ECONOMY
California’s Self-Inflicted Squeeze
Energy Island Long time readers may recall the many articles we wrote over many years highlighting the madness of California planners and policymakers. We were born and raised in the land of fruits and nuts and lived and worked there for over four decades. About four years ago, we made […]
U.S. Oil Stockpiles Fall To Critically Low Levels As Iran Continues To Mess With The Strait Of Hormuz
Those that believe that the global energy crisis is going to be magically solved by a “memorandum of understanding” that is already being violated by both sides are going to be in for a very rude awakening. As you will see below, the Iranians have continued to launch drones at […]
Doug Casey on Swap Lines, Secret Bailouts, and the Weaponization of the Dollar
International Man: While the term “swap line” sounds technical and harmless, it seems like it’s just a euphemism for a bailout. What does it say when Washington starts extending swap lines to countries like Argentina and the UAE? Doug Casey: First, we should define what a swap line is. It basically amounts […]
Is It Just A Coincidence That So Many Disasters Are Suddenly Hitting The United States The Same Week The Memorandum Of Understanding Was Signed?
Why isn’t anyone else writing about this? On Wednesday, the Memorandum of Understanding was signed by the presidents of the United States and Iran. Meanwhile, major disasters were breaking out all over America. Is this just some sort of really bizarre coincidence, or is something else going on here? Read […]
Governments Are Coming for Your Retirement Savings
We’ve warned more times than I care to count that governments are likely to steal from citizens’ pension funds. Why? Because it’s a big pool of cash just sitting there — and when the parasite class sees money within their reach, they simply can’t help themselves. Perhaps most importantly, governments […]
Western companies eye return to Russia despite persistent sanctions
Economic pragmatism to overcome sanctions, geopolitical tensions, and self-inflicted losses. Ahmed Adel, Cairo-based geopolitics and political economy researcher. Despite ongoing geopolitical tensions, sanctions, and the fallout from Russia’s 2022 Special Military Operation in Ukraine, economic incentives are quietly positioning many Western companies for a potential return to the vast Russian […]
The “Godzilla El Niño” That Has Now Begun Could Do Trillions Of Dollars Of Damage To The Global Economy
A very intense El Niño has formed in the equatorial waters of the Pacific Ocean much earlier than originally anticipated, and we are being warned that it could cause trillions of dollars of damage to the global economy. Considering everything else that is going on in our world right now, […]
The Magnitude of the Numbers Is just Mindboggling: 12 U.S. Companies, $30 Trillion
But if they pop: There are only so many trillions that can vanish from portfolios before it triggers a recession. Trillions of dollars fly by so fast they’re hard to see. By now, 11 US companies have a market value of $1 trillion or more. Combined, they have a market […]
New Home Sales Decline 6.2 Percent, Pressure on Builders to Lower Prices
Sales are mostly stable in a broad range, but inventories are rising and consumer sentiment souring. The Census Department New Residential Sales report for April 2026 shows a 6.2 percent decline in sales. New Home Sales For Sale Inventory and Months’ Supply Sales Price General Comments The margin of error in these […]
Will Trump’s Face Be on a New $250 Bill This Year? Ever?
Treasury Secretary Scott Bessent says preparations are underway. Preparations Underway Please note US Treasury secretary confirms plans for $250 bill featuring Trump’s face US Secretary of the Treasury Scott Bessent says preparations are under way to print a new $250 banknote featuring President Donald Trump’s face, with lawmakers to decide whether […]
