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Economy

“Labor Day Travel Seen Climbing 9% After Record US Summer”

August 22, 2024

“Bookings for domestic travel over the US Labor Day weekend are up 9% from last year, according to motor club AAA. While the estimate only includes travel booked through AAA, the data adds to a sanguine picture for summer fuel… Continue Reading…

Cryptocurrencies, Economy, Precious Metals

“Worsening US debt outlook seen more in gold and bitcoin than in bonds”

April 24, 2024

“…The U.S. budget deficit widened to $1.7 trillion in fiscal year 2023 and is on track to reach $2.6 trillion by 2034, according to the Congressional Budget Office. U.S. government debt held by the public, meanwhile, is on pace to… Continue Reading…

Real Estate

“Mortgage rates could hit 8%, economists say, citing a worrying sign not seen since the Great Recession”

August 17, 2023

“…Three experts told MarketWatch that if the economy continues to show signs of strength, and the U.S. Federal Reserve hikes its benchmark interest rate once again, rates could go up to 8%.  High rates have already taken a toll on… Continue Reading…

Economy, Investing, Precious Metals

“Gold Seen Cracking $1,600 as Fed Goes for Cut, Cut, Cut, Cut”

January 1, 2021

“Gold will surge above $1,600 an ounce as the Federal Reserve embarks on a quartet of interest rate cuts to combat slowing U.S. growth… Bullion will benefit as the Fed opts for four, 25 basis point cuts between this month… Continue Reading…

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