If you own gold or silver right now, you probably feel smart and slightly anxious at the same time. I’ve been watching this move tick by tick, and the most striking thing is how calm Jerome Powell sounds compared to what gold and silver are actually doing. Gold climbed to $5,600 an ounce after rising … Read more
Eugene Gologursky/Getty Moneywise and Yahoo Finance LLC may earn commission or revenue by linking to the content below. Robert Kiyosaki is notorious for claiming that the next big market crash is coming. And with most Americans’ retirement savings invested in stocks, a crash would be devastating to the wealth of older Americans. So when Kiyosaki … Read more
If you’re an investor like me, you can’t be blamed for looking at last April’s returns and thinking things were all roses and daisies. After a scary tariff-induced 19% drop in the S&P 500, stocks rallied sharply from April lows. Nasdaq Comp and S&P 500 gained 50% and 36%respectively, in less than a year. That’s … Read more
Shutterstock Moneywise and Yahoo Finance LLC may earn commission or revenue by linking to the content below. It’s been more than 170 years since the California Gold Rush — but locals are once again finding gold dust, flakes and even nuggets glinting in the state’s rivers. “Gold is everywhere,” Manny Goza, a prospector surveying the … Read more
Moneywise and Yahoo Finance LLC may earn commission or revenue by linking to the content below. The housing crash of 2008 was brutal—home values plummeted, millions of Americans were forced into foreclosure, and trillions in household wealth evaporated. Now real estate analyst Melody Wright is warning that the next recession could be even worse. In … Read more
Close-up of a large gold nugget with more nuggets in the background Two large gold deposits discovered in China could hold a collective mass of more than 2,000 metric tons (2,200 US tons) of the precious material — the largest ever found within the country’s borders. If confirmed by further geological studies, the Wangu field … Read more