Tag Archives: federal reserve

Gold may or may not make you money, and it doesn’t pay dividends. But when there’s a currency crisis, gold has proven to protect your savings against losses. Such is the case right now in Russia, where the ruble has lost about half of its value. In this edition of the Market Report, Will Hart and Jake Kennedy explain exactly why gold is such a critical component of your portfolio for just this reason.

If you thought the Federal Reserve’s money printing and low interest rates were bad enough, you’re not going to believe the drastic step our politicians have pushed them to take. See how Washington’s short-term thinking may wreck the long-term stability of our savings.

Imagine if your bank began to charge you for the “privilege” of depositing your money with them. Would you still keep your cash in your account? This may sound like a surprising question to pose (and a no-brainer to answer) but the reality is that we may soon need to consider just that scenario. Find out the advice that big banks are starting to offer to some of their largest clients, and the changes that could soon be in store for all of us.

Every week, Your News to Know delivers you the latest news stories about the economy and the gold market. Stories this week include: The West jacks up gold prices by printing more paper money, more and more European nations say they want their gold back from the United States, and India eases gold import restrictions boosting wedding demand for the metal. Get all the details here.

Alan Greenspan surprised many Americans with his recent advice to stock up on gold. Although it’s rare to hear such advocacy for gold from a former Chairman of the Federal Reserve, Greenspan’s appreciation for gold is far from surprising. In this edition of the Market Report, hear what Will Hart and Jake Kennedy have to say about Greenspan and gold.