A question we get daily is why are precious metals prices going down if inflation is so high? The simple answer has everything to do with the rise in interest rates. The YTD US dollar index is up a staggering 15%, while gold is down over 7%, and silver is down double that. What does…
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As our once mighty economy of a couple years ago sinks deeper into the abyss, people nationwide are struggling to make ends meet. This financial crisis is a gut punch to the middle class otherwise known as the heartbeat of America. The Federal Government and its fiscal policies have put millions into financial peril. To…
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There are several key factors that will impact the price of gold bullion in 2022. As the US dollar lunges ahead and Wall Street roars, inflation is outta hand with consumers paying a huge premium for the basic necessities. The Federal Government explains with a chuckle the inflation we are seeing is only temporary or…
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How can a sophisticated nation like Cyprus get away with taking 40% of its citizens money legally? Cypriot banking ministers and government leaders say they had little choice but to take action and prevent a catastrophic collapse of their banking system.
DetailsAny way you slice it the spot light is and will remain on the Federal Reserve Bank, and its attempt at a soft landing from its current “easing” program. If they shut off the stimulus altogether, Wall Street would crumble under the weight of insolvent companies that are highly dependent on Uncle Sam`s cash handouts,…
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