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 […]
Continue Reading
The resignation of British Prime Minister Theresa May has thrown the UK into turmoil. In the midst of trying to exit the European Union, the country now has to select a new Prime Minister to lead the Brexit process. With the British public continuing to support Brexit in large numbers, it appears that Brexit is […]
Continue Reading
To hear the financial media tell it, the US economy is going great. There are more job openings than unemployed people, companies are falling all over themselves trying to find workers, and the future is bright. But behind the headline numbers, the labor market is showing serious signs of weakness. That weakness is the result […]
Continue Reading
If you’re like most people, you’ve probably never heard of the Latin Monetary Union (LMU). The LMU was a monetary union established in the 19th century to unite the currencies of several European nations into a currency union somewhat analogous to the current Eurozone. The LMU countries adopted the French franc as their standard currency, […]
Continue Reading
For over a hundred years, the biggest debate among handgun shooters has been: 9mm or .45? American soldiers were issued revolvers in various .45-caliber cartrdiges such as .45 Colt from the 1870s onward. But in 1893 those single-action revolvers were replaced with the double-action Colt M1892, which was chambered in .38 Long Colt, which featured […]
Continue Reading
You may have heard about Bernie Sanders’ latest idea to raise money. As part of his campaign for President he is floating the idea of taxing various financial transactions in order to raise money for the federal government. The money raised would be earmarked to fund free college tuition and reduce student debt levels that […]
Continue Reading
The economy may be on the verge of another financial crisis but based on American households’ financial holdings you’d be hard pressed to see it. Americans remain so bullish about the US economy and its prospects that they continue to take on massive amounts of debt. Overall household debt in the US has expanded to […]
Continue Reading
If you’ve ever read any commentary about investing in gold you’ve probably come across the term “gold bug.” It’s a derogatory term used mainly by mainstream financial commentators to denigrate those who understand the importance of gold to a well-rounded investment portfolio. But is there really such a thing as a gold bug? The term […]
Continue Reading
The Liberty Head series of gold coins was long in the tooth by the end of the 19th century. All major American circulating coinage, in fact, had retained the same designs since the late 1830s. Popular opinion thus desired a new coinage to highlight the United States’ increasing importance on the world stage. Augustus Saint-Gaudens’ […]
Continue Reading
Another day, another loss of freedom. This time it came in Europe, as Swiss voters voted in a referendum to uphold firearms restrictions enacted by the country’s parliament. The referendum, which had been requested by Swiss gun rights activists in order to try to overturn the parliament’s decision, was rejected by voters, with about 64% […]
Continue Reading
