Monthly Archives - April 2020

Government Bailouts Help the Profligate, Harm Main Street Investors

This year’s bailouts aren’t the first in US history. From the Chrysler bailout in 1980 to the economy-wide bailouts in 2008 and 2009, the US government has an unfortunate history of stepping in to keep major market players from going out of business. But this year’s bailouts are undoubtedly...

When the Financial Mainstream Calls for $3,000 Gold, You’d Better Pay Attention

Most people realize that mainstream financial institutions don’t like gold. In many cases it’s because they can’t make money selling investors on gold, whereas they can make commissions every time an investor buys or sells stocks, bonds, mutual fund shares, etc. In other cases it’s because they just don’t...

Bank of England Move Means We’re Entering a Brave New World

Along with George Orwell’s 1984, Aldous Huxley’s dystopian novel Brave New World depicted the extent to which future governments would attempt to dominate society. But increasingly the warnings from Orwell’s and Huxley’s novels are not being heeded, and in fact many question whether the powers that be aren’t using...

What the Federal Reserve Is Doing and How It Affects Your Retirement

Most investors know by now that the Federal Reserve has intervened heavily in the US economy over the past several weeks. What they may not realize, however, is just how deep that intervention has become, and how that will affect their retirement. Much of the mainstream media lauds the Fed’s...

Can You Afford the Federal Government’s Coronavirus Spending?

The federal government has already pledged $2 trillion to help households and businesses withstand the pressure placed on them from the coronavirus. But the final price tag could end up far higher, perhaps as much as $5 trillion or more. The national debt was already at $23.5 trillion before the...