We’ve written many times in the past about SDRs. That’s an acronym for special drawing rights, issued by the International Monetary Fund (IMF). SDRs are not hard to understand. They’re just world money printed up by the IMF as needed and handed out to their member countries as a reserve asset and source of
For months, the world has been focused on the threat from North Korea and the hot war in Syria. The North Korean situation was heading for war as late as last December. But a thaw in relations starting with the Olympics in February and continuing toward a planned summit between North Korean leader Kim
Jim Rickards joins Robert & Kim in studio for a special show about economic forecasting. Find out how to determine business trends based on Rickard’s years of experience working on Wall Street and with the CIA and Pentagon. Find Out How to Predict the Future
The news from North and South Korea has been all good lately. The North Korean dictator, Kim Jong Un, has agreed to meet with President Trump, has met with South Korean President Moon, and has even traveled to South Korea; being the first North Korean leader to do so since the Korean War armistice
GBI is the new buzz phrase that’s the talk of academia, Silicon Valley and the elites on both coasts. It stands for guaranteed basic income. It’s really just welfare by another name, but it would apply to a much broader group than just the poor and you would not have to pass any income tests
The word “hoarding” may conjure up images of pack rats piling old newspapers and magazines up to the ceiling. But it’s actually an economic term with a technical meaning. Hoarding in economics refers to the acquisition of an asset which is held, and not spent, transferred or used in transactions. Gold hoarding means the acquisition
The investing world is usually divided into stock and bond investors and those who look at foreign exchange and commodities such as gold. Usually those two worlds do not collide. So, it’s a big deal when someone in the stock and bond world crosses over to take a look at gold. That’s what just
Inflation is generally associated with a fast rising economy. Much of the rise may be nominal, not real, because price indices are rising faster than the real economy. But at least there’s some real growth underneath the froth. Deflation is the opposite. Deflation is associated with declining prices, recession and depression. According to economists’
