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Category Archives: The Mine or the Shaft
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
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
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
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
Snyder: 18 Shocking Facts That Prove That The U.S. Economy Is In Far Worse Shape Than Most People Realize
The economy has been the number one issue for U.S. voters for several years in a row, and it isn’t because things are good. Consumer confidence is at an all-time low, inflation is starting to accelerate once again, mass layoffs … Continue reading
The U.S. Has Already Gotten Rid of the Penny; Now the Nickel May Be the Next to Disappear
Finance commentator Adam Snyder, speaking on his Snyder Reports channel, says Americans may need to get used to another small but symbolic change in everyday life: after the penny’s phaseout, the nickel could now be next on the chopping block. … Continue reading
Smith: The American Economy Flashes Unmistakable Warning Signs ~ THIS ENDS BADLY
For now, everything looks wonderful and coming-up-roses for a good many top-tier and upper-middle class folks. Just wait. The other shoe’s fixin’ to fall. The American economy today presents a glittering facade: stock indexes shattering records under the current administration, … Continue reading
America Is on the Verge of Bankruptcy. NOTHING Will Matter When the Crisis Hits
We are all concerned about the many problems we face today: inflation, affordability, a world at war, the list goes on. That will all be irrelevant if the United States goes bankrupt. Make no mistake, that is where we are … Continue reading
U.S. Added $1.2 Trillion to National Debt in Six Months
The U.S. government added $1.2 trillion to the national debt over the past six months, borrowing $163 billion during March alone, the Congressional Budget Office reports. At the current rate of borrowing, federal deficits are on track to top $2 … Continue reading
2026 Tariff Changes Are Adding an Estimated $1,500 Per Year to the Average Household’s Costs
Tariffs rarely appear on a grocery receipt or electronics price tag, but economists say American households are increasingly paying for them anyway. A growing body of research from federal budget analysts and university economists suggests that the current U.S. tariff … Continue reading
