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Smith: America’s Drift From Free Markets to Economic Fascism

“The barbarian hopes — and that is the mark of him, that he can have his cake and eat it too. He will consume what civilization has slowly produced after generations of selection and effort, but he will not be … Continue reading

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There Is No Reprieve in the Fed’s War on Savings

There is a particular kind of financial wisdom that used to be passed down at kitchen tables. A grandparent, someone who remembered harder times, would explain that the first obligation of a responsible person was to spend less than they … Continue reading

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The Trump Administration Is Already Taking a Bite Out of Your Social Security Payments – and They May Be Going in for a Second

Social Security recipients are usually already working on a shoestring budget. However, policy shifts from the Trump administration mean those monthly funds could shrink due to a pair of new(ish) benefit offsets – one that is already taking a bite … Continue reading

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The First Inflation Report Under New Fed Chief Kevin Warsh Shows Prices at Highest in Nearly 3 Years

The first inflation report under new Federal Reserve chief Kevin Warsh shows consumer prices in April were at their highest level in almost three years. The personal consumption expenditures price index — the Fed’s preferred inflation measure — rose last … Continue reading

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U.S. Debt Exceeds 100% of GDP, $31.27 Trillion and Interest Rates Continue to Rise!

The US debt surpassed $31.27 trillion, exceeding the country’s $31.22 trillion in GDP. This represents a debt-to-GDP ratio of 100.2%, according to data from the Bureau of Economic Analysis, compiled by the Committee on a Responsible Federal Budget and released … Continue reading

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The Price of Gold Is Down 19% Since January… Here Are 3 Advantages of Investing Now!

The price of gold has been consistently rising for so long that even savvy investors may have missed something in recent months – a considerable decline in the precious metal’s price. In fact, the price of gold per ounce is … Continue reading

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Hickman: Treasury Yields Are At 20-Year Highs… and Almost Nobody Wants Them

There are pools of capital in the world so large that they cannot be parked just anywhere. Pension funds, foreign governments and central banks, giant commercial banks – they are collectively sitting on tens of trillions of dollars worth of … Continue reading

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Mask of Dimitrios

“For money, some men will allow the innocent to hang. They will turn traitor… they will lie, cheat, steal and they will kill. They appear brilliant, charming and generous! But they are deadly! Such are men as Dimitrios.” Americans, living … Continue reading

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Hickman: $100,000 Income is Now “Lower-Middle Class

Henry VIII probably thought he was being extremely clever when he started debasing his currency in 1544… and assumed that, if he reduced the silver content slowly and gradually enough, perhaps no one would notice. But the King was hilariously … Continue reading

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The U.S. Mint Buys Drug Cartel Gold…

By law, the U.S. Mint must buy American gold. Instead, they are buying drug cartel gold while assuring us it is American gold “To hold a coin or medal produced by the Mint is to connect to the founding principles … Continue reading

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