Gold has long been thought to be a good inflation hedge. In reality, many people have looked to gold as a “alternative currency,” especially in countries where the national currency is depreciating. When their own currency fails, these countries often resort to gold or other strong currencies. Gold is a genuine, tangible asset that, for […]
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Futures E-mini S&P 500 futures trade on the CME Globex trading platform from 6:00 p.m. U.S. ET through 5:00 p.m. U.S. ET the next day. When do stock futures trade today? When does the stock exchange begin trading? It’s a straightforward question with more solutions than you might expect. On weekdays, the U.S. stock market,
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Assume Company X is aware that it will need to purchase 20,000 ounces of silver in six months to satisfy an order. Assume that the current market price for silver is $12 per ounce, and that a six-month futures contract costs $11. Company X may lock in a price of $11 per ounce by purchasing
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In 2020, Germany’s economy was by far the greatest in Europe, with a Gross Domestic Product of nearly 3.3 trillion Euros. The United Kingdom and France, which have similar economies, were the second and third largest economies in Europe this year, followed by Italy and Spain. Which European country will have the greatest GDP in
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Gold futures are standardized, exchange-traded contracts in which the contract buyer promises to acquire a particular quantity of gold from the seller at a predetermined price on a future delivery date. Companies in the precious metals business can use gold futures to hedge their gold price risk on a planned future purchase or sale of
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According to IMF forecasts for 2021, Luxembourg has the greatest Gross Domestic Product (GDP) per capita at $131,781.72, while Burundi has the lowest at $265.18. Which country is the poorest in the world? Burundi, a small landlocked country ravaged by Hutu-Tutsi ethnic conflict and civil violence, has the terrible distinction of being the poorest country
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Unfortunately, a worldwide economic recession in 2021 appears to be a foregone conclusion. The coronavirus has already wreaked havoc on businesses and economies around the world, and experts predict that the devastation will only get worse. Fortunately, there are methods to prepare for a downturn in the economy: live within your means. Is the UK
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Benefits from Social Security and Supplemental Security Income (SSI) are adjusted to keep up with inflation through COLAs. The most recent COLA for Social Security benefits and SSI payments is 5.9%. Is it true that Social Security payouts increase in lockstep with inflation? Yes, Social Security benefits are adjusted higher to account for inflationary effects.
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A recession is a period of economic contraction during which businesses experience lower demand and lose money. Companies begin laying off people in order to decrease costs and halt losses, resulting in rising unemployment rates. Re-employing individuals in new positions is a time-consuming and flexible process that faces certain specific problems due to the nature
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During the Great Depression, bank runs were an issue, and many people lost their savings as a result of bank collapses. Soon after, the Federal Deposit Insurance Corporation (FDIC) was established to ensure that no bank customer loses their insured funds as a result of bank runs or other institutional failures. During a recession, should
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