America in the twenty-first century has been on an accelerating descent not unlike what befell ancient Rome. For some four centuries Rome’s Senate and constitution provided continuity which sustained the Roman Republic through various challenges. But in the end, what befell Rome from barbarian invasion, political corruption, and mobs that were manipulated and used by its Caesars, was a rampage against reason and freedom, leading to the Republic’s demise and transition to a centralized imperial authority under emperors.
America’s style and state of political decline and cultural degeneration differ in many ways from that of ancient Rome, but the big picture has striking similarities. Continue reading
A greedy guest who will help themselves to the entire Thanksgiving day feast with no regards to the family sitting around the table. This uninvited guest stealing the turkey and pie right off of your very plate is named inflation. 
A former Russian minister says a BRICS currency with unique attributes is nearly ready to launch.
Any war or crisis that might break out somewhere on the planet automatically triggers the USA to begin spitting out as much money as necessary to deal with the problem. Other countries need not have an ATM card. America will generously dispense the dough automatically. US taxpayers (AKA ‘chumps’) pay for it all by means of inflation. 
Despite the fact that our politicians in Washington have been borrowing and spending trillions of dollars that we do not have in a desperate attempt to prop up the economy, living paycheck to paycheck has become a permanent lifestyle for most Americans. In other words, well over half of the country is literally living on the brink of financial disaster.
The threat of hyperinflation has haunted fiat money economies throughout history. Although past empires crumbled under the weight of unrestrained money printing, modern bankers at the Federal Reserve assure us that today’s financial system is immune to such a fate. Austrian business cycle theory, however, reveals that current economic stimulation may be propelling us toward a crisis of catastrophic proportions: a crack-up boom that marks the dramatic end of this boom-and-bust cycle. When a central bank expands the money supply to reinflate bubbles, it destroys the currency’s purchasing power.
It’s hard to deny the safe-haven trade that has propelled gold prices back to $2,000 an ounce. The chaos in the Middle East caused by the Israel-Hamas war is providing solid momentum for gold, but there is more going on in the market than just the safe-haven trade. 
Investors and traders need to keep an eye on gold’s $2,000 an ounce level next week as the market navigates further volatility created by the Federal Reserve’s expected hawkish higher-for-longer monetary policy stance, according to some analysts.
