How the Gold Standard Turned the 1929 Crash Into the Great Depression
Discover the shocking truth about how the gold standard transformed a routine stock market crash into the most devastating economic disaster of the 20th century. While most people believe the Great Depression started with Black Tuesday in 1929, the real culprit wasn’t the crash itself – it was the monetary system that turned a manageable financial panic into a decade-long catastrophe. This eye-opening analysis reveals how a system designed for stability became an engine of destruction that left 25% of Americans unemployed and devastated economies worldwide.
Markets Take a DEEPER DIVE!
All US markets crashed hard on Friday in an epic landslide as stocks took a downhill thrill ride for the record books. Bonds and Bitcoin joined the collapse!
The stockslide down the mountain in a few stocks on Thursday that I warned, even as many other stocks soared, could be the likely start of a major market crash, developed into a thunderous roar on Friday. It swept the NASDAQ another 4% over the cliffs into the largest point-drop (-1,121) in NASDAQ history … as in ever! $1.75-trillion got wiped out in the overall stock market in a single day! That’s what I call some sudden realization of the kind I warned could develop very quickly!
Suddenly, the mountain moved, as Trump would like to say, “like never before! No one has ever seen anything like this before!”
Wall Street is dumb. Of course, if Trump totally TACOs out after Friday’s historic market mess, then maybe the war will suddenly end. It could be his biggest TACO yet. Or … (We’ll get to that.)… (Continue to full article)
Top Democrats urge Treasury Department to halt production of gold coins with Trump image
Two Senate Democrats on Thursday called on the Trump administration to stop the production of a 24-karat gold coin bearing President Trump’s image to commemorate America’s 250th birthday, with the lawmakers expressing concerns that some of the gold used by U.S. Mint could be traced to foreign cartels.
Sens. Elizabeth Warren (Mass.) and Ron Wyden (Ore.) — the top Democrats on the Senate Banking and Finance committees — sent a letter Thursday to Treasury Secretary Scott Bessent and Mint Director Paul Hollis requesting to halt the coin’s production, citing reports that the gold purchased by the Mint to make coins was sourced from illegal mining operations.
At the very least, the Mint should ensure that a coin intended to honor the nation’s 250th anniversary is not made of gold linked to exploitation and criminal activity… (Continue to full article)
Gold Price Sits At Critical Technical Support: History Says Buy The Breakdown
After a blistering rally that carried bullion to record highs at $5,600 earlier this year, the metal has spent recent weeks consolidating and is now hovering directly above its long-term trend line.
For many traders, a break below the 200-day moving average is viewed as a bearish signal. Recent history suggests the opposite may be true for gold.
Spot gold – tracked by SPDR Gold Shares (NYSE:GLD) – changed hands near $4,500 per ounce on Wednesday, up roughly 1.5% on the day, after a multi-week pullback dragged it back down toward its rising 200-day average near $4,397.
The metal sits about 20% off the early-February peak above $5,600…. (Continue to full article)
If USPS Runs Out of Cash, Here’s What Could Happen to Your Mail Delivery
The warning was blunt and delivered in public: Postmaster General David Steiner told a House oversight subcommittee in March 2026 that the U.S. Postal Service is less than a year from running out of money. If USPS keeps paying all its obligations as it has been, the cash runs out as soon as October 2026. If it defaults on more payments to buy time, the deadline extends to February 2027, but only temporarily.
This is not a drill. For the 169 million addresses USPS delivers to six days a week, the consequences are anything but abstract. Retirees and others who rely on the mail for senior benefits have a direct, concrete stake in what happens next. Here’s what’s driving the crisis, what it could mean for your mailbox, and what Congress can do about it.
USPS ended fiscal year 2025 with a net loss of $9 billion on total revenue of $80.5 billion — and the core reason is simple: far fewer people use the mail. First-Class Mail and Marketing Mail volumes have fallen by more than 50% since 2007, gutting the product that once made USPS reliably profitable. Package delivery has grown to fill some of that gap — Shipping and Packages now account for roughly 40% of total operating revenue, up from about 14% in 2007 — but competing against UPS, FedEx, and Amazon’s own logistics network in a crowded market hasn’t been enough to offset the losses.
In response, the agency has suspended roughly $2.5 billion in pension contributions and proposed additional stamp-price increases as short-term steps to shore up its finances… (Continue to full article)
Investors Need to Realize Silver Supply Bailouts Are No Longer Available
In September 2020, JP Morgan paid a landmark $920 million settlement to resolve charges of “spoofing” – placing and cancelling fake buy or sell orders – to manipulate the silver market. A little over five years later, JP Morgan closed out a 3.17 million oz. silver short position (633 delivery notices), conveniently right before silver shot up from $73 to over $120/oz.
For over half a century, the COMEX silver futures market, along with the LBMA in the 1980s, have taken advantage of their pricing flexibility of paper futures, for which 90% on average settle in cash without any delivery. The Shanghai Futures Exchange (SFE), which began in 1993, established a model requiring physical metal be deposited for settlement against any delivery demand. Despite silver being a depleting asset, the futures markets in the west have long been geared more for speculation and hedging than actual exchange of physical asset and title. As a result, the COMEX and LBMA have had the power to artificially keep silver prices low for its banking and institutional trading clients. This ability to bail out these large financial entities is rapidly running out of fuel, as the overwhelming demand for deliveries has halved COMEX silver inventories since October 2025 to the time of this writing.
As a result, ETFs with physical silver bullion and silver mine stock holdings may very well see a bullish run in the next 24 months that may dwarf 2025’s triple digit gain.
When a futures exchange in one country inexplicably detaches from a similar exchange in another nation to create an arbitrage situation, a few hours, or at least a day, might be considered a pricing glitch. When it lasts for months on end, it begs the questions as to why is it happening, and who’s making a profit from it??? (Continue to full article)
Oil bosses warn prices will soar in a matter of weeks as inventories near unprecedented lows — ‘I mean really, really low levels’
With the Strait of Hormuz still effectively closed, top oil-consuming countries have been rapidly draining their reserves, helping keep crude prices in check.
But Exxon Senior Vice President Neil Chapman warned at an industry conference on Thursday that such drawdowns can’t go on indefinitely.
“We’re approaching unheard of inventory levels,” he said, according to CNBC. “I mean really, really low levels. You can debate whether that’s going to hit those really low levels in two weeks or three weeks. Once you get to that point, then you’ll see price shoot up.”
For now, the U.S.-Iran ceasefire talks are deadlocked while the Strait of Hormuz remains a contested waterway. That was on display Saturday, when U.S. forces fired a missile at a blockade runner to disable it after ignoring repeated warnings.
Iran has also kept up attacks on commercial ships attempting to cross the strait without its authorization, though the U.S. is guiding more ships to safety.
The U.S. has released about 50 million barrels from its Strategic Petroleum Reserve since the war with Iran started, sending the stockpile down by 12% to 365 million barrels, the lowest since April 2024… (Continue to full article)
