One of the major factors contributing to sky-high stock valuations in recent years has been the performance of tech stocks. Much of the gains in stock markets has come about due to the performance of Apple, Amazon, Facebook, Google, and Netflix. Nearly two decades after the burst of the dotcom bubble, investors have forgotten all […]
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Some professional sports teams are just perennial cellar dwellers, unable to get their acts together no matter what. Others are dynasties that seem to turn everything they touch to gold. And others have storied histories but fall into mediocrity through years of mismanagement. Into that last category fall the Washington Redskins, one of the most […]
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If Democrats thought that their impeachment inquiry of President Trump would be an easy road to political success, they made a major miscalculation. With pushback both from the President and from House Republicans, it will be anything but easy. What Nancy Pelosi and company thought was a slam dunk case might end up coming back […]
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One of the most frustrating things for investors to see today is that, despite the fact that the US economy is rapidly heading towards recession, stock markets remain at unusually high valuations. While those investors who have already invested in gold to protect their assets are happy about gold’s performance, especially as stocks have plateaued […]
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A surefire way to ensure the continued adoption of Bitcoin and cryptocurrencies as methods of payment is for governments to accept them as payment for taxes. While many governments have been averse to accepting Bitcoin as a method of payment, some governments have attempted to break new ground by accepting Bitcoin. Among them is the […]
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The Latin Monetary Union (LMU) was a 19th century attempt at creating a European monetary union. It took advantage of the fact that more and more European countries were adopting the gold standard and seeking to harmonize their currencies. With France spearheading the effort along with Belgium, Italy, and Switzerland, the four countries came to […]
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The secret to a comfortable retirement is to have more money on hand in retirement than you end up spending. But that’s not always easy to do, and every retiree’s greatest fear is running out of money in retirement. That means that to really be secure in retirement you’ll have to build up as large […]
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With the World Trade Organization ruling that the European Union unfairly subsidized Airbus, a new front will soon be opening in the worldwide trade war. The United States will now be able to retaliate against the EU by placing tariffs on EU goods. But that isn’t a victory for US consumers, who now will face […]
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By now we all know that the Chinese government has been hard at work trying to create its own digital currency. And the creation of Facebook’s Libra cryptocurrency has given the Chinese a greater urgency to complete their project. But it isn’t just the Chinese who are feeling the pressure. Central bankers and regulators around […]
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The fall of the Iron Curtain brought significant amounts of Eastern Bloc firearms, ammunition, and other surplus equipment to the Western world. Much of it was seen for the first ever in the West, while some of it had once been familiar to the West before being hidden for decades. Among the latter was the […]
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