Gold
How Will Trump’s Tariffs Affect Inflation and Gold and Silver Prices
The announcement of tariffs by former President Trump raises significant questions about economic impacts, especially on inflation and the prices of gold and silver. Tariffs could increase inflation by raising prices of imports, affecting both consumers and businesses. As the value of currency shifts with inflation, investors often turn to safe havens like gold and…
Read MoreThe Florida Goldback is Here
The Florida Goldback is finally here, marking a significant expansion in the Goldback Series. This unique currency will launch in 2025, joining other states like Utah and New Hampshire. The Florida Goldback will introduce the largest denomination ever produced, with the 100 Goldback containing 1/10 troy oz of actual gold bullion. Each Goldback denomination offers…
Read MoreCould 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…
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