Tag: Gold

Gold And Silver Ups And Downs – Why Is This Happening?

| July 28, 2020 | 0 Comments
Gold And Silver Ups And Downs – Why Is This Happening?

Gold and Silver Prices This week, gold and silver continue to make sweeping historical moves. On one hand, the gold price broke through first $1850, then $1900 within two days. On the other hand, the silver price exceeded $20 on July 20th, then saw $21, $22, and $23 in the following days. Although the silver price doesn’t seem much […]

Continue Reading

Starting A Buillion Portfolio: Rounds, Coins, And Bars

Starting A Buillion Portfolio: Rounds, Coins, And Bars

Right at the start of the coronavirus pandemic in the US, many investors jumped ship from the stock market and swam to physical ownership of precious metals. Therefore, since March 2020, the gold spot price climbed past $1700 when it was only about $1560 at the very end of February. Today, silver, platinum, and palladium are all on the […]

Continue Reading

9 Gold Stocks To Stave Off Coronavirus-Induced Volatility

9 Gold Stocks To Stave Off Coronavirus-Induced Volatility

There’s no quarantining gold fever [Editor’s note: “9 Gold Stocks to Stave Off Coronavirus-Induced Volatility” is regularly updated to include the most relevant information available.] As the Bureau of Labor Statistics recently revealed, a shocking 20.5 million Americans have lost their jobs, translating to a depression-level 14.7% unemployment rate. Therefore, the idea of a quick, V-shaped […]

Continue Reading

Gold Price Outlook For 2020: Continuation Of The Bull Market

| January 31, 2020 | 0 Comments
Gold Price Outlook For 2020: Continuation Of The Bull Market

Last year was a strong year for gold price as concerns about economic strength permeated the markets much of the year. It looks like the gold price outlook for 2020 calls for more of the same — despite signs of economic strength. Other factors like central bank buying and global debt are expected to drive prices for […]

Continue Reading

My Big Bitcoin Mistake…

| December 18, 2019 | 0 Comments
My Big Bitcoin Mistake…

Friends,  Just over a year ago, I started buying Bitcoin.   Yes, I went out on a limb and bought some, and a few other digital currencies too. What was my mistake?  A friend told me to buy Bitcoin four years earlier.  I thought I was too smart for that… I thought it was a flash […]

Continue Reading

Silver Prices Pop After Recent Fed Statement

| December 13, 2019 | 0 Comments
Silver Prices Pop After Recent Fed Statement

After last week’s outstanding employment figures, investors expected a fairly dull FOMC release yesterday. After all, what more is there to say other than “gee, things seem to be going well, so we’re going to wait for a while before we do anything.” And that’s what we got.  The FOMC statement said current monetary policy is […]

Continue Reading

Oilmageddon And The Global Economy

Oilmageddon And The Global Economy

I grew up on the Gulf Coast, beginning in Florida, then over to Texas, then part way back to Louisiana. We weren’t testing beaches, we were following boats. My stepfather joined our family when I was quite young, essentially becoming my parent. He took a job on a shrimp boat in the Florida panhandle and […]

Continue Reading

4 Tips To Consider For Financial Security During Retirement

| November 1, 2019 | 0 Comments
4 Tips To Consider For Financial Security During Retirement

Retirement planning should start today because when the time comes that you can’t work like you used to, your finances are going to change a lot. You might have questions such as what your end retirement savings goal should look like, the kind of investments that would help you reach that goal, what kind of […]

Continue Reading

Gold Soars On The Saudi Oil Attacks: Can It Last?

| September 18, 2019 | 0 Comments
Gold Soars On The Saudi Oil Attacks: Can It Last?

Over the weekend, there was a drone attack against the world’s largest oil processing facility and a major oilfield in Saudi Arabia. Oil prices have predictably spiked, but how will this geopolitical shock affect the gold market in the days ahead? What Happened? On Saturday, the drone bombings struck the Abqaiq oil-processing plant and the Khurais oil […]

Continue Reading

Is Gold Destined For Summer Doldrums In 2019?

| July 12, 2019 | 0 Comments
Is Gold Destined For Summer Doldrums In 2019?

Every summer, gold traders tremble in fear of “the summer doldrums”.  Newcomers to the gold scene might be asking whether the summer doldrums are a real thing?  While old-timers might ask: “Does it look like we’ll get those this year?” Here’s a 1-year chart of GLD – guess for yourself on each question, then your […]

Continue Reading