Fed Chairman Powell Is Trying to Juice Stock Markets: Will He Succeed?
Federal Reserve Chairman Jerome Powell is probably shaking in his boots right now. Taking over from Janet Yellen in 2018, he inherited a bubble economy created by his two predecessors that is now on the verge of bursting. His legacy as a chairman will be judged by how he is able to juggle what is by now an all...
You Can Never Have Too Much Money Saved for Retirement
It may seem like an obvious truth that in order to retire you need to save enough money to afford to live the lifestyle to which you’ve become accustomed, but millions of households don’t save enough money. Whether it’s not saving enough each month, not starting to save early enough, or making bad investment decisions that fail to maximize...
Bloomberg: Global Gold Demand Remains Strong
With recent weakness in stock markets and uncertainty about the direction of the world economy due to the likelihood of a trade war, gold demand remains strong throughout the world. The reasons for that demand vary widely based on region, but no region is exempt. According to a recent Bloomberg interview with gold analyst Joshua Rotbart, some of the...
The Trade War Is Heating Up: Good News for Gold Investors?
There seems to be no stopping the trade war that has ensued with President Trump’s decision to seek a better deal from the US’ trading partners. With 25% tariffs on Chinese imports set to go into effect, Trump recently shocked markets with his declaration of a new 5% tariff on all imports from Mexico. If Mexico fails to act...
Theresa May’s Resignation: Bad for Britain, Good for Gold?
The resignation of British Prime Minister Theresa May has thrown the UK into turmoil. In the midst of trying to exit the European Union, the country now has to select a new Prime Minister to lead the Brexit process. With the British public continuing to support Brexit in large numbers, it appears that Brexit is a done deal. The...