Sapphire and Diamond Pear Drop Earrings in 18k White Gold at Blue Nile If you’re one of many people wearing masks when you go outside, then you’re in a bit of a quandary. How do you accessorize your look when half of your face is covered? Easy, make a statement with some statement earrings. […]
The post This beauty can’t be masked! Liven up your look! appeared first on PriceScope.
Now that you’ve said yes, you’ve come to the next phase of your diamond hunt – wedding band shopping! More often than not, many people tend to gravitate towards round brilliant shaped wedding bands. This comes as no surprise, considering round shaped wedding bands are the classic standard for wedding bands. For many people, the hunt stops there. We are here to convince you why fancy-shaped eternity bands should be on your radar!
It’s impossible to be completely prepared for the unexpected. After all, if you could anticipate what you might need in an unexpected situation, it wouldn’t be unexpected. Yet, we all have to be prepared to some degree, in case of an abrupt change in the world.
Sometimes our plans and expectations are thrown off in minor ways. Other times, such as recently, major changes can derail practically all aspects of life. These circumstances can be especially troubling when trying to financially plan for the long term.
For many people who live paycheck to paycheck—or those who only have a small amount of savings set aside in case of disaster—a massive disruption can turn their whole world upside down.
Recently, I saw on Fox Business that a Bankrate survey found 30% of American adults have seen their household income decrease during the pandemic. Even worse, 19% of American adults now have less emergency savings, and 24% have no emergency savings at all.
The survey went beyond just individual households and showed the impact the current crisis has had on households as a whole across the country. Of American households, 26% have added debt, and 11% have decreased their savings. Even individuals who have managed to mostly insulate themselves from the recent catastrophe can see the importance of developing a financial safety net.
The fact is, sometimes major changes can occur and leave everyone blindsided. When you are planning for the future of your household and family, limiting your financial protection to one single asset can be troublesome, or even dangerous.
In November of last year, Fidelity reported that people between the ages of 55 and 75 years old, had over-allocated stocks in their portfolios. This under-diversification likely left those same folks especially vulnerable when stocks crashed earlier this year.
Although the markets have healed somewhat since then, the fact is that no one can see into the future perfectly.
Gold’s recent rally speaks for itself. Historically, gold tends to perform well in times of crisis. It’s no wonder hedge funds, such as Elliott Management and Caxton Associates, are starting to hold more and more gold.
When you consider how to manage your family’s financial future, remember that a little bit of precautionary planning can go a long way.
The post How to Be Prepared for the Unexpected appeared first on U.S. Money Reserve.
Kitco News
(Kitco News) – One of Wall Street’s biggest gold supporters is turning up the heat on its gold forecast, at least a little bit.
The post Wells Fargo sees gold prices ending 2020 between $1,800 and $1,900 appeared first on WorldSilverNews.
Kitco News
(Kitco News) – Gold and silver prices are lower in midday U.S. dealings Thursday, on routine downside corrections following recent gains. Some profit-taking from the shorter-term futures traders was also featured today.
The post Gold, silver pull back on some profit-taking, normal consolidation appeared first on WorldSilverNews.
Yahoo! Finance: SI=F News
Rebuilding costs for a major hurricane could be up to 20% higher than normal thanks to coronavirus-related bottlenecks and labor shortages.
The post The US is in for a brutal—and expensive—hurricane season appeared first on WorldSilverNews.
Bloomberg/Lisa Lee and Michelle F. Davis/5-19-2020
“Never mind that profits have been wiped out, and that their business operations aren’t viable right now or likely anytime soon. As long as they’re propped up by the Fed, investors are willing to lend.”
USAGOLD note: The COVID-19 bailouts are giving moral hazard a whole new meaning. Does this mean that the Fed can never pull the rug out from under these zombie companies? And if so, what does it mean for the general economy (not to speak of ongoing one-way monetary policies)?
World Gold Council/Staff/5-18-2020
“Risk assets have moved rapidly out of favour in recent weeks. As the Covid-19 pandemic has prompted a widespread reassessment of global economic prospects, investors have rotated into safe-haven assets, including gold. Some haven assets have delivered better returns than others, however. And gold has been one of the best performing safe-haven assets this year. Between 1 January and 20 April 2020, gold outperformed US treasury bonds and bills, USD-denominated investment grade US agency and corporate debt, and Eurozone sovereign bonds.”
USAGOLD note: Though aimed at central bankers, the tenets reviewed applied to the well-run private investment portfolio as well. “Central bank reserves,” says the Council, “are typically constructed according to three guiding principles: safety, liquidity and return. The Covid-19 pandemic has reinforced the significance of these principles and, by extension, the importance of smart and sustainable reserve management.” Sounds about right ……
Chart courtesy of the World Gold Council
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