By Angela Roberts, CEO of U.S. Money Reserve I’m a big believer that in every supposedly negative situation, we can find opportunities to seize. For example, during the recession caused by the COVID-19 pandemic, economic growth slowed, but according to the Federal Reserve Bank of San Francisco, “Households rapidly accumulated…

On April 4, 2023, the price of gold broke through the $2,000/oz. price level and traded in that range during the following weeks. Meanwhile, the outlook for the dollar has weakened. Analysts say this reduced outlook has increased the popularity of physical gold and helped push prices of the precious…

On April 18, 2023, Jared Bernstein, the presidential nominee for chair of the Council of Economic Advisers, said that China likely wants to erode the dollar’s position as the world’s reserve currency. As the dollar faces pressure, some analysts say precious metals like silver may be safe havens for consumers. The dollar is facing increased international competition. …

Federal spending is close to eclipsing its debt limit — the total the government can legally borrow to pay its bills. On April 25, 2023, U.S. Treasury Secretary Janet Yellen warned that failure to raise the debt ceiling would lead to an “economic catastrophe.” The closer the possibility of default…

The financial industry is ripe for change, but what can you do about it? — by Sherry Hao, Controller, U.S. Money Reserve The last three years have upended everything we know about conducting business — from remote work to supply chains — and have introduced more innovation and disruption than the last 20 years. COVID put a laser focus on the inefficiencies, inequalities, and injustices…

As more and more economic indicators show that we’re smack in the middle of a global recessionary period, what can retirees do to protect their finances? — by Sherry Hao, Controller, U.S. Money Reserve The stock market is chaotic, inflation is rising, and the global economy appears to be teetering on the brink of a recession All these factors can have a profound and lasting impact on your financial health, in both the long and short terms…

It may seem impossible, but you can build credit without having a credit card. — by Sherry Hao, Controller, U.S. Money Reserve I’ve written a lot about the ins and outs of managing your credit score and some of the nitty-gritty details you need to know to keep your credit in good standing. While credit cards may be a great way to build solid credit…

By Angela Roberts, CEO of U.S. Money Reserve I recently ran across an April 28, 2023, MarketWatch article with a headline that begins: “America’s personal savings just hit $1 trillion.” It then goes on to ask whether CDs, I-bonds, or online savings accounts would be the best place to put…

By Angela Roberts, CEO of U.S. Money Reserve On April 20, 2023, MarketWatch reported, “The U.S. economic index sank 1.2% in March and fell for the 12th month in a row, continuing to signal a recession later in 2023.” That same day, Fox Business reported, “The Fed says a mild…