The trouble, according to Joe Mariano, president of the Direct Selling Association, that "there are a lot of pyramid schemes that like to disguise themselves as legitimate direct-selling companies."
Whipsawed by monetary policy expectations and the U.S.'s struggle to rein in the federal deficit, gold's fundamentals could push the market to even higher peaks.
In a letter to Congress, Treasury Secretary Tim Geithner warned the US will hit the debt ceiling in February or March and urged Congress to act quickly.
Paychecks across the country have shrunk over the last week due to higher federal tax rates, and workers are already cutting back on spending, which will drag on the economy this year.
Riding a wave of new tax revenue, California Gov. Jerry Brown on Thursday proposed a state spending plan that eliminates the deficit and provides $6.3 billion more in spending than the previous year.
Monetary easing by the Federal Reserve may not have led to inflation in the U.S. yet but it continues to divide opinion. Euro Pacific Capital CEO Peter Schiff hit back at economist Paul Krugman on Thursday after the Nobel Laureate derided him in a New York Times column.
With interest rates predicted to stay low for the rest of the year, prospective borrowers can save for their down payment and improve damaged credit scores.
Apple is working on a cheaper version of its popular iPhone that could be released this year, according to a report in the Wall Street Journal on Tuesday.