Archives for September 2017

September 2017 - Page 2 of 22 - Money Morning - Only the News You Can Profit From

World Markets Quieter On Last Trading Day Of Week, Month, Quarter

World stock markets were mostly firmer in quieter trading overnight. A lack of major news developments in the marketplace late this week is keeping equities subdued. U.S. stock indexes are pointed toward narrowly mixed openings when the New York day session begins.

Gold prices are firmer today on short covering in the futures market and bargain hunting in the cash market, following this week's selling pressure.

Friday is the last trading day of the month and of the quarter, which makes it an extra special day from a charting perspective.

Why Every Retiree Needs to Make 20% a Year

There's no polite way to say it: Americans are over a barrel when it comes to retirement.

Two decades of slow-rolling growth and the worst crisis since the Great Depression mean around 40% of today's workforce has nothing saved for retirement.

Too many people have too little money and too little time. And too many of them don't even realize it.

There's no big conspiracy, no giant hose job going on; it's a tragedy of errors. People are settling for subpar returns…

…and it's dooming them to a dismal retirement.

This is a grim picture, sure, but I'm not finished yet.

Let me paint you another. It'll show you how we got here, and, of course, what you can do about it...

How "Fedcoin" Will Spearhead the War on Cash

The one cryptocurrency you don't want to see is Fedcoin.

That's the name of a hypothetical digital currency that would be pegged to the dollar and issued by the U.S. Federal Reserve.

Some Fed officials are already talking about it, and several of the world's other central banks are investigating creating national cryptocurrencies of their own.

Fedcoin solves several problems for Washington, but at the expense of citizens' rights.

Here's why the government will love Fedcoin - and you'll hate it...