Fed Chairwoman Janet Yellen has been hinting for close to a year now that the Fed will finally raise rates. Everyone is afraid that will mean tanking gold prices.
With the crunch on, cash suddenly became extremely valuable. That was duly noted by central banks the world over.
Invest to Protect Your “Money in the Bank”
“Like money in the bank” was once a phrase for something safe, predictable, and reliable. Like holding money in the bank. Lawmakers worldwide at the highest levels are currently transforming banking laws, and depositors are footing the bill for their ill-advised monetary maneuvering. It’s one overwhelming, scary trend. But if we understand what’s happening, we […]
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Only politicians and some Keynesian economists could convince themselves – along with a good portion of the masses – that more debt is the solution to the world’s already crushing levels.
Geithner allowed the country’s big banks to become wards of the state (which they are to this day) that can suck up and spit out taxpayer money as they see fit.
With mid-generation baby boomers just entering the retirement wave, their ability to stop working is a hot topic that’s getting hotter. Study after study questions the ability of public and private pensions to meet the needs of retirees.
Last week, the European Central Bank’s turn finally came to announce large scale quantitative easing.
As the continent witnesses a battle between deflation and attempts at inflation, will it finally be enough?
Europe is following in the footsteps o…