The Federal Reserve Board recently published the minutes of the May 2-3 meeting of the Federal Open Market Committee (FOMC), giving an insight into the thinking of Federal Reserve policymakers regarding the strength and health of the economy.
The World Gold Council, a trade group for the gold industry, published in early May its report on trends in gold demand for the first quarter of 2017. The report is well worth reading, as it contains numerous insights that could help gold investors. Investment Demand for Gold The highlight of the report was that inflows of gold into exchange-traded funds...
When taking a new job, it’s tempting for many workers to cash out their 401(k)s and take what could be thousands of dollars of cash...
The Federal Reserve Bank of New York announced last week that total US household debt has just risen past levels not seen since the 2008 financial crisis...
One of the major issues facing the United States country is the national debt. It’s currently at nearly $20 trillion and growing every day. And while politicians have railed against the debt for decades, it continues to increase. You may think, this isn’t my debt, it’s the government’s debt and it doesn’t affect me. But is that true?
"A large number of parents and grandparents are putting themselves into debt to finance college educations, and this means they have less money available to look after themselves for retirement..."
As anyone who’s turned on the news recently knows, the past few weeks have been somewhat tumultuous. Political turmoil lurks around every corner, and there may be several international scandals brewing...
"The US dollar took a plunge this week in the aftermath of the political turmoil that engulfed Washington..."
Gold prices surged this week amidst ongoing turmoil in the stock markets. The political drama in Washington surrounding President Trump has markets on edge and investors jittery. But while stocks saw large daily losses, gold cemented its status as a safe haven, at one point seeing a $50 increase over last week’s prices.
Stock markets have been on pins and needles the past several days as more and more bad news continues to leak out of the White House. From allegations of passing intelligence to the Russian Foreign Minister, to the ongoing search for a new FBI director, to reports of a major shakeup of senior White House staff, news reports coming...