Gilded
Update: Gilded originally published this blog in April 2022. The recent failures of Silicon Valley Bank, Signature Bank, and Silvergate Bank merit revisiting this research. One reason Gilded clients seek our solution is that direct ownership of physical gold held…
Gold: Looking Back at 2022 and Ahead to 2023 “January looks forward to the new year and back to the old year. He sees past and future.” – M.L. Stedman1 The first month of the calendar year takes its name…
How Does Gold Refining Work? Gold is a centuries-old precious metal and store of value highly regarded across various cultures worldwide. But seldom do people know or understand the process of forming the final gold product, be it a bar,…
Examining Inflation Measures Having examined the main inflation measures, it is worth keeping in mind that these are statistical measures which necessarily rely on assumptions and methodological choices. These determinations can at times understate inflation levels. Moreover, the actual inflation…
The Eroding Purchasing Power of Cash Since the U.S. abandoned the gold standard in 1971, inflation has become a staple of our global economy. Even at low levels, it erodes the purchasing power of money. Family offices tend not to…
Five Thousand Years of Gold Gold is a hardy perennial that is arguably the oldest store of value and means of payment, dating back thousands of years. This remains true today, with central banks across the globe holding gold as a significant…
Despite the documented inflation measures, inflation is enigmatic, difficult to measure, and even harder to predict. This is true for the uninitiated, market professionals and policy experts alike. The current chair of the Federal Reserve, Jerome Powell, serves as a…
Year-to-Date Market Returns With the first half of 2022 behind us, this is an appropriate time to reflect on returns and the relative performance of the asset classes that comprise many investor portfolios. Indeed, the markets broadly have struggled to…
Real yields offered by any given investment is plain to see in either print or online media. Expressed as a percent, usually annualized but sometimes calculated differently, the stated yield is a rate of return that an investor can expect…
