Original article and video published on CNBC.com on January 19, 2019. Unless you’re deeply involved in gold trading, you’ve probably never heard of the golden cross. And no, it has nothing to with Williams Jennings Bryan’s “Cross of Gold” speech. The golden cross occurs when gold’s 50-day moving average moves above its 200-day moving average. […]
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No one expects disaster to strike but we all need to be prepared for it. If you’re out hiking in the back country and suffer an injury that restricts your mobility, or if you’re backpacking and run into a surprise bout of inclement weather, you may find yourself in need of some temporary shelter to […]
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The past week has seen two egregious examples of “journalism” that have made it clear that anything you read in the news or on the internet should be examined critically. First came a Buzzfeed article that alleged that President Trump directed his former lawyer Michael Cohen to lie to Congress about a Trump real estate […]
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With the federal government now having been “shut down” for a month, we’re starting to hear more and more accounts of the toll it is taking. While much of the focus has been on government workers and the hardships they’re having to endure by working without pay and missing paychecks, there are more and more […]
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With the Chinese government injecting record amounts of liquidity into the banking system last week there is widespread speculation that the Chinese economy is not doing too well. Those liquidity injections follow a rate cut that was an attempt to boost economic activity. Trade data from December showed that Chinese exports in December fell 4.4% […]
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China’s economy has grown by leaps and bounds over the past couple of decades, with many economists speculating that it could overtake the US economy as the world’s largest within 15 years. But that facade of enormous growth is hiding some real structural problems that could seriously weaken the Chinese economy in the near future. […]
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In a shocking twist to the investigation into alleged Trump campaign collusion with Russia, it has come to light that senior officials at the Department of Justice and FBI were warned that the infamous Steele dossier was linked to the Clinton campaign and was likely biased. The dossier, which was produced by Christopher Steele, a […]
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The Peace Dollar is another iconic American coin, the successor to the Morgan Dollar and the last circulating American silver dollar. First minted in 1921, the Peace Dollar was minted until 1928, again in 1934 and 1935, and finally in 1965, although those last 1964-dated coins were never issued and were believed all to have […]
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It’s no secret that technology firms are the darlings of Wall Street. With enormous stock valuations, tech stocks have been one of the major drivers in stock market performance over the past several years. Given that importance, it’s understandable that tech firms are beginning to take the security of their senior executives a little more […]
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By now it’s clear to many people that stock markets are on the verge of a major decline. But what is scaring many investors is the prospect of a severe crash. While the financial crisis of 2008 was bad, stock markets “only” lost a little over 50% of their value. Were we to experience another […]
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