According to statistics, 66 years is considered the “full retirement age” in the U.S., with men retiring at 59 years and women retiring at 60 years of age. But regardless of your age, it’s important to figure out your finances so you can lead a comfortable life after retirement. While paper money has its own …
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The Role of Metal Barter during the Great Depression
Primitive civilizations were known to rely on barter systems to sustain financial systems at that time. This brings an intriguing aspect to the importance of precious metals in modern times and how they operated in the old days. Even though the barter system relied on precious metals that were an excellent store of wealth, the …
Gold and Silver Barter: All You Need To Know
Millennials and Gen-Zs are savvy with plastic money and online transfers but Boomers aren’t there yet. They’re not native to an ever-evolving digital world that keeps inventing modern ways of handling money. This is why they go by their traditional ways and rely on money that was common in their time. Since gold and silver …
How Investing In Precious Metals Affects Your Portfolio
Have you or your parents considered investing your savings in precious metals? Saving under the mattress has long been a common course of action that has proven to be detrimental to the economy. Money needs to be in circulation for the economy to run efficiently while preserving the value of your wealth. This is why …
The Top Precious-Metal Friendly Countries
Precious metals like gold and silver have been used throughout history for various purposes. They’ve been used for jewelry, ornaments, architecture, industrial uses, and more. While many countries have adopted the use of other commodities like paper money, there are still countries that use precious metals as a means of trade. If you’re wondering whether …
Coronavirus: Lessons for Investors from SARS
As the global population engages in mass hysteria over the COVID-19 pandemic, we forget that a similar outbreak was experienced some 17 years ago. SARS had a record of affecting 8,000 people worldwide, with 800 fatalities resulting from it. It was a severe acute respiratory syndrome (SARS) that originated in China. Even then, the Chinese government was scorned …
Downfall of The Triad: Are We Looking At An Economic Recession In the UK, US and China?
An economic recession isn’t like pulling a rabbit out of a hat, which is to say that it doesn’t happen without warning. It’s a process that’s years in the making, involving many moving pieces—policies, economic shifts, etc.—without one specific influencing factor. But if we were to look back at the Great Recession or the financial …
How Hong Kong Tells Us That Cash and Financial Instruments Aren’t the Answer To long Term Financial Stability
China has long been known as the new kid on the block. It has been competing with the United States on a level that needs to be taken seriously now. If the GDP is analyzed in terms of purchasing power parity of the citizens, China’s is almost the same as that of the US. The …
Where Will the Majority of Demand for Gold Come From in 2020?
The New Year is right around the corner. While you’re obviously promising yourself to be a better human and live a healthier lifestyle, don’t forget to include ‘making better investments’ to your New Year resolution list. Stocks, bonds, government securities, and real estate are all tales of the past. This New Year take your portfolio …
Geopolitical Uncertainty and How It Affects Investment Behavior
Let’s turn the pages of history and go back to September 1, 2011, when the WTC bombing took away precious lives and deeply affected the economic system of the US. The attack that was carried out at the heart of the US financial system took a toll on the GDP as well as the …
