Gold News | Precious Metals News

Jun252015

Low Interest Rates Are Threat to Pension Funds, Life Insurers, Says OECD

The Organization for Economic Cooperation and Development warned on Wednesday that prolonged low interest rates fueled by central banks’ quantitative easing pose a serious threat to the solvency of pension funds and life insurers that could send ripples through the global financial system. As interest rates are expected to stay low for an extended period,…

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2015-06-25

Jun242015

Dollar sign colored like the American flag, breaking through a large grey crack

We Need Not Accept Economic Stagnation

President Obama continues to hail the economic “breakthrough.” Yet in the seventh year of his presidency, few families are enjoying a breakthrough for them. Instead, most families continue to struggle through the worst economic recovery since the 1940s. We recently learned that the economy actually shrunk in the first quarter of this year, and a…

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2015-06-24

Jun232015

Line chart with arrow imprinted with the U.S dollar skyrocketing upwards, showing increase

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…

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2015-06-23

Jun222015

Marriner S. Eccles Building, the Federal Reserve Building

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…

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2015-06-22

Jun192015

Greek debt highlighted above a backdrop of stock market prices and shadow of a man holding briefcase and umbrella

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…

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2015-06-19

Jun172015

An outline of the United States, made up of tiny blue and black boxes with red arrow over the country indicating an underperforming economy

Six Years Later, U.S. Economy Still Underperforms

The U.S. economy is nearly six years into its current economic expansion cycle and overall economic numbers continue to disappoint. Friday’s news that the U.S. economy contracted by 0.7% in the first quarter is expected to be a temporary blip in overall economic growth, but the current recovery phase remains limp and lackluster at best…

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2015-06-17

Jun172015

Bars of gold and three stacks of $100 and $50 bills atop an alphabetized list of stocks

Bank of America Is Forecasting a ‘Scary Summer’ for the Stock Market

Investors might want to add a little cash and some gold to their portfolio’s summer outfit. So say analysts at Bank of America Merrill Lynch, who are forecasting a grim summer for stocks this year. In other words, it might be wise to apply ample dollops of market-correction block in addition to any sunscreen you…

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2015-06-17

Jun172015

China Sets Up Giant Gold Fund to Expand Its Market Power

China has set up its largest gold-investment fund ever, expected to total 100 billion yuan ($16 billion), aiming to invest in mining projects in the region and enhance Chinese influence in global gold markets, local media reports said Wednesday. The “Silk Road Gold Fund” — led by the Shanghai Gold Exchange and others — is…

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2015-06-17

Jun172015

Outline of the United States, chained to a ball of debt

America’s Future Got $7 Trillion Worse Since the Financial Crisis

Still feeling uncomfortable about that tax bill you owed last month? Think about it this way: If you didn’t pay it, America’s fiscal future would look even worse than it does now, six years out from the financial crisis. Driven by higher interest costs, Social Security and Medicare for baby boomers, as well as tax…

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2015-06-17

Mar252015

Seal of the Texas Numismatic Association, Founded in 1960

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…

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2015-03-25

Mar252015

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…

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2015-03-25

Feb52015

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”…

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2015-02-05

News Center & Blog Desk

Recent news and stories that impact the precious metals markets

Low Interest Rates Are Threat to Pension Funds, Life Insurers, Says OECD

We Need Not Accept Economic Stagnation

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

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

Euro Zone Sets Emergency Summit on Greece as Money Flees

Six Years Later, U.S. Economy Still Underperforms

Bank of America Is Forecasting a ‘Scary Summer’ for the Stock Market

China Sets Up Giant Gold Fund to Expand Its Market Power

America’s Future Got $7 Trillion Worse Since the Financial Crisis

USMR President Philip N. Diehl joins Texas Numismatic Association

U.S. Money Reserve Accredited with Online Business Bureau

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

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