Monetary Policy Divergence – What Does It Mean?
The Federal Reserve last week hiked its target interest rate another quarter-point, to 1.0-1.25%. But the world’s other major central banks, the Bank of Japan (BOJ), Bank of England (BOE), and the European Central Bank (ECB), have kept their ultra-low interest rate targets intact...
What You Can Learn From Billionaires Who Invest in Gold
If you want to be successful in investing and accumulate enough money to live a comfortable retirement, sometimes it’s a good idea to take advice from those who have experience in the arena...
FOMC Raises Interest Rates, Sets Path for Balance Sheet Normalization
The Federal Open Market Committee (FOMC) last week decided to raise its target federal funds rate again, to between 1% and 1.25%.
The Forgotten Victims of Puerto Rico’s Bankruptcy
The US territory of Puerto Rico declared bankruptcy in early May. The island’s government has more than $70 billion in debt that it cannot pay, along with $49 billion in unfunded pensions.
Spanish Bank Fails – Harbinger of Things to Come?
Last week Spanish bank Banco Popular was in danger of failing and was purchased by Banco Santander...
Arizona Is Latest State to Adopt Pro-Gold Reforms
Arizona Governor Doug Ducey recently signed into law HB 2014, a bill to eliminate capital gains taxation on gold and silver coins...