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Gold

Rate Cut and Market Madness: SchiffGold Friday Gold Wrap March 6

It’s been a roller-coaster ride on Wall Steet. Stocks whipsawed up and down — mostly down. Gold dipped and then rebounded. And the Fed cut rates in a move that looked an awful lot like a replay of 2008. In this episode of the Friday Gold Wrap podcast, host Mike Maharrey gives an overview of […]
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Gold

CORONAVIRUS IS MUTATING INTO TWO STRAINS, ONE MORE AGGRESSIVE

It seems that people have finally started preparing, but is it too little, too late? by Mac Slavo of SHTFplan Researchers in China say preliminary research shows that COVID-19 is mutating and […]

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Gold

Greg Hunter: No End In Sight As Virus Fears Cause Financial Crisis

The financial fallout is real and getting worse… Greg Hunter gives The Weekly News Wrap-Up for Friday, March 6th, 2020 Virus Fears Cause Financial Crisis, Bernie Screwed Again, Economic Update […]

The post Greg Hunter: No End In Sight As Virus Fears Cause Financial Crisis appeared first on Silver Doctors.

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Gold

LOOKIN’ GOOD: Gold Hits Multi-Year Intra-Day High To Close Out The Week!

SD Friday Wrap: Gold & silver maintain amidst the chaos… Please excuse me in advance, for I’m not feeling too inspired. And why is that? Well, I’ve got some wounds […]

The post LOOKIN’ GOOD: Gold Hits Multi-Year Intra-Day High To Close Out The Week! appeared first on Silver Doctors.

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Gold

Powell Painted Into A Corner… Still – Craig Hemke

The bond market is signaling even more cuts this month. This has direct implications for gold, silver and the dollar. Craig explains… by Craig Hemke via Sprott Money Though we […]

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Gold

The Gathering Storm: Could Covid-19 Overwhelm Us In The Months Ahead?

Either the science is wrong and the complacent will be proven correct, or the science is correct and the complacent will be wrong… by Charles Hugh Smith via Of Two […]

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Diamond

CaratLane offers flat 20% off on diamond jewellery – The Hitavada

CaratLane offers flat 20% off on diamond jewellery  The Hitavada
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Diamond

Ravishing Round Brilliant Engagement Ring

  Mpc originally posted this stunning round brilliant engagement ring on the Show Me the Bling forum at PriceScope. This ring took my breath away, it is delicate and feminine while but looks secure and substantial! What is your favorite part?     Mpc knew what she wanted, having seen Bridget Durnell’s work on other […]

The post Ravishing Round Brilliant Engagement Ring appeared first on PriceScope.

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Diamond

Which Lauren B Ring Setting is right for you?

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Silver

Preparing for the Costs of Tomorrow

There may be no blessing on earth greater than a new child. Ask parents from all over, and they will tell you about how much they love their son or daughter and how important their children are to them.

It’s because of this love that parents put extraordinary effort into raising their children. Parenting is an incredible journey, with the ultimate goal to guide their children into people who will be resilient, successful and independent adults.

Becoming a new parent shifts your life’s perspective priorities. It changes commitments of time and money.

According to NerdWallet, the cost of raising a new baby can range from $21,000 to $52,000 in the first year.

As years go by, and as more and more needs arise, these costs will only grow. Food, clothing, healthcare, entertainment, and all sorts of expenses you might not even have considered at first will factor into your spending habits. To make matters worse, inflation continually makes the world a more and more expensive place.

Parents afford these expenses, they understand that paying these costs contribute to a greater calling, that of providing for their future. It’s this sense of duty that also ensures that they take sufficient time to consider what they will need in the future.

Many parents want to help their sons and daughters go to college or help set them up to be better prepared for the costs of their own lives. Unfortunately, as time goes by, this becomes harder and harder.

In the last 10 years, the cost of a college education grew 25 percent.

According to a report from CNBC, the average cost of an education from a private institution was $38,720, and an education from a public institution cost $16,460 during the 2008–2009 school year. Just last year, these yearly costs had grown to $48,510 and $21,370 respectively.

This gives some unsettling food for thought for new and expecting parents. While their more immediate thoughts are probably to focus on their baby’s current concerns, they probably also have their eyes on goals for the long term. Many parents are probably thinking of what they can do to set funds aside to grow for their children.

If a new parent bought gold in 2001, they would have seen it grow from around $285/oz. to over $1,500/oz. by the time their child started college last fall.

New parents (or grandparents) will often look for something they can bestow upon their children when they become adults, whether it be for education, to help buy a home or car, or just to pay for life’s expenses in general. When thinking of these things, always try to keep your mind open to possibilities that might help your children in the future—such as gold.

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