President Trump has had the unprecedented ability to shape the Federal Reserve’s Board of Governors in a way that no other President has. Three of the current five Board members were appointed by him, and he just recently announced two new nominations, Stephen Moore and Herman Cain. That means that by the end of his […]
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China’s National Development and Reform Commission (NDRC) recently published a draft paper that highlighted Bitcoin mining as an undesirable industry for the country. Bitcoin miners have long flocked to areas with cheap and abundant sources of electricity, which in practice means hydroelectric or geothermal energy production. Rural areas of China, upstate New York and parts […]
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While the image of Liberty advancing in front of the sun’s rays is most associated today with the American Gold Eagle series of coins, its design dates back over 110 years to the double eagle gold coin design of famed sculptor Augustus Saint-Gaudens. Saint-Gaudens had been approached by President Theodore Roosevelt about redesigning US coinage, […]
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After nearly seven years of asylum within the Ecuadorean Embassy in London, journalist and transparency activist Julian Assange was arrested yesterday morning by British police. Ecuadorean President Lenin Moreno terminated Assange’s asylum and invited British police onto the Embassy grounds to arrest Assange. US authorities immediately placed a request for his extradition to face charges […]
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For decades many retirement planning guides have talked about the three-legged stool of retirement: Social Security, private savings, and pensions. But the three legs of that stool have become heavily degraded over time. Many Americans ask themselves “What stool?” when it comes to thinking about the three legs of retirement planning. Social Security is in […]
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If it weren’t already bad enough that the US is involved with a trade war with China, President Trump is now threatening to get involved in a trade war with the European Union. It’s a move that will harm American consumers through higher prices on imported goods, and risks developing into a deeper trade war. […]
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If people in other states didn’t already hate California, they certainly will after the state’s latest attempts to extort businesses in other states. The California governor is taking advantage of the US Supreme Court’s ruling in South Dakota v. Wayfair authorizing states to collect sales taxes on online purchases by pursuing out-of-state businesses for alleged […]
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Another month, another report of more Chinese gold purchases. For the fourth consecutive month the Chinese government has added to its official gold reserves, with another 360,000 ounces, or 11 tonnes, of gold purchased in March. That brings the country’s official gold reserves up to 60.62 million ounces. The fact that China continues to purchase […]
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While semiautomatic pistols have become the most popular handguns on the market for both self-defense and target shooting, revolvers continue to maintain a place in many shooters’ armories. That’s particularly true within the hunting community, which has seen handgun hunting become much more popular in recent decades. With rimmed cartridges requiring the use of a […]
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A recent study of Bitcoin trading claimed that about 95% of all reported Bitcoin trading volume is a hoax. The transactions are mostly spoofed in an attempt to manipulate Bitcoin prices for various reasons. If that is in fact the case, does it even make sense for people to invest in Bitcoin? It’s important to […]
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