Central bankers usually add gold to their reserves to diversify, and to provide a hedge against inflation. According to Bloomberg, central banks now hold about a fifth of the gold ever mined.
Should you prepare your wealth for inflation, deflation, or some measure of both?
Here you’ll find some interesting perspectives on the steps you should take to keep your portfolio afloat.
Stagflation is a concept that boggles the mind. It’s about high inflation, yet stagnant wages. What does it mean for the future of America?
The US economy and the US government are both living on borrowed time. Blame it on tax cuts, rampant spending and rising inflation.
The American dollar is a success because we have a strong and stable system. But is it really? We go behind the myth, and what we find isn’t pretty.
How many hours of your time do things cost? The facts are astonishing…And they give credence to the millennial whinging about how baby boomers had it easier.
The Republican Party used to be about small government and balanced budgets. But now, under Trump, it’s embraced disastrous debt and inflation.
The American founding fathers were sceptical of democracy. It was about giving power to the mob. Recent events have just proven that to be true.
Now that the dust has settled on the midterms, we see the Democrats in control of the House and Trump’s power diminished. But will anything actually change?
They promised us that the digital economy would keep us safe and make us more prosperous. But what if it’s just a new form of enslavement?
Americans generally believe that the economy under Trump is galloping along at a fantastic pace. Sadly, that’s not the truth.
We live in the age of mobile devices and streaming content. We should be wiser and better informed. So why do we still lack common sense about the economy?
If we keep up the current rate of inflation, it will mean that the increasing price of goods could outstrip increases in wages.
As the Dow seesaws, the major casualty this past week has been Sears. Here’s how financial hustling contributed to the company’s collapse.
The value of our money is disappearing before our eyes. Ironically, it’s the enigmatic British artist Banksy who personifies this sentiment best.
If you haven’t noticed, Venezuela is in the middle of one of the most psychotic economic breakdowns in history. People are starving. There’s no power or fresh water. Inflation is nearing a million percent.