Bitcoin and Ethereum are the top two cryptocurrencies in the world. Over the past month, their price has risen dramatically, creating a great deal of buzz in investment circles. What does this mean to those who own gold and silver? The increased activity surrounding these two bellwether cryptocurrencies indicates a …
Two Noteworthy Developments Related to Gold
The Fed Talks Interest Rates This week, the Federal Open Market Committee released minutes from their May meeting. Some speculated the minutes would indicate that the Fed was reconsidering hiking rates in June. This thinking created downward pressure on the US dollar. However, the minutes offered little to support that …
Do We Really Want all this Tech? Gold as a Bridge to Reality
Artificial intelligence. Robo advisors. Trustless ledgers. Sounds like a world where humans aren’t responsible for doing much. Is this future world really coming? In some form, yes. All of these technologies are rapidly emerging, and the three mentioned are converging in the investment space at a rapid clip. Investment decisions …
Gold Will Always Shine in our Complex World
Gold continues to show just how important of a role it plays in today’s complex, modern, global, geopolitical, and financial world. After reaching a high near $1,300 per ounce last month, it retraced some of those gains, falling back to near $1,200 last week. A slight ease in the war …
Removing “Friction” in Financial Services
With the boom in FinTech, there are many new buzzwords entering the dialogue that describe the future of money and banking. One of those words is “friction.” Just what is this friction? Broadly defined, financial system friction is anything that impedes the process of accessing financial assets (money/investments) or services …
Can Financial Technology Put Gold Into the Hands of the World’s Poor?
Yes. It can. There are thousands of new applications that companies are applying DLT (Distributed Ledger Technology) to. They range from smart contracts that hold government officials accountable, to digitizing ownership of almost everything that has value in the economy. Of all of those applications, one of the most exciting …
Dollar Cost Averaging – Gold and Silver Ownership on Autopilot
Increasingly, people are taking control of at least a portion of their investments. New financial technologies are making this easier than ever before. While improving access to traditional and alternative assets is a good thing, you still need a strategy on how to accumulate and manage your investments. Dollar cost …