Why Own Gold - Recent News Articles - US Gold Firm

Why Own Gold

Disclaimer: The following topics are not US Gold Firms opinions nor are they topics we like to discuss.  However, during a crisis of uncertainty we feel it is imperative to look at all facts that can help one make an informed decision whether, or whether not to own gold.

• Gold to Reach $3,000oz (Bloomberg.com) - 50% Above It's Record, Bank of America Says. Source: https://www.bloomberg.com/news/articles/2020-04-21/bofa-raises-gold-target-to-3-000-as-fed-can-t-print-gold
  
  
• RECORD: (CNSNews.com) - The nation's labor force participation rate reached a 47-year low of 60.2 percent in April, according to the Bureau of Labor Statistics, as the number of people not in the labor force jumped by 6,570,000 to a record 103,415,000. Source: https://www.cnsnews.com/article/national/susan-jones/record-103415000-not-labor-force-participation-rate-sinks-47-year-low
  
  
• UNDERCOUNTED:  U.S. jobless rate likely much higher than 14.7% Labor Dept Says (news.trust.org Reuters). Source: https://news.trust.org/item/20200508150419-07fbf
  
  
• RECORD: (CNSNews.com) - The debt of the federal government topped $25 trillion for the first time on Tuesday, when it climbed from $24,948,983,700,916.84 to $25,057,924,023,406.80, according to data released by the Treasury Department Source: https://www.cnsnews.com/article/washington/terence-p-jeffrey/federal-debt-tops-25-trillion-first-time-jumped-1-trillion
  
  
• JP MORGAN CHASE:  10 YEARS Before economy returns to Pre-Virus Level……… (mediaite.com) Source: https://www.mediaite.com/tv/top-jpmorgan-investment-officer-it-will-take-10-to-12-years-for-u-s-employment-to-get-back-to-pre-virus-level/
  
  
• Fed’s Harker sees second U.S. recession in 2021 if too quick to reopen (Reuters). Source: https://www.reuters.com/article/us-health-coronavirus-fed-harker-idUSKBN22J39B
  
  
• Businesses Struggle to Lure Workers Away from Unemployment (The Wall Street Journal). Source: https://www.wsj.com/articles/businesses-struggle-to-lure-workers-away-from-unemployment-11588930202
  
  
• Mortgage Lenders Tighten Screws on U.S. Credit in Echo of 2008 (finance.yahoo.com). Source: https://finance.yahoo.com/news/mortgage-lenders-tighten-screws-u-080000684.html
  
  
• Stocks lose 7 trillion while Gold climbs…..

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The United States Mint is devoted to the production of beautiful coins, guaranteeing precious metals investors’ satisfaction. Made from some of the finest gold in the world, U.S. gold coins are stricken at the highest, possible quality and begin as 99.99 percent pure gold bars. Each coin is weighed and measured to precision, and each bears an intricate design representative of the American story. From the production of the gorgeous, antique $20 Saint-Gaudens to that of the modern, gold American Eagles in this offer, the United States Mint upholds a standard of excellence across the decades. To own a U.S. gold coin is to own, not only some of the finest, purest gold in the world, but also a piece of American heritage.