Category Archives: The Mine or the Shaft

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

The Fed: Harming the Economy for over a Century

Since its founding in 1913, the unelected central planning bureaucrats at the Federal Reserve have been given the incredible privilege of legally creating money out of thin air, which mere mortals like us are not allowed to do. They have … Continue reading →

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“He ain’t never done nothin’ but get shot in Dallas. . .”

When the first shot rang out at Dealey Plaza on November 22, 1963, most bystanders didn’t even realize that it was the sound of gunfire. But Texas Governor John Connally was an avid hunter. He recognized the sound, sensed danger, … Continue reading →

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Is the Almighty US Dollar About to Take a Fall?

August 23rd was a big news day all over the world. The western media’s focus on the events of that day was solidly on the unproven claims that Russian President Vladimir Putin was behind the sabotage or shooting down of … Continue reading →

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“Mad Max” Conditions Are Coming: Desperation Is Rising As The Economy Rapidly Deteriorates And Food Costs Soar

How far would you go to feed your family? Hopefully that is a question that you will not have to answer any time soon, but right now we are seeing millions upon millions of people become more desperate as economic … Continue reading →

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Smith: The American Economy’s Final Hard Fall

As I look at the incredible numbers we see in our nation’s budget, it becomes readily apparent that this is a shipwreck looking for a reef to hit and unsustainable as all hell. It has to be in their plans … Continue reading →

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De-dollarisation: In Gold the World Will Trust

Global central banks on a cumulative basis have never sold gold between 2010 and 2022 The US dollar has been the de-facto world reserve currency for more than half a century, with no questions asked about the greenback’s exceptionalism. However, … Continue reading →

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The Coming Collapse of the Global Ponzi Scheme

It won’t be long before governments around the world, including the one in Washington – self-destruct. Strong words, but anything less would be naïve. As economist Herbert Stein once said, “If something cannot go on forever, it has a tendency … Continue reading →

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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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