Friday, September 18, 2020
After several weeks of slow and steady climbing, stocks have finally shown vulnerability over the past week. Tech stocks in particular have taken a pretty sizeable beating; however, most of the big-name tech companies are still solidly in the black for the year. Nevertheless, some of the best performers this year are seeing massive selling […]
The story of the last month or so has been the rise in precious metals prices. Gold set record highs at more than $2,000 per ounce. And while not at record highs, silver was up over 60% for the year at one point. Whether talking about bullion, futures, or miners, pretty much any type of […]
We’re in the heart of earnings season, with some of the biggest companies in the world reporting this week. Yet, almost all the focus in the investment world is on gold and silver. After a long hiatus, it seems precious metals are back in the limelight. With the top Nasdaq-100 stocks like Apple (AAPL) and […]
For nearly two years, gold’s been on quite a run. In fact, the precious metal is getting close to an all-time high. That hasn’t happened in nearly a decade. Investing in gold is a tricky business. Historically it seems that gold likes to run one of two ways: it’s either very hot or very cold, […]
When uncertainty grips the market, investors often turn to precious metals for safety. Well, at least they used to. These days, most of the action in precious metals is in gold. The price of gold has climbed nearly 19% in 2020 to date. Silver has been okay, up 4% so far this year. Platinum, on […]
Precious metals are generally used as defensive assets in times of uncertainty. This has certainly been true of gold in recent weeks. Now, it looks like silver may finally be joining the party. Silver prices jumped last week, with the iShares Silver Trust (SLV) moving up 5% in one day. With $7 billion in assets, […]
I recently interviewed Chuck Butler; what is going on and what can regular working-class people do to protect themselves financially? Mainstream Americans work hard to provide for their family and save money so they are not a burden on their family in their old age. It’s crime when government policies, using the excuse of a crisis, can […]
Investors are on the hunt for bargain stocks with Congress reaching a deal on a $2 trillion stimulus package to fight the economic damage done by COVID-19. For instance, on the day the stimulus package seemed likely to pass, the S&P 500 index shot up over 9%. That same day, gold futures soared, up nearly […]
The financial markets are in high volatility mode as the fears of the coronavirus and the ensuing actions by the government are driving huge price swings. We’ve gone from some of our biggest down days in history (in terms of points, not percentages) to one our biggest up days ever, to back down again. To […]
When the stock market does its best impression of a swan dive, it tends to come from an unexpected catalyst. It’s generally not something about interest rates or corporate earnings or jobless numbers. Those factors matter over time, but they don’t usually cause sudden, severe moves in the market. No, very large selloffs often come […]
