$XAU, $XAG, $GLD, $SLV, $GOLD, $MTAFF For millennia man has looked at gold as a store is value. And now when the economy is questionable and when the stock market is volatile, many investors turn to gold as a safe-haven and portfolio insurance. So, if gold is on your mind now, check your goals and long-term […]
An official building permit has been issued for the unfinished Barcelona church designed by architect Antoni Gaudí 137 years after construction started on La Sagrada Familia Basilica. Barcelona City Hall says it granted the current builders a work permit that is valid through Y 2026. The builders say that is enough time to finish raising […]
US mortgage home applications to buy and to refinanc increased last week as most borrowing costs fell in step with US bond yields tied to worries about slowing economic growth, data from the Mortgage Bankers Association showed on Wednesday. The Washington-based industry group’s seasonally adjusted index on mortgage activity rose 2.3% to 384.0 in the week […]
The Cost of Bank Consumer Loans is Falling $JPM, $C, $WFC, $BAC, $V, $MA. $GS Readers are asking the Big Q: Why when interest rates tick up are consumer loan cost ticking down? The Big A: When interest rates tick higher, consumers carrying too much debt start to default, that is the assumption, but Americans […]
Members of the ‘Deep State’ Will Be Prosecuted for Lying Under Oath Members of the deep state like sacked and disgraced former FBI Director James Comey can get away with lying under oath, and now members of Congress have stepped in demanding an investigation into this and other matters concerning Democratic nominee Hillary Clinton and Key Hussein […]
Bitcoin Traders Looking at Fundamentals in Here $BTCUSD Monday, Bitcoin was stable after dipping below $8,000 early, as traders saw signs of a increasing demand for the digital currency. Bitcoin bounced from its intra-day low of low of $7,900.3 Monday. Currently, Bitcoin is trading at: 8,042.9048,-48.1001, or -0.59%, as of 2.04a BST, the market is open. The […]
Jack Dorsey, “Bitcoin Will Be the World’s Single Currency” $BTCUSD , $TWTR, $SQ Twitter (NYSE:TWTR) and Square (NYSE:SQ) CEO Jack Dorsey recently had very positive remarks about Bitcoin. He predicted the future of finance, suggesting that the “father of cryptocurrencies” is likely to become the world’s only currency within the next 10 years. Mr. Dorsey declared: […]
Bitcoin and Cryptocurrencies Across the Board $BTCUSD Bitcoin and other Cryptocurrencies are new, alluring and somewhat complex investment assets. People see Bitcoin as currency, an investment and a store of value. Government’s do not agree on what Bitcoin is. The US Internal Revenue sees and treats it as property, The US Securities and Exchange Commission considers […]
The Big Q: What is a Bitcoin good for? $BTCUSD$V, $MA, $PYPL, $USD, $EUR, $JPY There are 2 answers to that Question: Bitcoin is money, or Bitcoin is a payment system. Then you ask, What is Money. Well, money is metaphysical mystery to be found in modern economics. The best way to think about it […]
ETFs Beating Hedge Funds W/O High Fees Jack Bogle, the founder of low-cost fund pioneer Vanguard Group, says investors are taking notice of the wide difference between inexpensively managed ETFs (exchange-traded funds) and hedge funds with high fees and slim returns. “There is deep disenchantment with hedge funds among large investors,” he said at the […]
Some of the Best Plays for Risk Adverse Investors Now $VFIAX, $FUSEX, $SPY Many investors do not want to take any non-market risk in specific stocks or even in specific sectors. That leads them into the S&P 500 mutual funds or ETFs. The Big Q: What S&P 500 Index fund is the best? Below is […]
Young American Investors Want to Pay for Financial Advice $BAC Younger American investors who represent the future customers of the financial advisory business are more interested in paying for financial help than any other age group, according to a survey by a leading asset management research firm. The survey found that about 50% of all […]
Medical Marijuana Update Montana’s dispensaries are coming back to life, Michigan’s medical marijuana fees have been funding aggressive anti-marijuana law enforcement, and more. Arkansas On Monday, members of the state’s new medical marijuana commission were sworn in. In the first meeting of a commission established to create a state medical marijuana system after voters approved […]
The Case of Hillary and The Clinton Foundation Hillary Clinton’s real problem is the Clinton Foundation, as the ClintonFoundation is under investigation by the FBI. Congressional inquiries on the function of The Foundation, and whether it engaged in so called “pay-to-play” transactions in which donors to the foundation received preferential access to Hillary Clinton’s state […]
UAE has ‘No Plans’ to Introduce Income Tax Projects in latest budget will not rely on new taxes or additional fees, finance ministry said The UAE has no plans to impose new taxes on individuals and the government is not studying the introduction of more fees for services, Younis al-Khouri, under-secretary at the finance ministry, […]
WikiLeaks: Clinton Foundation and Billy Got Paid $KO, $UBS WikiLeaks released an internal Clinton memo Wednesday reveals how a longtime Clinton confidant played an “unorthodox” dual rolem raising money for the Clinton Foundation and finding paid work for former US President Bill Clinton. The 12-page document written in 2011 by Doug Band of Teneo, a […]
