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Federal Reserve Holds Rates But Sees 3 Cuts in ’24 Despite Inflation.
- March 26, 2024
- Posted by: Erman Ebren
- Category: Buy Gold, Government
No CommentsAt its March meeting, the Federal Reserve left its key interest rate unchanged at a 23-year high of 5.25% to 5.5% for a fifth straight meeting, but stuck to its forecast of three rate cuts this year despite signs that inflation may stay elevated longer. The decision means that Americans will continue to pay higher
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What Happens When a Government Prints Money?
- November 1, 2023
- Posted by: Agbaje
- Category: Buy Gold, Coins, Currency, Government
The idea of a government printing money might conjure images of wealth instantly flowing into an economy, alleviating financial strains. However, the process and implications are far more intricate. Printing money, known technically as “quantitative easing,” is a double-edged sword with potential benefits and detriments. Let’s delve deep into the mechanisms and outcomes of such
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Everything You Need to Know About Fort Knox
- October 30, 2023
- Posted by: Agbaje
- Category: Gold, Gold IRA, Government
Fort Knox, synonymous with impenetrable security and vast treasures, has long captured the imagination of many. Located in Kentucky, this vault holds a significant portion of the U.S. gold reserves. Let’s delve into the depths of Fort Knox, its history, its role in safeguarding America’s gold, and the myths surrounding this iconic facility. The History
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Jaime Dimon Shares Concerns Over Potential U.S. Debt Default
- May 17, 2023
- Posted by: brian
- Category: Government
On May 11, JPMorgan Chase President and CEO Jamie Dimon warned that U.S. markets will be gripped by panic, as the U.S. approaches a possible default on it sovereign debt and that such an event would ripple through the entire financial world. Specifically, he said, “The closer you get to it, you will have panic
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What Does MS70 Mean, and Why Is It Important?
- April 26, 2023
- Posted by: Agbaje
- Category: Coins, Government
If you are a coin collector, investor, or someone interested in coins, you might have encountered the term MS70. This article aims to provide an in-depth understanding of the term MS70, its significance, and its implications for coin collectors and investors. We will discuss various aspects of MS70, including its meaning, special features, value, and
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Where is the world’s largest known stockpile of gold?
- January 4, 2023
- Posted by: Agbaje
- Category: Buy Gold, Gold, Government, Investment
The United States Bullion Depository keeps the most incredible stockpile of gold at Fort Knox, Kentucky. The United States Mint runs the repository, maintaining the bulk of the nation’s gold holdings there. According to the United States Mint, the repository now houses over 147.3 million ounces of gold worth more than $190 billion. The gold
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More than $40 trillion of retirement savings is at risk.
- October 13, 2021
- Posted by: Erman Ebren
- Category: Government
It’s Time for Precious Metals to Shine, Again! In spite of political infighting and a bipartisan reluctance for rubber stamping Biden’s spending agenda, the economy is contracting at a record pace. Holding down expenses at the expense of economic progress is getting more expensive, daily. The result is increasing unemployment, in spite of plentiful jobs
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Debt Bomb Setting Up to Pressure Dollar, Market and Interest Rates!
- September 29, 2021
- Posted by: Erman Ebren
- Category: Government
President Biden says that only $6 trillion of the $8 trillion infrastructure spending over the next decade will be borrowed. However, The New York Post suggests it will be more, particularly because Biden’s expanded child tax credit is supposed to expire within a few years, but Democrats intend to make it a permanent policy
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The Global Debt Is Out of Control!
- June 10, 2020
- Posted by: Orkan Ozkan
- Category: Government
After taking an early lead in the Democratic primaries, Bernie Sanders, Elizabeth Warren, and their “socialist” plans for America ran aground. All the talk of free college, college debt forgiveness, and Medicare-for-All quickly became a distant memory for most Americans. Nevertheless, the coronavirus pandemic caused Congress and the Fed to crank up the printing presses
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Mid-Term Election Results Reinstate Potential for Economic Gridlock and Recession
- November 9, 2018
- Posted by: Orkan Ozkan
- Category: Government
The Trump Administration has done everything in its power, to facilitate a reduction of business-related regulatory encumberments, in order to empower the economy to spread its wings and flourish. Democrats however, see it as a green light for business to run amuck in an open field, pointing to the fact that public companies borrowed $1.8
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