Southern California has been hit by a series of small earthquakes over the past month, with over 1,000 hitting in a small swarm largely in the same area. The unusual frequency of the quakes has many people wondering whether this is a prelude for the “Big One,” the major earthquake that everyone fears may prove […]
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Gold and silver have been popular investments for centuries, safeguarding investor wealth through thick and thin. And one of the most popular ways to invest in gold and silver today is through gold and silver IRAs. If you’re not familiar with gold and silver IRAs, it’s probably because your financial adviser or retail brokerage doesn’t […]
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No one likes economic recessions. Someone always suffers, whether it’s due to drops in economic growth, job losses, or what have you. But recessions are always the natural consequence of the monetary easing that preceded them, which cause bubbles to form. Bubbles are the result of malinvestment within the economy, with resources being put to […]
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A recent document from the Financial Literacy and Education Commission has recommended that colleges should provide mandatory courses in financial literacy. Part of the reason behind this is the fact that college students graduating today are more and more indebted than ever, with total student debt rising to over $1.5 trillion. Many students may very […]
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Facebook’s leap into the cryptocurrency sphere was met with applause by many market analysts and observers, but with great skepticism by both cryptocurrency enthusiasts and governments. Cryptocurrency enthusiasts distrust Facebook’s goals for its Libra cryptocurrency, and don’t believe that the company will hold true to many of the claims it makes about user privacy and […]
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Debt issuance has always been pretty straightforward. A borrower issues bonds that pay interest to entice lenders to part with their money for a period of time. The longer the term of the bond or the riskier the borrower, the higher the interest rate the borrower has to offer. But thanks to over a decade […]
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It’s well known that the US dollar was originally modeled off the Spanish milled dollar, or “piece of eight.” And it’s also well known that the name “dollar” came from the German word thaler, the name of a silver coin of a certain weight. Whereas the mark was the primary unit of weight in measuring […]
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The policymakers at the Federal Reserve, and at most central banks for that matter, have a horrible track record when it comes to figuring out when an economy is in a bubble. By the time they realize that the bubble has even existed, it has already burst. They end up playing catch-up, reacting to a […]
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In the aftermath of Iran’s downing of a US surveillance drone last week, the Trump administration placed new sanctions on Iran’s supreme leader and Foreign Minister. The sanctions, which most analysts agree won’t actually have any effect, served mostly as a slap in the face to the Iranian government. And the Iranian government’s response was […]
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One of the key factors behind judging Bitcoin’s continued popularity is the number of addresses that are active in using or trading Bitcoin. Today that number stands at over one million, a figure that was first reached in November 2017 but that hasn’t been broached since then. That’s nearly double the number of daily active […]
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