In 1917, the United States created the federal debt limit (or ceiling) to make it easier to finance World War One, essentially allowing Congress to borrow money to pay for the war effort by issuing bonds. By 1939 with World War Two looming, Congress passed the first aggre...
Richard (Rick) Mills
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October 8, 2019
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A lot of Americans find themselves in a quandary over Donald Trump. On the one hand they can’t stand the braggadocious billionaire for his lack of principles, business ethics, exorbitant wealth, his treatment of women, minorities, the list goes on and on. But...
Richard (Rick) Mills
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May 10, 2019
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Maurice Jackson: Today, we're going to discuss precious metals premiums, the COMEX and the big picture. Joining us for a conversation is Andy Schectman, the president of Miles Franklin Precious Metals Investments . Andy, investors in physical precious metals are upset...
Streetwise Reports
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April 23, 2020
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Stock markets rebounded on Tuesday, after the White House announced further measures to help Americans and companies hurt by the coronavirus pandemic. The Trump Administration is reportedly considering sending checks to Americans so they have cash to spend during the outbr...
Richard (Rick) Mills
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March 18, 2020
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One of the worst weeks on Wall Street mercifully ended on Friday. S&P 500 DJIA Nasdaq After multiple sessions of panic selling, the markets caught an up-draft after US President Trump declared a national emergency over the coronavirus, thus freeing u...
Richard (Rick) Mills
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March 16, 2020
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Economists are good for one thing, and that is creating theories. The trouble is, those theories are often wrong. This is why economics is often called “the dismal science”. Such is the case with the latest economic soup-de-jour, Modern Monetary Theory, o...
Richard (Rick) Mills
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April 12, 2019
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Vanstar Mining Resources (TSXV:VSR) is a gold exploration company with properties in Northern Québec at different stages of development. Projects include Nelligan, Bousquet-Odyno and the Amanda Project. Here to update us on Vanstar’s recent business...
Coreena Robertson
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August 30, 2023
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The global debt as a percentage of the GDP has increased from around 100 percent in 1950 to almost 200 percent in 2007 and to 225 percent in 2017. The world is more indebted than it was when the global financial crisis burst. Isn’t this economic madness? We inv...
Arkadiusz Sieron
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September 25, 2019
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Olympia Financial Group conducts most of its operations through Olympia Trust Company, providing trust and custodial services to investors in Canada’s private capital markets. The company serves clients from across Canada and is a significant player i...
Brieanna McCutcheon
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December 12, 2022
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The global economic expansion continues apace, albeit not without hiccups and setbacks focused around the PIIGS group of nations. There, we recently saw trouble manifest in Fitch Ratings Agency’s downgrade of Portuguese sovereign debt (from AA to AA-), an eve...
Matt McAbby
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October 28, 2012
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