“The self-same moment I could pray; And from my neck so free The Albatross fell off, and sank Like lead into the sea.” Samuel Taylor Coleridge, “The Rime of the Ancient Mariner” When Robert F. Smith told the graduating class of Morehouse College that he would “eliminate their student loans,” a metaphorical albatross slipped from…
Student Loan Debt: A Crisis of Conscience and Economic StabilityDetailsAs its name implies, generational wealth is meant to be passed from one generation to the next—and, hopefully, many more generations. Sadly, however, that often isn’t the case. Generational Wealth is Evaporating It’s estimated that 70 percent of well-off families will lose their wealth by the second generation and 90 percent will lose it by…
Get the Secret to Generational Wealth in Our Free eBookDetailsAccording to America’s most prominent banks, the odds of a recession are increasing. Both Morgan Stanley and JPMorgan Chase have issued warnings about rising trade tensions and slumping global growth—cautioning investors that a U.S. recession could start as soon as in nine months. And they’re not the only ones sounding the alert. In a report…
When Will We Ever Learn? Mistakes We Make Each RecessionDetailsBack in July 2004, while delivering the keynote address at the Democratic National Convention, state senator and future President Barack Obama famously declared, “There is not a liberal America and a conservative America—there is the United States of America.” He went on to decry the seemingly untraversable divide between red states and blue states. Flag…
Will Political Polarization Destroy the Economy?DetailsWe’ve all heard about the coming demise of the U.S. dollar, but could the most powerful and widely used currency in the world really be in jeopardy? The dollar has a unique role in the global economy. It’s accepted just about everywhere, and according to the International Monetary Fund’s March report, in the fourth quarter…
The Growing Coup Against the U.S. DollarDetailsWorried about global economic and political trends, central banks around the world are on a gold buying spree. During the first quarter of 2019, central banks—influential institutions that set monetary policies for their countries—bought 145.5 metric tons of gold versus 86.7 metric tons in the first quarter of 2018, according to the World Gold Council.…
Here’s How Much Gold Central Banks Are Buying in 2019DetailsWith the European Union already wracked by instability amid continued hand-wringing over Brexit, the upcoming European Parliament elections could shake up things even more—and could prompt more people to explore gold as a safe-haven asset. As America’s Gold Authority®, U.S. Money Reserve is here to provide the insight you need to prepare yourself as a…
Own Gold? Here’s Why You Should Keep an Eye on the European Parliamentary ElectionsDetails“You got this!” a current Quicken Loans TV commercial declares as a bewildered couple walks through a real estate open house. “It can be as simple as push button, get mortgage,” the announcer continues. Quicken Loans is now America’s largest residential mortgage lender, but they’re not a bank, and they don’t take deposits—nor do they…
“Push Button, Get Mortgage”—The Digital Lending CrisisDetailsFrom the moment we entered the workforce, some HR person or benefits director somewhere brought up the notion of retirement savings. That curious phase of financial dread and perpetual leisure seemed a lifetime away when we started our first job and deposited our first real paycheck. As the years have passed, however, the notion of…
The Retirement Crisis: Why it’s Crunch Time for Boomers!DetailsChina has been buying a lot of gold lately. As a matter of fact, they’re acquiring the yellow metal at a record pace. In March, the People’s Bank of China added 11.2 metric tons to their gold reserves. They added 9.95 metric tons in February, 11.8 in January, and 9.95 in December of last year. The latest figures put their gold holdings at more than 60 million ounces—earning them a place alongside the U.S., Germany, Italy, France, and Russia as having some of the largest…
Why China’s Secret Gold Binge Is an Overt Buy SignalDetailsTime is ticking on the debt clock. And the ticking keeps growing louder. Everywhere, it seems, debts are ballooning. Global debt tipped the scales at an all-time high of $184 trillion in 2017, according to the International Monetary Fund. Now, the Institute of International Finance reports that global debt is closer to $244 trillion. In…
Tick Tock: The World Is in Debt & Out of TimeDetailsLow interest rates are a good thing, right? Anyone with a car loan or mortgage payment understands the benefits of living in a low–interest rate environment—particularly if you’re old enough to remember the double-digit days of the 1980s when the Federal Reserve ramped up rates in an effort to stave off inflation. In October 1981,…
Too Low for Too Long: The Curious Case of the Federal Funds RateDetailsYou have been signed up for price alerts for this product.
