Government Debt Threatens to Send U.S. Economy into Death Spiral, CBO Warns

Rising federal debt threatens to choke economic growth within a decade, beginning a death spiral that will sap revenue from government programs even as demands grow, forcing the government to borrow even more, Congress‘ budget watchdog said in a frightening report Tuesday. Budget cuts or tax increases now would help avert that scary scenario, leaving…

Government Debt Threatens to Send U.S. Economy into Death Spiral, CBO WarnsDetails

U.S. Economy Still Running Below Trend in May, Chicago Fed Indicator Shows

The U.S. economy was still running below trend in May, according to the Chicago Fed’s national activity index released Monday. The index, a weighted average of 85 different economic indicators, edged up to negative 0.17 from negative 0.19, and the three-month average edged up to negative 0.16 from negative 0.20. A zero reading shows the…

U.S. Economy Still Running Below Trend in May, Chicago Fed Indicator ShowsDetails

Euro Zone Sets Emergency Summit on Greece as Money Flees

Euro zone leaders will hold an emergency summit on Monday to try to avert a Greek default after bank withdrawals accelerated and government revenue slumped as Athens and its international creditors remain deadlocked over a debt deal. Finance ministers of the 19-nation currency bloc failed to make any breakthrough on a cash-for-reforms agreement at talks…

Euro Zone Sets Emergency Summit on Greece as Money FleesDetails

USMR President Philip N. Diehl joins Texas Numismatic Association

U.S. Money Reserve is pleased to announce Philip N. Diehl, president of U.S. Money Reserve, has recently joined the Texas Numismatic Association. Representing U.S. Money Reserve, Diehl’s membership further strengthens the company’s commitment to the numismatic community with a shared appreciation for historical coinage. Upon joining the organization, Diehl said, “As former director of the…

USMR President Philip N. Diehl joins Texas Numismatic AssociationDetails

U.S. Money Reserve Accredited with Online Business Bureau

U.S. Money Reserve is proud to announce its accreditation with the Online Business Bureau. With a “Recommended” rating and no outstanding complaints, U.S. Money Reserve joins over 1.8 million companies registered with the Online Business Bureau and evaluated for reputable and reliable online customer service. The Online Business Bureau was established to provide consumers with…

U.S. Money Reserve Accredited with Online Business BureauDetails

Business Consumer Alliance Awards U.S. Money Reserve Highest Rating

December 5, 2013   U.S. Money Reserve proudly announces its “AAA” rating from the Business Consumer Alliance, signifying the company’s commitment to exemplary customer service. A nationally-recognized resource for business-related complaints, reviews and reports, the Business Consumer Alliance awarded the precious metals distributor the highest rating offered by the organization. In response to the “AAA”…

Business Consumer Alliance Awards U.S. Money Reserve Highest RatingDetails

Gold Takes Breather after Biggest Monthly Rise in 3 Years

Gold futures were flat on Monday after rallying to their biggest monthly gain in three years last week but the precious metal is poised to strengthen with U.S. stocks under pressure. Gold for April delivery on Comex GCJ5, -0.23%  settled at $1,279.20 an ounce, unchanged from Friday, while March silver SIH5, -1.70%  climbed 43 cents, or 2.6%, to $17.21 an ounce.…

Gold Takes Breather after Biggest Monthly Rise in 3 YearsDetails