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According to some people who lived through it, the Great Depression wasn’t all that bad as long as you had a job The problem was that many people didn’t have jobs But there’s a kernel of truth...
At the beginning of the 20th century, Argentina was one of the world’s ten richest countries The country was so wealthy that “rich as an Argentine” became a common expression But over the...
Inflation may not be making headlines today like it was back when it was 9%, but it hasn’t gotten any less problematic either At just under 5% official reported inflation according to the consumer...
Question: which country recently announced its first sale of a gold-backed currency You might think it’s China, which has been consistently adding to its gold holdings for years Or maybe Russia,...
Things appear to be coming down to the wire in the latest debt ceiling negotiations, as the US government may be within weeks of running out of options for avoiding default Now both sides are...
It seems there are two things today that many bank depositors fear most: a collapse of the banking system, and the introduction of a central bank digital currency A banking collapse is an...
The term stagflation conjures up images of the 1970s, long lines at gas stations, and price controls For most Americans, their only knowledge of stagflation is from history books And even many older...
Only days after our warning that the US banking system wasn’t out of danger, another major bank failure ensued, as First Republic was seized by regulators and sold to JPMorgan Chase over the...
As long as the sky doesn’t appear to be falling, it seems as though most people go through life oblivious to the threats facing them That includes the threats facing their finances as a result of...
More and more Americans today expect the economy to fall into recession this year A recession wouldn’t be surprising, as the economy has faced headwinds for a while and has been on the cusp of...
Many people were understandably shocked a couple weeks ago when the US experienced the 2nd- and 3rd-largest bank failures in its history But with the Federal Reserve stepping in to help lend money to...
With so much focus on inflation over the past several months, or worsening economic productivity, or mounting job losses in the tech sector, who would have thought that the most acute problems in our...
Is your money at risk To say that the events of the recent bank bailouts are unnerving is a bit of an understatement Even those of us who expect a major recession or financial crisis to occur have...
While the sale of Credit Suisse to UBS may have assuaged some fears about the international banking system, there are still numerous weaknesses that the past few weeks have highlighted In the US,...
If you still have PTSD from the 2008 financial crisis, the events of the past week can’t have been very pleasant for you With the 2nd- and 3rd-largest bank failures in US history having just...
To say that events of the past few days have been shocking and unnerving is a bit of an understatement Even those of us who expect a major recession or financial crisis to occur have been startled by...
One of the most encouraging things when it comes to the silver market is the increasing use of silver in new technology It’s well known among most silver users and investors that solar panels...
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