Robert Kiyosaki, author of the classic financial book “Rich Dad Poor Dad,” advocated for physical assets like gold and silver and virtual currencies like bitcoin. He argued that a strong US currency could present a chance to purchase bitcoin, gold, or silver if the US Federal Reserve continues to raise interest rates to combat inflation. …
News
“Rich Dad, Poor Dad” Author Says Buy Silver While You Can
Characteristics of Sound Money According to Aristotle
You need some form of money to buy products and services or to settle financial obligations. Money serves three basic functions – it works as a means of commerce, a unit of account, and a store of value. Some people use it regularly, while others invest it in gold and silver investment companies for future …
Detailed Guide for Investing in Rare Coins
A Guide to Investing in Rare Coins Investment in rare coins is not an activity that can be quickly picked up and mastered. There is more to becoming a top-tier coin collector than simply having access to a wide network of contacts. You must approach gold IRA companies and custodians to get familiar with the basics …
How to Select a Precious Metal Exchange to Avoid Online Fraud
Online fraud has become a growing occurrence in recent times, requiring buyers to be extra careful, especially when buying high-end items like precious metals. So if you sell or buy products to and from a precious metal exchange online and are wondering how to select a precious metal exchange to avoid online fraud, here is …
Why America is headed towards Recession and What You Can Do about It
The pandemic, followed by the Ukraine-Russia war, had a detrimental influence on the global economy and raised global inflation. According to statistics, America is on the verge of a recession due to rising inflation and other factors. Recession can negatively impact the citizens of America by causing an increase in employment, reduced income, uncertainty, and …
Habits of Successful Precious Metal Investors You Can Adopt
A metal trader or precious metals investor actively reflects a business that buys and sells precious metals, such as gold, silver, copper, platinum, etc., which interest anyone looking to diversify their wealth. However, the metal trading store’s operations might be mistaken for those of the more well-known and ubiquitous establishments which buy gold. However, the …
How to Escape the Inflationary Pressures in 2023
Did you know that a leading economist predicts the inflation rate to spike at 4.5% – 4.75% by 2023, maintain steady at that rate throughout 2023, and then gradually fall throughout 2024? Rising inflationary pressures necessitate the development of a strategy to address them effectively. Inflationary pressure may be stressful and even force individuals to alter their lifestyles …
Ways You Can Improve Your Literacy About Investing in Precious Metals
Gold and silver are ideal long-term investments because of their ability to keep pace with inflation. Unlike a successful company or an interest-paying bond, commodities like gold and silver don’t generate cash flows. Instead, you let them collect dust in the hopes of a future price increase. How to Get Accustomed with Precious Metals Investments …
Number of Americans Living from One Paycheck to Another Approaching All-Time High – Why?
LendingClub survey reports that 63 percent of Americans have to make ends meet on only each paycheck. Consumers just cannot keep up with inflation rising at such a rapid rate. These days, it’s not enough for the average American to have only one job. Weak wage growth has left more people than ever with next …
3 Reasons to be Bullish on Silver
For countless centuries, silver has served as currency. In dollar terms, silver and gold prices tend to rise together as government fiat currencies decline. The Federal Reserve and other central banks are currently printing money at an unprecedented rate. Not a single indicator suggests that the production of new currency will slow down any time …
