Holter: “It’s Pure Math – We’re Headed For A Train Wreck!”

Financial writer and gold expert Bill Holter says China has a lot of weapons to fight a trade war with the U.S. China could stop buying Treasury bonds (as it reportedly already has done). It could sell Treasury bonds. It could slash the value of the Yuan, or something much simpler could happen such as a failed delivery of physical precious metals. Holter says, “If what has happened so far in the first three months of the year were to continue for the full year, you would be over three billion ounces (of silver). That is not deliverable. Continue reading →

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Is there gold in them, thar hills?

Has $55 MILLION of gold lost during the Battle of Gettysburg finally been discovered in central Pennsylvania?

According to the tale, the gold disappeared during the Battle of Gettysburg in 1863

That’s what locals seem to believe after the FBI descended on site, along with representatives from the Department of Conservation and Natural Resources and treasure hunters Dennis and Kem Parada were seen digging around a remote area in Benezette Township, called Dents Run. Continue reading →

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Fed mistakes could spark ‘unusually fast’ bear market, ‘lost decade’ for stocks

Households currently have high exposure to the equity market

Uncertainty over trade policy may be the primary driver of the U.S. stock market at the moment, but the real policy risk facing equities could be coming from the Federal Reserve, with the potential downside a lot more pronounced than investors are currently anticipating. Continue reading →

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IRS Admits It Encourages Illegals To Steal Social Security Numbers For Taxes

NOTE: This was written during the final year of the Obama administration, but if you believe that anything has changed, you would be sadly mistaken. Ed.

This isn’t exactly the kind of story the IRS wants buzzing around at tax time. The IRS and Justice Department normally want ‘scared straight’ stories just before Tax Day. Ideally, when an indictment or conviction for tax evasion hits the news, it makes you think twice. Somehow, you think just a bit more about all those deductions, or if you really reported all your income, before you sign your return under penalties of perjury. Continue reading →

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The Slow Descent Into Reckless Hysteria – “The Ends Justify the Means!”

“To write the truth as I see it; to defend the weak against the strong; to fight for justice; and to seek, as best I can to bring healing perspectives to bear on the terrible hates and fears of mankind, in the hope of someday bringing about a world in which men and women will enjoy the differences of the human garden instead of killing each other over them.” ~ I.F. Stone

I cannot believe some of the things that I am hearing on the mainstream media and reading on the internet these days. Well, shame on me if I am shocked, because I forecast that this was coming. A period of hysteria and a general disregard for reality follow on a long period of lies and corruption, like night follows day. First comes the loss of a regard for virtue of almost any sort, and then the embrace of the darkness.

If the economic hardships had been more rigorous I have little doubt that the killing would have come closer to home by now. Continue reading →

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The German Hyperinflation, 1923

In the mid-1960s, money manager George J.W. Goodman began to write a series of irreverent and witty columns for New York magazine under the borrowed name of capitalism’s founding theorist, Adam Smith. As “Adam Smith,” Goodman went on to write several bestsellers about economics, the stock market, and global capitalism, among them The Money Game, Supermoney, and Paper Money, from which this account of the Weimar Republic’s disastrous hyperinflation is excerpted. ~ Excerpt from Paper Money by “Adam Smith,” (George J.W. Goodman), pp. 57-62.

Before World War I Germany was a prosperous country, with a gold-backed currency, expanding industry, and world leadership in optics, chemicals, and machinery. The German Mark, the British shilling, the French franc, and the Italian lira all had about equal value, and all were exchanged four or five to the dollar. That was in 1914…  Continue reading →

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Gold Is The Cure For The Job-Drain

Gold is shiny dirt, money is toilet paper with dirt on it, and crypto is imaginary dirt….

Executive Summary
Falling (as opposed to low but stable) interest rates are lethal to the economy, especially if prolonged. They make the rate of marginal productivity decline. As it does, it prompts capital export. Migrating capital takes industrial jobs with it. This paper analyzes job-drain that is threatening America with de-industrialization. The process will continue as long as wild swings in the rate of interest do. The cure is to be found in the stabilization of interest rates. It can be effected by opening the U.S. Mint to the free and unlimited coinage of gold, as mandated by the U.S. Constitution.

De-Industrialization of America
The true story of the de-industrialization of America has never been told. It started with the U.S. Treasury defaulting on its gold obligation to foreigners in 1971, thereby foisting a regime of irredeemable currency upon the world. An unanticipated side-effect was the setting of the rate of interest adrift. Continue reading →

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FDR’s ‘New Deal’ Social Security Act – Just That

Have you noticed that Social Security is now identified as an ‘entitlement’ like welfare, food stamps, housing, medical and education?

That is exactly how the government and their phony newspapers describe this today to the public. This is a typical government and newspaper lie. Continue reading →

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Wondering Which States Americans Hate to Live In?

Ask U-Haul

Americans are dynamic people. World statistics on the number of cars per capita show that America is in first place among the “big” countries and in third place among all countries, behind the dwarfs of San Marino and Monaco.

Where do Americans drive other than to work, shopping, and perhaps to school? Americans move, and move quite often. They relocate to neighboring cities and distant states. Continue reading →

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GOP Adopts Democrat Big Deficit Spending

If you ever had doubts that the Federal Government experiment has failed, the bipartisan busting of the budget has made it clear that Congress abdicates their sacred duty to defend the nation from internal enemies of the people. Forget the preposterousness argument that the United States must have the most expensive military to expand the evil empire that has been built up since the end of World War II. Real national defense starts at our own water’s edge and needs to relinquish any absurd notion that our own safety is enhanced by having deployments to every corner of the globe. Continue reading →

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