The effects of the coronavirus on the Chinese economy will undoubtedly be strong, as the country is basically operating at half capacity right now. But the effects in the future could be even stronger, as numerous companies will begin moving production out of China. The coronavirus will exacerbate a movement that already began as a […]
Continue Reading
To some people the coronavirus seems like much ado about nothing. To others it’s the beginning of a catastrophic pandemic that will kill millions across the globe. But regardless of the truth, governments around the world will use it as an excuse to “do something,” no matter how dangerous, counterproductive, or detrimental to liberty that […]
Continue Reading
It’s no secret that the retirement outlook for most Americans is dire. While figures for the average amount of retirement savings get bandied about here and there in the media, the median amount of retirement savings in the US is zero. That’s right, more than half of Americans have no retirement savings whatsoever. Whether they’re […]
Continue Reading
It isn’t every day that a new cartridge takes the shooting world by storm. The past few decades have seen numerous cartridges developed that may gain a decent following but that then inevitably fall by the wayside. Other cartridges, like .40 S&W, may attain popularity for a while but then fade away as their rationale […]
Continue Reading
Treasury Secretary Steven Mnuchin has stated that the Treasury Department’s Financial Crimes Enforcement Network (FinCEN) is prepared to publish new regulations regarding cryptocurrencies. According to Mnuchin, who was testifying before the US Senate Finance Committee, the new regulations will include “significant new requirements.” Mnuchin was answering a question posed by Senator Maggie Hassan (D-NH) about […]
Continue Reading
International conflict can often lead to some pretty bizarre alliances. We all remember World War II, when Germany and the Soviet Union teamed up to split up Poland. But then Germany invaded the Soviet Union, and the US and UK joined the war on the side of the Communists. The situation in Syria today is […]
Continue Reading
It’s funny sometimes how the mainstream financial media tries to push narratives that are completely at odds with reality. With business activity already slowing in the US, China, and elsewhere, and with the onset of the coronavirus seriously upsetting global supply chains, anyone could tell that 2020 is going to be a rough year for […]
Continue Reading
Despite an abysmal two-day performance in which the Dow Jones lost over 1,900 points, many Americans remain oblivious to the negative pressures facing the US economy. It isn’t just retail investors either, as even Fed officials are downplaying (at least publicly) the effects that the coronavirus will have on the economy. Numerous reports indicate that […]
Continue Reading
It seems like just a couple weeks ago that analysts were predicting gold to end the year at $1,650. But gold was already pushing that level late last week, as fears about the coronavirus and slowing business activity drove a wave of safe haven buying. Now analysts are predicting gold to rise to $2,000 within […]
Continue Reading
With the spread of coronavirus around the world, the reality is setting in that we won’t be rid of the disease anytime soon. And with the disease spreading outside of China to Italy, Iran, and South Korea, quarantines are becoming a reality for many millions of people around the world. If the disease were to […]
Continue Reading
