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Posts Tagged: “finance“
Dollar vs. Yen: A Race to the Bottom
The troubled yen surged last week as the Fed cemented their decision to implement a huge interest rate cut as Shigeru Ishiba, an advocate for higher interest rates in Japan, won the election for Japanese Prime Minister.
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Russia Is Quietly Making the Case for Owning Gold
Russia has quietly made the case for owning gold. The head of the Russian Parliament, Pavel Zavalny, made comments recently addressing the subject of economic and financial sanctions. It’s clear that gold is playing a large role in protecting Russian wealth. That role may get bigger and it could create a paradigm shift in how […]
“Greedy” Corporations Are Causing Inflation! Or Are They?
Greedy corporations are causing inflation by jacking up prices and enjoying record profits. This has become an increasingly popular talking point on the political left. Elizabeth Warren has pushed this narrative hard. And it’s patently absurd.
Surge in Imported Services Sends Trade Deficit to New Record
The US trade deficit surged to yet another new record in August as Americans are importing more and more services to go along with all of their imported goods. The August trade deficit came in at $73.25 billion, 4.2% higher than the July trade deficit of $70.3 billion. The August deficit set a new record […]
Crypto Crash and a Rush to Gold: SchiffGold Friday Gold Wrap 01.19.18
The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on iTunes.