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 afford to buy a home. With Biden’s inflationary policies running amok the American dream of owning your own home and setting roots down in your own community is now “out of reach.” I noted, awhile back, another news item I saw about how most young folks in the 25 year old age bracket are still living with their parents instead of getting out on their own. It’s lots cheaper. Continue reading

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Don’t put that money in your mouth, you don’t know where…

Filthy Lucre: Cash Poses MAJOR Bio Hazard

The magazine was DISCOVER, October 1998.

The entire magazine was devoted to the scientific study of money including a historical, and anthropological view. Continue reading

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Comrade Lizzie Is Coming for Your Money Again!

Senator Elizabeth Warren gave another speech on taxes a few days ago proving, yet again, that she is Coming for YOUR money!

But I am here to skim even more from you!

It’s always thinly veiled behind the refrain of making “the rich” (as defined in her sole discretion) pay their “fair share” (also defined in her sole discretion).

Frankly she’s been shrieking this refrain since before she even became a Senator. Yet for more than a decade she’s never once made her position clear. If anything, she keeps moving the goalposts.

Warren famously started by slamming billionaires, i.e. the top 0.1%. She then cast a wider net to the wealthiest 1%.

Later she derided the top 5%, claiming those evildoers should not be eligible for student loan forgiveness… or even Medicare! Continue reading

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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 was from an official projection released by the Congressional Budget Office (CBO) back in February.

Well, it turns out the CBO’s 10-year forecast is now much worse. Continue reading

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Bennett: Who do YOU Trust?

Nearly 30 years on the radio and serving our customers – that is what we bring you. As no-nonsense experts in the field of wealth preservation and insurance, there are thousands of clients, who have put their trust in the professional advice given these past years. We have long since lost track of how many ounces of gold, silver, copper and platinum products we have delivered into the hands of our clientele.

Robby Noel and I began reaching out to listeners in the early to mid 1990’s – to people who understood the future and coming economic collapse in what could be the last Roman Empire – the United States of America. And many of YOU were with us most of the way. Continue reading

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How Governments Killed the Gold Standard

The historical embodiment of monetary freedom is the gold standard. The era of its greatest flourishing was not coincidentally the 19th century, the century in which classical liberal ideology reigned, a century of unprecedented material progress and peaceful relations between nations. Unfortunately, the monetary freedom represented by the gold standard, along with many other freedoms of the classical liberal era, was brought to a calamitous end by World War I. Continue reading

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

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

“HELP – I NEED SOMEBODY…”

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 have reached a stage where the ultra-wealthy are thriving but almost everyone else is struggling.

For most people, it is a real fight just to pay the bills from month to month. Continue reading

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The Achilles Heel of the Fiat Money System

Achilles Heel, Fiat Dollar and Gold

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 might think. This prolonged existence may come at a cost: a fascist state encroachment on the freedoms of citizens and entrepreneurs would be more profound than most people realize. Continue reading

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The US Consumer Is CRACKING

Illustration: Francis Scialabba

The Fed’s war on inflation is finally trickling down to the wider economy, and the evidence is beginning to show that many Americans are feeling the pain.

Today’s Bureau of Labor Statistics’ latest Job Openings and Labor Turnover Survey (JOLTS) report came in far cooler than expected — US job openings fell in April to the lowest level in over three years, illustrating a significant slowdown in the labor market. Available positions dropped to 8.06 million, a decrease from the 8.36 million openings in March.

Even with high inflation and rising interest rates, the labor market has remained strong over the past few years, boosting discretionary spending for consumer goods. But a second straight month of declines shows that Fed policy is finally reaching jobs. Continue reading

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