Sierra Madre Precious Metals

Pandemic panic is the perfect cover for gutting the program

“George Bailey, you’re just too sentimental!”

When I was growing up, Social Security used to be called “the third rail of American politics,” because it threatened to kill the career of any politician who dared touch it.

Not, it seems, any longer… Continue reading →

Just in case some of you young whippersnappers (& some older ones) didn’t know this. It’s easy to check out, if you don’t believe it. Be sure and show it to your family and friends. They need a little history lesson on what’s what and it doesn’t matter whether you are Democrat or Republican. Facts are Facts.

Social Security Cards up until the 1980s expressly stated the number and card were NOT to be used for identification purposes… Continue reading →

The Federal Reserve is actively trying to destroy the dollar, which was the plan when they started enslaving humanity in 1913. The goal has always been to own the world through the debt-based monetary system.

Now that the central bankers have admitted to working on the digital dollar, that will be tracked and traced and wholly centralized and controlled by the banking cartel, it’s only a matter of time before we have a choice a make: freedom or slavery. They are going to attempt to control us with the fiat money they create. This will be a system of complete subjugation, make no mistake about it. Continue reading →

“If iss FREE, it muss be fo’ ME!”

The idea of abolishing rent isn’t new, but it has never really been considered anything but a nutty pipe dream. Fortunately, Omar’s bill has a snowball’s chance in…

As the widening gyre that is 2020 continues to turn, it seems that every day some new disastrous and ill-thought-out proposal is made or policy implemented. Among the chaos, the chorus to cancel rent in particular has stuck out for its sheer insolence and the ease with which it has entered the discourse as a sensible policy solution.

The idea of abolishing rent is not new, but until now it has never really been considered anything but a nutty pipe dream. But with the economic carnage wreaked by the virus and ensuing government lockdown still ongoing it has disturbingly come to be viewed as a conceivable policy option. With tens of millions out of work, the ability to pay for basic necessities like housing is obviously a valid concern, but the callousness of the idea of simply expropriating housing from property owners is disturbing and indicative of darker trends coursing through the body politic in these turbulent times. Continue reading →

If our economic numbers were going to improve substantially, now would be the time for it to happen. The COVID-19 pandemic seems to have hit a plateau for the moment, the civil unrest in our major cities has been reduced to a dull roar, and millions of Americans that originally lost their jobs have now gone back to work. If we are going to get some glimmers of hope for the economy, this is when we should see them, because the environment does not look promising once the summer ends. Unfortunately, the numbers that we keep getting just continue to directly contradict the narrative that any sort of a “recovery” is taking place. In fact, the Mortgage Bankers Association is reporting that the delinquency rate on residential mortgages shot up a whopping 386 basis points last quarter… Continue reading →

This is why denormalization is an extinction event for much of our high-cost, high-complexity, heavily regulated economy.

A collapse of major chunks of the economy is widely viewed as “impossible” because the federal government can borrow and spend unlimited amounts of money because the Federal Reserve can create unlimited amounts of money: the government borrows $1 trillion by selling $1 trillion in Treasury bonds, the Fed prints $1 trillion dollars to buy the bonds. Rinse and repeat to near-infinity. Continue reading →

While the mainstream media focuses on the upcoming election, COVID-19 and the endless protests going on in our major cities, another great tragedy is unfolding all across the middle of the country. A nightmarish drought, horrific flooding along the Mississippi River and a giant “Derecho” that just hit the farm belt have combined to make this one of the toughest years for farmers ever. And this comes at a particularly bad time, because the stress that the COVID-19 pandemic has put on food distribution systems has already created periodic shortages of certain items around the nation. We definitely could have used an uneventful growing season this year, and unfortunately we didn’t get it. Continue reading →