Corporate Stock Buybacks Still at Record Highs: When Will the Bubble Burst?
One of the most frustrating things for investors to see today is that, despite the fact that the US economy is rapidly heading towards recession, stock markets remain at unusually high valuations. While those investors who have already invested in gold to protect their assets are happy about gold’s performance, especially as stocks have plateaued in recent months, they’re...
Rising Healthcare Costs in Retirement: Are You Prepared?
The secret to a comfortable retirement is to have more money on hand in retirement than you end up spending. But that’s not always easy to do, and every retiree’s greatest fear is running out of money in retirement. That means that to really be secure in retirement you’ll have to build up as large a nest egg as...
New Front in Trade War Is Bad for Europe But Good for Gold
With the World Trade Organization ruling that the European Union unfairly subsidized Airbus, a new front will soon be opening in the worldwide trade war. The United States will now be able to retaliate against the EU by placing tariffs on EU goods. But that isn’t a victory for US consumers, who now will face higher prices on many...
Gold to See Price Growth in Coming Weeks as Chinese Demand Rebounds
Gold has seen a slight retrenchment in price this week as China begins its “Golden Week” surrounding the October 1st national holiday. This period of travel and holidays sees a slowdown in the Chinese economy, which as the world’s second-largest results in an impact on many world markets. Among those is the gold market, which for the last several...
The End of the CBGA Is a Win for Gold
For over 20 years central banks around the world have collaborated in planning sales of gold through the Central Bank Gold Agreement (CBGA). Central banks at the time of the agreement’s adoption were net sellers of gold, but the sale of gold by any individual central bank would have depressed the price of gold, thus leading to lower prices...
China’s Massive Money Creation Is a Threat to the World Economy
So much focus has been placed on China’s economic growth and its role as a major trade partner, but relatively little focus has been placed on how that has come about. China’s economic growth is in large part due to money creation, meaning that its enormous economic growth is ultimately unsustainable. Some of that monetary creation has been the...