Santa Claus is coming to town. We know this because the North American Aerospace Defense Command (NORAD) has once again commenced tracking the progress of the jolly old elf as he makes his appointed rounds on Christmas Eve.
Free market capitalism is not really about long periods of quiet prosperity.
Q: Gold has fallen in price. Is it time to buy?
It is hard for an investor to get paid in a ZIRP (zero interest rate policy) world.
Global trade in crude oil is dominated by futures markets, wherein users such as refineries lock up supplies today at a fixed price for delivery at some time in the future. Supplies have traditionally been considered fungible, meaning that the source was essentially immaterial, and that oil from one supplier traded at the same price as oil of equal quality from anyone else.
