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Over the past three years, it seems that an economic recession has become increasingly difficult to pin down. Lockdowns caused a recession, sure. But they came and went… kind of. What is the state of the U.S. and global economy now, and are we qualifying for something akin to 2008-2011? Why has “recession 2023” become a buzzword in the media?
...Many investors are understandably anxious about their retirement money and family’s generational wealth, as 401(k)s continue losing value and inflation eats away at purchasing power. The stock market remains as volatile as ever as a recession looms.
...For the first time since 1971, it seems we’re faced with a real prospect of the dollar collapsing. Not just a loss in the value of the dollar and then a bounceback, as is the case due to interest rates hikes and cuts. No, here we are talking something more along the lines of the Venezuelan bolivar.
...Nationwide Coin and Bullion Reserve is what you might call a “mint’s bullion company”. For starters, they place as minimal of a focus as possible on precious metal IRAs, from what we’ve gathered. While the gold IRA is listed as one of their products, there is practically no information on how this ties into the company and what those opening a retirement account might expect. Instead, it’s all bullion.
...Palladium is worth more than gold. It’s been worth more for years. Should we remove gold from its place atop the precious metal heap? After all, isn’t the most expensive precious metal “the gold standard?”
...For many, Satoshi Nakamoto is more than just the inventor of a groundbreaking new technology— he’s a legendary figure surrounded with an almost religious reverence. Among Bitcoin fanatics, it’s not unusual to hear him referred to as the “savior” who came forth to free us from the tyranny of the banking system.
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