December 27, 2016

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...

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...

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...

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...

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,...

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...