Each day, more economists and savvy billionaires are beginning to vocalize their thoughts on the current state of the economy and particularly on the word that’s been at the top of everyone’s mind; inflation. Last week it was the revered billionaire investor Warren Buffett who warned of very substantial inflation, and this week another billionaire […]
Read article ››Despite the Fed’s and particular economists’ “everything is fine, don’t worry” attitude, Americans are doing the exact opposite when it comes to inflation numbers. In fact, a recent survey displays American’s fear of rising inflation numbers. The Federal Reserve Bank of New York’s Survey of Consumer Expectations for April reports that American’s believe inflation rates […]
Read article ››Despite mainstream media’s attempt at downplaying the truth about inflation and the actual state of our economy, esteemed investors like Warren Buffett are speaking out. Buffett, CEO of Berkshire Hathaway, is able to address his concerns from his first-hand experience. The multinational holding company wholly owns companies like GEICO, Duracell, and Fruit of the Loom […]
Read article ››In late January, a group dubbed “The Reddit Army” unexpectedly placed their focus and dollars into the precious metals market due to their beliefs of it being manipulated. By now, most of us are aware of the Gamestop squeeze they were responsible for; in short, they believed (and were right) that large Wall Street firms […]
Read article ››In 2020 when gold surpassed its all-time high price, many pegged this to multiple factors, with the COVID-19 pandemic being the main culprit. Fear, uncertainty, and doubt for what the virus may bring and how it would affect our once-thriving economy are times where gold usually shines. However, even before the actual passing of the […]
Read article ››For decades the United States Dollar has been considered ‘the’ global currency. Every country in the world respected, trusted and held our dollar in high esteems. However, the tide seems to be changing as countries are turning their attention and investments elsewhere. China, the world’s largest gold consumer, recently provided domestic and international banks with […]
Read article ››Do you plan on living until 2031? Although the date may sound like one out of a sci-fi movie, ten years isn’t that far off in reality. Regardless, if you answered yes to this question, then there’s another hurdle to “look forward” to once we get there. The near depletion of our Social Security Benefits. […]
Read article ››Many economists anticipate that our economy will see its most significant growth this year since 1984. This sounds like fantastic news until one major factor is considered; the trillions of dollars that have been created out of thin air over the past twelve months. How could one not expect our financial numbers this year to […]
Read article ››At times such as the ones we are currently experiencing, the last thing we need is for our central bank to be divided. Unfortunately, that’s exactly what seems to be occurring. On one end of the spectrum, we have multiple Federal reserve officials stating that strong demand and supply bottlenecks would push up price inflation […]
Read article ››To say that we are living in odd times would be an understatement. The Wall Street vs. retail investors war, company stocks grossly overvalued, and the bond frenzy, just to name a few. Not to mention that we still have an ongoing pandemic that’s yet to be effectively solved. And to add to the confusion, […]
Read article ››Regardless of your political views and/or beliefs, it’s more than likely safe to say that everyone is ready to see COVID-19 be a thing of the past. Unfortunately, according to a recently conducted survey of experts in 28 countries, mutations of the coronavirus could render current vaccines ineffective within a year. 33% of those experts […]
Read article ››Last week, President Biden shared his $2 trillion infrastructure and economic recovery plan to help jolt the post-pandemic economy. “We’ll have a good-faith negotiation with any Republican who wants to help get this done,” Biden said. “But we have to get it done.” This is what happened with the recent $1.9 trillion COVID relief bill, […]
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