Inflation — or rather some of the effects of inflation, like rising prices — is a common theme among gold and silver enthusiasts. We often point to data and trends that show an increase in prices as a reason to invest in one or both metals. If you took a minute to go through our…
Metals Drop in Response to Shutdown
This morning’s gold, silver and other-precious-metals plummet is, at first blush, surprising. The typical response to government uncertainty is an increase in the price of safe haven investments, including metals. Instead, the government shutdown has precipitated a quick drop. So what’s going on? Gold and silver in particular are considered hedges against inflation. But with…
Fed Puts Tapering Plans On Hold
Precious metals had been dipping for days, but on Wednesday, commodities, stocks and bonds began to rally after the Federal Reserve’s decision to continue its $85 billion bond-buying program. With the economy improving slower than the Fed had hoped, policymakers voted to continue monthly purchases until progress of the economy could be sustained. Back in…
The New American Dream
A recent poll conducted by GFK Custom Research for Credit.com found something that precious metals investors already know–the new iteration of the “American Dream” has less to do with home ownership and a lot more to do with being financially secure. Owning a home clocked in at third place on the list of American Dreams:…
Jobs Report Shows Slow Steady Growth
Two markers of the job market clocked in today, and it looks like the Fed will be continuing their easy-money policies for a little while longer. The employment report calculated by Automatic Data Processing Inc. and Moody’s Analytics found that private-sector U.S. jobs increased by 188,000 in June, as reported by the Wall Street Journal….
Inflation Update – Beware of Misleading Government Statistics
Inflation is another one of those alarming, yet distinctly vague terms you’ve heard thrown around a lot in the last few years. Concerns about “rising prices” and the value of the U.S. dollar after all is what drove many of us to invest in gold and silver coins in the first place. Although “inflation” is…
