Gold Jumps After Fed Blinks, Again, on Rate Hike
Once again the Fed's interest rate saga ended with a whimper. But is it worth asking what they see on the horizon that's staying their hand?
Once again the Fed's interest rate saga ended with a whimper. But is it worth asking what they see on the horizon that's staying their hand?
How could a country blessed with the largest reserves of the world's most in-demand commodity see its economy in ruins? The answer may resonate with your personal portfolio.
A news story about a profitable company's one-quarter slump seems harmless. It's what they're not telling you that makes it personal.
Time was that decades of loyal work meant a corporation expected to help you out in your later years. How did we get to the point where the senior American worker is viewed as a worn-out, replaceable cog—adrift and on your own?
So what if folks in California are priced out, everything's fine where you are, right? Unless our western neighbors are the fading canary in the coal mine of home sales.
Before credit and numbers on a computer screen were considered "real" money, gold was the standard for business transactions. But the fall and rise of the gold clause has created some up-to-the-minute legal drama.
Is it the fact that gold retains buying power when cash doesn't? Or that it's a safe haven in stormy markets? Or is it that gold is the one asset that protects your privacy?
We've said it before: You can't trust Nazis. Now the on-again, off-again Nazi gold train hunt is on again, thanks to two determined treasure seekers.
Did you ever think of mining for gold in your iPhone? Apple did, and netted over a ton of the precious metal, and a super-hefty profit.
It might seem strange to call rising oil prices "good news." But when you realize the dangers falling prices create to our economy and our military, you'll think twice.