Wednesday the Federal Reserve announced plans to continue drawing down their bond-buying activity, triggering a drop in precious metals markets, with gold closing at 1,341.30 per ounce and silver at $20.83 per ounce. The Fed has long intimated that leaders feel the economy is sufficiently improved that the organization no longer needs to prop up…
Ukraine-Russia Standoff Sends Gold Climbing
This weekend saw Russia move troops into parts of Ukraine, setting off global diplomatic conversations and making investors nervous. Gold stocks in particular saw a jump of more than one percent, reaching an intraday high of $1,354 an ounce, as traders sought a safe-haven. (Physical gold doesn’t seem to be quite as reactive yet.) It…
MyRA Accounts: A New Way to Save or Retirement Nationalization?
On January 28, President Obama delivered his annual State of the Union address to Congress and the American public. In the early days of the United States, the address was nothing more than a letter from the president to Congress about the current state of the union. Today, the address tends to focus on the…
For Love of Investing
In honor of Valentine’s Day, we wrote some poems in honor of our favorite products, investments and hobby. Share your stacker poem with us below! A Silverbug Valentine Roses are red, violets are blue, Candy is sweet, and I love you, But flowers will wilt and candy mildew Gimmie some silver or at least an…
Going For Gold: A Sprint Through History and the Olympic Medals
The 2014 Winter Olympics are in full swing, and the United States pulled off a strong start in medal count standings — along with the Netherlands, Norway, and our Canadian friends to the north. As of Monday, February 10, five Americans have taken medals (2 gold and 3 bronze), and there are still several anticipated…
Four Rubles, With Love
Russia is braced to accept athletes, commentators and fans from around the world for the 22nd Winter Olympics, drawing international attention to the massive country. This brought our attention to the ruble, Russia’s 500-year-old currency. The ruble has passed through four distinct stages over Russia’s long and turbulent history. Overview The ruble (also spelled rouble)…
