If You've Got Gold, You've Got Money!
King of Debt Takes the Reins The election of Ronald Reagan in 1980 provides the best recent precedent for the unexpected triumph of Donald Trump (in my opinion, the other post-war Republican takeovers of the White House –Ike in ’52,...
Jim Rickards Describes Coming Shut Down of US Financial System Jim Rickards,the chief global strategist at West Shore Group, appeared on Bloomberg Markets to discuss the next financial crisis. Rickards said he sees next US downturn approaching a tipping point soon. However, the...
Trump Triumphs as Brexit Faces a Serious Threat by John Browne Brexit and the Donald Trump presidential victory should rightly be viewed as the most significant international developments of the last decade. Both events illustrate a breaking down of globalist order...
Fiscal Stimulus Impossible Without Monetary Stimulus To Finance It movieklump Trump is the first “conservative” in US history that is a liberal. He wants to appoint Jamie Dimon to treasury secretary. Wants to spend big whilst lowering taxes. Wants to...
Fed Up Friday: President-Elect Trump has World Markets on Edge The results of Tuesday’s election stunned the world much like Brexit did this summer. Markets dipped, and then recovered quickly to close at record highs following election night. The Fed...
Midnight in America Stunned political analysts are missing the most plausible argument explaining Donald Trump’s unexpected victory. The misreading of the American electorate stems from the political class’ acceptance of mistaken (and increasingly insane) economic dogma that has arisen over...
Making America Great Again will be much harder than voters think Judging from the early indications from the Trump camp regarding Trump’s likely cabinet and advisor appointments, it’s going to be out with the old and in with the old....
The Devil You Don’t Know Is Better Than a Clinton CritiqueCat Can somebody answer me this simple question: If wages are determined on productivity, and how much productive you are, how much you produce, then how come two waiters doing...
Fed Up Friday: FOMC Revisions Likely, Regardless of Election Result With the election looming, the Fed met all expectations of delaying a rate hike in November. Whether or not a hike happens in December, the benefit to owning gold is...
Gold Hits Monthly High Amid Election Fears On Wednesday gold prices broke the $1,300 level, their highest since early October as election anxieties brought stocks and the dollar downward. Gold ended the day surrendering half its gains following the release...
Trump Victory More Likely Than Dec Rate Hike No one, not even the money masters, can predict the future and no one can predict the market. The money printers can create currency to whitewash a situation like DB, however, they...
Gold Losses Just a Down Payment for More Returns Why would Ray Dalio say the ECB and BoJ have anywhere from 8 months to 5.5 years remaining before they go belly up? The only way to get the outside number...
Venezuelans Are Awash in Cash with Nothing to Buy The people of Venezuela are currently suffering from triple-digit inflation and their bolívar fuerte (“strong bolívar”) currency isn’t worth 0.10 US cents at the moment, according to Bloomberg. As the country approaches hyperinflation levels, buying...
Was Q3 GDP Rigged Just In Time For The Election? YT Comment Ticket Attorney You KNOW for a fact these welfare whores are rigging the numbers, the stability of this country depends on false truths to begin with. Why wouldn’t...
Fed Up Friday Despite today’s GDP numbers and many expecting a rate hike in December, get ready for years of continued low interest rates for a struggling economy. A rate hike this year will simply be “too little, too late” for our weakest economy...
If you look up the words “currency” and “money” in a thesaurus, each word will probably be listed as a suitable linguistic substitution for the other; however, their economic function is almost completely opposite. Understanding the difference between currency and...
Globalization Faces Challenges For much of the second half of the 20th Century, and even into the new millennium, “Globalization” was the dominant theme used to describe the drift of the world economy. It was widely considered both natural and...
Markets Ignore Fed’s Bullard One And Done Admission YT Comments Tenderfoot Prepper That’s why I’m voting for Trump. Not because I completely believe in him, but because the left (and the establishment right) have been soiling themselves for a solid...
Charts – shadowstats.com As you can see from the charts above inflation is tricky to measure. Over the course of the past three-four decades the federal government has chosen to re-define inflation and what is actually measured. Items like food...
In his latest podcast, Peter reports on the week’s economic numbers and takes the popular media to task for helping Hillary Clinton secure the presidency. Biased reports are showing Obama as a “deficit-reducing miracle worker,” while the debt-to-GDP has never been...
My father died one year ago today. In memory I am posting one of the final episodes of his weekly short-wave radio show, originally aired live on Father’s Day 2005. His discussion of the U.S. economy is as relevant today...
YT Comment Lisa Murphy The press is so obviously piling on Trump it makes me want to vote for him – when I was iffy about it before. I wonder if it’s effecting others that way also. I detest the...
The basic definition of an interest rate is simply the cost of borrowing money. It’s the cost associated with acquiring credit, whether buying a car, getting a mortgage, or taking a vacation. We encounter interest rates every time we make...
by Samuel Bryan In a recent article on the next looming recession, Peter Schiff explains how current monetary policy has come to a crossroads. With respect to interest rates, there now seems to be two entrenched camps: raise or don’t raise....
