Extraordinary Rise In U.S. Debt In Just The Last Two Weeks
It is hard to imagine that this apparently relaxed attitude toward explaining the huge recent increase should not be positive for gold…
Continue readingUS National Debt
From Gold Manipulation To The Latest Inflation Tricks & Lies, Absolute Distortion Continues
Such tricks can’t last, but it’s flattering to know how terrified the liars are of truth, and despite gold manipulation, we still see…
Continue readingMore Public Debt Is Coming: Another Gold Rally Ahead?
Fiscal exuberance should be supportive of gold prices. The ever-rising public debt should zombify the economy and…
Continue readingAll-knowing, all-powerful central bank throws in the towel
All of these bad ideas helped create the current supply chain dysfunction. Inflation. Labor shortages. And now we see signs that…
Continue readingWho Even Owns Our National Debt?! (Not Who You Might Think) + Inflation Still a Serious Threat
What’s the threshold for loss of world reserve currency? When does that happen? What comes next?
Continue readingDebt Ceiling Game, Inflation Now
They bought a window of time to figure out a way to explode the Federal debt by trillions of dollars…
Continue readingWhy Americans Would Benefit from a Government Default
The Biden administration’s rhetoric on the debt ceiling has become nothing short of apocalyptic…
Continue readingNegative Bond Yields And An Asset That Is No One Else’s Liability (Gold)
Today, the value of everything is tied in some way to energy. Gold doesn’t…
Continue readingHidden Bankruptcy, Gold Boon: The Reality Behind Uncle Sam’s Inflated Bar Tab
Given the stark but ignored reality of unpayable U.S. debt, the implications going forward are…
Continue readingDefault Hysteria: No Time To Panic; Time To Plan
Economic “crisis,” which is really a painful return to economic reality, is inevitable. It’s certainly time to think about…
Continue readingPowell Sings a Different Tune: Why The Change Of Heart?
Political theater plays out over the debt ceiling…
Continue readingDefaulting On The National Debt, Rewarding The Regime, And The Obligation To Pay Our Debts
Public debt is paid off with tax dollars from taxpayers who had no choice in the matter and were not parties to the contracts between the creditors and the borrowers. […]
Continue readingTheater Of The Absurd
It has been a very frustrating year for holders of precious metal. However, price…
Continue readingYellen Is Wrong: The US Government Doesn’t Always Pay Its Debts
In 1934, the United States defaulted on the fourth Liberty Bond. The bonds were to be payable in gold. This presented a big problem for the US, which was…
Continue readingAmericans Are Taking On Debt As If Tomorrow Will Never Come
After being showered with trillions upon trillions of dollars by the federal government, you would think that most Americans should be in pretty good financial condition…
Continue readingLBJ called, he wants his inflation back
Prosecuting an unwinnable war while simultaneously building the Great Society proved to be incredibly expensive, and the US…
Continue readingOne Mad Market, Six Cold Reality Checks, And Gold
Gold & silver have nowhere to go but up, up and away in this totally…
Continue readingTranslating Yellen-Speak into Golden-Speak: All Roads Lead To Gold
Given the increasingly politicized interplay of central bank policy and so-called free market price discovery, it’s becoming increasingly more important to…
Continue readingResetting The Federal Debt: A Solution That Includes Gold
An eighth-grader can see that this debt cannot be paid…
Continue readingMoney Is Cheap, Own Gold
Sure Mr. Biden, money is cheap. But whose money is it? Biden’s first wide-ranging budget calls for big spending on infrastructure, education and, of course…
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