Finance | US Dollar

The US Mint Won’t Even Buy Back Its Own Coins

Importers of scrap coins have waited for years as the US government tested coins, failing to return them without due process. Many coins appear to have been released by the government to go back to the proper owners. Yes, the U.S. Mint’s suspended buyback program remains suspended, meaning the US government won’t buy back its […]

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Finance | US Dollar

Representative Sherman’s Fall In The Fall & Rise In The Spring Interest Rate Speech

Check out Representative Brad Sherman (Democrat, California) make some religious-based assertions about when the Federal Reserve and Janet Yellen should raise interest rates. In a way, Representative Sherman makes some good points. Everything he says is true. Insert “nature” everywhere he says “God” – if you’re secular – and see the point he is making […]

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US Dollar

Puerto Rico Is The United States’ Greece

The United States is facing its own Greece moment as Puerto Rico faces similar debt questions. One key difference is that it seems unlikely that Puerto Rico will leave the United States, potentially leaving American citizens on the hook to foot the bill for the US territory of Puerto Rico. On June 28, Puerto Rico’s […]

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Gold | Silver | US Dollar

Everyone’s Buying Dollars

Gold and silver’s lower prices are not a sign the bull market is over. Instead, it is a sign that the US dollar is experiencing relative strength because other things are falling. For instance, the New Zealand central bank just finished off its biggest sale of the Kiwi in 7-years, but that is nothing compared […]

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