First Quarter GDP Growth Revised Upward, But Still Low
The US Commerce Department’s Bureau of Economic Analysis (BEA) recently revised its estimate of the US economy’s growth in gross domestic product (GDP) upward...
Analysis of Minutes of the Federal Reserve’s May FOMC Meeting
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.
Gold Demand Trends of 2017
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...
How Draining Your 401(k) Could Cost You
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...
Household Debt Exceeds 2008 Peak
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...
Ron Paul On National Debt Effect
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...
Retirement Fund Withdrawals: How Parents Are in Debt from Their Children’s Education
"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..."
Troubled Times Are Times to Invest in Gold
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...
Dollar Plummets Amid US Political Turmoil
"The US dollar took a plunge this week in the aftermath of the political turmoil that engulfed Washington..."
Gold Prices Surging Amidst Ongoing Stock Market Turmoil
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...