The price of gold turned sharply higher Wednesday, aided by a weaker US dollar, and the precious metal is now running into a cluster of resistance which may prove tricky…
Can we face a bear market even if the economy booms? Yes, but it would be rare.
Is there a difference between inflation or reflation, and whatever this is? Not mere semantics, it may be everything for what the future ultimately looks like.
Monetary policy under a discretionary central bank is ineffective and unlawful. It is ineffective because it does not accomplish its intended goal, which is macroeconomic stability.
Alarming Demographic Trends.
Many are surprised to learn that famed central banker Alan Greenspan has been a longtime supporter of the gold standard. But the record is clear.
You’d think Larry Summers would know better. Not that he stepped in it, again, but rather why he did this particular time.
Our nation is not doing well at limiting infections and deaths from COVID-19. Perhaps we can say, “Well, we did better than Belgium, Italy or Spain.”
Working hours for the average worker have decreased dramatically over the last 150 years.
With small business owners struggling under the weight of lockdown orders, Los Angeles and New York City drew intense criticism recently for closing restaurants again.