Historically speaking, when oil and gold trade in the way they are currently, it signals “doom” for the markets or an impending recession. Oil prices are hovering around bear-market levels amid concerns over slowing global growth and the potential for...
The central banks of the world have been buying up gold at the fastest rate in 6 years. This is flashing warning signs for the future of the United States dollar. Central banks (the Federal Reserve) and foreign governments hold literally trillions of dollars of...
Goldman Sachs has come out and said president Donald Trump’s tariffs have had a bigger impact on consumer prices than originally thought. Additionally, the bank has said what the rest of us already know: the tariffs are being paid entirely by United States...
Berkshire Hathaway Vice Chairman Charlie Munger recently warned against the Federal Reserve’s unbridled money printing. The central bank is going to end up turning the United States into Venezuela with an exponential inflation rate if they continue to print...
Global economic growth concerns and a weak United States dollar have pushed the price of gold to a nearly two-week high. Gold futures have logged a second straight finish above $1,300. After closing up 0.5% on Monday, gold settled at $1,308.30 an ounce. According to...
Wheat grown in the United States can no longer compete with the wheat coming out of Russia. The US Wheat Associates (USW) announced the closing of its Moscow office on October 1 due to lack of demand for American wheat in Russia, a new agricultural superpower....