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Category Archives: The Mine or the Shaft
A Georgia Bank Failed With $27 Million in Deposits That Federal Insurance Won’t Cover
Depositors at Community Bank and Trust, a small institution in LaGrange, Georgia, lost access to roughly $27 million that exceeded federal insurance limits after state regulators shut the bank down on May 1, 2026. The Georgia Department of Banking and … Continue reading
Beware: The Ide(a)s of ‘Rare Coin’ Dealers
An Analysis of the ‘Rare-Coin’ Industry An expose’ of the Pirates of the precious-metals underworld and how you can truly protect your ass-ets – from them! While there’s no guarantee on any investment, it is clear we have entered a … Continue reading
It’s Not Just High Gas Prices – Inflation Is Now Spreading Through the US Economy
Americans don’t need a press release to know that inflation is rising. Gasoline is above $4 per gallon amid the ongoing conflict in the Middle East and closure of the Strait of Hormuz, and the release of key price data … Continue reading
The Daily Headlines: June 24, 2026
The Dawn of the Great Depression Fuelled by frenetic speculation, and by the idea that everyone can get rich without limits, it puts a final stop to the euphoria of the 1920s. America is then caught in a devastating cycle … Continue reading
Father Guido Sarducci Explains Inflation
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
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
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.
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
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
