Recent Press
Gold: Inflation Expectations to Push the Yellow Metal up Against USD – iTrustCapital
“Gold is assumed by asset allocators to have a negative correlation to US large-cap stocks – making gold a GREAT diversifier for most investors' long-term portfolios. It is no wonder gold prices are going up versus the dollar and other currencies."
Survey Finds 71% Of Crypto Asset Investors Prefer Institutional Custody, Citing Concerns Around Security And Death
“I love having the ability to store my own wealth as much as anyone, but using an institutional custody partner is simply good risk management and helps investors know their families can recover their assets in a worst-case scenario” said Anthony Bertolino, Director of Brand and Customer Experience, iTrustCapital.
Exclusive Interview: CEO Todd Southwick: “Physical Gold is an insurance policy”
"All markets have cycles, and many experts believe we are at the end of one and the beginning of another. The transition between cycles is never smooth. Markets crash, Federal banks print, politicians point fingers and the masses revolt."
Is The US Economy Recovering From The Coronavirus? Experts Say It’s Too Early To Declare Victory
University of Chicago economist Austan Goolsbee, former chairman of the Council of Economic Advisers, said May's report was more like a "dead cat bounce."
iTrustCapital Provides Access to Digital Gold Market
"As world governments print ever-growing amounts of money, millions of Americans seek ways to protect their wealth in a system stressing itself to the limits," the company said in a press release.
Wall Street Climbs on Healthcare, Tech Push
“The market believes the worst economic conditions resulting from the coronavirus are behind us,” said Tim Shaler, Chief Economist for iTrustCapital.
US Stocks, Dow Edge Lower after Mixed Retail Earnings
Trillions of dollars in stimulus has helped the S&P 500 rebound more than 34% from its March lows. Although it is now just about 13% below its record high, the pace of the rally has slowed in May owing to uncertainty over the outbreak and rising U.S.-China tensions.
The Close: S&P 500 Stumbles as Moderna Sinks on Report Questioning Trial Results
Major averages fell to session lows in the wake of a report from STAT News that questioned the validity of the results of Moderna’s vaccine trial, which the company had announced Monday. Moderna shares plunged about 10% after the report.
S&P 500 Flat after Mixed Retail Earnings
Trillions of dollars in stimulus has helped the S&P 500 rebound more than 34% from its March lows. Although it is now just about 13% below its record high, the pace of the rally has slowed in May owing to uncertainty over the outbreak and rising U.S.-China tensions.
What Are Some Safe Investment Options Right Now?
iTrustCapital saw new account balances increasing by 78% between March 15 and April 10, many investors are seeking more stable, or "safer," investments for their portfolios.
Bitcoin Halving Effect? Data Suggests People Buying More BTC Since February 2020
The number of Bitcoin wallet addresses holding a minimum of 0.1 BTC ($795 at press time) reached a new all-time high on Monday, a strong indication that new small investors are latching onto the bandwagon or existing Bitcoin hodlers are opening new wallets and stacking up more sats.
CEO CHAT: Todd Southwick, iTrustCapital
Todd Southwick: The real question is, why not trade crypto through IRAs? The ability to trade crypto through IRA accounts conserves two of the most important assets in life—time and money.
Bitcoin Might Rally after Halving Event – iTrustCapital
“Some people are afraid the upcoming ‘halving event’ will be bad for Bitcoin. We believe that fear is misplaced. Thus, to the extent the potential bad event was feared but does NOT come to pass, BTC prices might rally. BTC prices might rally because people currently afraid of the halving event might enter the BTC market after the halving event does not disrupt the BTC market.”
iTrustCapital Survey Results: Most Consumers Save Stimulus Checks for Essentials.
In a recent survey conducted by iTrust Capital, consumers are most likely to spend the money on rent, groceries, or save it for an emergency.
5 Decentralization Trends to Watch in 2020
As decentralization trends in the market grow, expect to see more innovation. For example, iTrustCapital allows people to invest gold and digital assets into a compliant, tax-advantaged and low-cost IRA. For the first time, investors can get exposure to new asset classes in a traditional retirement account.
Investing in a Recession: Active vs. Passive Strategies
Someone who has the time and commitment to learn and understand other asset classes like real estate, gold or digital coins "can add those to her investment portfolio and also research which actively managed international and domestic stock funds are good to buy," says Tim Shaler
Which ‘Investing’ Strategy Works Better in a Recession?
The March market sell-off threw us into a bear market after the longest bull market in history. With the economic downturn, investors might be wondering if they have the best investment strategy implemented for their portfolio.
iTrustCapital: Flight to Alternative Assets Drives 78% Increase in Average IRA Rollover Amount
We are also starting to see the impact of recent layoffs, as the percentage of rollovers from past employee plans is spiking as new clients now have the ability to rollover their retirement plans into an IRA. Unfortunately, based on our modeling, we expect this trend to continue for quite some time due to the economic downturn.
iTrustCapital’s Tim Shaler: Exclusive Interview Held with FX Street
The US might be tempted to depreciate USD when new debt has to be repaid – iTrustCapital “If the US continues to borrow and print new currency for an extended amount of time, whether to get us through this current crisis or the next one, then gold could approach its all-time high value in US dollar terms.”
After Coronavirus. The Fed helicopters in with trillions
From Coindesk article March 27, 2020. The Fed’s trillions could eventually lead to higher inflation. There also might be a renewed outcry that such money injections merely bail out bankers and rich people, with few of the benefits going to the middle or lower classes.
After Coronavirus ‘War,’ Bretton Woods-Style Shakeup Could Dethrone the Dollar
“Eventually we're going to get past this crisis,” said Tim Shaler, a former portfolio manager at the bond fund Pimco who now serves as chief economist for iTrust Capital, which allows clients to buy cryptocurrencies and physical gold through their retirement accounts.
‘We are in a moment of statistical unknown’ – iTrustCapital
People don’t know how the virus is going to spread or how long government lockdowns are going to remain in place, they are hoarding. In financial markets, investors are hoarding cash. “When this crisis ends – and it will end; it’s just a matter of when – all this hoarding will lead to inflation,” Tim Shaler, iTrustCapital
Will Bitcoin Emerge As A Winner? 5 Things To Expect
Tim Shaler, the Chief Economist at iTrustCapital believes, “Investment product prices are driven by investors' demand for future returns for that particular product, which is a function of the overall economy and the possible returns from other products.”
Use a Self Directed IRA to Simplify Cryptocurrency Taxes
One of the early and leading providers in this relatively new space is iTrustCapital, a proprietary online trading platform with a focus on educating investors throughout the investing process, along with providing them with the benefits of trading cryptocurrency within an IRA.
How Do You Maximize the Benefits of Cryptocurrency While Avoiding Near-Term Tax? Consider a Self-Directed IRA
“We are regularly amazed at the number of people who are unaware of the benefits of IRAs,” said CEO Todd Southwick. “It’s not just those in their 20’s and 30’s but across all age groups when it comes to the lack of knowledge of the incredible tax benefits offered by investing through IRAs.”