For the 79th time since 1960, the federal government has reached the debt ceiling.[1] The debt ceiling represents the legal limit – currently $31.4 trillion – on the amount of debt the government can accrue. Congress must vote to raise that legal limit. Raising the debt ceiling would allow the government to make good on …
Debt Ceiling Crisis: Precarious Foundation of Economy Read More »
When you say “precious metals” to someone, chances are excellent they’ll think of gold before silver. That can include retirement savers who are considering metals as a way to help minimize the impact of economic uncertainty on their accounts. However, retirement savers who look past silver in favor of gold when the precious metals bull …
Will Silver And Precious Metals Leave Gold Behind? Read More »
Precious metals are not renowned for their performance as long-term capital appreciation assets, historically. That said, there’s little denying that precious metals have acquitted themselves rather nicely since the beginning of the millennium. Economic data shows from January 2001 through the present day, the price of silver has climbed more than 400% while gold has …
Economic Data Already Is Pushing Precious Metals Higher in 2023 Read More »
Let the record show: Back in 2021, practically no one, it seems, foresaw the economy that ultimately came to pass in 2022. Not the level and persistence of inflation; not the severity of the interest-rate increases; and certainly not the resulting volatility that wiped tens of trillions from the real net worth of U.S. households …