Millennials are probably the most scrutinized generation ever. Why? Because technology today enables vast amounts of personal data collection and this group loves to use technology. Thus, they have given analysts the raw data they need to look into their behaviors individually and as a group. Despite their love of …
The Move Toward A Cashless Society Goes Global
First India. Now Australia is considering removing some banknotes from circulation. These are opening salvos toward a move to remove physical currency from circulation. Speculation abounds as to why this is the case. One of the major reasons is taxes. If every transaction must pass through a network, then it …
New FOMC Taking Shape January 1st
In with the new and out with the old. Such is the case every year with the Federal Open Market Committee. On January 1, new members will step in and vote on monetary policy that effects you and me as well as the silver and gold price. Who will sit at …
Fed Raises Rates For Second Time in a Decade
Twice. That is the number of times the Federal Reserve has raised rates in a decade. Ten years. This is not how a normal economy works. It is also evidence that we are far from having escaped the shadow of the financial crisis of 2008. So what happens over the …
Gold Coins Dropped in Salvation Army Kettles
We thought we’d pass on a “feel good” story for those of us who love silver and gold bullion. Seems like Fargo, N.D. is developing a bit of a Christmas tradition. Dropping gold coins into Salvation Army Kettles has been occurring for a decade. Just last week, three more were …
Could Silver Replace Gold as India’s Preferred Investment?
Could it happen? About 100 years ago, silver was the preferred precious metals investment in India. Because of the government crackdown on the underground economy by restricting its paper currency, the question is a good one. India has long held a quasi-dual currency system. Paper rupees used in daily transactions, …
Price of Gold Nearing 10 Month Low After Italy Vote
Geopolitical uncertainty is supposed to help the price of gold right? Over the long term that is certainly the case. However, short to intermediate term fluctuations have more to do with capital flows and traditional correlations. This is likely the reason why the gold and silver price has performed poorly …