Inflation has climbed to the highest level in more than a decade. The rising cost of living — a.k.a. inflation — has surged at its highest rate in more than a decade as the U.S. economy fully reopens. How high will it go? And how long will it last? These questions are unlikely to be…

U.S. consumer prices increased in May at the fastest annual rate in nearly 13 years as the economic comeback from COVID-19 lockdowns continues to build momentum. The Labor Department said Thursday that the consumer price index in May rose 5% year over year, hotter than the 4.7% increase that was anticipated. The reading was above last month’s 4.2% print.…

Economists’ inflation expectations keep rising as a variety of key metrics underscore building price pressures. Forecasters raised their estimates for the consumer price index and for a key inflation gauge favored by the Federal Reserve, known as the personal consumption expenditures price index, every quarter through the first half of next year, according to the…

Coronavirus is triggering big trouble in the U.S. stock market. If the coronavirus isn’t better contained in the days ahead, the stock market could continue to fall due to an increase in panic selling an already overextended stock market. Take a look at the chart below showing high rate of insider selling outpacing buying by…

Truth: Gold prices are driven not by nominal rates (which are not adjusted for inflation), but by real interest rates (which are nominal rates adjusted for inflation). Misconception: No relation of – gold and the federal funds rate. Chart from 1993-2006 shows that while federal funds rate fluctuated, the gold stayed unrelated to its changes.…

A Self-Directed IRA can accept Forex and trade in the forex market. Diversify your assets with an IRA that accepts Forex, Commodities and Gold – Self-Directed IRAs. You will not be paying taxes on forex trading gains until retirement. Basically, you’re able to day-trade tax-free and avoid paying taxes on forex trading gains until retirement…