Category: Category: Investing
Time to ‘Reset’ Your Investment Portfolio in 2021?

World Economic Forum chairman Klaus Schwab vows, “a renewed focus on public health and resilience, net-zero pledges and the arrival of Stakeholder Capitalism Metrics—all but ensure that 2021 will be a new ‘Year Zero.’” If global elites have their way, 2021 will be the year of the “Great Reset.” They believe now, after the coronavirus and lockdown policies have inflicted a heavy toll on the public, is the perfect opportunity to implement their technocratic vision. Their longstanding plans to transform economies in the name of various “sustainability” and “equity” goals are being aggressively implemented. The reset that is coming may not necessarily be the one that globalist central planners are trying […]
Pension Funds Start Looking to Gold to Avert Disaster

Public and private pension plans face a dual crisis. The first and most obvious threat to pensioners is that defined-benefit vehicles are severely underfunded. By one estimate, pension systems taken as a whole are $638 billion in the red. Some are in better shape financially than others. But all pension plans will have to reckon with a second huge challenge going forward. Namely, they are already entirely unable to meet their stated return objectives by owning conventional “safe” interest-bearing instruments such as Treasury bonds. Fed Declares War on Savers The Federal Reserve has effectively declared war on savers by vowing to hold short-term interest rates near zero, likely for years […]
Gold ETF Holdings Surge… But Do They Actually Hold Gold?

Gold-linked exchange-traded products are growing in popularity with investors. Assets held by gold ETFs have grown 38% globally in 2019. In October, according to the World Gold Council, gold ETFs attracted $1.9 billion in net inflows to reach a new record high total gold holding of 2,900 tonnes – at least on paper. There is good reason to be skeptical of whether all these “gold” vehicles actually hold physical metal sufficient to back their market capitalizations on a 1:1 basis. Some of them very well might; others almost certainly don’t. In fact, many of these gold instruments hold futures contracts and other financial derivative products that merely “track” the gold […]
Michael Pento Warns: Stock Market May Go Off the Cliff, Stagflation Like Never Before

“It’s Beyond the Twilight Zone to Have $13 Trillion in Debt with a Negative Yield” Your browser does not support the podcast player element. DOWNLOAD MP3 Mike Gleason: It is my privilege now to welcome back Micheal Pento, President and Founder of Pento Portfolio Strategies. Michael’s a well-known money manager and a terrific market commentator and author of the book The Coming Bond Market Collapse: How to Survive the Demise of the U.S. Debt Market. He’s a regular guest right here on the Money Metals Podcast and we always love having him on. Michael, thanks for the time again today and welcome back. Michael Pento: Great to be back on your program. Mike Gleason: Well […]
What is a Gold IRA?
A Gold IRA is a type of retirement account by which physical gold or other precious metals are held in custody for the benefit of the IRA account owner. It works like a regular IRA but instead of using paper assets, The IRA holds bullions and coins. So basically, Gold IRA is a type of investment vehicle used to save for retirement by buying or holding gold bullions and other approved precious metals. with your traditional or Roth IRA, you stash your savings in the form of stocks, bonds or mutual funds. In a Gold IRA, you use precious metals. You can also own many other precious metals aside from […]
China Takes the Long View on Gold-Silver… and So Should You

A cursory look at Chinese history can convince you that China should not be underestimated when it sets its sights on a particular goal. Even before Mao Zedong took over the reins in 1949, and the first Five Year Plan began in 1953, centuries of history demonstrated that long-term planning, while not always meeting expectations, is a core behavioral trait of the Chinese psyche. And more often than not, it has enabled them to hit the mark. Expect eventual success for the One Belt, One Road Initiative – the world’s largest construction project, estimated to cost $80 trillion dollars – linking the Asian mainland, (including Central Asia) with Europe via […]
New Warnings on Risky “Self Storage” Gold & Silver IRAs

Bullion investors buy gold and silver as a matter of self-reliance. Physical metals aren’t dependent upon the promises of financial institutions, governments, or other third parties. This lack of counterparty risk makes precious metals quite different from most conventional assets. There is no possibility of a default or mismanagement which renders them worthless. That is a lot more than can be said of securities such as stocks and bonds. Recently a few firms promoting “self-storage” precious metals IRAs have been trying to exploit the self-reliance streak running through bullion investors in a manner that could cause significant harm. These firms offer a scheme to circumvent IRS rules which require IRA […]
Considering Switching Your IRA – Make Sure You Do It Properly Or It Could Be An Expensive Decision

The fact that you are reading this post shows that you are a focused individual who cares about their retirement. This may seem like a strange comment to make, but the vast majority of workers simply pay in money to their retirement accounts and let their chosen company manage the investment. In our opinion, this is a bad idea, even if your chosen company is doing an excellent job at the end of the day that money is still your retirement pot, and nobody else will care as much about it as you do. With the recent volatility in the stock market, many people have been contemplating switching at least […]
Gold “Trumps” Dollar amid geopolitical concerns
Gold is always considered as a safe haven by investors when compared to other investments like stocks, bonds, and currencies. Extending its recent upward trend, Gold prices have gained 6.5% year-to-date with Spot gold price reaching its five-month closing high of $1,288.50 an ounce. Due to the recent geopolitical concerns and uncertainty prevailing in the US economic policy under Trump administration, precious metals are seeing a revival in demand amidst investors. Spot Gold price was expected to reach up to $1300 as it surged intra-day to $1297. Also, the dollar index consolidated losses and fell below its key 101 level to reach 99.499 as of 18th April 2017. Fed Chair […]