At the United States Gold Bureau, we understand that each investor is unique in his or her financial situation.
But why Gold? Why would an individual or government want to hold Gold as a safety net for troubled times? You cannot eat Gold, in the same way you cannot eat currency, nor a stack of Treasury Bills. But Gold can help make sure you can eat later. Or in the case of government, can help ensure you can purchase whatever goods and services your populace may need later.
The long term economic effects of the coronavirus lockdowns could last for months, if not years, and the counter-intuitive occasional brief recoveries in the general equities markets could morph into huge falls in stock prices over many months. If equities look to be potentially in freefall this could well lead to a surge in some precious metals prices once the realization begins to sink in.
While we’ve touched on the industrial uses of gold and silver before on the blog, we wanted to revisit the topic and expand our understanding.
Gold seems to be breaking away from that which has held it back for years - namely, it’s lighter, paper cousin.
With all the uproar in the world of finance, and the unbelievable steps being taken by policy makers to address multiple crises, one financial asset (Gold) is quietly doing it’s job.
Arguably one of the most defining features of the Gold American Buffalo is its title as the first 24-karat gold coin ever offered for public investment by the U.S. Mint.
As Coronavirus (COVID-19) continues to tighten its grip on societies around the globe, it seems that each day brings about a dizzying roster of headlines, ever more concerning forecasts on the outbreak’s impacts on human life, and unfortunately, an uptick in fraudulent schemes.
We have written before about how precious metals and certain types of annuities can help protect retirees against economic shocks like we are seeing today.
A great example of such a vehicle is investment-grade pieces like the forthcoming 2020 Gold American Eagle Proof series.