Sierra Madre Precious Metals

NOTICE: As many of our regular readers and listeners know – this past year+ has been a veritable nightmare for us. From personal health related issues, to the insanity of the political foilbles (cornholes) of this nation and the nightmares which we have had to face with each of our four (or as two domain managers have stated – five) websites.

For starters – there are only four actual websites. The 5th will be eliminated soon (which is quite interesting, because it hasn’t existed in some years…). From that point on – we will begin to correct the existing errors within a weeks time.

We have fought the elimination of 20 year old emails (Federal Observer – which MAY be going through a MAJOR overhaul), an ongoing fight to establish new ones for DrKelley.net and SierraMadrePreciousMetals, and apparent issues to be able to utilize [email protected] (which possibly few of our readers seem to be aware of).

I have done this for far too many years and am sick and tired of what appears to be attempts to just flat shut us down. It does not help that two of the largest supposedly “most professional” domain hosts in the country have become the greediest, poor service operations that I have ever dealt with in all of these years – GoSlammy and BlueWhore.

So just stick with us a bit longer as we endeavor to get all of this overhauled.

Just when I’ve begun to get myself together… ~ Dolly Parton

The Commerce Department on Wednesday said that consumer spending grew by 1.3 percent compared with September, when spending was unchanged with the prior month. Compared with a year ago, retail sales were up 8.9 percent. Total sales for the August through October period were up 8.9 percent compared with the three-month span a year ago.

Rising gasoline prices boosted sales at gas stations 17.8 percent from October 2021. Compared with a month ago, gas station sales were up 4.1 percent. Those figures almost exactly match the change in prices of gasoline. The consumer price index for gasoline was up 17.5 percent from a year earlier and 4.0 percent for the month, according to a separate Labor Department release published last week. Continue reading →

June 26, 2012 ~ How is money created? If you ask average people on the street this question, most of them have absolutely no idea. This is rather odd, because we all use money constantly. You would think that it would only be natural for all of us to know where it comes from. So where does money come from? A lot of people assume that the federal government creates our money, but that is not the case. If the federal government could just print and spend more money whenever it wanted to, our national debt would be zero. But instead, our national debt is now nearly 16 trillion dollars. So why does our government (or any sovereign government for that matter) have to borrow money from anybody? That is a very good question. The truth is that in theory the U.S. government does not have to borrow a single penny from anyone. But under the Federal Reserve system, the U.S. government has purposely allowed itself to be subjugated to a financial system in which it will be constantly borrowing larger and larger amounts of money. In fact, this is how it works in the vast majority of the countries on the planet at this point. As you will see, this kind of system is not sustainable and the structural problems caused by such a system are at the very heart of our debt problems today.

So where does money come from? In the United States, it comes from the Federal Reserve. Continue reading →

It’s terrible what happened to Trump and it has set a precedent. Mike Lindell was stopped at a Hardees last week by the FBI and had his cell phone confiscated, ham-stringing his business. They are coming after us if November is stolen again.

I wanted to point out the hypocrisy of Amtrak being a “.com”. They got $300 billion in additional funding from the federal government for “improvements.” If these were a truly government controlled agency, they should have the web address ending in “.gov”. There’s something fishy about Amtrak that we are not being told. Continue reading →

The Biden administration is moving one step closer to developing a central bank digital currency, known as the digital dollar, saying it would help reinforce the U.S. role as a leader in the world financial system.

The White House said on Friday that after President Joe Biden issued an executive order in March calling on a variety of agencies to look at ways to regulate digital assets, the agencies came up with nine reports, covering cryptocurrency impacts on financial markets, the environment, innovation and other elements of the economic system. Continue reading →

The share of Americans who say inflation is causing them financial hardship has risen from 49 percent in January to 56 percent, with rising prices forcing 69 million households to make cutbacks, a survey revealed on Wednesday.

The Gallup survey found that ever-more wealthy and middle-class families were feeling the pinch from inflation, forcing them to spend less on groceries and other basics, drive less and cancel vacations.

A worrying 12 percent of the survey’s 1,570 respondents said they were experiencing ‘severe hardship’ that was lowering their standard of living — a rise on the 9 percent who said so at the start of 2022… (Continue to full article)

From drastically underestimating the cost to blaming Republicans for hypocrisy, the White House is flailing.

Joe Biden is being awfully “generous” with your money. His student loan “forgiveness” scheme is the biggest news of the week (maybe the summer), and we’ve covered it here and here. Today we want to focus on two things: Cost and hypocrisy.

Before full details were known, the Penn Wharton Budget Model estimated the cost of Biden’s plan to be “between $300 billion and $980 billion over the 10-year budget window.” Then Biden increased the giveaway to $20,000 for many recipients, which will of course increase the cost.

For the most part, White House officials have gone out of their way to avoid answering the question of cost. “Well, that that remains to be determined, and it will be a function of what percentage of eligible borrowers actually take up this opportunity,” said domestic policy adviser Susan Rice. “If 43 million borrowers take it up, that’ll be different than if 50% of those 43 million take it up.” (Continue reading…)