precious metals

Gold has been popular with the elite for millennia, going back to ancient Egyptian pharaohs. It has consistently held an allure for the wealthiest and most powerful people who existed. Today, many of the world's wealthiest individuals, such as Ray Dalio, John Paulson, Lord Jacob Rothschild and...

Gold prices have been on a rollercoaster ride since last week, with investors selling off their gold holdings in the wake of the abating fears over the U.S. banking crisis. Prices of the precious metal soared past the $2,000 level earlier this week, but fell 1.92% to $1,944 on Tuesday. Despite...

As the world watches with trepidation the recent string of bank runs, liquidity crises and outright failures sparked by the collapse of Silicon Valley Bank and Signature Bank, many are considering where this crisis will lead.  The global banking system is surely in hot-water at the moment, but...

In the wake of unprecedented short squeezes involving stocks like GameStop and AMC in early 2021, a group of retail investors from the Reddit forum r/WallStreetBets (and the spinoff called r/WallStreetSilver) set their sights on the silver market, attempting to challenge Wall Street giants with a...

The recent failures of Silicon Valley Bank and Signature Bank, two of the largest banks in the United States, piled on top of existing crises like inflation and the war in Ukraine, have raised concerns about the stability of the global financial system. As investors search for ways to protect their...

Global financial markets started to panic last week after Silicon Valley Bank — SVB Financial Group (NASDAQ: SIVB) — the 16th largest bank in the U.S. with over $200 billion in assets under management, collapsed on Friday, March 10, 2023. It was the second-largest bank in history to...

Gold is famous for its rarity and that likely won’t change any time soon. In fact, the global demand for gold hit a decade peak in 2022 while its supply continues its nearly 7-year plateau. So gold is in high demand, but will it run out any time soon?  The Earth has a limited amount of...

Global gold demand rocketed to a new decade high in 2022 and it wasn’t retail buyers or investment firms driving the increase. It was the central banks. According to a report by the World Gold Council (WGC), central banks purchased the most gold since 1950 in 2022. It revealed that central...

Did you know that investing in enough gold in the U.S. was illegal, punished by major fines and up to 10 years in jail! In 1933, President Franklin D. Roosevelt signed an extreme executive order to try to save the economy that changed gold and precious metals investing forever. It forced the...

The ultra-rich often have their own investment strategies and preferences that differ from those of everyday investors. This is often because they are only feasible or profitable at an exorbitant scale. However, this isn’t always the case. There is one investment that almost all of them share...

Compared to other precious metals, Platinum is relatively rare. In fact, it’s mainly mined in South Africa and Russia. However, there are two main events that will cause Platinum to become more rare, resulting in its price to skyrocket! South Africa In Crisis Currently, South Africa is...

Platinum is an underrated precious metal compared to silver and gold. While it’s lesser known, it has been used since 700 B.C. Platinum is even rarer than other common precious metals like silver and is primarily mined in Russia and South Africa. This explains why it’s trading at $946...

With high inflation and the threat of increasing taxes, precious metal IRAs have become more popular. They’re a simple way to hedge against inflation, market crashes while still maintaining the tax benefits that IRAs can provide. If you want tax free growth, you can set up a Roth IRA. However...

When cryptocurrencies first started gaining the attention of mainstream investors in early 2017, a number of crypto pundits were quick to claim that they could act as an effective hedge against inflation. Citing the limited token supply of cryptocurrencies like Bitcoin (CRYPTO: BTC) as the chief...

Thanks to technology, there are many ways to invest in gold, like buying ETFs. Gold and other precious metals ETFs level the playing field for newer investors. It might be more convenient and cost effective to buy these ETFs, but here are 2 reasons why some investors prefer physical gold vs. an ETF...