If there’s one thing that concerns everyone it’s a threat to their capital.
The fourth iteration of the Central Bank Gold Agreement (CBGA) has just been signed.
China is about to step on the gas and boost bank lending once again.
If you own gold, or are thinking of buying some, here’s something you need to consider…
It’s not all the same.
If you’ve been counting on your pension, whether from work or even Social Security, you may want to revise those plans, as most are way underfunded.
Since the early 1970s, most major oil deals have been transacted in “petrodollars.”
But that system has become increasingly challenged in recent years.
The conflict in Ukraine right now has only served to exacerbate things.
In his recent State of the Union Address, President Obama unveiled something new: a retirement savings account to “help” Americans build a nest egg, coining it the “MyRA.”
The U.S. dollar has been the world’s de facto reserve currency for almost 90 years.
But this financial dominance may be nearing its end.