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U.S. Money Reserve

USMR Staff

U.S. Money Reserve is the only gold company led by a former U.S. Mint Director. Buy precious metals bullion, bars, and coins with confidence.

BlackRock Seeks SEC Clearance for Internal Fund Lending

BlackRock Seeks SEC Clearance for Internal Fund Lending

BlackRock Inc. is seeking government clearance to set up an internal program in which mutual funds that get hit with client redemptions could temporarily borrow money from sister funds that are flush with cash. BlackRock, the world’s largest money manager, filed with...

Greece to Miss IMF Debt Payment and Bailout to Expire

Greece to Miss IMF Debt Payment and Bailout to Expire

Greece is set to become the first developed nation to not pay its debts to the International Monetary Fund on time, as the country sinks deeper into a financial emergency that has forced it to put a nationwide lockdown on money withdrawals. Greece owes the IMF about...

Greece’s Bank Holiday from Hell

Greece’s Bank Holiday from Hell

It was more or less impossible for Greek banks to open on Monday, once the European Central Bank announced it was turning off emergency lending to them. Because in the absence of any increase in this so called Emergency Liquidity Assistance, the banks had no way to...

We Need Not Accept Economic Stagnation

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...

Euro Zone Sets Emergency Summit on Greece as Money Flees

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...

Six Years Later, U.S. Economy Still Underperforms

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...

China Sets Up Giant Gold Fund to Expand Its Market Power

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...

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