The US government shut down once again as our public servants refused to work in a partisan fashion. Over 2.1 million civilian federal employees will be affected, with 750,000 furloughed without pay. Naturally, Congress will still receive a paycheck and their lobbying checks. The duration of the shutdown is unknown, […]
The lines of dominoes being toppled run through every nook and cranny of the economy. As we all know, the problem with euphoria is the inevitable collision with reality and the resulting disillusionment. But wait–it gets worse. The new love of your life, your savior who is going to make everything […]
Let us hope that global leaders will not choose a path that takes us to nuclear war, because the fate of billions of people is literally hanging in the balance. Unfortunately, our relations with Russia have deteriorated significantly in recent weeks. Very serious threats are being made, and it appears that both […]
I am so glad that I am not a young adult looking for a job in this very difficult economic environment. Every month, federal bureaucrats tell us that the unemployment rate in this country is low, but at this point everyone knows that the numbers that they give us are fake. […]
In today’s financial system, what many people take for granted as foundational truths are actually deeply flawed assumptions or outright deceptions. Last week, I uncovered five of the most dangerous myths in modern finance. This week, I’ll expose five more that most people still believe. Below is a breakdown of […]
After major interest rate turnarounds (bottoms), silver is usually the big winner. The reason is clearly explained here. What it comes down to is simply that interest rates reflect the value that the market places on money. When interest rates are high, the market places a high value on money. When […]
At the end of August, contender for the Fed Chair. Michelle Bowman, told banks that “change is coming,” and unless you embrace AI and crypto your business will slowly die. With Powell’s retirement, and Bessent’s drive for stablecoin implementation to the save the US debt market, the next Fed Chair […]
Gold is not an investment; it’s a place to put your money while you wait for a good investment to come along. It’s not a wealth creator; it’s a wealth preserver. Tuesday, September 23rd, 2025 Bill Bonner, from Normandy, France More and more investors are jumping on the Gold Express. MarketWatch: […]
US consumers are increasingly dependent on Medicare, Medicaid, SNAP and Social Security. Personal Current Transfer Receipts Definition Q: What are Personal Current Transfer Receipts? A: The Bureau of Economic Analysis (BEA) explains PCTR consists of income payments to persons for which no current services are performed. It is the sum […]
An “unprecedented” gathering of generals and admirals will be happening in Virginia next week, and the purpose of the meeting is a huge mystery. This has sparked a frenzy of speculation on social media, but we still aren’t getting any answers. Hopefully we will get an explanation soon, because things […]