Big News: The Fed, Debt Ceiling, and Physical Silver Premiums

Gold and silver spot prices lost ground to a strengthening U.S. dollar last week. The dollar enjoyed its best week in 5 months, as other major world currencies weakened. European central bankers are once again hinting at more stimulus, and the Chinese government cut interest rates for the 6th time in the past year. Federal … Read more

U.S. Economy Slouches toward Recession as Eurozone Crisis Widens

Federal Reserve chair Janet Yellen may have missed her window of opportunity to raise interest rates. The economic data no longer paint a picture of even a tepid recovery. Since the start of the year, key indicators for the economy began pointing toward recession. Add to that the recent Eurozone chaos surrounding the Greek default … Read more

Is Snapchat Worth $15 Billion?

It was recently announced that Alibaba will invest $200 million in the Los Angeles based start-up, Snapchat. This is a big move for Snapchat, which is valued at $15 billion based on Alibaba’s offer. We currently can only speculate how this will effect the two companies, but it could be very beneficial for both of … Read more