Category Archives: The Mine or the Shaft

You figure it out. Which will it be? Only time will tell!

The Dollar Dominance: How America Gets Away with Endless Debt

No country other than the US could cope with a currency burdened by a $500 billion deficit and skyrocketing international debt. Instead of rising up and plunging the country into chaos, the American public goes about its daily business, and … Continue reading

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Snyder: The Purchasing Power Of The Dollar Has Collapsed And The Majority Of The Population No Longer Believes In The American Dream

Did you know that the purchasing power of the U.S. dollar has fallen by more than 97 percent since 1913? Sadly, as you will see below, the decline in the purchasing power of our currency appears to have greatly accelerated … Continue reading

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Is the US Economy Headed for a Bust?

There is a high likelihood that, due to the past large decline in the yearly growth rate of the money supply, the US economy is heading towards an economic bust.

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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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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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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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Gold Holds Steady as Markets Balance Fragile Optimism and Geopolitical Risk

Gold prices consolidated near historic levels on Wednesday (April 15th), holding steady as markets balanced fragile optimism over renewed U.S.-Iran peace talks against a backdrop of enduring geopolitical risk and damaged global energy infrastructure. The precious metal was steady near … Continue reading

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