Precious Metals News

Is Inflation On Its Way Back?

There are several ways to define inflation. Investopedia defines it simply – as a “sustained increase in the price of goods and services.” Online you’ll find the definition, a “general increase in prices and fall in the purchasing value of money”.

And readers of classical economics literature will be familiar with this definition: “The concept of “too much money chasing too few goods”. These are all variations on a single theme, and in their own special way, each definition is correct.

But you won’t need a dictionary or the help of an economist if, while at the supermarket, you discover the same bag of groceries you paid a $100 for last year now costs you $125. You’ll especially realize you’ve been pummeled by inflation if your income this year has remained the same as it did last year.

While we’re not in the same boat as 2008 residents of Zimbabwe or current residents of Venezuela, we shouldn’t discount the possibility of a run-up in prices. Back in the 1950s, popular writers would refer to a slow, less detectable rate of inflation as “creeping,” and illustrators would frequently depict the phenomenon as a snake.

In my last blog posting, I suggested that President-elect Trump could very well introduce a more accelerated version of inflation if he remains true to his promises to lower taxes and spend billions on repairing the U.S. infrastructure. With more available dollars, in other words, we could easily wind up chasing fewer goods and services.

But we don’t need a presidential effort that ambitious to bring back at least some inflation. According to Fed Chair Janet Yellen, we’re already beginning to see some evidence of it. Back in May of this year, she told the Economic Club of New York she fully expected inflation to reach the Fed’s target rate of 2% by the end of the year.

More recently, Yellen suggested we’re on a track for modest inflation, and could expect the Fed to approve an interest-rate hike in December. Regardless of what the Fed decides to do next month, if you’ve been to the pump or the supermarket recently, it’s safe to assume we’re currently somewhere between the rate of inflation Yellen envisions and the one Trump could conceivably jump start. Our accelerating Consumer Price Index (CPI) bears this out.

The Investopedia piece we mentioned above suggests that a savvy investor should hedge a portfolio with “inflation-sensitive” investments like real estate and gold. We agree. With rare exception, real estate automatically moves up in price over time. And, as the value of the dollar erodes, the value of gold will automatically increase.

At Friday’s closing spot price of $1,175 per ounce, the yellow metal is strategically priced for a strong upside move. Markets have memory, and gold could easily return to its $1,350 level and beyond in the next several months.

For more information, call 800-777-6177 now, and ask to speak to a Fortress Gold Group representative.

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The Certainty of Uncertainty Ahead

If you had to pick only one word to characterize the current gold market, it should be volatility. And you have the election to thank for this volatility – or, more specifically, the Electoral College. On January 20, 2017, Republican Donald Trump will be sworn in as the 45th president of the United States on the basis of 279 electoral votes, nine more than the American system requires to win the election. His Democrat contender Hillary Clinton, on the other hand, wound up with 228.

But the volatility in financial markets has less to do with a 51-electoral-vote difference than it does with the anticipation of changes President-elect Trump is likely to introduce to our nation. He has pledged to overhaul, among other things, the Affordable Care Act, the country’s immigration policy, the U.S. tax code, and our international trade policies.

Asian markets dropped 5% on news of Trump’s ascendancy, and on Tuesday night – election night, the Dow Jones Industrial Average dropped 700 points, only to correct the following morning. According to Bloomberg, on November 9, the day after the election, more than 780,000 futures were traded by 2:30 PM.

This exceeds the volume traded this past June 24, after Britain decided to leave the European Union. Meanwhile, after spiking 5% to a six-week high of $1,337.40 per ounce, the shiny metal fell on the announcement of President-elect Trump’s victory, slipping today to a closing spot price of $1.258.00.

The fact that Trump was poised and calm in his acceptance speech, instead of strident and threatening, helped quiet down markets and boost the dollar. For now, at least, Trump cast doubt on whether the Federal Reserve will actually proceed with an interest-rate hike in December.

Trump has previously suggested that Fed Chair Janet Yellen has suppressed interest rates. He’s also hinted at the possibility that he might replace Yellen. And, understandably, there’s talk around Washington that she might resign.

Here at Fortress Gold Group, we feel this is an excellent time to invest in physical gold. The yellow metal thrives in times like this – times of political uncertainty when investors dash to a safe haven. Once Trump is inaugurated and launches even one of his controversial programs, the chances are market volatility will continue – in stocks and commodities in general, and in gold in particular.

Although stocks have quieted down, they stand to become more volatile very soon. Your retirement funds could be at risk. Why not diversify your portfolio with a solid investment in a tangible asset?

For more information, call 800-777-6177 now, and ask to speak to a Fortress Gold Group representative.

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What Are Alternative Assets?

alternative
The sooner you start looking into saving and investing for your retirement, the better. If you have already started, you’ve likely heard about the importance of diversification.
 
One of the best ways to diversify and protect your retirement fund against the unpredictable whims of the market, is by investing in alternative assets. What are alternative assets? They are value products that diverge from the traditional financial assets like cash, stocks and bonds. These assets have value that is not directly tied to financial markets, and they, therefore, can retain or even gain value when those traditional products falter.
 
Why Invest in Alternative Assets?
 
The reason you are told to diversify is the classic maxim against “putting all your eggs in one basket.” If you put all your money into one company and that one company goes out of business, you have a big problem. Even if you spread your money across several companies, as you might do with a traditional stock portfolio, you could still see a serious dip in your retirement nest egg if the market as a whole is down.
 
In today’s climate, with economies failing all over the world and an overwhelming national debt, it’s quite easy to see why alternative solutions are so important if you’re looking to protect your future.
 
What Are Some Alternative Assets to Consider?
 
The most obvious and possibly the best alternative asset is gold and other precious metals. This is why Fortress Gold Group has specialized in gold and gold investing for years. Gold is an alternative asset because its value is not tied to any particular currency or company. Its value is simply based on how much people want it, which is why its value often rises in times of economic uncertainty — when people want something of tangible value to hang on to.
 
Of course, unlike stocks or bonds, the value of gold cannot drop to zero. Your gold will never simply disappear the way stocks or bonds can if the underlying company fails.
 
As appealing as gold is, too, it is not the only alternative asset out there — nor are silver, platinum or other precious metals, which are all good investments. The fact is that almost anything of value that can be purchased in significant quantities may potentially be an alternative asset if its value is not directly dependent on a traditional currency or market. For example, Fortress Gold Group has attained regulatory approval to create the first ever Bitcoin IRA, allowing you to diversify your retirement savings to cryptocurrency, a digital currency that isn’t dependent upon hard currency. Many think it is the wave of the future.
 
Alternative Assets and Your Future
 
Remember, while precious metals can be a great investment in your future, diversification means spreading out your assets. An alternative IRA, like Bitcoin and gold is a great way safeguard your retirement. Fortress Gold Group, a leader in gold and precious metals IRAs, is now pioneering innovative, self-directed IRA strategies to give you the widest array of options when it comes to your retirement savings.
 
If you’re interested in moving into the future into an alternative IRA managed by experts, Fortress Gold Group is ready to take that step with you. Call us today at 1-800-777-6177 or CLICK HERE NOW for a FREE guide.

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Gold: The Indispensable Component of Your Retirement

economic downfall
Gold is the world’s premier safe-haven asset. It is the one commodity that everybody flocks to when equities sour. It shines brightest when geopolitical uncertainty and economic turbulence is most volatile. For many investors, gold is an indispensable component of their financial portfolio. In fact, financial analysts are of the opinion that up to 20% accommodation should be made for gold. The problem with the financial markets is that stocks go up and down with little or no prior warning. Economic analysis typically acts as a barometer of likely movement, but the stock market itself is as volatile and unpredictable as the variables that constitute it. The reason for this is simple: stock markets are a gamble.
 
Gold Meets the International Standard
 
The factors that affect gold are national and international in nature, and sometimes they are caused by acts of God. Investing is a long-term strategy that is geared towards generating returns in excess of the original investment.
 
Naturally, the real-money returns must be greater than the nominal value thereof. What’s great about gold is that it is one of those commodities that is limited in quantity. There is only so much gold in the world, and the more we consume the rarer it becomes. Gold has multiple applications in everyday life from jewellery to electronics, store of value and the like. While gold stocks are volatile and typically tank over the long-term, physical gold is a valuable addition to your portfolio.
 
How has gold performed over time?
 
Gold is inversely correlated with the strength of the USD. As the dollar rises, the price of gold becomes relatively more expensive to foreign buyers. This decreases the demand for gold bullion and eventually adds downward pressure to the price of the metal. In much the same way, interest rates are inversely correlated with gold. When rates rise in the US, the dollar strengthens and the demand for gold declines. The analogy between owning insurance policies that pay out fixed amounts with fixed premiums and owning gold is all too common. If gold doesn’t appreciate, and retains its store of value status, that is sufficient to hold onto it.
 
Over the past 16 years, gold has performed solidly. It has gained 390.89% or $1037.80 per ounce. Over the past 5 years, gold has declined by 27.23%, owing to the bullish performance of Wall Street indices. Over the past 1 year, gold has been exceptionally bullish with gains of 19.80%, or $215.40 per ounce. As we narrow the timeframe to 6 months, gold has appreciated by 2.98% – approximately on par with the S&P 500 index, with gains of $37.70 per ounce.
 
Over the past month, gold has appreciated by 3.64%, or $45.80 per ounce. Currently, the gold price is $1,276.09 per ounce, down 0.17% or $2.21. Gold shines when markets are in turmoil. We saw a spike in the price of gold in the lead up to the Brexit referendum on Thursday, June 23, 2016. Likewise, demand for gold rose as Donald Trump’s poll numbers started to increase with the Hillary Clinton email saga. The political and economic fortunes of global superpowers have a direct impact on the price of precious metals like gold bullion. The percentage annual change in the gold price in US dollars in 2016 is 22.9% for the year-to-date. This is the first year since 2012 that gold has generated a positive annual percentage change. Since 2001 however, the cumulative total return on gold is 380.7%.
 
Investing in Gold Now
 
There is no better time than now to add gold, this indispensable component, to your 401k or IRA. At Fortress Gold Group we provide our clients with the ability to have this safe-haven within their IRA or retirement account. It works just like a traditional IRA, except it puts you in control so you get to decide where your money is stored. Most Gold IRA plans require secured storage at a faraway depository. The problem with this arrangement is that if a real emergency does happen, you can’t access your gold.
 
To learn more, CLICK HERE NOW for a FREE guide or contact the experts at Fortress Gold Group at 800-777-6177 for more information today.

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Preparing for the Next Economic Downfall

economic downfall

A prepper is someone who puts an emphasis on being fully prepared for all things. That includes being ready for the next economic crisis. Being prepared for an economic downfall is not naysaying or being overly pessimistic. It is a simple fact of economics that markets are cyclical. What goes up, must come down. There’s no saying how far it will go down, or for how long or how well it will rebound, but it will happen. When it does, you want to be prepared.
 
The Next Crisis Is Inevitable
 
Few people were ready for the subprime mortgage crisis of 2008, or the dotcom bubble burst of 2000, or the stock market crashes of 1987 or 1929. These crashes typically followed times of great prosperity, and those who weren’t prepared suffered greatly. Being wealthy before the crisis did not help if you were not prepared. In fact, those who benefited from the prosperous times prior to these busts were often hit the hardest.
 
Preparing for the Next Crisis
 
What can you do to prepare for the inevitable crises to come? Attempts to time the market – that is, to buy and hold while things rise and sell off all your investments right before the downswing comes – are usually doomed to failure. The market is too unpredictable. There are indicators, of course, but there are too many factors in play to make a huge move, buying all the way in or cashing all the way out, at just the right time. Your only real weapon against the next economic downturn is diversification, and your best weapon in this vein is almost certainly an investment in precious metals like gold and silver.
 
Gold and Silver as a Hedge Against Catastrophe
 
Why gold and silver? Unlike traditional investment products, gold and silver have intrinsic value. A gold bar is a solid piece of valuable metal that you can see and feel, not a stock certificate representing a business or a bond representing a loan. If you invest in a company and that company goes bankrupt, you could be left with nothing. If you buy a piece of real estate and no one can afford to rent from you or buy your property, or if property values sink, you could be left with a worthless lot. No matter what happens, your gold or silver will not disappear. You will always have it until you sell it.
 
For this reason, gold and silver tend to be resistant to market forces and more importantly, often run counter to the market. They tend to gain in value when traditional investment products are sinking. If you have enough gold and silver, you could be the one standing safely above the rubble when the next market crash comes.
 
As we get older, we become concerned about our retirement income. We can’t just put our money under a mattress. We have to put it somewhere where it can grow so it can take care of us when we need it. However, it’s natural to be afraid of putting our money somewhere where it might disappear.
 
Investing in gold and silver can allay those fears. In fact, an ideal plan can be to invest in a gold or silver IRA, letting precious metals form the foundation for your retirement.
 
Do you want to be prepared and protect your retirement from the next economic downfall? With a Private Storage Gold IRA, you can! To learn more, CLICK HERE NOW or contact the experts at Fortress Gold Group for more information today.

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Should You Invest in Gold, Silver or Both?

gold

You’re probably already aware of the benefits of investing in precious metals to secure your retirement. Historically, gold and silver have always been a wise part of a diverse portfolio, due to their intrinsic value and resistance to market forces. Which makes the better investment, gold or silver? Here’s what you need to know about gold and silver investing.
 
Investing in Gold
 
Gold is currently trading at about $1,262 an ounce. It can be bought as bars, ingots, coins or bullion or as part of gold jewelry. Over the last 10 years, gold has roughly doubled in price, from around $600 an ounce in 2007.
 
Gold is a malleable yellow metal that is attractive in appearance, conductive and resistant to corrosion. It is used in electrical connectors, infrared shielding and tooth fillings, among other uses. About half of new gold produced is in jewelry.
 
There has been slightly upwards of 180,000 metric tons of gold unearthed to date. Gold discovered in 1848 in California inspired a massive gold rush to the western United States. The biggest mining country for gold today is China.
 
Investing in Silver
 
Silver is currently trading at about $18.60 an ounce. Over the past 10 years, silver has climbed slightly in value, having been worth between about $10 and $15 an ounce in 2007. Like gold, you can buy silver bars, ingots, coins, bullion or jewelry.
 
Silver is the most conductive of all metals and has a wide range of applications, including solar panels, electrical contacts, mirrors and medical applications. The main mining country of silver is Mexico, followed by China.
 
Should You Invest in Gold or Silver?
 
The main advantage that silver holds over gold is that silver is more affordable, as should be apparent. Interestingly, this is not due to the scarcity of gold. In fact, there is more gold than silver available. However, gold has been more traditionally used as a standard of currency, and is thought by most to be more attractive to display as jewelry or coins.
 
The other thing that may appeal to you about silver is that it has more practical applications than gold. While gold can be useful as a metal for its chemical properties, as noted above, silver is much more useful. On the other hand, silver tends to be much more volatile than gold, and volatility is something you are trying to mitigate by buying precious metals.
 
The answer is that you should probably buy both silver and gold when investing in precious metals, for the same reason you’re buying precious metals in the first place – to diversify your portfolio and protect your investments. Although silver is more volatile, it generally tends to follow the price of gold, so if gold is doing well, silver will probably do well too.
 
On top of this, in times of great prosperity, people tend to buy more goods and services use of silver in their manufacturing, making silver more valuable. If you have both in your portfolio, you can benefit from the advantages of both.
 
Learning to Invest in Gold and Silver
 
Our Precious Metals Specialists will be able to assist you in taking a well-balanced and collaborative approach. Contact Fortress Gold Group today, the experts in silver and gold investing, at 800-777-6177 or visit our website to learn more about investing in Precious Metals
 

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Will Silver Outpace Gold in Climb to New Highs?

While gold is the commodity most investors choose for a precious-metals safe haven, those who want more bang for the buck frequently turn to silver. These particular investors feel confident they’ve put their money in a hard asset that moves in tandem with gold, yet still gives them greater profit opportunity.
 
That’s because silver is a more volatile metal than gold. For every 1% move in gold, silver moves approximately three times higher. There are several reasons for this. First of all, the silver market is smaller than the gold market. So an investor’s buy or sell in silver of, say, $100,000.00 will have a greater impact in the overall silver market than the equivalent amount of money in the gold market. Because of silver’s relatively rapid return, hedge funds are particularly fond of silver.
 

 
Secondly, silver is an industrial metal. As such, its market movement is more intimately linked than that of gold to developments in particular industries, and, for that matter, in the economy at large. Think of gold with a touch of salt, pepper, and spice.
 
Silver is required as a source of power, control panels, elevator buttons, and railway traffic controls. It’s used as a coating material for DVDs, a catalyst for brazing and soldering, and for medicinal applications because of its antibacterial nature.
 
And as the Silver Institute points out on its website, silver’s “unique properties of strength, malleability, reflectivity and conductivity make it an irreplaceable force in the global market.”
 
Silver has had nothing less than a spectacular price history. In 1974, the Hunt brothers, Nelson and Herbert, used their enormous oil money inheritance along with bank loans to try to corner the silver market. Both brothers believed that, if the intense inflation of the 1970s continued its damage, silver, like gold, would become a haven.
 
As a result, they exploited a volatile metals market to drive the price of silver to almost $52.00 per ounce by 1980. Ultimately, the Hunts were forced to appear before Congress to account for their actions (which included encouraging Saudi investors to pool money with them), and answer charges of silver-market manipulation.
 
Ultimately, the Hunts were forced into bankruptcy. But the lesson we can learn from its relatively recent trading history is, that compared with gold, silver has the potential for greater and quicker returns on an investment.
 
While the gray metal, currently trading at $18.52 per ounce, is a far cry from its $52.00-per-ounce price of the Hunt Brother years, markets have memory. Once a commodity carves a path to a new high, that price becomes a realistic possibility in subsequent years. In keeping with this possibility, silver almost attained its legendary peak again in 2011 when it reached a high of $48.58.
 
If you’re looking, then, for a solid investment in a hard asset that mirrors gold for its safe-haven character, but offers even a greater profit opportunity, you should consider silver.
 
For more information, call 800-777-6177 now, and ask to speak to a Fortress Gold Group representative.

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5 Signs of a Weakening Global Economy

While it’s tempting to slip into the comfortable notion that the domestic and global economies are getting better, some strong signs of trouble suggest otherwise.
 
One of these signs, interestingly enough, is the current strength of gold. There’s now every reason to believe the Fed will grace us with a rate hike in December. Ordinarily, this kind of news helps hammer the gold price. But the yellow metal held its own this past month, and is currently at over $1290 per ounce.
 
Gold is a safe-haven or just-in-case asset. So it’s instructive to discover what’s behind any risk-off sentiment that’s bedeviling investors. Financial journalist Anthony Fensom has zeroed in on five areas of potential trouble.
 
First of all, he cites the difficulty associated with protectionist restrictions on free trade that could easily inhibit the U.S. and global economies after the U.S. election. Both Clinton and Trump have come out against the Trans-Pacific Partnership. And Trump, if elected, has promised to withdraw from the North American Free Trade Agreement.
 
Clearly, neither a Republican nor Democratic win in November will provide the global economy a way out. Yet International Monetary Fund (IMF) managing director Christine Lagarde has candidly characterized policies that restrict trade as a form of “economic malpractice”. She feels such policies will hamstring jobs and wages, and impair global economic growth. IMF chief economist Maurice Obstfeld refers to such efforts as “turning back the clock on trade.”
 
Fensom identifies a second troublesome trend threatening the global economy as the after-effects of Brexit coupled with the national elections in France, Germany, and the Netherlands that will occur next year. All three countries will have a far-right candidate running for office – each of whom has pledged to implement draconian trade restrictions.
 
The third area of concern Fensom cites is the fact that central banks have run out of miracles in their bags of tricks. They’ve gone the limit of quantitative easing and negative-interest-rate initiatives. And Fensom observes, as a fourth trouble spot, developed economies will most likely not be forthcoming with needed government spending programs.
 
Finally, according to Fensom, we’ll see only a “modest recovery” in commodity prices in 2017.
 
Meanwhile, Barron’s has documented a noticeable decline in consumer confidence in October.
 
These signs of weakness, then, all point to gold as a logical safe haven for investors looking to protect their retirement funds.
 
What about you? How secure is your nest egg? Doesn’t it make sense in this uncertain economy to move at least some of your paper assets into physical gold at its current low price?

 
For more information, call 800-777-6177 now, and ask to speak to a Fortress Gold Group representative.

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Gold Price Shows Renewed Strength

Today, Tuesday, October 18, gold’s closing spot price is $1,261 per ounce, up $6.00 – $9.00 intra-day. A volatile dollar is supporting gold after its biggest drop in price in fifteen months on rumors of the possibility of a Fed rate hike this coming December.
 
Gold is holding just below the 200-day moving average. A break above that significant technical level will prove an important bullish indicator for the shiny metal. Although the CME Group’s Fedwatch program predicts a 70% chance of a Fed rate hike in December, downward pressure on gold has eased up on the increased odds of Hillary Clinton winning the election.
 
Her proposed social policies are widely perceived as expansive to our nation’s federal deficit – a scenario that will eventually debase the U.S. dollar.
 
Also, gold holdings in ETFs at 57.433 million ounces are up over 2 percent since September 15. A Reuters survey of delegates at a conference in Singapore portrays an increase in gold prices to nearly $1,350 by October 2017 due to greater physical demand. If weakness in the global economy persists, this demand by investors in search of a safe haven is likely to continue.
 
Monsoon rains in India are also now supporting higher gold prices. When the rains come, demand for gold jewelry spikes, because farmers find themselves with greater income. And India just had its best monsoon season in three years. Farmers’ purchases comprise a third of India’s gold jewelry consumption. At 23,000 metric tons, Indian households can boast the world’s largest private gold holdings.
 
Given the fact that Indians will spend between 35 and 40% of their wedding expenses on gold jewelry, they could wind up spending nearly $10 billion on gold alone this coming wedding season, which runs from October through December.
 
Indians are shrewd gold buyers. When its price drops, as it has recently, they take advantage of a buying opportunity. Unlike investors here in the States they don’t hesitate out of fear of a bear market. A survey conducted in 2013 by the Federation of Indian Chambers of Commerce & Industry (FICCI) reveals that three quarters of Indians consider gold a “safe investment”.
 
Can we learn something about investing from Indians and their intimate and historic relationship with gold? I think so. If we make it our business to acquire gold on a price decline, our personal wealth stands only to increase when the market turns around.
 
For more information, call 800-777-6177 now, and ask to speak to a Fortress Gold Group representative.

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Stagflation! What’s Now In Store for Our Economy?

Stagflation has been rearing its ugly head lately. In a stagflation-ravaged economy, costs tend to rise, but actual growth becomes inhibited. Back in April, Jim Paulsen, chief investment strategist and economist at Wells Capital Management, wrote in a report to his clients, “While the U.S. is not facing runaway inflation, the concept of stagflation… has become much more noticeable.”
 
We experienced stagflation in the 1970s when Fed Chair Paul Volcker pushed the economy into recession by raising interest rates. Now financial experts continue to admonish that the U.S. is due for another bout with recession.
 
In a TV interview with CNBC on Wednesday, October 19, 2016, Hayman Capital Management founder Kyle Bass observed that “2017 is the year of increasing inflation and the economy lagging….” As evidence for his claim, Bass cites rising consumer prices along with climbing wages and real estate prices.
 
By far, though, the most insightful observer of the effects of stagflation has been Harvard economist and former Secretary of the Treasury Lawrence Summers. In a February 16 article in Foreign Affairs republished on his website, Summers mentions that had the Congressional Budget Office’s August 2009 prediction for the U.S. economy been correct, our gross domestic product (GDP) would be $1.3 trillion higher than it is today.
 
Summers goes on to explain that the concept of secular stagnation was first articulated in the 1930s by the economist Alvin Hansen. According to this concept, industrial economies encounter an “imbalance” that arises from an increasing tendency to save and a decreasing tendency to invest.
 
As a result, excessive saving retards demand and reduces growth and inflation. And this imbalance holds back real interest rates. In such an economic environment, any discernible growth, then, stems from hazardous levels of borrowing. The U.S. saw the fallout from unleashed borrowing in the housing bubble that gave rise to the Great Recession.
 
Once more, we find ourselves stuck with lagging interest rates. Here in the States, we’re strapped with a yield of less than 2% on a ten-year government bond. In Europe and Japan, it’s even worse.
 
What can one say when Bill Gross of Janus Capital Group, Inc. declares that bonds “aren’t worth the risk”?
 
Make no mistake. It’s not simply an offhand remark when the Bond King says “I don’t like most stocks, but I like gold.”
 
Stagflation has effectively arrested our economy’s continued growth. If you’re looking to build personal wealth, stocking up on paper assets like stocks and bonds, and failing to hedge with physical gold, is not a wise strategy.
 
Doesn’t it make sense to pick up some physical gold during the current market correction?
 
For more information, call 800-777-6177 now, and ask to speak to a Fortress Gold Group representative.

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