WELCOME

Thank you for your interest in Gold Wealth Management. We take great pride in educating and addressing any questions or concerns you may have in regards to the declining dollar, inflation and government spending. We offer a wealth of information that will be beneficial in helping you make...

EDUCATION

Gold Wealth Management offers a complete library of books, DVDs, CDs, and Special Reports completely FREE of charge. Our mission is to provide you with a basic education of the precious metals market so you can make informed decisions when it comes to protecting your wealth...

ASSET PROTECTION

Gold Wealth Management offers all forms of physical gold, silver and platinum. Precious metals are your insurance policy against the declining dollar and inflation. Unfortunately it’s the most overlooked and missing sector from portfolios. In these turbulent times why would you not protect...

Spot Prices

[Most Recent Quotes from www.kitco.com]


[Most Recent Quotes from www.kitco.com]

FINANCIAL NEWS

Don't Like a Weak Dollar? Might as Well Get Used to It

Weakness in the US dollar, which is causing everything to go up—including gas prices, food and stocks—is unlikely to go away soon as a selling frenzy hits the currency market.

The greenback is approaching pre-financial crisis lows and threatening to smash through its all-time low when measured against the world's predominant national currencies.

A combination of factors accounts for the weakness, with the Federal Reserve's easy-money policies, huge national debts and deficits and the consequential possibility of a debt downgrade because of the financial mess in Washington leading the way.

In short, as trader Dennis Gartman noted Thursday, "the rout of the US dollar" is in full effect.

"Panic dollar selling is setting in," Gartman, a hedge fund manager and author of "The Gartman Letter," wrote in his daily commentary. "This may carry farther than any of us dream of or, worse, have nightmares of."

How low can it go? Read More

Federal Borrowing on Pace to Hit Debt Limit in Less Than Week

As set in a law passed by Congress and signed by President Barack Obama on Feb. 12, 2010, the legal limit on the national debt is $14.2940 trillion. As of the close of business Tuesday, according to the Daily Treasury Statement released at 4:00 pm today, the portion of the national debt subject to this legal limit was $14.268365 trillion. (The total national debt, including the portion exempted from the legal limit, was $14.3205 trillion.)

This left the U.S. Treasury with the authority to borrow only an additional $25.635 billion before it hits the statutory debt limit.

On April 4, Treasury Secretary Timothy Geithner sent a letter to Senate Majority Leader Harry Reid (D.-Nev.) in order to warn Congress that the Treasury was approaching the legal debt limit. In an appendix to this letter, Geithner pointed to the rapid pace at which new debt was accumulating. Read More

Be Your Own Central Bank; Own Gold, Silver: Marc Faber

Famed investor Marc Faber, Editor and Publisher of The Gloom, Boom & Doom Report said investors "should be their own central banks and gradually accumulate gold reserves as a currency", rather than speculating in gold.

According to Faber once the Federal Reserve's quantitative easing ends in June, the central bank will come under pressure to announce another round of easing, or QE3. While he acknowledged the greenback may see a temporary rally, he said long-term the dollar would to continue to decline. Click here for more.

"The value of the U.S. dollar will be precisely its intrinsic value — namely zero, precisely zero," said Faber. That in turn would boost demand for gold and silver. Read More



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