The key is to understand why real median household incomes continue to decline and then how to correct it. It all comes back to financial policies that incentivize investors to avoid economy-boosting investments and toward financial investments that have no economic benefit. The result is a narrowing of income distribution exasperating the down spiral, while […]
The holiday shortened Thanksgiving week looks like it could be an important one. The Dec COMEX month is upon us and there are only 3 days left before first notice with 126,000 contracts still outstanding. This translates to 12.6 million ounces which will surely shrink over the next 3 days but the question is “by […]
SHANGHAI, Nov 21 (Reuters) – The Shanghai Futures Exchange(SHFE) may price its crude oil futures contract in yuan and usemedium sour crude as its benchmark, its chairman said onThursday, adding that
For several years, financial analysts, primarily those outside the mainstream of academia, have been warning that any day could be the black swan event that col
..the U.S. debt surged a record $328 billion in one day, the first day the government was able to borrow money….
“When are gold and silver prices going to go back up, if ever?” This question, or variations of it, is the most common inquiry made of coin dealers today. As of the COMEX closes Monday, the price of gold is down over 28 percent and silver almost 44 percent from October 4, 2012. Results like […]