Hard Asset Alliance

Articles by Hard Asset Alliance

105 years ago, American financier J.P. Morgan testified before Congress. When asked if the control of credit involved a control of money, Morgan responded by saying, “Not always. [Credit] is an evidence of banking, but [credit] is not the...
In 1978, one year after taking control of impoverished China, Deng Xiaoping declared “to get rich is glorious.” Since Deng’s declaration, China’s per-capita GDP has grown by over 5,000%.
Consumers of financial news will hear the word “risk” thrown around a lot. We hear of “risk-off” moves and “risk-on” days. Although used amply, it’s rarely—if ever—quantified. As understanding risk is crucial to making informed investment...
An often cited negative about gold is the inability for investors to value it, unlike traditional investments such as stocks and bonds. A company’s revenues and earnings can be forecast to arrive at a valuation multiple. A bond’s cash...
The Fed finally raised its target interest rate and issued guidance for 2017. Trump shocked the political world and stocks seem to be making new highs daily. Investor sentiment is at two-year highs, fueled by optimism for renewed economic...
With the bull market in US stocks approaching its seventh anniversary in March 2017 and the indexes just hitting all-time highs, many investors are wondering how long the party can continue. The chart below shows how the Dow Jones, Russell...
"It's the economy, stupid." This was the catch-phrase Bill Clinton’s campaign used in 1992 to help defeat George H.W. Bush. In this year’s presidential race, the slogan “Make America Great Again” branded the Trump campaign as a referendum...
Volatility in gold and silver has been on full display the past 24 hours. As the US presidential election approached this week, gold declined $30 to $1275/oz on the prospect of a Clinton victory.
It is no secret that people do not like uncertainty. By nature, humans are generally creatures of habit—preferring stability and safe outcomes. This is especially true when it comes to financial matters.
Since the Federal Reserve raised its target interest rate last December, every dovish or hawkish comment from Janet Yellen and other voting members of the Fed has sent stock, bond, and commodity markets into flux.
In 1792 the U.S. Congress adopted a bimetallic standard (gold and silver) for the new nation's currency - with gold valued at $19.30 per troy ounce