded as though he was conveying vast amounts of information but in reality was a bunch of gobbledygook that meant absolutely nothing. As long as the economy was booming, which for much of Greenspan’s tenure it was, he got a pass for not saying anything meaningful. His successors, Ben Bernanke and Janet Yellen, engaged in much the same behavior. Many of [...]

Read more...
what-is-a-silver-ira

What Is a Silver IRA?

More and more Americans today are taking advantage of the stability offered by precious metals to protect their hard-won investments. With stocks subject to the volatility inherent in the booms and busts of the business cycle, they can be a great way to make money during the boom phase and a great way to lose money during the bust phase. So why not make money during the boom and avoid the bust altogether? That’s what a physical silver IRA allows [...]

Read more...
Retirement savings gap

The Retirement Savings Gap Is Widening: What Can You Do to Stop It?

The retirement savings gap is the difference between what people have saved for retirement and how much they actually need to save in order to retire comfortably. Many people are aware that Americans are highly indebted and have a low savings rate, but just how much that contributes to the retirement savings gap and how large that gap is is probably underappreciated. The United States has the worst retirement savings gap of any large developed nation. In 2015 the gap [...]

Read more...
Stock markets are overvalued

Just How Overvalued Are Stocks Today?

Stocks have been on a roller coaster ride for the past year and a half, nearing but never quite pushing through key barriers. While the S&P 500 finally broke the 3,000-point mark, the Dow Jones hasn’t managed to break through the 27,000-point mark, falling short every time. For professional investors on Wall Street, the fact that the Dow was near 27,000 points last February and is still there today hasn’t been worrying. The massive drops last spring and in the [...]

Read more...
China keeps buying gold

China Buys Gold for 7th Straight Month

For the seventh consecutive month, the Chinese government announced that it has added to its gold holdings. The latest published figures are those from May, in which the Chinese government officially added 10 tons of the yellow metal to its reserves. While most analysts speculate that China’s official gold reserves and gold purchases are very likely higher than what is being reported, the official figures are all that we have to go by. The Chinese government remains keen on diversifying [...]

Read more...
gold is set to break out

Veteran Fund Manager: Every Investment Portfolio Needs Gold

When dealing with Wall Street investors you often have to understand that what they push their clients into investing isn’t always what they themselves would recommend. Due to the commission structure that accompanies stock and bond sales, many financial firms push their salesmen to recommend stocks and bonds to clients in order to capitalize on sale and redemption fees. The idea of investing in gold, which investors hold onto for the long haul, therefore never even pops up on [...]

Read more...
how-to-invest-ira-in-silver

How to Invest Your IRA in Silver

Silver has long played second fiddle to gold. Winners win a gold medal; runners-up get silver. Gold jewelry doesn’t tarnish; silver does. And gold is worth over $1,400 per ounce while silver just pushed above $15 an ounce again. But despite gold’s clear lead over silver, silver is becoming increasingly popular with investors. And one of the more popular ways to invest in silver is through a silver IRA. A silver IRA works just the same as a traditional IRA, [...]

Read more...

Self-Directed IRAs: You Can Buy a House, But Should You?

The biggest question that most people have when saving for retirement is what assets they should invest in to maximize their investment growth. For most people that ends up being stocks. Many will try to diversify their assets by holding a mix of stocks, bonds, mutual funds, CDs, and other financial investments. But in almost all cases investors will stick to a plain vanilla mix of assets that doesn’t differ much from most other people’s investments. The reality is that [...]

Read more...