I’m going to keep a running tab on all of the bank closures in subsequent blog posts, as we’re entering a very trying financial time just one quarter into 2023.  The FDIC failed bank list below outlines the banks that have failed over the years.  This list will most certainly be updated as we move...Continue Reading

You’ll be hard pressed to find a truly “recession proof business,” but if you are looking for investment opportunities, that is a completely different story.  Today I’ll speak about opportunities during a recession in hopes of helping people prepare for what could be a very daunting recession as 2023 unfolds. What Opportunities Exist During a...Continue Reading

2023 is here, and the economy is still in a dangerous place.  Many investors are looking to alternative plans for their money ahead of a recession, and many are asking “should I buy gold or silver in 2023?”  To anyone looking into precious metals investments, I would respond with a simple:  why not both? Today...Continue Reading

Many traders refer to insider lingo known among the financial community, but for others to understand these terms sometimes takes a little explanation.  A bear trap happens when the sentiment is that the market is going to turn downward but conversely, the prices reverse and go up.  We’ll go over bear traps and explain how...Continue Reading

It was around 2000 BC that the Egyptians began actively mining gold for the first time. Since then, 4,000 years have passed, and with each turn of the century, mining technology has become more advanced. As you can imagine, by now there should be a lot of gold reserves scattered across the globe, and you...Continue Reading

Ever since the first time human beings laid eyes on gold, the gold market has been a cutthroat industry. It has been a mad race to increase gold ownership that has lasted thousands of years and does not look like it will stop any time soon. These days, much of a country’s wealth is measured...Continue Reading

Ever since prehistoric times, people have been fascinated by gold and gold alloys. The gold symbol has become synonymous with wealth and power. Countries around the world use gold reserves as the ultimate resource to hold up their economies. The more gold a nation has, the stronger its currency is on the global markets. However,...Continue Reading

Regarding valuable metals, gold is one of the most valuable assets a country can have. Foreign reserves for gold and other precious metals are used to support a country’s economy, and today, we’ll learn about the countries with the largest percentage of gold held for the year 2022. Understanding Central Banks, Gold Holdings, and the...Continue Reading