Gold purchases by Central Banks and other institutions have increased by a whopping 68% year-over-year from 1Q2018. Here are 4 reasons why central banks are in a gold-buying frenzy.
The first quarter of 2019 saw a 7% increase in global gold demand compared to the previous year. See what this could mean for gold in the coming months in this week’s News to Know.
On Tuesday, POTUS called for the Fed to cut rates amongst other requests. The Federal Reserve decided to stay steady, but there may still be some policy “reinvention” in the future.
Effective January of this year, Social Security benefits will get a raise of 2.8%. This cost-of-living-adjustment sounds good, but real inflation will take a huge bite out of your Social Security check.
The U.S. dollar’s status as reserve currency is dipping to levels not seen since 2013. If the dollar keeps dropping, it could severely impact purchasing power and possibly drive inflation out of control.
According to the Fed, inflation appears to be under control. But their target may be off, which means we could have inflation levels seen during the 1980s once again.
The Federal Reserve is in no hurry to raise rates. But this “wait-and-see” approach could let inflation run hot, causing rate hikes to boil over.
Saving for retirement is important, but even if you have a decent sized nest-egg, your retirement is in jeopardy. Here are 3 retirement “time bombs” and how to prepare your portfolio from taking a huge hit.
Precious metals analyst Boris Mikanikrezai advises Americans to not look too deep into gold’s recent dip. See why he says the metal’s dip is temporary in this week’s News to Know.
Forbes’ Rainer Michael Preiss sees multiple factors in the U.S. that are shining a spotlight on gold as safe money. See what’s causing gold’s bullish turnaround in this week’s News to Know.
