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For many years, gold has been portrayed as an investment only entertained by a small group of cranks or believers in the Apocalypse. This was a calculated portrayal by Wall Street and an overly compliant media. The truth is, … Continue reading
To say that gold has done well in the first quarter of 2016 would be a tremendous understatement. Not only has gold outshined every other asset class since January of 2016, including stocks, bonds and oil; but the yellow metal … Continue reading
“The U.S. Department of Defense has been named the largest employer in the world with 3.2 million employees on its payroll, according to the World Economic Forum. The second largest is China’s People’s Liberation Army with 2.3 million on … Continue reading
“The International Monetary Fund dramatically raised the stakes in Greece’s stalled debt talks on Thursday, announcing that its delegation had left negotiations in Brussels and flown home because of major differences with Athens.”
“Russia’s third-largest oil producer, is now settling all of its crude sales to China in renminbi, in the most clear sign yet that western sanctions have driven an increase in the use of the Chinese currency by Russian companies.”
The Federal Reserve should delay raising interest rates until the first half of 2016, the International Monetary Fund said as it cut its U.S. growth forecast for the second time this year.
“The greatest potential threat to America’s national security involves Beijing, not Iran or “radical Islam.””
“The world economy is in serious danger of falling into another recession — and if it does, governments have few tools left at their disposal to combat it.”
Russia has resumed stockpiling gold after suspending purchases in the first two months of the year, as the central bank prepares to cut borrowing rates.
Published: Sunday, 14 Jul 2013 | 9:00 AM ET By: Matt Twomey | CNBC.com Writer/Editor If the Federal Reserve begins pulling its irons out of the stimulus fire in September, the resulting rocketing of the dollar and accompanying deflation will … Continue reading