Following the World War II, some European politicians had a dream to form a joint currency. The idea, as farfetched as it seemed, happens to have become reality after several decades. It was in 1999 that the European Union member countries got together to introduce a new currency in the market, the Euro. It is [...]
Steve V. writes for WealthSharp.com, an investment and personal finance site dedicated to helping readers obtain true wealth. It’s been a rough 5 years for the U.S. economy. Since the housing market crash that triggered the Great Recession, it’s been consecutive years of unemployment, weak housing data, growing health care costs and more budget cuts. [...]
Hyperinflation refers to the rapid increase in prices of goods, services and assets in the economy. Inflation has been relatively stable in most OECD countries over the past two decades, and has been observable in the gradual increase in general prices and nominal wages, the latter of which are often indexed to inflation so as [...]
Why do you need to stock up for 2012? The economy is in tumultuous times right now, and you never know when you will lose your main source of income. On top of that, money is being printed out left, right and centre as a desperate attempt to combat the ever-growing debt (for more information, [...]
So what is happening to the price of gold and silver? If anyone has taken a look at the price lately, silver has fallen from roughly $45 per ounce to roughly $30 per ounce, while gold has fallen from roughly $1800 per ounce to roughly $1600 per ounce. This is quite a concerning fall for [...]
