Isaac Nuriani

Remember when the collapse of Silicon Valley Bank was the second-largest bank failure in U.S. history? Seems like just yesterday – which, in a figurative sense, it was. It’s been barely two months since Silicon Valley fell to earth and triggered a wave of anxiety over the banking system unseen since the 2008 financial crisis.

There’s little dispute that the turmoil we saw upsetting the financial system a month ago has subsided. But have we really seen the last of it? A number of expert observers, including former Treasury Secretary Larry Summers, have been saying it’s a little too soon to give the “all clear” on the turbulence…

Despite all of the risk-management protocols in place for the banking industry, this most prominent of threats to Silicon Valley Bank – and the one that ultimately flattened it – was either missed or ignored by risk-management professionals at all levels.

Banking-Crisis Unpredictability Highlights Importance of Staying Ready for Trouble Bullion.Directory precious metals analysis 27 March, 2023 By Isaac Nuriani CEO at Augusta Precious Metals Precious metals have been on a […]

When it comes down to it, the primary appeal of precious metals for savers is their perceived capacity to act as safe-haven assets. That is, as assets with the tendency to strengthen during conditions that are unfavorable to economies,

You may have heard there’s a looming retirement crisis in America. In a nutshell, the term refers to the sizable difference between the amount Americans have saved for retirement and the amount they actually need to retire comfortably.

Even casual consumers of financial news likely recognize the terms “hard landing” and “soft landing” as they pertain to the economy. That isn’t to say they have a clear understanding of what each means, however. So, before I proceed to the real topic at hand…

Activity among central banks, state legislators and younger savers could suggest bright future for metals with central bank 2022 gold purchases now highest on record. In fact for well more than a decade, central banks have been relentlessly stocking up on gold.

Once again, the federal government has reached its statutorily determined debt limit – now an unbelievable $31.4 trillion. There can be no more spending until that limit is either raised or suspended and the United States may default on its obligations for the first time in history

The ongoing battle over the debt ceiling is likely to continue for some time this year. According to Treasury Secretary Janet Yellen, the government can use accounting tricks to keep the government running and meet principal obligations until around early June.

Not only are there sound fundamental reasons why silver can outperform gold during metals-favorable climates, but there have been several notable periods during which silver has done just that.

Back in 2021 practically no one foresaw the economy that ultimately came to pass in 2022. Not the level and persistence of inflation, not the severity of the interest-rate increases, and certainly not the resulting volatility that wiped tens of trillions from the real net worth of U.S. households last year.

Stagflation is a rare beast, which is why we don’t see it very often. What makes it so rare is that its two principal ingredients are high inflation and low economic output – conditions that tend to exist in opposition to one another.

Americans have been relying on credit for some time to do their spending. And based on data recently compiled by the Federal Reserve Bank of New York, they seem to be relying on it more than ever.

Prices could remain elevated well after acutely high inflation subsides. One report says that inflation above the Federal Reserve’s 2% target could be with us for another decade

Inflation has been significantly elevated for a year and a half. And since the end of 2021, it’s been stuck at or near four-decade highs. Many of the consequences you’d assume would result from high levels of persistent inflation have indeed come to pass.

Inflation is still running very close to its 40-year highs. And even though the Fed has raised interest rates 75 basis points a pop at each of its last three Open Market Committee meetings, those moves have had little – if any – beneficial impact on inflation.

There’s little disputing the fact that retirement savers are living through a most confounding and hard-to-navigate economic environment. Inflation has been well above the Federal Reserve’s 2% average target for nearly a year and a half and interest rates have been rising steadily

Inflation began reacquainting itself with its 40-year-highs toward the end of last year and evidence suggests inflation is spreading. Ever since, Americans have hoped that each new monthly CPI report would be the one that finally showed consumer prices were heading back to earth.

It wasn’t terribly long ago that the hope – indeed, the assumption – of both Treasury Secretary Janet Yellen and Federal Reserve Chairman Jerome Powell was that it would take essentially nothing to rein inflation in.

It’s been a tough year for retirement savers. The highest inflation in decades already had been forcing Americans to suspend retirement plan contributions so they could keep up with soaring prices at grocery stores, gas stations and basically anywhere that anything is sold

If you’re a struggling college graduate burdened with mountains of student debt, it seems your load is now a bit lighter. Except student-loan forgiveness could cost more than a half-trillion dollars with the initiative expected to swell the deficit far beyond the new inflation law’s deficit-reduction benefit

Americans seem to be hanging on by a financial thread as number of higher earners living paycheck to paycheck has jumped. There may be a lot of citizens who have a job to go to each day, but it turns out the mere fact they have a job is no assurance of personal financial viability.

Good news, says a sizable chorus of observers: Peak inflation finally has arrived. We can count President Biden among those who are singing that tune. But does a moderation in fuel prices signal that peak inflation has been realized?

For years, we’ve been told there’s a retirement crisis in America. Survey after survey reveals that Americans don’t have enough money to get by in what is supposed to be their golden years.

How bad is the Consumer Sentiment Index? Try this: The index now is at “its lowest recorded value,” according to survey director Joanne Hsu. That’s right. The outlook of consumers, as measured by the Michigan consumer sentiment index, has never been worse. But that’s just one bad number…

Inflation, and now possible recession, are damaging more than prices, but spending less and working harder may not be enough to overcome lower wages, savings & living standards. More than one-third of U.S. households said they had trouble paying bills from April 27 through May 9.

While a first glance at the latest inflation figure may indicate improvement, a second look at the numbers raises the possibility it actually could be getting worse. And as bad as that news is for all Americans, it may be especially troubling for seniors.