Does Economic Security Depend on Average Income Levels?

In an earlier post I suggested that there would be widespread agreement that a good society would provide members with a degree of personal economic security against potential threats to individual flourishing, including misfortunes such as accidents, ill-health and unemployment. (See: What are the characteristics of a good society?)

In suggesting that there would . . . → Read More: Does Economic Security Depend on Average Income Levels?

Fed Continues Upbeat Tenor

 On Wednesday, the Federal Reserve underscored that the U.S. economy is picking up steam but reassured observers that inflation is in check that that it will keep short-term interest rates near zero for an “extended period.”

In their statement after the meeting, the members concluded that the US economy has continued to “pick up,” . . . → Read More: Fed Continues Upbeat Tenor

COMEX Gold And Silver Margin Requirements Raised

The COMEX has raised the margin requirements for gold and silver futures contracts. Additionally, gold is trading in minor backwardation but this is probably not serious. The margin requirement rise validates the strength of the bull market. There will likely be additional margin requirement increases during this upleg.

MARGIN REQUIREMENT

A margin, or performance bond, . . . → Read More: COMEX Gold And Silver Margin Requirements Raised