Blog | Gold Wealth Financial - Part 3

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Why a Gold IRA Is Currently a Sensible Idea for Americans

October 30, 2018

While a Gold IRA is always going to be beneficial to anyone who has one, they are an especially sensible idea right now given the current financial and political climate in the United States. We’ve been fortunate to have experienced a bull market within the last several years, but most economic experts believe this bull market is on its way out. Yes, the stock market is within reach of some major records. But at the same time, financial analysts believe we are also on the precipice of another crash and a resulting recession, which could last years (similar to the... View Article

The Next Crash Could Be Worse Than the Great Depression

October 24, 2018

Financial experts are not exactly sunny on the future of the American economy. There have been several reports focusing on certain foreboding economic factors, such as massively skyrocketing household debts and student loans, that could result in a crash some experts believe could be “worse than the Great Depression.” Goldman Sachs, one of the world’s largest financial institutions, predicted the American financial outlook for this year would be “not good,” and reported that household debt in the United States has been steadily rising since the 2008 housing crisis and financial crash forced American taxpayers to bail out many of the... View Article

Is Gold Getting Ready for a Rally?

October 17, 2018

Recent studies indicate gold could be about to go on a significant rally, according to an American commodities expert. This is good news for people who have been focused on investing in gold, or for those who have been thinking of getting started. There had been some people familiar with the gold investment market who had suggested gold had reached its bottom. Prices have been hovering around the $1,200 an ounce level. But Jim Cramer, known for his program “Mad Money” on CNBC, says gold could be setting itself up for a “monster rally,” and all investors and potential investors... View Article

Expect Gold’s Value to Soar in Coming Months, Says Bank of America

October 16, 2018

A recent report highlighted beliefs by Bank of America Merrill Lynch that gold is on the precipice of a significant surge over the coming months and year, thanks in part to increasing budget deficits, tariffs and trade wars between the United States and other global economies. Representatives from the bank say gold might reach an average of $1,350 per ounce in 2019, as the United States economy weakens because of tax overhauls. Francisco Blanch, who serves as the Head of Global Commodities and Derivatives Research for Bank of America, said, “In the short run, the effects of strong dollar, higher... View Article

Preparing for the Next Silver Bull Market

October 10, 2018

Over the past two years, American stock markets have rallied to astonishing new heights. Precious metal values, meanwhile, have trended downward. Rising sociopolitical and economic uncertainty, however, will likely contribute to a considerable rise in the value of silver in the coming months. The structure of the precious metal markets usually results in drastic reversals in value after extended periods of downward trends. While it’s true that the value of silver has been falling consistently since this spring, it’s likely to see a major reversal in the near future. Trade tensions will likely adversely affect the stock market, driving more... View Article