Investment/Retirement News

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…