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.
Fundamental drivers for gold are so numerous I hardly know where to start.
So-called “bail-ins,” which give banks the right to dip into your savings to pay for their lousy financial decisions, have been on the table for years, ever since Cyprus tested the idea.
On December 23rd, the Federal Reserve will turn 100 years old.
We can look back on its few successes… but its many failures far outweigh any positives it may have achieved.
What’s at stake now is the Fed’s future. And it looks bleak.
“You never let a serious crisis go to waste… It’s an opportunity to do things you could not do before.” -Rahm Emanuel
The once unthinkable is quickly becoming probable.