Despite the supposed strength of the US labor market that is touted throughout the mainstream financial press, the reality isn’t so rosy. That’s especially the case for younger workers, who are finding out the hard way that the college degrees they’ve spent hundreds of thousands of dollars acquiring aren’t worth the paper they’re printed on. […]
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It may seem like an obvious truth that in order to retire you need to save enough money to afford to live the lifestyle to which you’ve become accustomed, but millions of households don’t save enough money. Whether it’s not saving enough each month, not starting to save early enough, or making bad investment decisions […]
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Democratic Presidential contenders seem to be falling all over themselves with plans to soak the rich. From higher income taxes to wealth taxes to financial transaction taxes, there’s nothing that is off limits for higher taxes. Bernie Sanders, one of the top candidates for the nomination, has publicized his plan to establish taxes on various […]
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While the Coinage Act of 1792 established the US Mint and the American system of coinage, it took years for the Mint to really get started in creating money. With a sprawling land mass of former colonies and newly discovered land, not to mention a largely agricultural population scattered across that land mass, the provision […]
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In a move that could further deepen the growing trade war, President Trump has threatened to enact tariffs on all imports from Mexico. According to Trump, if Mexico doesn’t take steps to keep illegal immigrants from crossing the border with the US, the US will slap a 5% tariff on all Mexican imports. That’s a […]
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With recent weakness in stock markets and uncertainty about the direction of the world economy due to the likelihood of a trade war, gold demand remains strong throughout the world. The reasons for that demand vary widely based on region, but no region is exempt. According to a recent Bloomberg interview with gold analyst Joshua […]
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The idea of a shotgun in the United States has become almost synonymous with the 12-gauge shotshell. Sure, the 10-gauge may be bigger and the 20-gauge may be lighter, but the 12-gauge’s versatility has made it the most popular shotshell cartridge in the United States bar none. Unlike pistol and rifle cartridges whose nomenclature is […]
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While Bitcoin has enthused millions of investors and consumers who see its usefulness in processing financial transactions, financial institutions and government authorities have generally been less enthusiastic. That’s particularly the case with central banks, which naturally feel threatened by the threat that Bitcoin poses to their monopoly on currency issuance. So while central banks haven’t […]
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There seems to be no stopping the trade war that has ensued with President Trump’s decision to seek a better deal from the US’ trading partners. With 25% tariffs on Chinese imports set to go into effect, Trump recently shocked markets with his declaration of a new 5% tariff on all imports from Mexico. If […]
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With cancer becoming an increasingly common disease for many Americans, millions are doing everything they can to combat it. But one of the best ways to fight cancer is never to develop it in the first place. While in many cases that may not be possible due to genetic or environmental factors, there are nonetheless […]
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