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~ Quotables ~ "There is no clean way to make a hundred million bucks. Somewhere along the line guys got pushed to the wall, nice little businesses got the ground cut out from under them. Decent people lost their jobs. Big money is big power, and big power gets used wrong. It's the system." ~Raymond Chandler , The Long Goodbye -
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Author Archives: admin
BRICS Currency ‘Almost Ready’, Will Be Much More Attractive Than US Dollar, Pound and Euro
A former Russian minister says a BRICS currency with unique attributes is nearly ready to launch. In an interview with TV BRICS, Sergey Glazyev says that the currency itself is almost complete, but it still needs support from all leaders … Continue reading
KA-CHING! THE WORLD’S ATM, THE USA
The United States has become the world’s ATM. Any war or crisis that might break out somewhere on the planet automatically triggers the USA to begin spitting out as much money as necessary to deal with the problem. Other countries … Continue reading
Living Paycheck To Paycheck Has Become “The Main Financial Lifestyle For U.S. Consumers
Despite the fact that our politicians in Washington have been borrowing and spending trillions of dollars that we do not have in a desperate attempt to prop up the economy, living paycheck to paycheck has become a permanent lifestyle for … Continue reading
The Specter of Hyperinflation Looms over the Economy
The threat of hyperinflation has haunted fiat money economies throughout history. Although past empires crumbled under the weight of unrestrained money printing, modern bankers at the Federal Reserve assure us that today’s financial system is immune to such a fate. … Continue reading
The Gold Market to Jay Powell: ‘Bring It On!’
It’s hard to deny the safe-haven trade that has propelled gold prices back to $2,000 an ounce. The chaos in the Middle East caused by the Israel-Hamas war is providing solid momentum for gold, but there is more going on … Continue reading
Traders Wait to See if Gold Can Break $2,000 After the Fed Holds Rates Steady
…and it broke $2,000 on Friday afternoon! Investors and traders need to keep an eye on gold’s $2,000 an ounce level next week as the market navigates further volatility created by the Federal Reserve’s expected hawkish higher-for-longer monetary policy stance, … Continue reading
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Official Medicare Premiums 2024 – The Numbers Are In
Healthcare costs are on the rise for Medicare recipients – nationwide. The information for this article is sourced directly from the Centers for Medicare & Medicaid Services.. On the heels of the Social Security announcement of a 3.2% cost of … Continue reading
The Myth of the Invincible Dollar
I write a lot about the national debt – And most people don’t care… That’s because there’s a widespread belief that the dollar is invincible. It isn’t.
US Economy in Crisis: Here’s What Happens Next
Current economic indicators provide a mixed picture. On one hand, the country has experienced robust GDP growth, signaling a strong economy. The labor market remains tight with historically low unemployment rates, and job gains continue to be impressive. However, a … Continue reading