Peter Reagan

Despite President Biden’s insistence that the U.S. is experiencing the “greatest economic recovery ever,” the evidence suggests otherwise. In fact, the U.S. economy could be heading for one of the most painful periods of economic turmoil of the last 15 years. And it’s all thanks to the disastrous policies known as “Bidenomics.”

This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: Gold’s downside doesn’t sound so bad these days, where we are on the 1970s track, and gold demand surging as Indian buying returns to pre-pandemic levels.

With all of the unanswered questions floating around in today’s economy (like “When will the recession start?), one thing is fairly certain – Today’s economic uncertainty is likely to stick around for a while. With that in mind, at some point you might wonder if you’ve saved enough to enjoy a comfortable and stress-free retirement in the face of that uncertainty…

This week, Your News to Know rounds up the latest top stories involving precious metals and the overall economy. Stories include: Gold as sentiment-driven as ever, $34 silver soon, and U.S. Mint’s gold sales have already outpaced last year’s figures. The U.S. federal government is indebted by over $33 trillion, and it matters…

Experts forecast a shaky dollar will send gold to $2,500 next year. This week, Your News to Know rounds up the latest top stories involving precious metals and the overall economy. Stories include: Gold forecasts ahead of the election, Powell feints as U.S. economy crumbles, and Kuwait bolsters its place on the list of gold consumers.

First it was the COVID economic panic that started in March of 2020. Then it was Biden’s disastrous mishandling of the military withdrawal from Afghanistan in 2021. Almost immediately following that disaster, the Biden administration went on a multi-trillion-dollar deficit spending spree that dramatically worsened inflation. Not long after, Biden led …

If you want to build a house that can withstand the test of time, you can’t have a weak foundation. So you have to build a solid foundation. The same idea holds true for your financial “house.” Your retirement savings plan has to be built on a strong foundation. Don’t spend money you don’t have – Live within your means!

This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: Central bank gold buying on track to shatter last year’s record, a different take on gold’s price and who wants a gold token instead of physical gold? 2023 may set another new record for central bank gold buying

This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: Gold doesn’t want to leave $2,000, how the U.S. government has indebted you by around $100,000, and Canada releases 2023 coin from single-source mine, while firms like Citi are resuming the purchase of Russian metals

If you don’t already realize that dedollarization is happening, there’s no clearer proof than BRICS Pay. BRICS Pay is a new blockchain-based payment system that enables members of the BRICS countries (Brazil, Russia, India, China, and South Africa) and their partners to make financial transactions in a whole new way.

There is a lot of talk in financial circles about the shift in the U.S. economy toward a “cashless society.” Naturally, there are both benefits and drawbacks to such a radical change. Because of the required technological progress, many reports focus on the advantages of an economy that goes cashless. For example, the IMF claims…

Once you receive a retirement plan distribution, then you have some planning to do. One part of that planning is deciding how you are going to roll over the funds into any new vehicle(s) and begin to enjoy the fruits of your labors. The IRS website nicely summarizes the main reason why many Americans who are saving for a stress-free retirement would do this…

This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: The not-so-hidden Chinese crisis, what we can expect from gold in the near-term, and a reminder on why only gold bullion cuts it: The Chinese economic slump and the accompanying rush to gold

This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: The Costco gold rush, the indebted legacy of the modern statesman and unpacking IMF data surrounding the U.S. dollar’s global forex share. What we learned from Costco’s foray into gold bullion…

Here’s something you don’t want to hear from your political leaders, especially in the federal government: “Our financial ship is sinking.” Yet that’s exactly how Tennessee Representative Tim Burchett recently described the situation. He made this statement because the U.S. government can’t reach a resolution that would keep its own operations funded.

This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: Investors under-educated on gold, an update on Russia’s gold dealings, and who owns the London Metals Exchange?

Despite his accolades, Krugman has made some wildly inaccurate forecasts. For example, he claimed in 1997 that the Internet’s impact on the economy would be about the same as the fax machine. In 2012, he said the euro would collapse “in a matter of months, not years.” I can forgive him for failed economic projections, but this?

Since May 2021, inflation persistently above the Fed’s 2% target has devoured our purchasing power, day by day. Making the cost of living impossible to predict and planning for the future increasingly uncertain. After a short period of cooling off, inflation is heating up again on multiple fronts. One rather unexpected price surge will make budgeting a challenge…

Savings accounts today offer the highest yields in 15 years. Even so, they may not be the best way to protect your savings from inflation. When the Fed raises interest rates to curb inflation, ripple effects spread across the economy. Some of the impacts are negative (especially if you owe a lot of money), but others are positive for savers…

This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: Global gold holdings rise to highest level since 2012, a one-way flood of gold from West to East and are we missing out on platinum’s comeback?

This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: Investment firm sounds off on gold investment in a commodities era, gold standard and why we might have been here before, and did you notice gold hit another ATH in the Japanese yen?

Corporate media headlines like Biden’s Economy Is the Best Ever or The Bidenomics Success Story leave one big question unanswered… Who is better off? (Lest we forget, “the economy” isn’t a citizen.) Are you better off than you were thirty months, two and a half years ago?

This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: Gold’s price holding up even though interest rates keep rising, the real story of inflation, and gold remains a key asset for the new global economy.

At the beginning of the pandemic panic, American households hunkered down, slashed spending and deposited their stimmie checks. Ever since, thanks to a combination of high inflation and “revenge spending,” consumer spending exploded to what Wolf Richter calls “drunken sailors partying hard” levels.

The U.S. dollar has enjoyed global reserve currency status for nearly a century now. If BRICS nations have their way, that privileged status won’t last much longer. The weakness of the U.S. dollar is top of mind for all BRICS countries, and plenty outside of BRICS too.

With all eyes on BRICS as it prepares for a meeting at the end of August that could see new members joining, the question is looming in the back of future-minded investors: will BRICS develop its own currency in a bid to challenge the U.S. dollar as the world standard?

This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: U.S. credit rating and de-dollarization, China boosts official gold reserves for 9th consecutive month, and South Africa’s gold mines are under heavy stress.

This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: Understanding why gold’s price rises despite higher interest rates, the trouble with “tokenized gold” and platinum might be the diversification asset you need.