You probably don’t think too much about your money outside of how to make it or how it should be spent. It buys milk, cars, and DirectTV. You take home that check every Friday that perpetuates the cycle. Unbeknownst to most of us, however, is how the United States Federal Government controls how much money [...]

In the past few years, nearly all central banks are buying up gold. China, India, the US, Europe — they’re all buying up hundreds of metric tons of gold, and that’s a heck of a lot of gold. This should, of course, beg two questions: Why are the central banks buying gold? And what does [...]

For years, bank account holders have been able to take some solace in the fact that deposits were insured by the federal government. The Federal Deposit Insurance Corporation (FDIC) has long guaranteed deposits up to $250,000, but things have changed over the last year. With banks running into widespread trouble over the last few years, [...]

Many people wonder if gold currency will become the standard. Well, probably not anytime in the near future. Yet banks around the world have begun holding gold as a perfect reserve option and it’s raised a few questions amongst many people. It is, however, expected that people are going to start reverting to gold as [...]