GDP Forth Quarter Drop
Figures for October, November and December of 2012 show a Fourth Quarter Drop and that the U.S. economy fell a surprising 0.1 percent instead of the 1.0 increase expected. How many trillions have we pumped into helping the economy? The…
Consumer Confidence or Consumer Skepticism
When does consumer confidence turn into Consumer Skepticism? Perhaps it is not so much a point in space as a direction. Last month we may have experienced just such a move. The official Conference Board Consumer Confidence Index fell to…
Expanding Your Personal Gold Reserves
Sometimes in determining what ones Personal Gold Reserves should be it is informative to review what large nations are doing. It has been recently learned that Russia and Kazakhstan have increased their gold reserves in December as the yellow metal…
Economic Troubles
Watching the constant Economic Troubles of the United States is sometimes like viewing a yo-yo contest. It’s up, it’s down, then it goes into some odd gyration which you hope it will pull out of. This back and forth and…
Sound Money Vs. the Pitfalls of Stocks, Bonds, and Other Debt Instruments.
Gold and Silver are sound money. They have been for thousands of years. From the ancient Romans to the Chinese dynasties, history tells us that gold and silver have been a trusted currency around the world throughout human history. Why?…
President Obama Starts Fresh Negotiations for US Debt Ceiling
Freshly reelected President Barrack Obama recently kick-started negotiations for debt ceiling. However negotiating over the ceiling amount does not seem like a preference for him! And his current stance has fuelled the prospects of the new intriguing option for paying…
Gold Exodus from Afghanistan
Afghanistan, one of the poorer nations in the world, is witnessing a sharp exodus of gold to Dubai and other nations, according to the New York Times. Noorullah Delawari, the governor of Afghanistan’s Central Bank has termed the recent spike…
US Could Reach Debt Ceiling Faster than Expected
Things are not looking too good for the prevailing American debt crisis scenario. The worse is clearly round the corner.According to the facts furnished by a fresh report generated by the Bipartisan Policy Center; the country just has a time…
Americans to Pay Higher Taxes despite New Tax Package
The tax package passed by the US Congress on the New Year’s Day will protect a majority of Americans from an income tax increase. However, Americans will still have to pay higher federal taxes in 2013 due to the expiry…
Bernanke Bigger Threat to Economy than the Fiscal Cliff
Euro Pacific Capital CEO Peter Schiff has said that the ultra easy monetary policy being followed by the US Federal Reserve for the past five years is more challenging for the US economy than the fiscal cliff. Schiff who has…
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