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Gold Surges, Dollar Dips: Peter Schiff Warns of Impending U.S. Economic ...

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Reasons why gold is a great investment

Investing in gold is widely regarded as one of the best methods of increasing your wealth. The reason behind this is the security that comes with this investment, which is higher when compared to other investments like stocks or cryptocurrency. Although the chances of facing a loss by investing in gold are unlikely, it’s imperative that you analyze the market thoroughly before making a permanent decision. Just like with other investment instruments and commodities, there are factors that have the potential of influencing price fluctuations when it comes to gold. Why gold prices riseHigh inflationWhen investors expect inflation to hit the global market, often pile up on gold because of how it has proven to be effective in acting as a hedge until issues subside and prices revert to normal. Studies on market trends show that inflation is a prime indicator that is considered when predicting the price of gold.While it was historically used as protection against the...

THE REASON FOR FINANCIAL DISTRESS IN SHIPPING INDUSTRY

The economic collapse in September 2008 is considered by many economists to have been the worst financial crisis since the Great Depression. It cost the United States an estimated $648 billion due to slower economic growth and federal government spending to mitigate the financial crisis through the ‘Troubled Asset Relief Program’ has resulted in a net cost to taxpayers of $73 billion. The bottom line, the United States lost $3.4 trillion in real estate wealth in less than 8 months. However, real estate was not the only industry which got effected by this financial depression. The shipping industry was affected, too, starting around 2003, and the effects are still being felt hard today. For the 5-year-period between 2003 and 2008, the shipping industry has enjoyed one of the most prosperous times in its history. To put into numbers, an average dry bulk ship earned $39,000 per day in 2004 and around $50,000 per day in 2008. For the comparison, these numbers were below $1...

Global Collapse Incoming? The Total Breakdown Of Relations With China

Global Collapse Incoming? The Total Breakdown Of Relations With China Could Throw Our Planet Into Utter Turmoil We just witnessed one of the most monumental events of the entire decade, and yet most Americans still don’t understand what has happened. In recent months, the global economy and stock markets around the world have been buoyed by the hope that the U.S. and China would soon sign a new trade agreement. Unfortunately, there is no way that is going to happen now. On Tuesday, the Senate unanimously passed the “Hong Kong Human Rights and Democracy Act of 2019”, and the House of Representatives passed the same bill by a 417 to 1 vote on Wednesday. Needless to say, the Chinese are beyond angry that Congress has done this. In part one of this article, I showed that China is warning the U.S. to “rein in the horse at the edge of the precipice” and that there will be “revenge” if this bill is allowed to become law. And it looks like this bill will actually become law, because...

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