Category Archives: The Mine or the Shaft

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

The Wheels Have Started To Come Off For The U.S. Economy …and The Worst Is Yet To Come!

For a long time, there was a lot of denial about the direction that the U.S. economy was heading. The Biden administration and the mainstream media just kept insisting that everything was just fine even though everyone could clearly see … Continue reading

Posted in The Mine or the Shaft | Comments Off on The Wheels Have Started To Come Off For The U.S. Economy …and The Worst Is Yet To Come!

DiLorenzo: The American Tradition of Abolishing Central Banks

In discussing the Mises Institute’s June 24th full-page Wall Street Journal ad entitled “Who Needs the Fed?” on talk radio recently most of the interviewers naturally expressed skepticism over whether the Fed could ever actually be abolished and a gold-and-silver … Continue reading

Posted in The Mine or the Shaft | Comments Off on DiLorenzo: The American Tradition of Abolishing Central Banks

The Percentage Of Americans That Worry They Won’t Be Able To Pay Their Bills Is Higher Than It Was During The Great Recession

Do you remember how painful the Great Recession was? 2008 and the years immediately following were definitely a very dark chapter in our history, but a new study has actually found that the percentage of Americans that worry they won’t … Continue reading

Posted in The Mine or the Shaft | Comments Off on The Percentage Of Americans That Worry They Won’t Be Able To Pay Their Bills Is Higher Than It Was During The Great Recession

What Rome’s Currency Debasement Tells us About the Future of the US Dollar…

Well, here’s an interesting historical repeat. Apparently, it took the Roman Empire about 200 years to reduce the value of its currency, the silver Denarius, by 95%. As shown in the chart below, the silver content of the Roman currency … Continue reading

Posted in The Mine or the Shaft | Comments Off on What Rome’s Currency Debasement Tells us About the Future of the US Dollar…

Investors in Cryptocurrency Are More Likely to Be Psychopaths

Cryptocurrency, which has exploded in popularity in recent years, is digital ‘money’ which lies beyond the control of central banks and governments. The global market is worth about £1.3 trillion and around five million adults in the UK have invested. … Continue reading

Posted in The Mine or the Shaft | Comments Off on Investors in Cryptocurrency Are More Likely to Be Psychopaths

Benson: Part of the “Fundamental Transformation of America

I’m not much into the economic area. It’s far from being my long suit. But I caught an item on the news this morning that grabbed my attention. It talked about how, in our present day, most young couples cannot … Continue reading

Posted in The Mine or the Shaft | Comments Off on Benson: Part of the “Fundamental Transformation of America

The US Has 4-5 Years, at Best, to Turn the Ship Around

I have written to you more times than I can count about how the US government’s own budget officials forecast a $20 trillion increase in national debt over the next ten years. Remember, this isn’t some wild conspiracy theory. This … Continue reading

Posted in The Mine or the Shaft | Comments Off on The US Has 4-5 Years, at Best, to Turn the Ship Around

June 9, 2024: Today Marks The End Of The Petrodollar



Posted in The Mine or the Shaft | Comments Off on June 9, 2024: Today Marks The End Of The Petrodollar

Little By Little, The Economy Has Declined To A Point Where Almost Everyone Is Struggling

It happened so gradually that a lot of people didn’t even realize what was happening. The cost of living just kept rising faster than paychecks were, and little by little our standard of living just kept going down. Now we … Continue reading

Posted in The Mine or the Shaft | Comments Off on Little By Little, The Economy Has Declined To A Point Where Almost Everyone Is Struggling

The Achilles Heel of the Fiat Money System

The fiat money system will not disappear just like that. Any expectations or hopes to that end should be tempered. Yes, the fiat money system could collapse; yet there is a significant likelihood it will persist longer than most people … Continue reading

Posted in The Mine or the Shaft | Comments Off on The Achilles Heel of the Fiat Money System