Featured Article

Why Gold? Why Now?

Gold will have an increasingly relevant role to play in investors’ portfolios in 2019.

This was the conclusion of the World Gold Council’s Outlook 2019 Report.

In the report, the WGC highlights three key trends it thinks will influence gold demand and price performance in the coming year…. CLICK for complete article 

Gold Turns Bullish On Major China Bump

The Bank of China increased it gold holdings in December for the first time since the third quarter of 2016 in major bullish news for gold bugs who are already foaming at the mouth over trade war fears, equities upsets and speculation of a pause in Fed rate hikes…. CLICK for complete article

Little Concern For First Time Home Buyers

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One of the biggest lies that is told to the public is about the governments concern over affordable housing and first time home buyers.

How To Avoid Overspending This Holiday Season

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You’ve overspent during past holiday seasons, but you’re determined not to let it happen this year. What’s your plan to prevent painful post-holiday bills? A recent study from Elevate’s Center for the New Middle Class (CNMC) may be able to help.

The study focused on holiday spending behavior and how it varies depending on credit scores. CNMC separated the data into two levels – prime consumers with credit scores of 700 or above and non-prime consumers with credit scores below 700 (the “New Middle Class” referred to in the CNMC’s title). CLICK for complete article

 

U.S. Trade Deficit Reaches A Record High

lowmoney

Despite—or because of—all the tariffs and the intensifying trade war, the U.S. goods trade deficit reached a record high in October, hitting $77.2 billion, based on Census Bureau data.

Issues of national security aside, one of the key selling points of the trade war has been to reduce America’s trade deficit and make things fair again—so October’s data is a bit of a slap in Washington’s face…. CLICK for complete article

UK PM Theresa May Brings Draft Brexit Deal To Cabinet

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The U.K. and EU reportedly reached a preliminary agreement that must be ratified and approved, Bloomberg reported.

U.K. Prime Minister Theresa May needs approval of her Cabinet of ministers along with a majority of members of Parliament. One of the main provisions of the agreement calls for the U.K. to remain in a customs union with the EU to avoid border checks on goods moving from EU member state Ireland and Northern Ireland, which is part of the U.K…. CLICK for complete article