Monday , July 13 2020
Home / Tag Archives: Investing (page 20)

Tag Archives: Investing

Brits Deal With Brexit Uncertainty By Hoarding Gold

As uncertainty swirls around Brexit and exactly what that will mean for the economy, Brits have been hoarding gold.According to a statement by The Royal Mint, the demand for gold bars and gold coins spiked in December as uncertainty about the UK’s exit from the EU grew.We have seen a significant increase in demand for gold this month and at the end of last year, a trend which we have no doubt is largely attributed to Brexit turmoil and subsequent market volatility.”According to the mint,...

Read More »

Peter Schiff: Gold Is Going to Shine in 2019 (Video)

Peter Schiff has said it’s not that we have a “volatile” economy right now. We have a bubble economy, and we are at the beginning of a much bigger crisis than we went through in 2008. Peter continued with this theme on a recent appearance on Kitco News with Daniela Cambone noting that things are setting up for gold to shine in 2019. As far as the yo-yoing stock market?It’s just the air coming out of the bubble. That’s the volatility,” Peter said.Initially, the bubble was inflating and...

Read More »

What’s Up With Fed Chair Jerome Powell? Friday Gold Wrap 1.11.19

The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on iTunes.Attention focused back on the Federal Reserve this week with the release of the minutes from December’s FOMC meeting and a couple of speeches by Fed Chair Jerome Powell. All of a sudden, the central bank has gone wobbly on hiking interest rates. Peter Schiff called Powell’s new direction...

Read More »

Global Gold-Backed ETF Holdings Top $100 Billion for First Time in Six Years

Total holdings in global gold-backed ETFs finished above $100 billion in 2018, according to the latest data by the World Gold Council. It’s the first time ETF total gold holdings have eclipsed the $100 billion mark since 2012.Globally, ETFs added 69 tons of gold in 2018, bringing total holdings to 2,440 tons valued at $100.6 billion.Inflows into European-based funds drove global growth last year. According to the WGC, funds based in Europe added 96.8 tons of gold in 2018, a 10%...

Read More »

Gold Outperformed S&P 500 in 2018

2018 ended up as the worst year for US stocks in a decade. And last month ranked as the worst December on Wall Street since 1938. But if you owned gold, things weren’t quite as painful for you as they were for investors without any of the yellow metal. While stocks sagged, gold rallied.In fact, gold outperformed the S&P 500 in December, through the fourth quarter, and over the entire year.Fears sparked by the trade war, ballooning debt, the end of accommodative central bank policy and...

Read More »

Fun on Friday: How to Win the New Year’s Resolution Game

You know how to win the New Year’s resolutions game?Don’t make any.It’s as simple as that. As the saying goes, don’t make promises you can’t keep. Don’t write checks your willpower can’t cash. Don’t overplay your hand.This strategy has certainly worked for me.Here we are four days into 2019 and I haven’t broken one New Year’s resolution. Notta one!You’re welcome! I’m happy to serve as your shining example.Look. I could go through the motions. I could commit to quit eating donuts in 2019....

Read More »

Gold Wins 2018 and Fatal Conceit: Friday Gold Wrap 1.4.19

The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on iTunes.For most of last year, we heard everybody from Donald Trump to the talking heads on CNBC gushing about the booming stock market. That is until it started to tank last fall. Meanwhile, gold and silver sat over in the corner alone, pretty much ignored by the mainstream. But did you realize that gold...

Read More »

Looking Back; Moving Ahead: Friday Gold Wrap 12.28.18

The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on iTunes.It’s the last Friday Gold Wrap of 2018. In the spirit of the season, Mike Maharrey looks back over the last year and speculates a little about what might be around the corner in 2019. He also covers some of the week’s news, including the rollercoaster stock market ride and the so-called government...

Read More »

Leveraged Loan Market Comes Unglued

As put it, the $1.3 billion leveraged loan market has come unglued.“Leveraged loans” are made to firms already deeply in debt. Think subprime loans for corporations. As with any risky loan, they could be difficult to either collect or resell in a downturn, putting both the borrower and lender at risk.According to the S&P/LSTA Leveraged Loan Index, the total leveraged loan market has doubled since 2008 and has grown by about 17% this year alone. A record 59% of these loan rate B+ or...

Read More »

Daddy Is Still Taking the Punch Bowl Away: Friday Gold Wrap 12.21.18

The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on iTunes.The Federal Reserve dominated the business news cycle this week. Investors thought maybe Daddy Powell would let the party keep going, but it looks like he’s still planning on taking the punch bowl away. In this episode of the Friday Gold Wrap, host Mike Maharrey talks about the Fed’s decision to...

Read More »