US economy

Read our articles on US economy.

US Debt: The Ticking Timebomb

I found myself staring at the US Debt Clock site since Friday afternoon. It’s like watching a ticking debt time bomb. The issue of US debt has always been an occasional issue that is often spoken about in political circles. The issue of creating debt that our children will need to pay back is brought […]

The US Dollar just had the Worst Month in a Decade

Since the recent March high in the US dollar, the fiat currency has fallen consistently. The purchasing power of our dollar has dropped. Our dollar buys less today than it did a couple of months ago. All paper currencies have lost significant purchasing power over the past few decades. A simple example explains it all. […]

Recent Market Trends in Equities and Precious Metals

The last six months have been a real roller coaster ride for major markets. The economy is reeling and there is no real solution in sight. The economy and the markets are being held up by monetary expansion and global stimulus. It’s scary to think about what will happen when the stimulus and free money […]

Fed Has No Option but to Continue Printing Money

Many economists are still predicting a V-Shaped post Coronavirus shutdown. The rebounding stock market would seem to support the V-Shaped theory. However, others predict a real turnaround could take a decade. The drastic recovery in the stock market is not based on strong market fundamentals. The unemployment rate at nearly 20% is drastically higher even […]

Prepare for the Next Bank Collapse

Aside from the record-high unemployment rate and the growing number of failing small businesses, the biggest threat to the economy is on the balance sheets of the big banks. They didn’t learn their lesson from the 2008 crash and fell back to old, bad lending habits. Unfortunately, we saw many people lost a majority of […]

China and Russia Increase Gold Reserves

The dollar has lost more than 6% of its value over the past two weeks against a basket of global currencies. Global traders are unsettled with the loose monetary policy in the United States. In 2020 the US created approximately 9 trillion dollars out of thin air amid the Coronavirus pandemic. Meanwhile, two key net […]

The Case for $5,000 Gold within 5 Years

We thought some of our observations in the last few months should be looked at again. How quickly the tide has turned to cause massive selloffs and volatility in all markets. Considering the carnage, gold has remained positive relative to other markets.

5 Reasons a New Recession Could Be Worse Than 2009

Last October George Gammon did a video on a 2020 recession scenario. Gammon is an expert on macroeconomics and real estate investments. The video was to the point and the topics were explained thoroughly. The following is a detailed summary of the 5 reasons he believes a 2020 recession will be worse than 2009.

Dow Nearly Wipes Out 2019 Gains

Coronavirus is spreading around the world and investors are fleeing equities The COVID19 Coronavirus is making its way around the globe. The US stock market had its worst week since 2008. World stocks lost over $5.1 trillion in market cap last week. The S&P Banks Index saw the biggest 6-day collapse since the peak of […]

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