California drops scheme to cut petroleum use by 50%

California Governor Jerry Brown has abandoned a plan to require the state’s petroleum use to drop by 50% over 15 years. The amended bill, known as SB350, would still include other provisions involving energy efficiency and use of renewable energy resources. … Read More

US ‘Economic Confidence Index’ drops

    Gallup’s weekly ‘Economic Confidence Index’ ended at one of the lowest levels seen in the past year after the losses suffered throughout the world’s stock market. The weekly measurement of -14 ties the lowest average seen this year, … Read More

Obamacare Enrollees Unhappy With Their Healthcare Coverage

            A Deloitte poll has shown that just 30% of Obamacare enrollees are satisfied with the service, significantly lower than any other healthcare service. The poll, carried out by Deloitte’s healthcare research arm, also showed … Read More

Global Stocks and Commodities Dropping Like Stones

Just in the last 48 hours, there has been nothing short of financial carnage across the globe. The following is just a summary: Sunday night saw the Shanghai Composite Index (SHCOMP) drop 8.5%, its largest crash since 2007 and the … Read More

Greek PM Accuses Europe of “Blackmail” and “Scaremongering”

The Greek nation will take to the voting booths this Sunday, July 5, in a referendum to decide whether to accept Europe’s latest bailout proposals. Greece’s Prime Minister, Alexis Tsipras, has called the eurozone offer “blackmail”, and has called on … Read More

Global Stock Markets Suffer as Greek “Egotism” Prevails

Stock marketsaround the world suffered big hits during the day as Greece’s position within the euro becomes increasingly more precarious. With all the doors of Greek banks (and the Athens Stock Exchange) now firmly shut, and capital controls imposed across … Read More

“Vulnerable” U.S. Economy Concerns IMF

At the close of last week, the International Monetary Fund (IMF) revealed that it had strong and varied concerns over the current state of the U.S. economy. Christine Lagarde, the IMF’s Managing Director, said she considered there to be few … Read More

Is the gold and silver ratio shrinking or growing?

The gold and silver ratio as of April 21, 2015 is 74. This means that, based on the U.S. dollar, it would take 74 ounces of silver (currently $16.07 per ounce) to equal one ounce of gold (currently $1,201 per … Read More

What Will Become of the Gold/Silver Ratio in 2015?

Precious metals have long been foundational aspects of a well-rounded investment strategy. While most people see precious metals (such as gold and silver) as the main materials for jewelry and coins, they are used widely for industrial purposes. This means … Read More

What Is To Become Of The Gold/Silver Ratio in 2015?

The gold to silver ratio, simply put, is the ounces of silver needed to purchase one ounce of gold.  As the price of all other goods and services fluctuate, the world currencies of silver and gold fluctuate as well. Importantly, … Read More