More Recent Posts - Page 159

China’s Debt Continues Its Meteoric Rise

China is one of the largest nations whose economy continues to be propped up by the availability of cheap credit. 1 The economic meltdown of 2008 created the environment for central banks around... Read More »

Veterans Day 2016 Special Offer

Thank You Veterans for Serving Our Country & Protecting Our Freedoms Scottsdale Bullion & Coin will be honoring veterans and active military members by offering them an exclusive 1% discount on all purchases*... Read More »

Price of Silver Weekly Recap: October 17 – October 21, 2016

The price of silver opened the week around $17.45 per ounce, remaining relatively weak against a strong dollar. Resistance seems to be holding silver as the precious metal trades sideways. On Tuesday it... Read More »

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Price of Gold Weekly Recap: October 17 – October 21, 2016

Gold prices opened the week barely above $1,250, still facing pressure from the dollar’s strong performance this year, and an expected rate hike by the end of the year from the Federal Reserve.... Read More »

Yuan Added to SDR Basket, Securing China’s Global Economic Position

On October 1 of this year, the yuan was added to the IMF’s special drawing rights (SDR) basket of currencies. 1 This allowed the Chinese to triumphantly move a major piece on their... Read More »

Deutsche Bank on the Brink of Collapse: Another Canary in the Coal Mine

Anyone who pays any attention to politics or the financial news is aware of the tectonic effect of the UK referendum known now as Brexit. This vote to leave the EU roiled the... Read More »