Authored by Axel Merk via Merk Investments,
Last week, I got several calls asking me how U.S. tax reform will impact the price of gold. If you can answer this question, you might be able to answer how tax reform will impact other assets. Let me explain.
Earlier this morning the New York Federal Reserve released their quarterly consumer credit report which detailed, among other things, delinquencies rates on every type of consumer debt from mortgages to student loans.
Authored by Adam Dick via The Ron Paul Institute for Peace & Prosperity,
In a recent interview with host Wilmer Leon at the Inside the Issues show, former presidential candidate and United States House of Representatives Member Dennis Kucinich (D-OH) discussed how what Kucinich terms the “permanent government” has worked to ensure the United States continues pursuing destructive foreign interventions and to keep America “at the precipice of a much wider war” irrespective of who is president.
As part of the annual Credit Suisse Global Wealth Report, which as discussed earlier found that for the first time ever, the "Top 1%" owns a majority, or 50.1%, of the world's wealth...
... the millionaire bankers behind the firm's (Ultra) High Net Worth client division decided to also shed some tears for the world's Millennials, whom they dubbed with one word: "unlucky"... a term which members of said generation will likely wear as a badge of honor (if only to justify their plight in life), while other generations will be eager to promptly mock.
Yesterday morning a series of 10 earthquakes struck Monterey County, California along the San Andreas fault line and has Cali residents increasingly concerned that the "Big One" could be next. The quakes, the biggest of which measured 4.6 on the Richter scale, hit near Salinas, California but were felt 90 miles away in San Francisco. Per SF Gate:
A 4.6-magnitude earthquake rattled Monterey County on Monday and was felt more than 90 miles away in San Francisco, officials said.