If you think gold GC00+0.69% has jumped about 10% in a couple of days to $1,638 an ounce, the official price quoted on Wall Street, think again. The real price? Nearer $1,800. If you can get it. “There’s no gold,” says Josh Strauss, partner at money manager Pekin Hardy Strauss […]

Rising economic inequality and how to address it has been one of the most important issues in the United States since the Great Recession ended in 2009. Rising inequality has spurred a powerful left-wing economic movement that kicked off with Occupy Wall Street in 2011, led to the 2016 presidential […]

As the global coronavirus pandemic wreaks economic destruction around the world, the U.S. government has taken a number of dramatic steps to keep money moving through the U.S. economy. The Treasury Department on Friday announced that it would postpone the deadline for filing 2019 income taxes to July 15, from […]

I believe optimism will eventually triumph over prevalent pessimism. THE financial world is a mess, both in the United States and abroad. Its problems, moreover, have been leaking into the general economy, and the leaks are now turning into a gusher. In the near term, unemployment will rise, business activity […]

The academic best known for coming up with the idea of the VIX — also know as Wall Street’s fear gauge — says that the fear looming over the markets now is far greater than the fear we faced in 2008. Dan Galai, a professor at the Hebrew University of Jerusalem told Bloomberg: “The […]

Notably, Euro Pacific Capital CEO Peter Schiff said he believes the Federal Reserve will do whatever it takes to reinflate the bubble after Wall Street collapsed this week in a bear market. And things are certainly very bad right now, even casual observers are generally aware that stocks have fallen […]

Electrek obtained a new chart that Tesla is using to explain all the differences in its growing S3XY electric car lineup as it expands with Model Y. Tesla used to just sell one model at a time. At first, it was the Roadster, and then Tesla discontinued it and was […]

Certainly, the decision was made by the EU Finance Ministers at the meeting of the Economic and Financial Affairs Council (ECOFIN) in Brussels in the morning. Bermuda’s global industrial groups have welcomed the news and applauded the Bermuda government’s efforts to ensure a successful outcome. Likewise, the private sector worked […]

2020 is expected to be another year of great uncertainty and turmoil. But the question is which asset will be victorious when the dust settles in the global trade war, Brexit, recession threats, negative bond yields. It is certainly a confrontation of global proportions. Certainly, gold and silver prices are […]

Reed Hastings was sitting in his office in California when the telephone rang. It was the phone call he’d been waiting months for. The voice on the other end said yes, the boys at Blockbuster would finally meet with him. But only if he’d be at their Dallas office at […]