Author Archives: admin

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.

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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

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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

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Too many folks no longer Ain’t Gotta Dollar!



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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

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The Federal Debt Trap: Issues and Possible Solutions

“Rather than collecting taxes from the wealthy, the government is paying the wealthy to borrow their money.” ~ New York Times, July 7, 2023 Titled “America Is Living on Borrowed Money,” the editorial observes that over the next decade, according … Continue reading

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GOLD: Takes A Licking And Keeps On Ticking

It doesn’t matter how much is thrown at the gold market; despite its recent price performance, it remains a highly resilient asset. Yes, the precious metal still has some major ground to cover before we see new bullish interest coming … Continue reading

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Optimism is creeping back into the gold market, but prices are expected to remain below $1,950 this week

Sentiment in the gold market is slowly shifting back to the bullish side as the precious metal’s resilience in the face of rising bond yields shines through. However, some analysts are warning that there is still insufficient momentum to push … Continue reading

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The FREAK SHOW: Treasury Increases National Debt By Over $850 Billion in Just One Month

A month ago, the fake debt ceiling fight ended and Congress suspended the federal government’s borrowing limit for two years. Since the debt ceiling deal, the US Treasury has added a staggering $851 billion to the national debt. Within a … Continue reading

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What Charles Ponzi’s Scheme and US Entitlement Programs Have in Common

The structure of Charles Ponzi’s scheme must have impressed the policy makers coming of age in the 1930s, because they would use the same structure for the nation’s new Social Security system. When Charles Ponzi’s investment opportunity to sell international … Continue reading

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