Government

A central bank, according to a basic Google search, is: “a national bank that provides financial and banking services for its country’s government and commercial banking system, as well as implementing the government’s monetary policy and issuing currency”. The United States’ central bank is called the Federal Reserve, nicknamed “The Fed”. What is the history

Minutes from the U.S. Federal Reserve’s late-July policy meeting released on Thursday were mixed in terms of a possible earlier interest rate hike. Market reactions were mixed as well, as gold fell to a two-week low, bond yields dipped, and stocks and the U.S. dollar fell at first but then rallied. “The hawkish voices within the Fed have become louder. While

We came across an interesting infographic today discussing the dangers of an all-powerful federal reserve. The infographic discusses the consumer price index, fiat money, quantitative easing and the process for who really pays for government loans. Many individuals believe owning physical gold provides safety and security against the declining value of the dollar. If you’d

The Heritage Foundation released a new graphic showing what it would look like if a typical family spent money like the federal government. This creative example describes the type of debt that the government is taking on. Brad Plumer at the Washington Post expanded on this by explaining what else would be true if a fictional

Gold prices jumped today after todays Federal Open Market Committee (FOMC) meeting released their economic projection charts. The economic projection charts display actual and projected values for three economic variables based on FOMC participants’ individual assessments of appropriate monetary policy from 2008 to 2016: 1. Change in Real Gross Domestic Product (GDP)—as measured from the fourth quarter of the previous

It’s been another interesting week for the gold market. Reports on Syria and recent economic data have both had a pull on the yellow metal. Here is a look at this week in gold and what’s to come. Economic Data Spawns Tapering Worries New job data released at the end of the week showed that