News

Regardless of your voting stance come November 8th, could a Donald Trump administration drive up the gold market? This presidential election is one of extremes. There aren’t a whole lot of undecideds left, and many of the nation’s voters are polarized toward their preferred candidate. The Dems have their candidate, the Republicans theirs. But for

Some analysts predict a downturn in gold prices during late 2016, but what are the indicators hinting at? Traditional wisdom has long held that gold represents a solid investment for those who are risk-averse and want to invest in an option that has actual value, not just on a balance sheet, but intrinsically. The gold

Yesterday, the FOMC released their dot plot report, showing economic forecasts, projected interest rates and a policy statement. Shockingly, the investment community was  hanging on every word of the report, searching for some sign or glimmer of hope. I’m not the least bit familiar with the accuracy rating of Punxsutawney Phil, but I’d be willing

The Organization for Economic Cooperation today downgraded their expectations for U.S. economy expansion in 2016 from 2.0% to 1.8% and the Institute for Supply Management released their Manufacturing Purchasing Managers Index Report, which showed a surprising gain of .8% instead of an anticipated loss. Still to come this week are the consumer confidence report, jobless

The U.S. is in an economic mess and its citizens are ready to revolt, as can be witnessed by a visit to any presidential candidate rally, but the sad reality is that the damage has been done and the resulting economic collapse is both inevitable and unstoppable. There are two distinct groups entirely responsible for

It was an eventful week in financial news, with much of the spotlight cast on China’s stock market collapse, the NYSE’s temporary shutdown, and the latest on Greece. Here is an overview. China’s stock market collapses The Chinese stock market has lost about $2.7 trillion in value since it peaked on June 12. About a quarter of