Trump Tariff Escalation Risks Igniting Further Trade War
With President Trump’s decision on Friday to raise tariffs on $200 billion of Chinese imports from 10% to 25%, the stakes in the trade war with China just got higher. Trump’s move came while a Chinese delegation was in Washington negotiating a trade agreement, thus scuttling any chances of a successful resolution. China now feels like it has its...
MMT’s Popularity Means Gold Is More Necessary Than Ever
Along with the Democratic takeover of the House of Representatives has come renewed attention towards a monetary theory beloved by many Democrats and their allies, including Bernie Sanders. That theory, Modern Monetary Theory (MMT) posits that a government cannot ever default on its debt because it can just print money to pay off that debt. Even worse, MMT proponents...
The Many Different Ways to Invest in Gold
By now many investors are aware that stock markets aren’t going to continue rising above their all-time highs. The meteoric rise of the past few years is unsustainable, which is why markets continue to push towards but never break through their previous records. The only way from here is down, with a massive correction on the horizon before markets...
Gold Price Could React to New Inflation Data
With new inflation data coming out this week, the gold price could see a bullish rise if inflation picks up. While official inflation rates always underestimate the actual price increases that most people see, indications of rising inflation could send more investors piling into gold. CPI data from March indicated an 0.4% increase, double the increase that was seen in...