Gold Financial Group

04/10/2023

Investing in gold has been a popular way to protect retirement savings during economic downturns due to its potential benefits, including:

Safe-haven asset: Gold is considered a safe-haven asset that tends to retain its value during times of economic uncertainty or market volatility.

Diversification: Adding gold to a retirement portfolio can help diversify investments and reduce overall risk.

Inflation hedge: Gold can serve as an effective hedge against inflation as its value tends to rise during periods of high inflation.

Store of value: Unlike paper currency, gold has been recognized as a store of value for centuries, making it a reliable long-term investment .

By investing in physical gold, retirees can potentially protect their retirement savings and increase their financial security during challenging economic times.

05/13/2021

Rare Gold Silver Ratio Cross Suggests Imminent Breakout. Gold bottomed at $1,673 on March 8. The 50WMA crossed below the 200WM in the gold/silver ratio for only the 4th time in 31 years. Every time this has happened since 1993, silver went on a huge run. http://ow.ly/IRDj50ELx5O

02/21/2020

Gold hits 1635! If you have yet to buy gold and are interested but don’t know where to begin then download the free gold guide today!

Call 888-915-2443 or go to

Information contained within The Gold Financial Group sites and publications is for general educational purposes and should not be construed as investment advice. The Gold Financial Group does not provide legal or tax advice, or retirement-specific recommendations. By visiting our network of website...

06/26/2019

Merrill Lynch Caught Criminally Manipulating Precious Metals Market "Thousands Of Times" Over 6 Years. Gee and you wonder why people don’t trust these institutions and the too big to fail banks that get free handouts. On Tuesday after the close, the CFTC announced that Merrill Lynch Commodities (MLCI), a global commodities trading business, agreed to pay $25 million to resolve the government’s investigation into a multi-year scheme by MLCI precious metals traders to mislead the market for precious metals futures contracts traded on the COMEX (Commodity Exchange Inc.). The announcement was made by Assistant Attorney General Brian A. Benczkowski of the Justice Department’s Criminal Division and Assistant Director in Charge William F. Sweeney Jr. of the FBI’s New York Field Office. In other words, if the Merrill Lynch Commodities group was an individual, he would have gotten ye olde perp walk.

As MLCI itself admitted, beginning in 2008 and continuing through 2014, precious metals traders employed by MLCI schemed to deceive other market participants by injecting materially false and misleading information into the precious metals futures market.

06/25/2019

The Federal Reserve's has shifted over the past six months, from a hawkish stance of raising interest rates, to neutral, and now to so dovish it is expected to cut interest rates next month. That has changed sentiment on the dollar, and strategists now see the potential for a longer term weakening of the currency. According to CNBC. Michael Cordova CEO of the Gold Financial Group states that after breaking a 6 year high we can possibly see a slight pull back in the metals back to recent support at the 1400 mark as investors that bought early on could be looking to capitalize on current profits. Meanwhile central banks remain bullish and Russia adding over 200k ounces recently could push gold higher.

06/20/2019

Gold is on the move passing $1365! Gold rises as Fed hints at rate cuts in 2019. Let’s see if it can break previous resistance levels and make a run for $1400.