In 2013 the price of gold bullion lost 28 percent and closed near its low for the year. It was the first annual decline since 2000 and the worst since 1981. Gold ETFs experienced record redemptions, shrinking the funds 33 percent by year end, but they were the exception. Marcus Grubb, Managing Director of the World Gold Council, reported, “2013 has been a strong year for gold demand across sectors and geographies, with the exception of western ETF markets.” While investors were leaving ETFs, demand for gold jewelry, bars and coins was increasing, as were purchases by central banks. Globally, consumer demand increased 17 percent for gold jewelry and 28 percent for bars and coins.
Tagged: Job Creation
Although at first glance Nebraska’s tax system may appear competitive nationally, it lags behind its regional neighbors, who are its primary competitors for attracting new businesses to the state.
Recent Republican budget proposals have cut taxes on the rich and asked the middle class to pick up the tab? When was the last time any Republican proposed to increase taxes on the middle class?
The following is by guest columnist Tim Nerenz. It is a great rebuttal to democratic Senator Harry Reid’s assertion two days ago on the floor of the U.S. Senate that[...]