by Tim Schmidt | Oct 20, 2020 | Uncategorized
The third quarter recovery we were told would signal the end of the threat to our economy showed promise. But it appears that recovery already may be waning. During the worst of the pandemic-cued job-shedding, 23 million American jobs were lost. From May through...
by Tim Schmidt | Oct 13, 2020 | Side Hustles
As I’ve noted recently, the prospects for gold remain excellent. The yellow metal has demonstrated sustained strength since it became apparent in early 2019 that the economy remained fragile even after a decade of generous monetary policy. That overall pattern of...
by Tim Schmidt | Oct 6, 2020 | Stock Market
Both precious metals and equities have stumbled recently. Oftentimes, pullbacks in asset classes that have been motoring along for a while can serve as good buying opportunities, as long as the underlying fundamentals remain supportive. Recently, Citigroup made news...
by Tim Schmidt | Sep 29, 2020 | Precious Metals Investing
Precious metals continue to struggle at regaining their footing after enjoying a positively supersonic April through July. The 30% surge enjoyed by gold during that time was stopped in its tracks with the arrival of August. During the last two months, gold has dropped...
by Tim Schmidt | Sep 21, 2020 | Precious Metals Investing
The broad, global move to precious metals continues. It’s so vast that some see it as a “great rotation,” one that suggests gold – and silver – will become every bit as mainstream as equities and debt securities for the foreseeable future. “Great rotation” is, in...
by Tim Schmidt | Sep 13, 2020 | Precious Metals Investing
If you’ve followed Warren Buffett for any length of time, you know about his reputation for being staunchly anti-gold. He regularly has taken pot shots at the metalover the years, once saying, “It doesn’t do anything but sit there and look at you.” However, the...
by Tim Schmidt | Sep 8, 2020 | Precious Metals Investing
Anyone who’s been paying attention knows that gold and silver have been stumbling a bit lately. Not badly, but once they hit August, the metals stopped surging the way they did April through July. (I spoke about the correction in this recent update.) Despite the...
by Tim Schmidt | Sep 2, 2020 | Precious Metals Investing
Not long after the new year began, the novel coronavirus outbreak that first seemed relatively inconsequential became a full-blown pandemic. As it did, the U.S. economy took a stunning gut punch. In practically no time, the U.S. unemployment rate reached its highest...
by Tim Schmidt | Aug 25, 2020 | Precious Metals Investing
Gold is registering a far more measured performance in August thus far. Thathas many owners – and prospective owners – of the metal wondering if the best days of the current precious metals bull market are over already. The concern is understandable. Gold has been...
by Tim Schmidt | Aug 18, 2020 | Precious Metals Investing
For all the buzz about promising vaccines and treatments, there currently is no end in sight to the COVID-19 pandemic. New infection numbers continue to grow at what seems like an exponential rate.And the economic fallout from the pandemic is every bit as significant...
