Another awesome day begins, for the world’s gold community. For the fiat community, the day begins in a more disturbing way. It begins with more silly cheerleading for FATCA stormtroopers, more attempts to ignore massive pressures on...
Years ago, when I predicted a “virus cycle carpet bombing” of America for 2019-2021, I warned that it could look like a “peanut play” compared to the 2021-2025 war cycle that would follow.
Relentless rate hikes and QT mean that the destruction of the US stock, bond, and real estate markets is essentially assured. Interestingly, the big question is not whether these markets will crash or not.
“If I were the Fed chair, I would have raised rates early in the fall. When we get this broad-based increase and it starts making its way to wages, you’re behind the curve and you need to start moving.” - Ethan Harris, Head of Global...
With the Fed set to hike rates and kill QE, markets are in turmoil. Some bank analysts are forecasting seven hikes this year.
Where’s Jay? As the US stock market tumbles, investors (who have devolved into QE welfare worshippers) want to know where their “sugar daddy” Jay Powell is.
If a nation of libertarians espousing gold as money can be viewed as the centre of the global politics spectrum, it’s painfully obvious that most of the world’s governments and political parties are far to the left of this mighty marker.
To understand the financial sea change occurring in this stage of the ongoing demise of the American fiat empire, after being knocked down repeatedly himself, George Foreman finally knocked out Ronnie Lyle, and announcer Howard Cosell...
As 2022 begins, most of the world’s governments have no savings, face each new crisis with more debt, and enjoy bragging about themselves to financially impaled citizens.
“Stay away from fiat money…. It’s fake money made of paper and lies.” - Ricardo Salinas Pliego, Chairman of Grupo Salinas, Dec 24, 2021. Ricardo is one of Mexico’s most successful business owners, and a bitcoin enthusiast. I’m less...