Gold/Silver Ratio Alert! We like to alert our friends and clients to great profit opportunities when they develop. In a bull market like this the gold price often goes up first, leading the way. But when silver starts moving, it can really rip! Once again in this bull market, gold has soared, outpacing silver… […]
Even establishment institutions are raising their gold price forecasts. Like UBS, Citi Bank, and Goldmann Sachs. With other targets at $3,700 and $3,900, Goldman Sachs has a scenario that sees gold hitting $4,500 an ounce! This year! A Bloomberg Intelligence analyst sees recent price action is as the beginning of a larger move to $4,000. […]
The Dollar’s Safe Haven Status at Risk! We read it in The Telegraph headline: Trump’s tariff blitz has put America’s safe haven status at risk. We knew it would come to this. We knew it was headed our way. Only when didn’t know exactly when it would arrive, and we don’t know exactly how it […]
An article in Politico sparked an old memory. With gold making new highs in our world of unpayable government debt, the mainstream press is starting to notice. Politico asks, “Can the United States be trusted with Germany’s gold?” Our answer is a definitive NO! Governments cannot be trusted to manage money and currencies honestly for […]
In Part I of this post, we have tried to make the case that governments simply cannot be trusted to manage monetary affairs reliably. We believe that a dawning awareness of the dangers involved is the reason so much gold is suddenly in motion around the world. Or one more example. In the lates 1970s, […]
Robert Kiyosaki: “Silver will 2x this year to at least $70 an ounce” The millions of people who follow Rich Dad Poor Dad’s Robert Kiyosaki may have seen this message on his X account: SILVER set to boom. Hottest investment today is silver. Much more demand than supply…. I predict silver will 2X this year […]
What is the Big Hurry to Get Gold Bullion Moved? We don’t mind if you call us suspicious. When we first heard about all the gold that was being packed up and shipped at considerable expense from Europe, mostly from the Bank of London, we wondered if it had anything to do with the talk […]
A Dispatch from the War on Cash! The war on cash is an extension of the war on gold. Enemies of your autonomy and financial privacy have made the elimination of cash a priority. Now one of the battleground countries in that war may be waving a white flag! Sweden is having second thoughts. A […]
Gold just keeps on going. As we write this post it has reached 18 new record highs so far this year! One reason gold is racing to new heights is that there just isn’t much to go around. The world has plenty of experience with collapsing monetary systems. When people suddenly realized that the […]
The US economy is struggling, reports the Wall Street Journal, at both ends, from rich to poor, from basics to luxury: “The economy has seen pockets of weakness in recent years, but nothing that suggests such widespread weakness.” Details from the WSJ report, impact on lower income: Wal-Mart – “budget-pressured” customers are showing stressed behaviors: […]
There is nothing like gold for privacy! We have warned from time to time that Central Bank Digital Currencies pose an almost unprecedented threat to your freedom. Now the head of the European Central Bank, Christine Lagarde, says the digital euro will arrive in October. A European CBDC is a stalking horse for a Federal […]
By now, just about everyone we know has learned to view the mainstream press through skeptical side eyes. So, today’s message is very short. Here’s the front page of the financial section of the Wall Street Journal two and a half years ago. Gold was $1,678 at the time that “the world’s leading business publication” […]
Stagflation is a double-whammy. It’s a one-two punch. It is best avoided. The evidence that serious stagflation looms over us grows by the day. That means more inflation and a serious recession. If you have not moved a significant portion of your assets to gold and silver, you have not sufficiently prepared yourself […]
President Trump’s 25 percent tariffs on goods from Mexico and Canada might or might not be in effect soon. As we write this, tariffs are on hold for goods that are covered by the North American trade agreement. If and when a general tariff kicks in, Canada has promised to retaliate with 25 percent tariffs […]
The Worldwide Turn to Gold Continues! If you are adding gold to your profit and protection portfolio, you are in good company! The price of gold hit new highs in February in all the world’s major currencies, according to the World Gold Council, a London-based industry trade association. The cross-currency performance is important to note, […]
“Gold, with it’s track record of holding value, becomes a go-to” At Republic Monetary Exchange we rely on thousands of years of accumulated learning from around the world about the nature of money, what kind of money is doomed to failure, and what kind of money is robust throughout changing governments and changing times. […]
The Worst of Both Worlds! Is the Stagflation Train pulling into the station? Bringing both inflation and a depressingly stagnant slow growth or shrinking economy with it? If you listen carefully, you can hear its whistle blowing. It’s coming around the bend! The Stagflation Train brings carloads of economic misery, but at the same time […]
The Inflation outlook… Grim! Our adjoining post this week STAGFLATION HERE AND NOW? focuses mostly on evidence of the slowing US economy. That is the stagnation part of stagflation. Now we look a little more closely at the inflation component of stagflation. Let’s start here. The Consumer Price Index has been higher than the Federal […]
The US government’s war on gold has been a long, costly, and futile affair. So costly have Washington’s efforts been to discredit gold that they could well be considered criminal in intent.
The January CPI is the fourth straight monthly increase and the seventh straight month over month increase from the prior year.
“You’ll see gold double, triple, and quadruple if we don’t do the right thing.” – Ron Paul
Take a hint from what Central Banks are doing! The word is so hungry for gold that even the World Gold Council, an otherwise staid trade association, edges toward describing it poetically: “Central banks continued to hoover up gold at an eye-watering pace.” We’ve always said the central bankers know something about money-printing that most […]
Who is going to dominate global affairs in the future? As we have said on ample precent many times, nations that are net acquirers of gold rise in the affairs of the world. Nations that are net dishoarders sink. Some people think that rising nations become acquirers of gold because they are prosperous. But they […]
Gold keeps hitting new record highs! It’s evidence of serious turmoil. Gold is a sensitive indicator of trouble. Sometimes the price of gold starts moving before the actual evidence of trouble becomes clear. But then the dust settles! Foreign central banks loading up, gold shortages, currency wars, and overseas exchanges scrambling to get their […]
January 21 was the first full day of the second Trump presidency. Appearing on CNBC on Trump’s first day, billionaire hedge funder Stanley Druckenmiller investor said the US is shifting from “the most anti-business administration” in history to the most business-friendly administration. Gold gained more that 50 percent in the first Trump term. We expect […]
take a look at what the World Gold Council considers the key attributes of gold.
How high will gold go in the next four years? The price of gold has risen under every US presidency since 2000. This graphic from Visual Capitalist reflects the gold price action from 1989 until August 2024 using World Gold Council benchmark prices. That month gold broke above $2,500 for the first time ever. To […]
… and not the gold someone else says they have for you Here are three separate accounts of an international news story that underscores an important point about your wealth that we have made over and over again: the only gold you have is the gold you have! DAKAR, Reuters (January 13, 2025) – Canadian […]
Gold a shade under $4,000? Silver at $51, a new all-time high? We don’t publish a lot of predictions for future gold and silver prices. We do know what happens to unbacked paper or fiat money: it eventually goes to nothing. The US has gone a long way down that road already. That means […]
“I want to just obey the Constitution. The Constitution says only gold and silver can be legal tender.” – Ron Paul He’s an icon of the sound money movement, the former Congressman who knows more about gold and money than others in Washington, and the elected official who tried valiantly year after year to have […]
Historical perspective every investor needs now! The federal government owes about $36 trillion. This is quite an achievement. After all, those trillions had to be borrowed. And borrowed they were, even though every lender knows that none of it can ever be paid back except by borrowing more money tomorrow to pay off the portion […]
What they are saying about the gold, stocks, and the year ahead… Another hike in the debt ceiling. That’s highly correlated with higher gold. And there are a host of things that threaten the stock market which is already in dangerous territory because of fundamentals like high price/earning ratios in a rising interest rate environment. […]
(Although they never really left!) SHANGHAI (Reuters) – China’s central bank resumed buying gold for its reserves in November after a six-month pause, official data by the People’s Bank of China (PBOC) showed on Saturday. That’s Part One of the story. Here’s Part Two: (Business Standard.com) – China added gold for a second straight month […]
Like a fruitcake that keeps being re-gifted, showing up again and again, it’s time for our annual predictions for the New Year. Read all ten predictions and at the end you’ll discover a little surprise about our list! 10. The Federal Reserve won’t stop managing the monetary system to benefit the banks that created it […]
As the calendar turns over to 2025, take a look at these important quotes about gold and silver investing.
This time of year, with holiday gatherings and celebrations, many of our thoughts center on family. For wealth protection, from generation to generation, nothing endures like gold. In fact, someone called gold and silver “the superheroes of wealth preservation.” Gold is one of the least reactive chemical elements; it does not tarnish or […]
Each year, we like to wrap up the end of December with some important quotes about gold and silver. This year is no different… here is our list of things worth remembering about gold and silver… ●●● Now when Jesus was born in Bethlehem of Judaea in the days of Herod the king, behold, there […]
SHANGHAI (Reuters) – China’s central bank resumed buying gold for its reserves in November after a six-month pause, official data by the People’s Bank of China (PBOC) showed on Saturday. That’s the story. China is serious about gold and that is not going to change even if the People’s Bank appears to be out of […]
Gold for Wealth Protection! Silver for Personal Protection! Times of turmoil destroy prosperity and separate people from their wealth. In times of mega-turmoil conditions are even more severe. Because we don’t want you to think we are alone in describing the approach of mega-turmoil, here is a brief excerpt from famed market commentator and […]
Massive Increase in Debt Signals Another Reason to Buy More Gold This is serious. “Trillions are flying by so fast they’re hard to see!” That the description of the skyrocketing national debt from Wolf Richter at WolfRichter.com. He is right. The US national debt just topped $36 trillion. It broke through $35 trillion just four […]
In a recent post, Silver Shines, we asked if you are ready for the silver shortage. We have repeatedly cited leading financial institutions that foresee big moves in silver. Among them are calls for silver to trade at $38-$40 and $40 per ounce by mid-2025. We think these market calls from major banks have […]
Now there is even more evidence of the Federal Reserve’s left-wing tilt. Like we need it! In GOLD SKYROCKETS! (March ‘23} we wrote the following about Karl Marx’s Communist Manifesto: For every Republican economist at the Fed there are 10 Democrat economists. The institution is so far left that it endangers the spinning of the […]
We Hope You’re Watching! You may have heard about the popular poster back in the 1970s that read “War is not good for children and other living things!” But war sure seems to be good for silver. It was good for silver in the 1970s. And you may have noted how silver prices took off […]
Beware the next round of big bank loses! America’s biggest banks are sitting on mountains of distressed and non-performing commercial real estate loans. They have squeezed their eyes tightly shut, hoping the problem will somehow just go away, a strategy called “extend and pretend.” A report inside the Federal Reserve describes this practice of delaying […]
And how have they made gold prices climb for almost 100 years (with more to come)? The Federal Reserve pretends to be the fire department that puts out the fires. But, as you will see, they are the arsonists who start the fires to begin with. It’s really a mystery, how the authorities have gotten […]
…But they will keep digging! A few years ago we warned that the Republicans and Democrats were acting like they had signed a mutual suicide pact! That’s because they were digging us into a debt hole so deep that eventually they wouldn’t be able to climb out. Our advice at the time: “STOP DIGGING!” […]
“Time Bomb Ticking” (which is why you need gold now) Just so you know, even though we have been warning that this is where we are headed, it’s now no longer just us saying that the dollar scam will end badly. We hope all the government grifters, Fed flimflammers, cronies and crooks, Washington wastrels and […]
Are You Ready for the Silver Shortage? In conditions of inflation and war very much like we have experienced that last few years, silver roared to a record high of $50 an ounce in January 1980. The US dollar has been substantially cheapened by money printing, whether actual paper or digital dollars, since then. That […]
You’ll need Gold and Silver to Do it! It’s the question the mainstream financial media should be asking but doesn’t. While they remain behind events unfolding, year after year the Mises Institute takes dead aim at the economic realities others prefer to ignore. This month a Mises article asks “Can America Survive Global De-Dollarization?” We […]
The disastrous economists are a signal to buy gold! Like other disasters, hurricanes are bad for the economy. So are most Washington economists. The destructive effects of both are frightful and when these “disastrous economists” are making monetary policy, it is a very good time to own gold! Year in and year out, statist economists […]
It’s like the pandemic all over again with shortages of toilet paper, bottled water, and other consumer goods. Friends in Tennessee describe bare shelves in big warehouse stores as people load up on goods for those in trouble in neighboring North Carolina. Same thing in Florida. But it’s not just because Hurricanes Milton and […]
Washington keeps piling on unsustainable costs for Americans. Owning gold now “increasingly important!” A new fiscal year for the Federal government began on October 1. The acknowledged US national debt has now hit $35.6 trillion. Let us tell you what happened during the fiscal year 2024. It began at the beginning of October 2023 with […]
What’s your plan for the cataclysmic reckoning? “Only a dwindling number of denialists doubt that a cataclysmic reckoning, including double-digit damage to Americans’ income growth, lies ahead. It’s past time to prepare.” It sounds like what we have been increasingly warning about. Only this time it didn’t come from us. Somehow it made it onto […]
It’s really just Economics 101. Normally if there is a huge bumper crop of oranges next year in Florida, or if the weather is great and it’s a record year for corn growers in the farm belt, you know that prices of oranges or corn will go down. Since interest rates are the cost […]
Saudi Arabia joins China in quiet gold acquisitions! Have you thought about doing the same? There appears to be a sharp rise in secret, off-the-books gold buying by foreign central banks. Based on World Gold Council reports and other sources, Saudi Arabia has cranked up its gold buying machine. Since 2022 the Saudi Arabian […]
A picture is worth a thousand words! The gold bull market has outperformed both stocks and fixed income indices for the past two years. And the silver story in one word: Wow! As we write these observations, spot gold is $2,673. Here is a chart showing the history of gold prices on the Chicago […]
The Gold and Silver Bull Market is Just Warming Up! There is no puzzle to the strength of the precious metals markets this year. It’s really very simple. And if you understand it, you will agree with the experts we cite herein that the bull market is just getting started. In fact, their forecasts could […]
No Wonder Gold is Flying High! Things are out of control and won’t get better! That’s why gold is up more than 34 percent in the last 12 months! Washington’s fiscal year ends in just a couple of weeks and it’s going to be a doozie! No wonder gold is flying! Bloomberg News: The US […]
Why we get deficits, debts, inflation, and why gold goes up! “Free stuff! Step right up! Get your free stuff now!” Washington politics has become nothing less than a bunch of carney barkers! “Quick grab your Obama phone and hurry!” The House Budget Committee has gone through the Harris-Walz economic proposals, and it is […]
True, governments can reduce the rate of interest in the short run. They can issue additional paper money. They can open the way to credit expansion by the banks. They can thus create an artificial boom and the appearance of prosperity. But such a boom is bound to collapse soon or late and to bring […]
If you own silver, wish you owned silver, or are thinking about owning silver some day, the headlines in a recent Jerusalem Post story should grab your attention and not let go: CHINA’S STRATEGIC SILVER TAKEOVER: A CALCULATED MOVE TO DRAIN THE WEST China hoarding silver, price 10% higher than West. Secret weapon or economic […]
The failures of government currencies are the rule. They are not the exception. There are more paper and other government money failures than we could possibly cover, but we’ve taken a close-up look at many of them over the years including the big ones like the German inflation a hundred years ago. Or the Zimbabwe […]
Price controls are back on the table. They always are when inflation has done terrible damage to the average household budget. Kamala Harris and Elizabeth Warren may try to dance away from price controls between now and the election, but if given power, they will use them. They are a congenital part of the […]
What’s the deal with gold? What’s going on? Yahoo! Finance pointed out the other day that “The yellow metal has forged meteoric gains this year.” Jared Blikre, Yahoo’s finance editor sought to explain it in an article whose headline we borrowed for this piece, “WHY GOLD IS OUTPERFORMING NEARLY EVERYTHING!” Here is some of what […]
We’ve already had Third World inflation, endless wars, defund the police, socialist leaders, and a currency that the whole world is backing away from! So why not be prepared? Consumer prices are up 39% since 2012. If you retired in 2012 after carefully planning your household budget, too bad for you! You could say, as […]
Kamala Harris is cooking up price controls! We’re not surprised. If you wanted to destroy the American economy, you’d come up with price controls. Price controls lead to shortages. Shortages lead to rationing. And rationing is total, top-down control by the state. Cronyism and corruption reign supreme. So price controls are the road […]
At Republic Monetary Exchange, we built our business with a policy of putting our clients first. Our Best Practices Policy is designed to protect you. We have warned for years about gold dealers that pop like mushrooms when gold prices are rising. As we have warned, some pop-up dealers ask customers to pay for […]
The pilots flying don’t know how to fly! We don’t know how to say it nicely. Besides, your wealth and prosperity matter too much to pussyfoot around about stuff. So here you go: Far from the fabled “best and brightest,” of yesteryear, today’s Washington clowns have no idea what they are doing to our economy. […]
Stag + Flation + Gold Time to brush up on what it’s like to live in a stagflationary economy once again. Here are the three most important points: So what is going on now? Let’s start with STAG. According to a report on CNBC, 59 percent of Americans believe that the U.S. is currently in […]
WAR! Better be ready! Things are getting pretty dicey on the world stage and the Biden administration doesn’t even know how to spell diplomacy! Amid rising geopolitical tensions on multiple fronts, we’d like to make a single point. Iran’s leadership has been virtually assuring the world that it will retaliate for the assassination of […]
…core consumer prices are up 50 months in a row! When stock markets are in chaos… When Warren Buffet sells half his Apple stock… When the commercial real estate market is a mess… When phony paper currencies like the Japanese yen get crushed… When central bank gold buying hits one record high after another… When […]
Central Banks… the biggest monetary megatrend of all time! The world’s central banks just keep on doing what you should be doing. They keep exchanging U.S. dollars for gold! The numbers are in for the second quarter of 2024. Not only was total gold demand for the second quarter the highest on record, according to […]
The Federal Reserve Banking System is a political institution. It is not a philanthropic institution, nor is it an academic one. Nor is an honest bank, one that takes in money from willing depositors and makes loans to willing borrowers to make a spread. The Fed is a political institution. Its politics are hard left. […]
What happened to the gold in Olympic gold metals? For hundreds of events, the 2024 Olympics handed out thousands of medals. The Paris Mint made more than 5,000 medals, 2,600 for the Olympics and 2,400 for the Paralympics. When the modern Olympics began in 1896, the official US gold price was $20.67 an ounce. […]
More evidence you need to get off the grid and own gold! This is an important follow-up to our recent post about the global IT shutdown that crippled banks, airlines, stock exchanges, retailers, and public safety operations. The Office of the Controller of the Currency has found that many of the biggest U.S. banks are […]
Oh, What a Tangled Web! Let’s see. The mainstream media has been wrong about almost everything! So, why should we be surprised they are clueless about the economy? We’ll begin with the obvious. Despite the Biden/Harris administration crowing non-stop about the great unemployment picture (and the lapdog press echoing their every word), In the last […]
As students of monetary history, we have an advantage in the gold price forecasting game. Based on abundant precedent we can simply say that at some point people will no longer refer to the dollar value of the gold they own; they will instead just refer to the number of ounces they own. And what […]
2024 has been quite a year for gold and silver. And it looks like there is more to come. Here is a one-year chart of the gold price: Please note the bullish technical indicators, with the red line indicating the 200-day moving average price and the blue line the shorter term 50-day moving average. Gold […]
Is the United States insolvent? By that I mean is it unable to pay its debts? The honest answer is yes. The formal answer is no. Let us explain. Better yet, let Ben Bernanke, the former Chairman of the Federal Reserve System explain: “The US government has a technology, called a printing press, that allows […]
The Crowstrike Outage Shows How Fragile Our Digital Infrastructure Can Be The headlines captured the story this way: It’s like Y2K, except it happened this time! “Largest IT Outage In History” Sparks Disruptions Worldwide! Unprecedented IT Outage Cripples Businesses Around the Globe! The IT shutdown impacted major banks, stock exchanges, 911 services, media, and airlines. […]
Is the Inflation Rate only the 3% that the Government says it is? Here’s a wake-up call! Yes, another one! The government tells us the inflation rate is currently 3.0 percent. That’s the Consumer Price Index increase for the 12 months ending in June. Between January 2020 and last May, consumer prices rose […]
We have shared our view that the Federal Reserve is anxious to cut interest rates before long to help elect Democrats in November. (See our January post THE FED TILTS THE SCALES! TO THE LEFT, OF COURSE!) It’s not too complicated. The very existence of a central bank is a left-wing dream come true. It […]
Your Essential Financial Survival Briefing! The American Gold Story! Reviewers praise Real Money for Free People! Rich Dad Poor Dad’s Robert Kiyosaki says Jim Clark’s book is “essential reading for anyone who values their financial freedom.” New York Times bestselling author Charles Goyette says Jim Clark’s book “explains in easy-to-understand terms what the Founders knew, […]
Want to see something really bullish? With this post, we hope to show you how seriously the rest of the world takes gold in this new era of de-dollarization. The following bullet points are taken from an article by Sergei Glazyev, Commissioner for Integration and Macroeconomics within the Eurasian Economic Commission and a close Putin […]
They’re even wrong about being wrong about inflation! What a bunch we have running fiscal policy in our country. Treasury Secretary Janet Yellen has distinguished herself for being wrong about inflation and virtually everything else. And President Biden, well there’s no need to describe his abject confusion anymore. Since everyone except a few shameless toadies […]
What are the major forces driving gold prices up? We spotlight four of them: WAR It is our view that the mainstream media ignores or underplays the significance of all of the forces destroying our currency and prosperity. But it seems most clueless about the way war destroys both. However, our hands-on experience goes back […]
If it is so strong, why does it buy less and less? Headline, the Wall Street Journal, June 4, 2024: The Dollar Is at Its Strongest Since the 1980s. Can It Last? Sorry, but it’s flapdoodle. Gobbledygook. Gibberish. Bafflegab. Or to put it in more serious terms, it’s Newspeak. George Orwell coined that term […]
Here is just a short list of the major – some might say existential – threats we Americans are facing. They all have the same cause. It’s not hard to figure out. It‘s not because of the alignment of Jupiter and Mars. It’s not because of subversion by space aliens. They are all […]
It’s a purchasing power calamity! Brace yourself! Another huge wave of inflation is approaching! The purchasing power of your savings is about to get swamped once again. So far the purchasing power of the US dollar has lost about 20 percent of its value during the Biden presidency. But the Biden presidency is not […]
Suppose a hundred years ago some far-sighted benefactor, someone a few generations back, wanted to leave some wealth for their descendants – including you. Would you be better off if they left you $10,000 cash in bills or $10,000 in gold? A hundred years ago American money was gold. Americans commonly carried and conducted commerce […]
To us, the real estate bubble was blindingly obvious. That is why we tend to keep an eye on those who also saw it coming. Ron Paul is a case in point. Not only did he see it coming, he famously explained in Congress and in detail exactly how it would unfold. And so it […]
We don’t want any of our friends and clients to miss out! Everywhere you look, commodities are screaming higher and higher. Gold, coffee, chocolate, uranium, copper, nickel. And silver! But nowhere in the commodity complex is the opportunity greater than in silver! Try taking delivery of investible quantities of chocolate and storing it […]
The headline on Yahoo! Finance reads, “Living on Edge: Nearly 90% of Retirees Worried Inflation Will Eat Away Savings.” The story reports that a third of retired Americans are worried that they haven’t saved enough. No surprise there. 89 percent describe themselves as deeply concerned about the erosion of their purchasing power by inflation. As […]
It’s not something that people generally want to talk about – widespread civil chaos, lawlessness, and social collapse. But it goes hand in hand with the failure of the monetary system. And it doesn’t take a Nostradamus to see the sign of something like that on the horizon. Just the other day we noticed […]
They are saying “Buy More Gold!” It’s not good when you get three stories like this all lined up in a row, all at once on a major new site. It’s like getting three cherries in a row on a Las Vegas slot. Except that it’s not a jackpot. Quite the opposite. Still, bells and […]
Sorry, too late. You just can’t turn a $24 trillion economy over to someone a clueless as Joe Biden and expect things to go well. How many examples do you need? It was just last week the President claimed that inflation was 9 percent when he took office, but he got it on the run. […]
Ron Paul says, “Massive public unrest… violence… authoritarianism!” Make sure you have plenty of gold and silver, because it’s not going to be pretty! No one has a better track record than former Congressman and presidential candidate Ron Paul when it comes to foreseeing the results of government interventions. Whether it is foreign policy like […]
U.S Representative Re-Introduces a Bill that Could Remove Taxes from Coins and Bullion It is the most audacious flim-flam, for the government to make the nation’s legal tender so unreliable that people have to protect themselves from its devaluation, and then tax them punitively for successfully protecting themselves from it. It’s like installing a clock […]
Something is beginning to bubble in the silver market! The year isn’t even half over and silver is already up more than 15 percent. And yet it is still unbelievably inexpensive! But first, there is more going on in the silver market than just the insanity of Bidenomics. More than Washington’s unpayable $34.6 trillion […]
So now the Federal Reserve has had to backpedal on its presumed interest rate cut this year. That’s due to “a lack of further progress” on inflation says the new policy announcement. The Deep State Money Manipulators are in one hell of a fix! Again. If they cut rates and loosen money, prices will keep […]
We Know what government promises are worth! Gross Domestic Product is weak. Inflation is strong. That’s the latest from the government numbers. But all those numbers are misleading. They can be crunched, re-crunched, and inevitably revised. The statistical components are changed at the drop of a hat to serve political interests. And their assumptions are, […]
A Former Treasury Official Says You Already Don’t! In YOU WILL OWN NOTHING, Part I, we shared a video of a Canadian man trying to withdraw a few thousand dollars from his bank account. The bank wanted a document of some sort to show what he was going to do with his money. There is […]
The only money you own is gold and silver in your personal possession! You better watch this video. Especially if you think you own what is in your bank account. Ownership is the ability to call upon and dispose of assets as you desire or as agreed upon. When you deposit your money into your […]
The World Bank is not even trying to hide it. Why are global central banks beating a pathway to the gold market? Why are central banks an important force in driving the gold price to new all-time highs? We have called central bank de-dollarization and gold-buying one of the most important megatrends of […]
Gold is going through the roof because the already unpayable US debt is, too! After all, if there is no hope for US debt at $34 trillion today, how about when it reaches $141 trillion in 2054? And that is where the Congressional Budget Office says we are headed! $141 trillion is a lot of […]
Here’s a story we have told before, but with gold hitting so many all-time highs lately, it is one that deserves to be told again. It begins with a serious economic crisis that is fast approaching. Here’s a snippet from Fred Hickey (The High Tech Strategist) on April 2 that highlights just how fast things […]
Why is gold setting new records? It’s a gold and silver bull market for all the reasons we’ve been saying. As we write this, spot gold is about $2,400, while Spot silver is closing in on $29.00 per ounce. Why are precious metals so strong, especially in a rising interest rate environment? Because other […]
Washington is squirting red ink out from every pore. The budget year is half over, finishing with a deficit of more than a trillion dollars. This will end badly. We have been sounding an alarm in these posts about US debt and the fear that it would get away from us. A few recent […]
Lew Rockwell Explains it All! “The power to create money is the most ominous power ever bestowed on any human being. This power is rightly criminalized when it is exercised by private individuals, and even today, everyone knows why counterfeiting is wrong and knavish. Far fewer are aware of the role of the federal government, […]
The price of gold has continued climbing to one new all-time high after another Is Powell playing politics? See the gold and silver charts! First Gold… …and Silver The latest moves have come in response to the Federal Reserve and its broad hints that Powell is playing election-year politics. While inflation surprised officials on […]
As Zimbabwe’s latest attempt at a currency collapses – this would be the sixth one since 2008 – the country’s leaders are watching it fall and hinting that the next Zimbabwe dollar will be gold-backed. Riiiight! Of course it will!!!! Bloomberg News: The country’s local dollar has weakened against the US dollar every day in […]
It’s time again to update our friends and clients on the financial situation of the US government. We are neither surprised nor pleased with what we have to report. While no one likes to be the bearer of bad news, despite what the lapdog press tells you the situation is growing grim. We have […]
$15,000? Here’s Why! Gold expert and best-selling author James Rickards says that gold will skyrocket, reaching $15,000 an ounce by 2026 or sooner. Now, with its recent surge to all-time highs, gold is attracting new attention from analysts eager to get in front of the parade with higher gold price forecasts. But Rickards forecast is […]
Some are leaving the dollar. You might want to think about it, too! Charles de Gaulle, the former Premier of France, called the global dollar system America’s “exorbitant privilege.” Or maybe he didn’t. Maybe with was a French finance minister. But if de Gaulle hadn’t said it himself, he could have because he understood that […]
“You know the Founders wrote the Constitution “to bind down the government from mischief,” said Jefferson. Then they added the Bill of Rights, and you know what those ten amendments say: The government shall not… shall not… shall not… shall not… all the way up to the marvelous Tenth Amendment that said if we forgot […]
Inflation, for sure! Well surprise, surprise! Last week even the New York Times has provided details about that “a C.I.A.-supported network of spy bases constructed in the past eight years that includes 12 secret locations along the Russian border.” That’s the sort of thing that has been generally denied for a long time. And whatever […]
Global debt is soaring! Up $15 trillion last year! Uh oh! Unpayable debt leads to money printing. That’s just the government playbook. The Institute of International Finance, a global association of financial institutions, tracks and analyzes global capital flows and debt trends. It reports that “over $15 trillion of additional debt was added to the […]
The following graphic is from Visual Capitalist. It displays the top 11 countries by gold reserves as of September 2023, based on data from Central Banks, the Federal Reserve Bank of St. Louis, the International Monetary Fund, the World Bank, and the World Gold Council. It says, “In 2023, amid uncertainty about US interest rates and continued […]
Our currency is losing its dominance! Get ready! Get gold! “Our country is going to hell and we’re not going to be the big boy,” Trump said. Well, he got that right. It reminds us of the old expression that he who has the gold makes the rules. The US Treasury says we have a […]
And then stake out a long-term gold and silver position! “Any way you look at it, interest costs on the national debt will soon be at an all-time high!” So says the Peter G. Peterson Foundation, a nonpartisan organization dedicated to addressing America’s long-term fiscal challenges. They provide the following illustrations of the problem Washington […]
PICK ONE: Central bank purchases, stagflation, or a deep global recession! You could see gold surge by 50 percent according to Aakash Doshi, Citi’s North America head of commodities research. He and other Citi analysts wrote in a recent note to clients that among the pathways to $3,000, gold would be a ramp-up in de-dollarization […]
Surging industrial demand for silver has driven estimates for 2024 total demand to the second-highest level ever. The latest forecast from the Silver Institute, a trade association, calls for global silver demand this year to total 1.2 billion ounces. That would rival 2022’s chart-topping demand of 1.242 billion ounces and represents an overall increase in […]
It was not quite a year ago that banks started tumbling down. You remember the names: Silicon Valley Bank, Signature Bank, and First Republic, all American banks. But it wasn’t just an American problem as the presence of Swiss banking giant Credit Suisse and Deutsche Bank on the troubled list attested. Rising interest rates were […]
Their financial situation is worse than alarming! “Twitching like a fingerOn the trigger of a gun.” -Paul Simon Uh oh! China is making things feel twitchy! We are always on the alert for the most likely trigger of the coming economic calamity. The thing that ends the made-up, manipulated money system and remonetizes honest money. […]
First the NY Times! Now Chase Bank? If you aren’t panicking about the US debt picture, you may not be paying attention! Now even the most establishment of establishment figures are starting to show signs of panic. Including the most establishment banker of America’s most establishment bank. Jamie Dimon is the chairman and chief executive […]