Despite all the worry over the impact of rising oil prices, recall that the U.S. is now a largely services-based economy. And observe that the rising wages that have led to real overall cost rises in decades past are nowhere to…
Unrest across the Middle East is pushing high oil prices higher, and that’s having a cascade effect that feels a lot like inflation as these higher prices bubble through the economy. Still, that’s not enough reason for the Fed …
For the past two years, the relationship between the dollar, stocks and gold was strong. When the dollar dropped, stocks and gold rose, and vice versa, nearly all the time. But since New Year’s Day, that link has completely van…
Some are convinced the precious metal will keep rising, others that it’s tracing out a classic speculative bubble that’s ready to burst. Nobody has a crystal ball, but an “agnostic” technical analysis of the charts provides som…
Gold is on a record bull run, up from $328 in 2002 to $1,375 an ounce today. What caused that steep rise wasn’t any inherent increase in gold’s value to society, but a clever marketing scheme that allowed it to be traded easil…