St. Joseph Partners is a service provider to individual investors and institutions focused on physical gold, silver and the precious metals.
Why did we choose the name St. Joseph Partners?
In a world where investment success is often fleeting, millennia after his death, Joseph’s role in finance remains intact as one of history’s oldest recorded gold custodians. History also points to Joseph’s ability to navigate a treacherous political landscape, knowing when to exit his homeland and when it was safe to return home. Joseph likely used gold to fund his family’s journey into Africa, and his gold likely sustained them while there. Early manuscripts described him not as a carpenter but as an “artisan,” suggesting more links to gold. Beyond his use of gold, when political correctness was saying Christianity needed to be removed from every element of America, we wanted to stand up against that mantra alongside our fellow believers in America. We trust that if we witnessed it in some small way, The Lord would honor our faith, and others may be encouraged to bring Christianity back to everyday life in America.
Why we choose this narrow vertical within finance.
Like our clients, while we hope for an ever-higher stock market, even greater real estate valuations, and fixed-income markets returning to all-time highs, it is not wise to risk all of one's wealth on the notion of hope. We believe in a well-balanced portfolio for the ups and downs of the markets and that investors need to recognize that a portfolio is not balanced or diversified if it doesn't contain exposure to assets that are uncorrelated. Gold is virtually the only liquid asset inversely correlated to stocks and bonds, hence its unique role in finance as a diversifier and wealth preservation tool during times of correction.
We, too, are enthusiastic about a brighter future triggered by the tax cuts and are optimistic about the potential impact of reduced regulation on business. We know by looking at history, though, that market cycles come and go, wealth is created and destroyed very quickly, and the long-term view with a balanced approach is much better than an algorithm written by a Wall Street trader. This long-term view would encourage us to buy “insurance” when insurance is cheap. Things are cheap when there is minimal interest, and in 2019 according to the US Mint, physical gold demand hit a fifteen-year low. Regarding precious metals, we are in that period of investor allocations today, with less than 1% of Western wealth in physical gold. Americans buy health insurance, life insurance, auto insurance, and homeowners’ insurance among insurances.
Insured and Audited Vaulting of Metals
Wealth Protection Through Physical Precious Metals
Delivery and Logistics
Let us help you protect your assets.
Gold is technically not insurance. Gold makes no promises, and you may lose money when investing in gold and precious metals. But in some circumstances, gold has something equally valuable: precedent ... because gold has preserved wealth in times of financial stress. Until recently, Wall Street tech darlings have tripped the light fantastic trading at nearly 100x free cash flow. Many other bellwether investments today also sport valuations that, in hindsight, have been cautionary flags. Given the valuation backdrop combined with macro concerns and unprecedented global debt issues, gold’s uncorrelated status may make a lot of sense as a portfolio diversifier for you. Whether you look at 1987, 2001, 2008, or other periods where high-end financial valuations were corrected, gold has proven an attractive allocation. The more intense the correction, the more valuable gold has been, as was witnessed during the Great Depression when stocks traded down more than 80% from market highs while gold closed out the depression worth 70% more than it was before the great crash.