Category Archives: The Mine or the Shaft

Most people believe lending is associated with money. But there is more to lending. A lender lends savings to a borrower as opposed to “just money.” Let us explain. Take a farmer, Joe, who has produced two kilograms of potatoes. … Continue reading →

Every time you turn around they are putting limits on what we can do, where we can go, what we drive, and what we can eat. Real meat is out. They want us to eat plant-based meat that is loaded … Continue reading →

“The greatest tyrannies are always perpetrated in the name of the noblest causes.” ~ Thomas Paine The government wants your money. It will beg, steal or borrow if necessary, but it wants your money any way it can get it. … Continue reading →

Fiat money benefits financial and political elites at the expense of working people whose standard of living is… According to numbers released by the US government, consumer prices have increased by 7.5 percent in the past year, the steepest increase … Continue reading →

Economic sanctions serve as a powerful foreign policy tool for the US government. But could this ultimately backfire on the US? Over the last several years, many countries have made a concerted effort to limit dependence on the US dollar. … Continue reading →

In the National Income and Product Accounts (NIPA), savings are established as the difference between disposable money income and monetary outlays. Disposable income is defined as the summation of all personal money income less tax payments to the government. Personal … Continue reading →

Modern currencies such as Bitcoin expect to find success in a more technological world, but a new currency known as Goldbacks might corner the post-apocalyptic currency market. In 2019, Goldback president Jeremy Cordon said he had a dream in which … Continue reading →

By now, anyone with half an inkling of curiosity about why prices and values don’t add up has traced the divide back to the money itself. It’s not hard to see. Asset prices, like houses and the major stock market … Continue reading →

What would our country look like if an epic market crash suddenly wiped out 35 trillion dollars in financial wealth? You may not want to think about something so horrible, but we are being warned that it could soon happen. … Continue reading →

This 31-year record provides ample support for the investment case for gold, in both… According to recently released data by the World Gold Council (WGC), as of September 2021, the total amount of gold held in reserves by central banks … Continue reading →