In the past, safe deposit boxes at local banks were considered a secure way to store valuable documents, jewelry, cash, and even physical precious metals. However, the changing landscape of commercial banks and recent events have shed light on the...
Argentina recently made headlines with its announcement that it plans to pay for its imports from China in Yuan. Inevitably, gold commentators jumped to the spurious conclusion that this decision signals another step towards “de-dollarization.”
Let's be clear: this is not...
This post was written by Jeff Deist, former President of the Mises Institute. Jeff will be joining Monetary Metals full-time as General Counsel in May.
I am exceptionally pleased to join Monetary Metals after ten years at the Mises Institute.
Offering...
April 1, 2023
First, it was the crypto-focused Silvergate Bank. Then it was Silicon Valley Bank. And immediately after, Signature Bank. Silvergate and Signature could be dismissed because, well, crypto. But Silicon Valley Bank is something entirely else. It was older,...
As the Federal Reserve has hiked rates from 0% to over 4.75%, the average interest rate on bank deposits has remained low, around the FDIC's national average for savings accounts of 0.37%. This has led many to ask the simple...
Last week, we had this to say about the implications of SVB’s collapse…
Everyone in the market has to think about an unpleasant reality and come to grips with it. They have to consider the risks of things that previously they...
You can listen to an audio summary of this article below.
Silicon Valley Bank (SVB) collapsed and was then seized by the California Department of Financial Protection on Friday, March 10. This came after a frenetic two days, when the bank...
In the live 2023 Gold Outlook Webinar, CEO Keith Weiner commented on the conclusions of the Gold Outlook Report and answered attendees' questions.
If you did not get a chance to fill out the survey during the interview please take a...
https://youtu.be/43KW91-6nxI
Every year we take a step back from our regular business of paying interest on gold and silver to our clients to give our thoughts on the likely direction of gold and silver prices for the coming year. We provide...
If you listen to financial pundits talking about the Federal Reserve and the current state of the markets you might hear this term mentioned:
“Demand destruction.”
What is it? And what does it mean for you and me?
We’ll first discuss the mainstream...
