Monthly Archives - September 2017

Currency Wars

Renewed Talk of Currency Wars in Aftermath of Jackson Hole Meeting

In the aftermath of the Kansas City Fed’s annual Jackson Hole conference, there has been renewed discussion of a potential currency war. Central banks responded to the financial crisis by pumping trillions of dollars worth of liquidity into the financial system. It wasn’t just the Federal Reserve that engaged in those policies of quantitative easing – the Bank of England, Bank of Japan, European Central Bank and others did the same thing. Those QE policies served to weaken currencies, but [...]

money and gold bars

The Many Advantages of Investing in Gold

If you’ve ever read mainstream financial advice, you’ll notice that gold is hardly ever mentioned as an investment asset. At best, you might find some advisers who recommend holding 4-5% of a portfolio in gold, or more likely in a gold ETF or gold index fund. Most advisers look down their noses at gold, repeating the old saying that gold is just a barbarous relic. Investors who don’t know better follow the advice of those “experts” and miss out [...]

stock market crashing

US Stocks Stumble Out of the Blocks Post-Labor Day

US stock indexes tumbled today, posting their worst losses in nearly three weeks. There were a wide number of reasons for the fall, starting with the slide in financials. The Dow Jones Industrial Average dropped by 234 points, with 55 points of that loss coming solely from the drop in Goldman Sachs’ share price. Bank stocks overall were down over 2% on numerous exchanges. Continued policy uncertainty within the White House played a role too, as news that one of [...]

breaking open piggy bank with hammer

Is Your Retirement Portfolio Crash-Proof?

Many Americans put money into their retirement accounts and never bother doing anything more than briefly looking through their annual statements. They are the very definition of passive investors. But in the event of a market crash, those passive investors will lose significant amounts of their savings. Given that stocks and bonds are well into bubble territory right now, this is the time for concerned investors to begin taking a look at their portfolios and determining how they can [...]