Category banks

alternative investments, banks, In the news

The Davos World Economic Forum is Over: Here’s What Investors Need to Know

Discussions of climate action failure, economic downturn in emerging markets, and an uncertain global trade environment took center stage at the 50th World Economic Forum (WEF) in Davos, Switzerland last week. Wedged into virtually every discussion was the US-China Phase…

Liam Hunt
January 27, 2020

banks

ATMs In Times Of Crisis: 3 Major Crises Where People Couldn’t Get Their Cash From the Bank

For anyone who has watched the Christmas classic, It’s a Wonderful Life, you’ll remember the famous scene – Jimmie Stewart’s beleaguered character “George Bailey” attempting to calm a growing crowd that has descended upon the bank demanding their money. He…

Sarah Bauder
December 13, 2019

alternative investments, banks, Commodities, Federal Reserve, Gold, Investing, IRA

Gold Confiscation: Can the U.S. Government Confiscate your Gold? How to Protect your Stash

Is it possible for the .U.S. government to confiscate your gold? If so, how do you expect to protect your stash in the event that happens? The answer to the first question is yes. The answer to the second question…

Mark T.
December 11, 2019

banks, Federal Reserve, Gold, In the news

Monte Paschi Problems to Persist After Bailout as British Consumers Hoard Cash and Fed Becomes Constrained

The last week of 2016 saw more of the customary turbulence which has become so commonplace in a market-rocking volatile year. Italy’s Monte Paschi Bank may be getting an over 8 billion euros bailout, yet the European Central Bank forecasts…

David Crowder
January 2, 2017

banks, Federal Reserve, Gold, In the news

Fed Raises Interest Rates At Last and No One Cares As All Eyes On Italian Banks and Greece

After a year long hiatus, and for only the second time in ten long years, the U.S. Federal Reserve managed to increase the benchmark interest rates by an underwhelming one-quarter of a percentage point. Markets had been anticipating this action…

David Crowder
December 19, 2016

banks, general, In the news, Investing

China May Be About to Learn the Consequences of Excessive Debt Loads

There was a time when you might well have asked who cares if China’s debt load is excessive? But things have changed so much; China is now the second largest single economy in the world. As we saw last summer…

Gino D'Alessio
March 14, 2016

banks, general, Gold, Gold Info, In the news

China increases official gold reserves by 60%

Following nearly 6 years of radio silence, Chinese officials finally ended years of rampant speculation within the gold community by announcing the country’s official gold reserves increased by nearly 60% to 1,658 metric tons. With their recent announcement, China has…

Andre McCarthy
July 28, 2015

banks, In the news, Investing

Extreme Measures for Extreme Markets

Market instability and volatility is beginning to escalate all over the world. The ongoing uncertainty in Europe and market sell off in China are attracting the headlines at present, but both events are likely the first visible signs of a…

Andre McCarthy
July 10, 2015

banks, Federal Reserve, In the news, Investing

Central Banks Admit They are Powerless to Fight Future Crises

The Bank of International Settlements, widely regarded as the bank of central banks, has issued a stark warning that monetary authorities around the world are growing increasingly impotent and likely to be ineffective in the face of the next economic…

Andre McCarthy
July 2, 2015

banks, Gold, In the news

Will a Greek Default usher in more QE?

Following years of negotiations and political brinkmanship, it appears increasingly likely that Greece is on the verge of defaulting on its debt obligations, a move that could see the country potentially withdraw from the EU altogether. News from Europe this…

Andre McCarthy
June 28, 2015

banks, Gold, In the news, Investing

What happens when governments run out of money?

Unsustainable debt levels, both public and private, are becoming one of the dominant characteristics of life in the 21st Century. Levels of indebtedness have become so severe that nearly every nation is technically insolvent – unable to repay their existing…

Andre McCarthy
June 23, 2015

banks, Federal Reserve, Gold, In the news

The Real Cost of Low Interest Rates

Monetary policy and quantitative easing are becoming an increasingly destabilizing force in financial markets. While the Federal Reserve’s introduction of QE post Lehman prevented a deeper recession than would have otherwise materialized, its effects 7 years on are still being…

Andre McCarthy
June 8, 2015

banks, Federal Reserve, Gold, In the news

Are we entering the age of cashless economies?

As negative interest rate policies proliferate throughout the world economy, and policy makers continue pushing an agenda of “deposit taxes” and other measures in an attempt to load up the population with as much debt as possible, it was probably…

Andre McCarthy
May 28, 2015

banks, general, Gold, Gold Info, In the news, Investing, Silver

3 Signs That Gold Could Become The Next Global Currency

When it comes to money, almost all countries use a fiat currency, which means that their currency is only supported by the creditworthiness of the government and isn’t backed up by any reserves of gold or other precious metals. Considering how reckless…

David Robles
May 2, 2015

banks, general, Gold Info, In the news, Investing

How The Fed Has Created A Stock Bubble And Why It Can’t Last Forever

To a casual observer, things are looking great in the stock market. Markets keep setting new records and the bull run seems like it should keep on going as long as the American economy continues to recover. It feels like…

David Robles
February 25, 2015

banks, Gold, In the news

Swiss National Bank’s Shocking Reversal Shows The Danger Of Trusting Central Banks

Last week, investors were hit with a harsh lesson of why they shouldn’t trust central banks. The Swiss National Bank, usually an example of steady management, shocked the World economy with an overnight reversal of a long standing monetary policy.…

Chris Thomas
January 19, 2015

banks, Gold

The World’s 12 Greatest Currency Failures

Two of the most important lessons taught by economic history are that 1) Money is a useful store of value that makes trade much easier and economic accelerates economic growth, and 2) when people lose faith in the stability and purchasing power…

Chris Thomas
September 26, 2014

banks, Gold, In the news, palladium, Silver

What New Price Mechanism Means for Silver, Other Metals

This month ushered in a new era in how the daily spot price of silver is determined. For the previous 117 years, silver prices were set by a bank-led, closed-room process whereby leading financial officials would make educated guesses at…

Chris Thomas
August 28, 2014

banks, Federal Reserve, Gold, In the news, Investing

End of an Era: The Decline of the Dollar is Near

This month marks the 70th anniversary of the Bretton Woods Conference, and the introduction of a new global monetary system. This conference contained representatives from 44 different nations, jointly seeking to establish means of global trade, financing and inflation control.…

Chris Thomas
July 16, 2014
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banks, Federal Reserve, Gold Info

3 Ways that Gold beats Cash Savings

Two of the primary economic functions of “money” are… To create a store of value for wealth accumulation and To facilitate trade through a universal medium. To this end, both cash savings of national currencies (such as the US dollar…

Nick Sandles
June 19, 2014