Copper Jumps to Its Highest Level Ever: What the Metal Is Telling Us

An open-pit copper mine at Asarco’s Mission Mine Complex in Sahuarita, Arizona, US, on Friday, March 6, 2026. Rebecca Noble – Bloomberg – Getty Images

Copper surged to a record high Thursday, but the latest rally comes against a more mixed growth backdrop, making the once-reliable gauge of economic health, “Dr. Copper,” harder to read.

U.S. copper futures climbed to around $6.90 a pound Thursday, extending a rally in a metal used for construction, electronics, transportation and even AI applications. It then retreated to end the session after touching the new high. Continue reading

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Williamson: Gold and the Quiet Takeover

“Remember, democracy never lasts long. It soon wastes, exhausts, and murders itself. There never was a democracy yet that did not commit suicide.”John Adams

How the State Is Buying the Economy and Reshaping the Global Monetary System

A few weeks ago, I woke with thoughts about Trump that I couldn’t shake – a growing realization that the promises that once energized his supporters have quietly disappeared from the news cycle.

Trump standing up against the feds, vowing to eliminate the Federal Reserve.

Trump calling for an audit of Fort Knox.

Trump promising to wipe out the income tax entirely.

Trump pledging to make America the “crypto capital of the world,” to create a strategic Bitcoin reserve, to end the regulators’ war on crypto.

Trump vowing to end the war in Ukraine within 24 hours.

Trump promising to cut our energy bills in half.

Trump pledging to end taxes on Social Security.

I supported many of these promises. And I started wondering why we just don’t hear about them anymore. Continue reading

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Ayn Rand’s Hymn To Money

Gold Money Is the Root of All Good; Paper Money Is the Root of All Evil

~ A Blueprint for a New Gold Coin Standard ~

July 1, 2002 ~ Millions of people who have read Ayn Rand’s 1957 monumental work “Atlas Shrugged” must have been impressed by an insert that could be entitled “Hymn to Money”. This insert is buried in the 1600 pages of the novel and is difficult to find. However, it is a self-contained literary masterpiece in its own right. For these reasons it may be a good idea to publish it separately.

Some remarks may be in order. Ayn Rand uses the word “money” in the sense of gold money. This may not be in line with current usage, but it is certainly correct etymologically. The English word “money” is derived from the Latin moneta, meaning “forewarner”, epithet of the goddess Juno. Her temple on the Roman Capitolium doubled as the Mint where the gold and silver coins of Rome were struck. Continue reading

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Smith: Dreams of Prosperity and an Inflated Currency ~ Eradicate the Federal Reserve Bank

“Long before we wake up from our dream of prosperity through an inflated currency, our gold, which alone could have kept us from catastrophe, will have vanished and no rate of interest will tempt it to return.” ~ U.S. Senator Elihu Root (R-NY) 1913

Puck cartoon of Senator Nelson Aldrich circa 1906

October 17, 2019 ~ The Federal Reserve Bank has been a bone of contention, since our nation’s founding. This rogue agency has proven itself to be the evil entity that many early American leaders believed it to be, but not one word on the Fed was forthcoming, when Congresswoman Maxine Waters announced the schedule of the House Financial Services Committee on October 3rd, after the Federal Reserve Bank started transferring billions of dollars into the Repurchasing Market on September 17th. This activated its proposal to hand seventy-five billion dollars a day to unnamed banks on Wall Street, until November 4th, the first such intervention since the 2008 economic collapse and the bailout of financial organizations deemed “too big to fail”; and, it is just one more criminal act in a long line of abuses committed against all America. Continue reading

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The US King Dollar Has No Clothes: America’s “Toilet Paper Money”

tp0August 12, 2015 ~ The conventional wisdom is that no other currency in the world can support the global bond market save the US$ Toilet Paper Money. Therefore, we cannot do without the US$ toilet paper money!

The so-called experts in economics, including the Nobel Laureates are always reciting the mantra of the global central banks led by the FED and the Bank of England (BOE) that the US$ Toilet Paper Money is indispensable to global monetary liquidity because it is the anchor of the global bond market, specially the US Treasury bonds.

Such is the accepted wisdom of the so-called wise men and women of global finance. Continue reading

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Treasury Dept Finds $99M in Payments to Deceased Recipients With New Verification Process

U.S. Secretary of the Treasury Scott Bessent

The Treasury Department announced Tuesday that its new verification process found $99 million in payments for deceased recipients.

The department said that it screened over 885 million payments totaling approximately $2.77 trillion, and discovered more than 4,900 payments worth approximately $99 million that were intended for deceased payees. Those 4,900 payments were returned to the federal agencies they came from for review before any funds were disbursed.

“Treasury has delivered on a key promise of President Trump’s mandate to stop improper payments and fraud before money leaves the Treasury, and strengthen the integrity of the federal payment system,” Treasury Secretary Scott Bessent said in a statement. Continue reading

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Day: How Parents Can Secure Care and Support for Their Special Needs Child

Parents and caregivers raising a child with disabilities often carry the emotional challenges of caregiving alongside constant decisions about safety, schooling, and services. The core tension is simple and heavy: parental incapacity or death can transfer responsibility overnight, and without special needs child care planning, critical supports can be delayed, disputed, or lost. Long-term care provisions and future legal planning are not about expecting the worst; they are about reducing uncertainty and protecting a child’s day-to-day stability. Understanding the special needs guardianship importance is a first step toward making care enforceable rather than informal. Continue reading

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Nixon 1971: The Day the President Made the Dollar Stop Being Real — And Nobody Voted On It

On August 15, 1971, President Richard Nixon interrupted Sunday night television to make an announcement that would quietly reshape the entire global financial system. Without a single vote in Congress, without consulting America’s allies, and without any public debate, Nixon severed the last link between the U.S. dollar and gold — ending the Bretton Woods system that had governed international finance since World War II. Continue reading

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U.S. Treasury Is Borrowing $153 Billion a Month as Debt Interest Hits $857 Billion

The United States recorded a $1.373 trillion federal budget deficit during the first nine months of fiscal year 2026, averaging approximately $153 billion in new borrowing each month. Revenue climbed to $4.151 trillion, but federal spending rose faster, reaching $5.523 trillion between October and June.

Interest has become the most alarming part of that equation. The government spent $857 billion on net interest during those nine months, up $98 billion, or 13%, from the comparable period in fiscal year 2025.

That works out to roughly $95 billion a month and about $22 billion a week when spread across the full October-to-June calendar. Continue reading

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For Whom the Debt Tolls: US ‘Default Doomsday’ Clock Nears Midnight

This Is Why It Matters for You

Time is running out!

The “Debt Default Clock” – which measures how close the country is to a financial crisis – is only two economic events away from “doomsday”, a committee of seven economic experts behind the project said this week.

The experts said that two events could lead to the U.S. failing to pay its debts, and trigger a recession or depression. First, the share of debt the U.S. is using to pay interest hits 70 percent. Second, the government blows through the debt ceiling that limits how much the country can borrow.

“The country is increasingly borrowing simply to pay the interest on what it already owes,” Debt Default Committee Chairman Baker Spring said. Continue reading

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