Every now and then you read about someone sentenced to prison and wonder what the heck the judge was thinking. Normally it’s because someone commits a murder or huge theft and gets a slap on the wrist, but occasionally you’ll see something in which the punishment just doesn’t fit the crime. That happened recently in […]
Continue Reading
As 2019 winds to a close, stock markets continue to see record highs. It’s a lot different than this time last year, when markets were plummeting to end the year. So what has changed? Well, the Federal Reserve decided to plow another few hundred billion dollars into financial markets to end the year, with that […]
Continue Reading
In a new report, the Federal Reserve warned that stablecoins could pose a threat to the stability of the global financial system. Unlike cryptocurrencies such as Bitcoin or Litecoin, which don’t have any asset backing, stablecoins are supposed to be backed by assets. In that way they act similarly to exchange-traded funds, only the stablecoin […]
Continue Reading
While many investors know about investing in gold and silver, most probably don’t know that there are other precious metals in which they can invest. One of the most common precious metals aside from gold and silver is platinum, which has a long history of use in jewelry. Many investors may think that platinum is […]
Continue Reading
As the saying goes, a lot of things are always better late than never. And, although the FBI should have never launched its investigation into the Trump campaign, given the shoddy evidence the Bureau had, at least the Department of Justice’s Inspector General is now pledging to get to the bottom of what happened. The […]
Continue Reading
More and more Americans are getting the feeling that the US has stagnated in recent decades. From low wages to rising prices to deteriorating health, Americans’ standard of living seems to have declined. And more and more statistical data is backing up that feeling that so many Americans have. The US economy used to be […]
Continue Reading
With the House of Representatives having impeached President Trump last Wednesday, the natural question is: what effect will that have on markets? Judging by the way stock markets reacted in early trading on Thursday, not much. The Dow Jones shot up over a hundred points in early trading to start the day, shrugging off the […]
Continue Reading
The impeachment saga surrounding President Trump has made a number of things plainly obvious to most Americans. Among them is the fact that Democrats have no regard for due process and the rights of the accused. Congressman Eric Swalwell (R-CA), who once famously threatened to use nuclear weapons against gun owners, stated about Trump’s refusal […]
Continue Reading
We had reported earlier on Coinbase’s introduction of a VISA card in Europe that would allow consumers to use cryptocurrencies to purchase goods at point of sale. That initial experiment has become so successful that Coinbase is now expanding the number of cryptocurrencies that users can use, as well as the number of countries in […]
Continue Reading
Many people like to joke about how Congress always drags its feet on important pieces of legislation or on important societal issues. One need only look at the crisis facing Social Security, something that Congress hasn’t focused on at all, to see a crystal clear example of it. But every now and then Congress makes […]
Continue Reading
