Most central banks will publicly denounce gold role in monetary affairs, claiming that it is an outdated relic of a bygone era. While central banks gave up on maintaining a constant gold price by the early 1970s, they still attempted to control gold’s price through coordinated sales through the late 20th and early 21st centuries. […]
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Early to bed, early to rise, makes a man healthy, wealthy, and wise. We’ve all heard that little rhyme from the time we were young, yet many of us fall into the habit of staying up late, sleeping in, and getting our body clocks out of rhythm. Could that be the cause of many of […]
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One of the dangerous things about any sort of revolution is that they have a disturbing tendency to spiral out of control. The French Revolution was a particularly strong example of that, as it became ever more radical and ever more violent. By the time it concluded, numerous former radicals had been executed or assassinated […]
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With the demise of pension plans, 401(k) plans have become the most popular employer-sponsored retirement plan in the United States. Employees in the United States have trillions of dollars saved up in 401(k) plans, helping them to get financially prepared for retirement. The major benefit of 401(k) investment plans is their tax-advantaged status. Employees can […]
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Electricity has been a godsend for modern man, allowing most of the creature comforts that we take for granted. It has liberated us from having to limit our activity to those hours illuminated by the sun, enabling people to see 24 hours a day if they want to. But in the event of a major […]
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As the trade war with China heats up, relations with China are deteriorating in a whole bunch of different areas. Recent actions by both China and the United States have made it clear that the relationship between the two countries won’t be warming up anytime soon. By now most people are aware of the dust-up […]
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No one likes red-light runners, but the question of how to stop them is a vexing one. For every clear case of blowing through a red light, there are probably a dozen others that are right on the edge. And it never seems that there’s ever a cop around to catch clear cases of running […]
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We’ve already gone over why investing in a gold ETF isn’t a great idea. But if you want to invest in gold and realize that an ETF has drawbacks, how do you invest in gold? Investing in gold through a gold IRA is the clear choice, as it offers numerous advantages over ETFs. 1. Tax […]
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Facebook’s Libra cryptocurrency project is supposed to be a stablecoin of sorts. But rather than tying itself to a single currency like many current stablecoins, Libra is supposed to invest in a basket of currencies. It’s an interesting concept that’s been floated as a possible backing for many government-issued currencies, but no one really knew […]
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With new automobiles becoming ever more expensive, more and more Americans have to finance their automotive purchases with auto loans. And with salaries largely stagnant over the past 20 years, terms on auto loans are getting longer and longer, as that’s the only way that most people can afford to buy a car. Most people […]
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