Corsi Nation

DrCorsi Banner

2.19.19 - Gold Will Beat The U.S. Dollar -Analysts

Gold last traded at $1,344 an ounce. Silver at $15.97 an ounce.

NEWS SUMMARY: Precious metal prices rose to 10-month highs Tuesday on safe-haven buying and a weaker dollar. U.S. stocks traded mixed amid ongoing geopolitical worry and China trade negotiations.

 

 

 

Reflections on Capitalism and Morality

Written by Staff Writer
0
0
0
s2sdefault

6TWSbanner 1Reflections On Capitalism And The Morality Of It with Craig R. Smith The Wealth Standard

"Capitalism seems to have more bad than good reputation among people. Breaking down some reasons why it is misrepresented is Chairman of Swiss America Trading Corporation, Craig R. Smith. He gives his thoughts about capitalism and the relevance of money in a laissez-faire capitalist society. He talks about China, the government, and what they have been doing to the markets. Helping those who are still grappling with the monetary system, Craig defines sound money and why it is important. He also reflects about humanity, equality, and where we are headed in the next ten years with our current situation. Ultimately, amidst everything going on in politics, he reminds us how we, the people, are the government."

Is the Fed Insolvent? Technically, Yes!

Written by Staff Writer
0
0
0
s2sdefault

9181618932 db834fc17b zIs the Fed Insolvent? -New York Sun
"Is the United States Federal Reserve, central bank to the greatest economy in the history of the world, insolvent? Technically it is, writes James Grant in the latest number of his famed newsletter, Grant’s Interest Rate Observer....Mr. Grant, who holds an honorary doctorate in acerbic studies, has pressed this point in an open letter to Wm. C. Dudley, who was until recently the president of the New York Federal Reserve Bank. Mr. Grant was moved to write by an op-ed that Mr. Dudley wrote and that appears on Bloomberg under the headline 'Let’s Stop Worrying About the Fed’s Balance Sheet.'....The reason we’re not supposed to worry about it, after all, is because we live in the age of fiat money. Or irredeemable electronic paper ticket legal tender...Such scrip enables the central bank to print endless amounts of money to cover its largesse.

The New Millennial Retirement Dream

Written by Staff Writer
0
0
0
s2sdefault

active 1807527 640The new millennial retirement dream -Fox Business
"The traditional view of retirement needs to be rebooted...For the largest generation in the U.S. workforce, the idea of completely stopping work in your golden years seems outdated....Instead of retirement being a singular stopping point, millennials see it as a fluid and longer lasting life stage. And they don’t see the benefit of deferring pleasure until you reach a certain age, when the benefits aren’t guaranteed. Millennials view retirement not as a number, but as a life stage.

US Government Debt Is A Real Crisis

Written by Staff Writer
0
0
0
s2sdefault

money 2033591 640Government debt, a real crisis -Rahn/Washington Times
"There is a real crisis that is much more likely to adversely affect most people’s lives much sooner and with greater consequences than climate change, and that is the rise in government debt as a percentage of GDP in many of the major countries. For an individual or private business that has a debt burden and an interest payment burden growing faster than net income, eventually, there will be a day of reckoning.

The Gold Bulls Are Now Everywhere

Written by Staff Writer
0
0
0
s2sdefault

GoldBullGold Bulls Are Everywhere -Kitco
"The consensus on gold is that interest is back. Experts on the Ultimate Gold Panel at the Vancouver Resource Investment Conference unanimously agreed that sentiment on the precious metals has turned more bullish. With central banks like China buying gold for the first time in years and funds that were previously not interested in gold starting to add the metal to their portfolio, investors have been showing more confidence.