Author Archives: admin

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

Posted in The Mine or the Shaft | Comments Off on Official Medicare Premiums 2024 – The Numbers Are In

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.

Posted in The Mine or the Shaft | Comments Off on The Myth of the Invincible Dollar

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

Posted in The Mine or the Shaft | Comments Off on US Economy in Crisis: Here’s What Happens Next

Gold Prices Forecast: What Experts Predict for This Year and 2024

With investors turning to gold to hedge against inflation the price of the precious metal could soon rise again. Inflation has been high for quite some time. While the Federal Reserve has been actively trying to tame it, many consumers … Continue reading

Posted in Let's Get Physical | Comments Off on Gold Prices Forecast: What Experts Predict for This Year and 2024

For the First Time Since the Great Depression, U.S. Money Supply Is Shrinking

History Suggests This Spells Trouble for Stocks. We’re witnessing history: the first meaningful decline in U.S. money supply in 90 years. Volatility has been the name of the game on Wall Street since this decade began. Since 2020, the iconic … Continue reading

Posted in The Mine or the Shaft | Comments Off on For the First Time Since the Great Depression, U.S. Money Supply Is Shrinking

The Greatest Debt Spiral In Human History – And It’s Now Terminal.

If you’re going to go out, you might as well go out in style. Our national debt stood at $31,467,639,287,894.39 at the start of June. It is now worth $33,476,530,987,617.43. That implies that in just three months, we have added … Continue reading

Posted in The Mine or the Shaft | Comments Off on The Greatest Debt Spiral In Human History – And It’s Now Terminal.

We Are Witnessing One Of The Greatest Financial Market Crashes In History Right Now

History is starting to repeat itself. In 2008, bond prices crashed before stock prices did. Here in 2023, bond prices are crashing again. In fact, we are currently witnessing one of the greatest financial crashes in U.S. history at this … Continue reading

Posted in The Mine or the Shaft | Comments Off on We Are Witnessing One Of The Greatest Financial Market Crashes In History Right Now

Gold Is Well-Positioned for When the Fed BREAKS Something

…and they BREAK something everyday! The gold market may not be able to break out of its neutral trading channel around $1,950 just yet, but it is well positioned to benefit when sentiment turns, which could be sooner than some … Continue reading

Posted in Let's Get Physical | Comments Off on Gold Is Well-Positioned for When the Fed BREAKS Something

Is the Money in Your Checking Account Yours or the Bank’s?

When Silicon Valley Bank and other banks failed earlier this year, the debate over the sustainability of fractional reserve banking resurfaced. Under fractional reserve banking, banks keep only a fraction of customers’ deposits in reserve. The difference is bank credit, … Continue reading

Posted in The Mine or the Shaft | Comments Off on Is the Money in Your Checking Account Yours or the Bank’s?

New Warnings of Bank Collapse Surface Due to Massive Losses

Banks have now reported having more than $309 billion in unrealized losses for the second quarter ending on June 30 alone. The FDIC reported that all 4,645 FDIC-insured financial institutions had $309.6 billion in unrealized losses on held-to-maturity securities. According … Continue reading

Posted in The Mine or the Shaft | Comments Off on New Warnings of Bank Collapse Surface Due to Massive Losses