The day before the latest US Treasury Auction results were released Trump concludes that “foreign nations are paying hundreds of billions of dollars straight into our treasury.” That could not be further from the truth. US Treasuries have crossed an important rubicon. It is now costing the US more to […]
For the past 25 years the UK’s economy has relatively flatlined, and now wealthy are packing their bags. Here’s what happened: And, as a global world power, the Pound-Sterling pretty much disappeared at the advent of the petro-dollar. US Treasuries became insurance, and the US dollar rapidly expanded as the […]
Gold is signaling that the next inflationary storm is about to arrive. In the last year, gold has done several remarkable things. First and foremost, central banks have acquired so much gold that the precious metal now comprises a greater percentage of foreign reserves than Treasuries for the first time […]
On April 5, 1933, President Franklin D. Roosevelt(FDR) signed Executive Order 6102, forcing ordinary Americans to surrender their gold coins, bullion, and certificates to Federal Reserve banks for $20.67 per ounce. The government soon revalued gold to $35 per ounce, effectively confiscating 40% of their wealth overnight. Under a fiat […]
News headlines are focused on AI innovations. Not so much on the input, but on the output. The good, the bad, and the ridiculously ugly parts. It’s mostly entertainment. They want the spectacle—the robot that will fold their laundry, do the dishes, and guide them to their next best purchase […]
Gold has served as humanity’s most trusted store of value for millennia, but recent enforcement actions have revealed a darker side to modern precious metals markets. Over the past decade, major financial institutions, institutions we are told to trust, have paid billions in fines for systematically manipulating gold prices, proving […]
From my monthly Bitcoin Capitalist Letter to subscribers, after a lengthy look at bond yields, and how they’ve been going the wrong direction ever since the Fed’s half-point cut last September, I remarked on the following: “The US is flooding the bond market with so much supply to fund deficit spending, that […]
Silver is the new silver. Always has been. The chart looks exciting, but anyone looking at the bigger picture should be ecstatic. Silver has a long way to go. If you look at the silver price historically, you can see silver has touched the $50 glass ceiling twice before. So, […]
Originally posted by Lau Vegys at International Man: What if I told you that something bad is happening with the U.S. government’s biggest creditor on Earth—and it could have very serious implications for your portfolio? This story caught my eye a couple of weeks ago, and I’ve been meaning to […]
Most of Trump’s campaign promises have been cancelled by the Federal courts. The reason is… They’re protecting from government overreach. At least, that’s what they say, or that’s how they see their role. And, in fact, that is the classical role of the legal system in the whole formation of […]