by Tim Schmidt | Nov 17, 2020 | Economy
Given the enormity of the public health and economic crisis posed by the pandemic, it’s reasonable to think the imminent arrival of a vaccine represents nothing but good news.But some economists are lining up to say the economic fallout from the pandemic will not...
by Tim Schmidt | Nov 12, 2020 | Uncategorized
Cases of novel coronavirusare on the rise – in a big way. Is this the “second wave” that so many health experts had feared? Or is it “merely” the revitalized trajectory of a first wave that was nevereradicated? It doesn’t matter. Any new way of looking at the highly...
by Tim Schmidt | Nov 4, 2020 | Precious Metals Investing
One of the ways in which gold and silver have been marketed traditionally is as crisis assets. The implication of a crisis asset is that it is of little to no value unless crisis conditions are in play. One clear example of a crisis condition during which precious...
by Tim Schmidt | Oct 26, 2020 | Economy
The first time we were introduced to the controversial Federal Reserve policy of quantitative easing (QE) was during the 2008 financial crisis. QE returned with a vengeance this year when the COVID-19 outbreak seemed to a reach a point of no return. In the latter part...
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...
