The Fed’s rate-hiking campaign has been the most aggressive since the 1980s, and it sparked some turmoil in the banking sector, the stock market, and the global economy during this period.
As the impact of the ongoing banking crisis begins to be felt at home, many Americans are shifting their priorities to protect their financial assets.
The shifting of and diversification of assets is likely continue at a rapid pace in the coming months as excess dollars and crypto funds are moved into hard assets like gold, silver, land, ammunition, firearms and stable food in the coming months as smart investors prepare for further economic hardship.
Gold has been an instrumental component of the economy since before the American Revolution. Our founding fathers had the forethought to include gold and silver coins in the Constitution. A metallic standard was a central foundation for the economy in the United States based on gold and silver coins. The US Mint was established on … Read moreBRICS: A New Global Gold Standard
Earlier this year the government of Zimbabwe released a one troy ounce gold coin as a tool for the Central Bank to help keep inflation under control. For many years the Zimbabwe economy has not only been the butt of many jokes, it has served as a very public example of how rampant and out … Read moreZimbabwe to Issue Gold Coins in New Weight and Currency Denominations
Last year was a banner year for Central Banks wanting to buy gold bars and silver. Recent reports from the Reserve Bank of India and other countries have shown that gold and silver continue to be a safe haven store of wealth in times of rising inflation. The central bank’s gold reserves jumped from 668.25 … Read moreCentral Banks Continue to Buy Gold throughout 2021