The sharply higher gold price has increased the profitability of small-scale mines over the last couple of years. The lack of employment opportunities in some countries has also driven people into mining out of necessity.
While I have my personal gold in a bank vault, I opened an account for each of my grandchildren, starting in 2014, and still buy $100 a month in gold for their accounts. It turns out the initial grandkids are all well over $30,000...
Maharrey warned that America's growing "debt black hole" continues to distort the broader economy and will ultimately limit how long the Federal Reserve can maintain higher interest rates.
Two of the biggest mainstream financial publications, The Wall Street Journal and CNBC, have started openly worrying that the AI bull could die and kill everything around it...
Even the scenarios described as unprecedented tend to be enlarged or accelerated versions of familiar risks: a deeper recession, a wider war, a more disruptive cyberattack...
Florida has an opportunity to correct course. Lawmakers should repeal all the new licensing and money services provisions that threaten competition and increase compliance costs.