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Most observers expect the Federal Reserve to nudge rates higher this month. Stock markets continue to push upward. Analysts continue to talk up the economy. Conventional wisdom holds this should all be bad for gold. And yet the price of the yellow metal hit its highest level since November yesterday, peaking midday at $1,296.15 per […]

If government regulations are squeezing your business, and you want to avoid the risk inherent in the mainstream financial system, what do you do? Buy gold! This is true even if your business is – shall we say – not completely above board. In fact, Japanese organized crime is reportedly turning to gold as its

Gold is flowing into India and China, as demand for the yellow metal in the world’s two largest markets continues to boom. Gold imports into India surged once again in May, building on strong March and April numbers. Increasing imports signal a continued rebound in demand for the precious metal in the world’s second-largest market

The Indian government set the tax rate for gold under the uniform goods and services tax lower than expected, sending a wave of optimism through the country’s gold and jewelry dealers. Analysts say the lower rate signals a potential recovery in demand for the yellow metal in the world’s second-largest market. According to a Bloomberg

The price of gold is moving in contradiction to its economic purpose, which is to serve as an investor safe haven against inflation. Shortly after the election, the dollar index spiked as gold prices began a quick decline; however, recently the trend has reversed. Gold is now up around 7% since the Fed’s December rate

In Peter Schiff’s latest podcast, he looks at the Consumer Price Index and retail sales reports released last week. The economic data came during Janet Yellen’s report to congress where the chairwoman’s testimony brought on a new wave of optimism in the markets that interest rate hikes would be coming sooner than last year’s cycle

Yellen spoke to congress this week, and her remarks about the new Commander in Chief could be foreshadowing an upcoming battle between the Fed’s goals and Trump’s plan to weaken the dollar. The President also made amends with China’s President Xi Jinping, but has new problems to deal with as other foreign governments shed their

I finally found the two letters written to me by Alan Greenspan in 1987.  They were written in response to letters that I wrote him at age 24, the year I graduated from U.C. Berkeley (I took two years off to work between my sophomore and junior years.)    I was prompted to write based on

[fullwidth menu_anchor=”8.1.14″ backgroundcolor=”#dcdcdc” bordersize=”1px” bordercolor=”#eaeaea” borderstyle=”solid” paddingtop=”5px” paddingleft=”20px” paddingbottom=”10px” margin-bottom= “-20px” animation_type=”fade” animation_direction=”up” animation_speed=”1″] August 1 Free Form Friday, guided by the best callers in talk radio! Cliff’s Notes Recap Weekly Recap for 07-28-14 to 08-01-14 Monday – We will have to acknowledge the recession before the end of the year. Tuesday – Janet Yellen