Blog

As many people are aware, GOLD has been used as MONEY since biblical times. JP Morgan, as he was bailing out the entire United States Financial system, commented that “Gold is money- all else is credit”. As such, gold has been used as a measuring stick to show how well or how poorly fiat currenc…Read More

As everyone knows, I have been bullish on gold since about 2003. The main reason for my bullishness on gold and now on most other hard assets is that throughout history the same game plan has played out time after time. History has shown that not one currency has held its value over time. Obviously,…Read More

I’m sure that everyone saw the video of the destruction of the Francis Scott Key Bridge at a major port in Baltimore. My first thought -before more information came out- was that this is just great. We send BILLIONS- and probably TRILLIONS to other countries as our infrastructure crumbles. Congres…Read More

HOPE. It appears to me that one of the greatest threats that we all have to our futures is the lack of HOPE that many are experiencing right now. Older people are losing hope because their incomes- which in the recent past were more than sufficient to cover their basic needs and even sock away a few…Read More

While I often write about the BRICS and many other threats to the US dollar dominance in the world, I just saw some information that I believe shows a clear threat that would destroy our currency even if there were no threats from anywhere else. Just consider these few facts that were reported on Ze…Read More

ANOTHER ALL-TIME HIGH! Let’s break out the champagne as Japan’s Nikkei 225 Index has hit a new all-time high last Thursday! I am sure those that look at the headlines must be thinking that Japan must be doing great! What many likely DON’T know is that this all-time high just eclipsed the previ…Read More

According to Wikipedia, “a Ponzi Scheme is a form of fraud that lures investors and pays profits to earlier investors with funds from more recent investors. Named after Italian businessman Charles Ponzi, this scheme leads investors by either falsely suggesting that profits are derived from legitim…Read More

In an earlier time- not that long ago- I used to look forward to watching the news and find out what was happening in the world. In the past 10 years or so, it has been becoming harder and harder to find the truth about what is actually happening in the world. If you look at many media outlets- as I…Read More

I have had MANY people express the opinion that nothing economically makes sense. Join the club! We have an expanding war in the Middle East, wars throughout the world and central banks conjuring up massive amounts of “money” (DEBT) to fund it all. This sounds like a classic case of currency deb…Read More

No Historical Precedent Earlier this week I wrote a note that used the phrase that I believe there is no historical precedent for what is coming our way in the near future. I see many “experts” out there giving opinions that we are more likely to see a 1929-style depression. I see others out the…Read More