CNBC: More and More Bitcoin Investors Moving Away From Cryptocurrencies and Into Gold
There’s no denying that 2018 was the year of cryptocurrencies. Fresh off a $20,000 high, cryptocurrency enthusiasts had no doubt that Bitcoin would continue to soar. New products such as Bitcoin futures began to be offered, promising to revolutionize the financial world. Alas, those hopes were a little premature. While Bitcoin’s price is still twice as high as it...
Not Even a Government Shutdown Can Stem the Tide of Federal Spending
The federal government reopened this week after the longest shutdown ever. But while most Americans saw national parks and federal museums shuttered and assumed that the rest of the government was closed in a similar manner, that wasn’t really the case. In fact, despite the hundreds of thousands of federal workers furloughed or made to work without pay during...
Palladium May Be the Most Valuable Precious Metal, But Gold and Silver Still Outshine It
If someone had told you last August that palladium would one day be more valuable than gold, you probably would have laughed out loud. Yet here we are, with palladium just barely edging out gold as the world’s most valuable precious metal. From a low of $845 last August palladium has been on a tear in recent months, currently...
Will the Government Shutdown Lead to a Recession?
There’s been a lot of talk about how the government shutdown is harming the economy, with millions of dollars of losses piling up each day. The longer the shutdown lasts, the worse it is for the economy according to this point of view. But is that really true? There are undoubtedly many companies that have been negatively affected due to...
The Government Shutdown Demonstrates the Importance and Necessity of Savings
With the federal government shutdown already record-breaking at over one month in duration, more and more stories are circulating about the harm federal employees and their families are facing. Having already missed one paycheck, federal employees are about to miss a second. And while they will receive back pay once the government reopens, that doesn’t do much to help...