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Author Archives: admin
Is the Almighty US Dollar About to Take a Fall?
August 23rd was a big news day all over the world. The western media’s focus on the events of that day was solidly on the unproven claims that Russian President Vladimir Putin was behind the sabotage or shooting down of … Continue reading
“Mad Max” Conditions Are Coming: Desperation Is Rising As The Economy Rapidly Deteriorates And Food Costs Soar
How far would you go to feed your family? Hopefully that is a question that you will not have to answer any time soon, but right now we are seeing millions upon millions of people become more desperate as economic … Continue reading
Smith: The American Economy’s Final Hard Fall
As I look at the incredible numbers we see in our nation’s budget, it becomes readily apparent that this is a shipwreck looking for a reef to hit and unsustainable as all hell. It has to be in their plans … Continue reading
De-dollarisation: In Gold the World Will Trust
Global central banks on a cumulative basis have never sold gold between 2010 and 2022 The US dollar has been the de-facto world reserve currency for more than half a century, with no questions asked about the greenback’s exceptionalism. However, … Continue reading
The Coming Collapse of the Global Ponzi Scheme
It won’t be long before governments around the world, including the one in Washington – self-destruct. Strong words, but anything less would be naïve. As economist Herbert Stein once said, “If something cannot go on forever, it has a tendency … Continue reading
Is the Monopoly Board Game Like Real Markets?
It feels like a silly thing to say, but board games are not real life. Playing a few rounds of Operation does not make you a surgeon. Unlike in Battleship, real-world battleships do not sit still on a ten-by-ten grid.
Gold price outlook remains bullish but record highs pushed out to the end of Q1 2024
Growing optimism that the U.S. economy can avoid a severe recession even as the Federal Reserve maintains its hawkish bias continues to weigh on the gold market as prices trade near a six-month low. However, analysts at the Australian-based bank … Continue reading
Inflation Is a Giant “Skim” on the American People
The price of a McDonald’s hamburger in the United States has inflated 3.75 percent annually over the last seventy years. McDonald’s has grown from a tiny hamburger stand in Des Plaines, Illinois, to the second largest fast-food chain on earth. … Continue reading
Too many folks no longer Ain’t Gotta Dollar!
Kroger and Mark Cuban join forces to spread the availability of low cost prescription drugs
The partnership could be bad news for pharmacy benefit managers Little by little, pharmacy benefit managers (PBMs) are getting their comeuppance and American consumers are getting their due when it comes to the cost of prescription drugs. Mark Cuban’s Cost … Continue reading
