Brazil's economy contracted in the 3d quarter for the first time since the Great Recession. This was not entirely unexpected, though the drop was worse than economists had estimated.
In the last 40 years, gold has gone through two great bull markets, with a miserable 20-year period of sideways-to-lower prices in between. As that frustrating 20-year period unfolded, gold’s many fans had no idea what lie ahead, what those 20 years would bring.
This is going to sound harsh, but any discussion about economics is pointless without a fundamental understanding of the fractional reserve banking system on which our economy is built.
There was a very "wonkish" article by Stephen Williamson over the weekend discussing the impact of quantitative easing on inflationary expectations. The article is filled with economic equations discussing interest rates and inflationary expectations but...
Wholesale gold trimmed Monday's 2.6% loss in Asian and London trade Tuesday morning, with a brief rally to $1226 per ounce as world stock markets fell after Wall Street retreated from record highs.
With the announcement of China’s Air-Defense Identification Zone (ADIZ) and the following rise in tensions in the East China Sea, economic—and global—catastrophe may be just a shot away.