Gold
Could Gold and Silver Become Currency in Florida?
Efforts are underway to explore using gold and silver as legal tender in Florida. Interest in these precious metals is growing, with some suggesting they could serve as an alternative to traditional currency. There’s a discussion about whether these metals can provide a stable alternative to the dollar. This initiative is part of a larger…
Read MoreGold IRA: Smart Investment Strategies for Your Retirement
Many investors aim to shield their portfolios from significant losses, recognizing that preserving what they have is as crucial as gaining more. A gold IRA has been a long-standing means of wealth protection. As a haven during market downturns, gold offers security and stability. This precious metal can also diversify a portfolio, reducing exposure to…
Read MoreWhat Do They Mean When They Say Gold Is a Tier 1 Asset?
Gold has always been significant in finance, often seen as a safe haven during economic uncertainty. Recently, it has taken on an even more critical role as a tier 1 asset, meaning it is considered a top-tier financial reserve for banks, used to strengthen their balance sheets. This classification gives banks more flexibility, as gold…
Read MoreIs the Arizona Goldback Next? Exploring Its Potential Impact
Could Arizona be the next state to adopt the Goldback? All signs suggest that Arizona is a strong candidate for the next Goldback series. It ranks 8th in the 2024 Sound Money Index and doesn’t impose a retail tax on gold or silver. These factors make it financially attractive to introduce the Arizona Goldback. Arizona’s…
Read MoreIs The Texas Goldback Next?
Texas is no stranger to discussions about sound money, making the state a potential candidate for a Texas Goldback adoption. Texas ranks high in the Sound Money Index, suggesting it could soon join the list of states with Goldbacks. While Senate Bill SB1558 hasn’t yet passed, it shows that Texas is actively exploring options to…
Read MoreThe Florida Goldback – Is It Next?
UPDATE 10/17/24: IT’S HERE! The Florida Goldback 2025 Join our Florida Goldback Waiting List, and we will contact you when they are in our inventory! The intriguing possibility of Florida becoming the next state to adopt the Goldback is capturing the attention of investors and collectors alike. Florida is poised to join the…
Read MoreIn a World of Fiat Currency Inflation; Save Gold, Not Cash
In a world where fiat currency is prone to inflation, saving in gold bullion offers a more stable and reliable option than keeping cash. Fiat money, declared legal tender by governments, isn’t backed by a physical commodity, making it vulnerable to inflation. For instance, the average inflation rate in the United States has fluctuated significantly,…
Read MoreGold in Recession: A Stable Investment Strategy
Gold often acts as a refuge during times of economic uncertainty. In the face of a recession, people look for secure investments to protect their wealth. Gold tends to increase in value during recessions, making it a preferred hedge against economic downturns. This trend has been observed in various recessions, including the Great Recession, when…
Read MoreUnderstanding the Market Cycles of Gold and Silver
Gold and silver have long held a significant place in the financial world. Their market cycles often reflect broader economic trends, impacting everything from stock markets to inflation rates. Understanding the cycles of gold and silver can help investors make informed decisions and potentially maximize their returns. Over the past few decades, gold cycles have…
Read MoreGold’s Rebirth: The Basel III Bank Accords
Gold’s role in the financial world has always fascinated investors and bankers alike. With the new Basel III Bank Accords, gold is taking center stage again as an important asset for financial institutions. The most significant change is that Basel III regulations treat gold held in vaults as a zero-risk asset, a status previously reserved…
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