What the Fed’s Decision Means for Gold & Silver in 2025 The Federal Open Market Committee (FOMC) meets eight times a year to discuss monetary policy, the most recent meeting being September 17-18, 2024. The FOMC is a branch within the Federal Reserve System that makes important decisions about interest rates. In particular, the FOMC The post Fed’s Decision: Impact on Gold & Silver first appeared on CMI Gold & Silver ..read more

Late every summer, a gathering of central bankers, economists, academics, and other financial luminaries takes place in Jackson Hole, Wyoming. They converge in this mountain resort town in the shadow of the Teton mountain range to discuss monetary policy, ruminate on the markets, and even do a bit of fly fishing. However, the Jackson Hole The post What Jackson Hole Means to the National Economy first appeared on CMI Gold & Silver ..read more

Investing in platinum and palladium may not be as familiar to previous metals buyers as investing in gold and silver. While humans have mined and traded gold and silver for thousands of years, platinum and palladium have had a much shorter history. Platinum was discovered in 1735, while palladium wasn’t discovered until 1803. However, in The post Tips to Invest in Platinum and Palladium first appeared on CMI Gold & Silver ..read more

For centuries, nations and central banks have accumulated reserves of gold to conduct trade, pay for military campaigns, and fund exploration and settlement. Before the advent of fiat — paper — currencies, gold was the primary medium of exchange. Although today’s consumers are more likely to pay for goods and services with dollars rather than The post Why Central Banks Are Buying Gold first appeared on CMI Gold & Silver ..read more

What is the Gold Standard? The ‘Gold Standard’ is a monetary system in which a country’s currency (typically paper money) has its value directly linked to gold. Under this system, currencies could be converted into a fixed amount of gold, and the country’s government maintained gold reserves to hold up the value of their currency. The post The Gold Standard: A Brief History first appeared on CMI Gold & Silver ..read more

Shadow Debt is a concerning phenomenon that gained traction during the COVID-19 pandemic. It can have a devastating impact on your financial future. But what is shadow debt, and what’s the best way to avoid taking it on? What Is Shadow Debt? The term “shadow debt” has been used for years to describe debt that The post How to Avoid Going Bankrupt With Shadow Debt first appeared on CMI Gold & Silver ..read more

There’s a commonly held belief among investors that as interest rates rise, the prices of precious metals such as gold and silver drop. Likewise, as interest rates fall, investors expect spot pricing for gold and silver to increase. At first glance, this would seem to make sense. After all, rising interest rates would make fixed-income The post Interest Rates and the Effect on Gold and Silver Spot Price Movement first appeared on CMI Gold & Silver ..read more

Costco Gold: Should You Buy It? It seems like everyone is getting into the gold business, including the wholesale retailer Costco. In late 2023, Costco began selling gold bars, rapidly selling out with each new shipment. The company’s expansion into precious metals—including the recent addition of silver coins and bars—taps into the public’s growing demand The post Costco Enters the Precious Metals Market first appeared on CMI Gold & Silver ..read more

Current State of Inflation Stubbornly high inflation is outpacing wage growth, eroding consumer purchasing power, and raising expectations that the Fed may have to prolong its current high interest rates to get prices under control. This risks further squeezing household budgets and potentially tipping the economy into a recession. All these factors are fueling significant The post Fighting Inflation Risk with Precious Metals first appeared on CMI Gold & Silver ..read more

Prepare Your Portfolio for the 2024 Presidential Race The impact of the 2024 President Race is on the minds of many investors. According to a Janus Henderson survey of 1,000 investors, 49% of those surveyed said they were “very concerned about the 2024 presidential election.” By comparison, 35% of the respondents said they were very The post The 2024 Presidential Race: How to Prepare Your Portfolio for Any Outcome first appeared on CMI Gold & Silver ..read more