In case you don’t know, Ray Dalio is the founder of the multi-billion dollar hedge fund Bridgewater Associates. So it makes sense that people tend to listen whenever he speaks. The interesting thing is Ray Dalio has much to say about investing in a gold IRA as a hedge against inflation. In fact, he believes…
Investing in gold stocks vs. gold bullion is like traveling two roads with very different destinations. The road paved with gold stocks will, at best, lead to retirement portfolio stagnation. And at worst, it will lead to serious financial loss. The road paved with gold bullion will lead to financial safety, security, outstanding percentage gains,…
Two major new stories hit the wire this week. Both stories are about activities from China that could threaten United States markets and treasuries. Last week, the US Treasury Department released pertinent data showing that China sold more of their US Treasuries in May. Their total US Treasuries holdings are now the least they’ve been…
Two serious economic situations around the world provided financial warnings for us this week. First there’s Asia and Europe. There was a major decline in factory activity throughout the month of June. Second, the US saw very little economic growth take place during the same timeframe. The news coming out of Asia is particularly difficult…
The House of Representatives in the United States recently passed the Setting Every Community Up for Retirement Enhancement Act. It’s also known as the Secure Act, and it passed this May. It was a landslide victory vote. The yes votes outvoted the no votes by 417 to 3. Even better, it was expected to pass…