A Fiscal Train About to Go Off the Tracks
When the upcoming stimulus bill passes, it will likely be larger than what was projected to be the entire deficit for all of 2020…
Continue readingWhen the upcoming stimulus bill passes, it will likely be larger than what was projected to be the entire deficit for all of 2020…
Continue readingGovernment spending forcibly takes resources from the private sector, where they are used to produce goods and services, and puts them in the hands of…
Continue readingWhat’s the impact on gold from a collapse of global banks, and how are central banks preparing for a monetary reset that could adversely impact…
Continue readingThe magic money tree does not exist. Monetary policy is only disguising a structural and dangerous spending problem. This reckless behavior can only…
Continue readingHopes that the economy might soon roar back and bring some relief from skyrocketing deficits remain unfounded for now…
Continue readingApril was a month for the record books, and now, that includes US Federal Government deficit spending…
Continue readingApparently, Congress wants to spend as much as humanly possible to take advantage of a relatively strong Dollar while it still can!
Continue readingOn Monday, The Treasury announced that it is projecting that it will need to borrow a record $3 trillion dollars for Q2 2020 with another $677 billion…
Continue readingAs the economy crashes, many millions could be left suffering and dying. The number could easily dwarf those killed by the novel coronavirus…
Continue reading“With interest rates for the United States being at ZERO, this is the time to do our decades long-awaited Infrastructure Bill. It should be VERY BIG & BOLD…”
Continue readingWashington’s hard at work figuring out how much it’s going to print and spend along with deciding who gets what…
Continue readingMore and more people are waking up to the realization that the USD buys less each year, and that gold offers a safe haven…
Continue readingThere are some minor spending cuts, most of which are not even real cuts, but instead are reductions in the “projected rate of growth”. This is equal to saying…
Continue readingIs it any wonder that savvy investors are flocking to gold?
Continue readingGold bottomed in mid-November, but the next rally wouldn’t officially begin until we get a close above $1490. Here’s why…
Continue readingWith mind-numbing trillions and trillions of unfunded obligations, Social Security and Medicare are now regarded by many as Ponzi schemes…
Continue readingThe economy’s supposedly getting better, but the deficits are getting bigger, and two months into the quarter, deficits are running much higher than before…
Continue readingThere is only one way the U.S. debt and deficit problems end. Are you prepared for it?
Continue readingThe will be a price to pay, and the longer we wait to pay it, the more that people get burned…
Continue readingThe budget deficit is soaring just as the American economy teeters and heads towards a collapse that’ll be worse than the Great Depression…
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