The global economic turmoil within which we are struggling to survive has brought yet another fall from the self-employed sector. Over 1 million people in the United States have been obligated to close their small businesses because of economic entrepreneurial constraints and small-business employment openings. In December 2007, an 18-month contraction began that originally caused Read More… »
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» Economists’ Faltering Estimations
The U.S. economy increased less than projected in the 2nd quarter, underscoring the listlessness that has motivated the Federal Reserve to mark down its progression predictions. Modified Commerce Department statistics revealed recently in Washington demonstrated that the GDP rose at a 1 percent annual pace from April – June, decreased from a 1.3 percent previous Read More… »
» 70% Marginal Tax Rates And Gold
Forget the financial crisis, debt ceiling debates and upcoming stimulus and quantitative easing packages. The latest news in the economic sector is forecasting a doomsday scenario for millions of Americans; marginal tax rates at over 70%. Looking back at Economics 101, we can remember that higher marginal rates cause serious economic harm. Currently, the top Read More… »
» 2012 Gold At $2,000 Per Ounce
Can gold really reach $2,000 per ounce in 2012? According to some of the most bullish gold projections from top market analysts and economists, the answer is yes. Gold is a very unique safe-haven asset because it has the ability to thrive when paper currencies and traditional investments weaken. As you may already know, the Read More… »