Investment/Retirement News

Pandemic direct affect on US and Global economy.

By My Private Bullion | March 24, 2020

Corona Virus direct affect on US and Global economy.

Is It The Beginning Of The End For The Stock Market Greed?

By My Private Bullion | February 28, 2020

Coronavirus is triggering big trouble in the U.S. stock market. If the coronavirus isn’t better contained in the days ahead, the stock market could continue to fall due to an increase in panic selling an already overextended stock market. Take a look at the chart below showing high rate of insider selling outpacing buying by…

Truths and Misconceptions About the Relationship of Gold and Interest Rates

By My Private Bullion | February 20, 2020

Truth: Gold prices are driven not by nominal rates (which are not adjusted for inflation), but by real interest rates (which are nominal rates adjusted for inflation). Misconception: No relation of – gold and the federal funds rate. Chart from 1993-2006 shows that while federal funds rate fluctuated, the gold stayed unrelated to its changes.…

Self-Directed IRA with Forex and FX Trading

By My Private Bullion | February 20, 2020

A Self-Directed IRA can accept Forex and trade in the forex market. Diversify your assets with an IRA that accepts Forex, Commodities and Gold – Self-Directed IRAs. You will not be paying taxes on forex trading gains until retirement. Basically, you’re able to day-trade tax-free and avoid paying taxes on forex trading gains until retirement…

Peter Schiff: Spiraling Toward Recession

By My Private Bullion | October 8, 2019

Last week, we got bad news in the manufacturing sector. The ISM index of national factory activity dropped to a 10-year low. It was the second straight month the number was below 50, which indicates a contraction in manufacturing. That news sent stock markets into a tailspin. This was followed up by a very week…

Platinum Giant Wants In on Batteries to Ease Electric Car Threat

By My Private Bullion | October 8, 2019

The world’s top platinum and palladium supplier has an answer to the electric-car boom that may pose a long-term threat to its biggest market: invent a new battery. Anglo American Platinum Ltd. wants to develop a lithium battery that uses platinum-group metals instead of cobalt and nickel. The aim is to create a new multi-billion…

A Great Opportunity to Stack Up on Gold

By My Private Bullion | October 25, 2016

Jim Rickards contact “Goldfinger,” a gold industry insider, first clued us into an important gold flow reversal happening. You might recall their live broadcast. In the months just before that meeting in Zurich with Goldfinger, over 170 tons of gold flowed back into London. Instead of coming out of London, into Switzerland, and then heading…

A Big Comeback For Gold

By My Private Bullion | September 25, 2016

Gold is set for a comeback six to 12 months from now, according to UBS. As long as the Federal Reserve sees no reason to raise interest rates in a hurry, gold should do well, according to strategists at the bank’s Chief Investment Office Wealth Management Research arm. They see gold prices climbing to $1,350…

Panic in the Street – the Story of Stolen Wealth

By My Private Bullion | October 6, 2015

We are entering panic mood month, known as Octoberphobia. Credit Suisse’s Global Risk Appetite index reached “panic” levels for the first time since January 2012. Stocks are going down. Why? Why are the markets not performing? On the one hand, the U.S. Federal Reserve desperately wants to raise interest rates to show that there’s been…

Bank of America Says: Markets Are in a ‘Twilight Zone’ and It’s Time to Hold More Cash and Gold

By My Private Bullion | June 2, 2015

In a note sent out this morning, Bank of America Merrill Lynch has a warning for investors: Investors remain trapped in “The Twilight Zone”, the transition period between the end of QE and the first rate hike by the Fed, the start of policy normalization…until (a) the US economy is unambiguously robust enough to allow…