Yields on emerging-market debt funds and ETFs are certainly enticing these days, especially compared to U.S. Treasurys. Also attractive are the added benefits of portfolio diversification and currency appreciation. But the risk…
Gold prices reached a record high today as the Bank of Japan cut interest rates and many countries indicated that they may boost currency liquidity, Reuters reported.
Continue reading Gold Reaches a Record $1,3…
Federal Reserve Bank of Chicago President Charles Evans proposed further monetary action on the part of the Federal Reserve, including purchasing more Treasury bonds to cut the cost of borrowing, while lowering his forecast for…
Recent reports show that several banks have begun advising their wealthiest individual clients to put as much as 10% of their assets into the precious metal. And some are stocking up by the ton.
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Japanese stocks rallied Tuesday after the Bank of Japan announced it would slash its benchmark interest rate to near zero in an effort to revive its sluggish economy.
Continue reading Nikkei Rises and Yen Falls…