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U.S. Economy


Gold Price Forecast for September Shows Demand – and Prices – Surging

Gold price forecast, Aug. 29, 2014: Buying gold during the late days of summer has proved to be a winning trade for most of the last two decades, according to Bloomberg.

Indeed, September is historically gold's best month. Over the last 20 years, the yellow metal has seen an average gain of 3% in September.

Find out here why September is so good for gold prices….


Silver Price Forecast: End-of-Year Rally to Start in September

Silver prices suffered mightily in August, as this Friday is likely to show the white metal down considerably on the month.

However, some new developments in the futures markets and the move into the fall months provides favorable trading terms for silver.

Here’s our silver price forecast for September and the months to come.

Precious Metals

Illegal Gold Mining Is Costing Countries Millions

Illegal gold mining is a growing problem that's costing countries millions.

"Countries are losing significant funds," United Nations Interregional Crime and Justice Research Institute (UNICRI) director Jonathan Lucas said to The Wall Street Journal this week.

This problem is only now starting to get the attention it deserves...

The Fed

The Fed Meeting at Jackson Hole Exposed Yellen’s Greatest Weakness

At the recent central banker conclave in Jackson Hole, Wyoming, the two most powerful central bankers in the world, Janet Yellen, chair of the U.S. Federal Reserve, and Mario Draghi, president of the European Central Bank (ECB), gave back-to-back addresses on the same subject.

It was like a controlled experiment in the attitudes and capabilities of the two leading financial powers in the world.

The contrast could not have been more striking. Draghi was nuanced, technically proficient, and had some excellent policy suggestions. Yellen was rigid, backward-looking, simplistic, and made disastrous policy prescriptions.

A close examination of the two speeches is a master class in the current state of central banking and a window into a distressing economic situation facing the world today...

silver prices

Silver Prices Today Bounce on Geopolitical Tensions

Silver prices today are beginning to pop, bolstered by safe-haven demand from unsettling news on the Ukrainian-Russian border.

If silver closes up today, it will be the first time in over a month that the white metal has traded up three days in a row.

This slight three-day rally is a welcome change. Here’s what has moved silver these past few days, and what has been holding it back over the last six weeks…

Startup Companies

Startup Companies Are Changing the World (Infographic)

Established companies get most of the attention, but startup companies are where the world gets its best ideas, and are the source of most of America's economic strength.

Startup companies are the embodiment of the entrepreneurial spirit that built America. Such innovators made the nation an industrial giant in the late nineteenth century with the rise of railroads and oil, and lives on today in the tech innovations of Silicon Valley.

This infographic explains why startups are so vital to the economy...

U.S. Economy

July Retail Sales Data Lowest in Six Months, Suggesting a Weak Q3

July retail sales data was flat, only up 0.1% from June.

The dismal July read was the weakest since January.

Here’s how that fits in to the overall U.S. economic recovery – or lack of…

Short Selling

Short Selling Unpopular GameStop Stock (NYSE: GME) Hasn't Paid Off – Yet

GameStop stock (NYSE: GME) is a short selling favorite, and for good reason.

It's trying to navigate an online-centric marketplace as a physical retailer, and the short bets are playing off this knowledge to mount a strong position against the company.

But trying to profit off GME's downfall has proven harder than anticipated. Here's why...


China's Raiding the Offices of These Major U.S. Companies – and You Won't Like Why

China isn't happy with how a lot of U.S. companies do business in their country, and has become much less shy about showing it.

Last year Chinese regulatory authorities dug up a 2008 antimonopoly law and started using it as a club on both U.S. and other foreign companies to encourage them to cut the prices they charge to Chinese customers.

Whether a violation of the law occurred or not doesn’t seem to matter…

Hot Stocks

CSCO, JCP, PCLN Among Hottest Stocks to Watch This Week

Hot stocks to watch today: While August is usually a slow month for market news, this has been an exception.

And this week will continue the activity when these companies report earnings.

Here are hot stocks to watch on earnings, including CSCO, JCP, and PCLN...