The Biden years are here. And as much deficit spending as we’ve seen over the last 12-plus months and as low as interest rates have been for so long now, there seems an excellent chance the high-spending, low-rate environment may only intensify from here courtesy of the president’s ambitious agenda.
It may be too soon to tell if the Biden years will prove to be a boon to precious metals. That said, it appears much of what the president is planning for the nation in the way of economic priorities are just the sorts of initiatives that could prompt many savers to take a long […]
It’s no secret that precious metals have enjoyed a relatively robust past couple of years… The latest run began in earnest toward the end of 2018, when concerns the contentious trade war between the U.S and China would have more profound effects than originally thought. Then, halfway through 2019, the Federal Reserve announced interest rates […]
For a long time now, precious metals have been considered alternative assets – assets that exist outside the realm of those bought and sold through traditional financial institutions such as banks and brokerages. For me, one of the great ironies in viewing assets like precious metals and real property as “alternative” has to do with […]
In the face of both general economic uncertainty and specific fiscal and monetary policy initiatives that potentially threaten the stability of the dollar, interest in physical precious metals among American savers remains strong. As the pandemic’s economic fallout was quickly spreading last summer, the New York Times detailed survey results that said roughly half of […]
There’s no disputing that both gold and silver posted impressive performances in 2020. As financial markets spent the balance of the year working to recover from the springtime pandemic shellacking, precious metals marched to the beat of their own drummer and climbed solidly higher. The drummer, in this case, appears to have been both the […]
Despite nearly three months of trading sideways, gold’s prospects continue to look excellent. The overall upward trend in gold began in March 2019 when the Federal Reserve announced interest rates would be headed back down. The announcement was about more than the mere next step for interest rates. It was a declaration the economy remained […]