Covell Financial

Most people who follow gold have a mindset that gold is an inflation hedge. That is, that gold goes up when inflation goes up. Right now gold is at record highs and climbing, yet inflation is running at about 1.3% -so what’s going on?
The Wall Street Journal has an interesting article that points out that […]

Here’s something that is not getting much press, and you have to wonder why.
So far in 2010, there have been 103 bank failures. That is twice as much as 2009, which was a pretty bad year. One of the contributing causes to borderline banks going under, in my opinion, was the increase in FDIC coverage. […]

I think it is important that people understand what a trillion dollars actually is. The word “trillion” is thrown around without anyone, especially politicians, really knowing what a trillion represents. All we know is that it is a “big” number.
My own theory is that if people know what a trillion dollars is, they will have […]

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