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Category Archives: The Mine or the Shaft
The Daily Headlines: August 24, 2026
Hospitals Are Quietly Dropping Medicare Advantage Plans, and a New Survey of Hospital Finance Leaders Finds Nearly a Quarter Have Already Cut or Narrowed a Contract A growing number of hospitals are cutting ties with Medicare Advantage plans, and the … Continue reading
Why the Fed Should Not Accommodate Increases in the Demand for Money Demand
Through the ongoing process of exchange, people eventually settled on gold as their preferred medium of exchange. Some commentators cast doubt that gold could fulfill the role of money in the modern world. It is held that, relative to the … Continue reading
Copper Jumps to Its Highest Level Ever: What the Metal Is Telling Us
Copper surged to a record high Thursday, but the latest rally comes against a more mixed growth backdrop, making the once-reliable gauge of economic health, “Dr. Copper,” harder to read. U.S. copper futures climbed to around $6.90 a pound Thursday, … Continue reading
Williamson: Gold and the Quiet Takeover
“Remember, democracy never lasts long. It soon wastes, exhausts, and murders itself. There never was a democracy yet that did not commit suicide.” – John Adams How the State Is Buying the Economy and Reshaping the Global Monetary System A … Continue reading
Treasury Dept Finds $99M in Payments to Deceased Recipients With New Verification Process
The Treasury Department announced Tuesday that its new verification process found $99 million in payments for deceased recipients. The department said that it screened over 885 million payments totaling approximately $2.77 trillion, and discovered more than 4,900 payments worth approximately … Continue reading
U.S. Treasury Is Borrowing $153 Billion a Month as Debt Interest Hits $857 Billion
The United States recorded a $1.373 trillion federal budget deficit during the first nine months of fiscal year 2026, averaging approximately $153 billion in new borrowing each month. Revenue climbed to $4.151 trillion, but federal spending rose faster, reaching $5.523 … Continue reading
For Whom the Debt Tolls: US ‘Default Doomsday’ Clock Nears Midnight
This Is Why It Matters for You The “Debt Default Clock” – which measures how close the country is to a financial crisis – is only two economic events away from “doomsday”, a committee of seven economic experts behind the … Continue reading
BORN BEFORE 1955? – You’re Being Paid the Wrong Social Security Amount
If you were born before 1955, your Social Security benefits may be wrong right now — and the SSA will not tell you. In this video, I break down exactly how the Social Security Administration calculates retirement benefits, the most … Continue reading
111 Million U.S. Adults Do Not Have A Job And America Spends More Than A Trillion Dollars Per Year On A Social Safety Net For Them
Did you know that the number of Americans that are out of work right now is far higher than it was at any point during the Great Recession? I know that sounds crazy, but I will prove it to you … Continue reading
Central Banks Turn Away From the Dollar as Gold Demand Surges in a Shifting Global Economy
A quiet but significant shift is unfolding inside the world’s financial system. Central banks, long regarded as the ultimate anchors of dollar stability, are now signaling a gradual but meaningful reassessment of their currency strategies. According to a recent global … Continue reading
