Meraglim Blog

Here’s a New Tax… on Nothing

Cities, states and countries around the world are facing a common dilemma ⁠— too much debt and not enough growth. Entitlement spending and spending on favored unions for teachers and construction workers are growing faster than the rate of inflation, but tax collections from everyday workers cannot keep up. One of the reasons growth is

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Trump Will Call China’s Bluff in the Trade War

China has now adopted a new strategy in the ongoing trade war with the U.S. Their strategy is “Blame Trump!” China is taking the position that their requests are reasonable and that only Trump’s intransigence is holding up an agreement. Wall Street is cheering China because an end to the trade war will likely bring

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Even the “Bond King” Is Buying Gold

Readers know about the recent action in gold prices. The dollar price of gold moved from $1,270 per ounce to $1,440 per ounce from late May to late June. That’s a 13.3% gain in one month, which annualizes to a 160% return. Of course, gold is likely to level off a bit until we get

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