News Story of the Day: The Canadian government has embarked upon a multi-year strategy to sell of gold in order to hoard other countries’ currencies. Unlike its G7 partners, Canada’s gold reserves have pretty much gone to nothing as of the end of last month. Ottawa currently holds roughly 77 ounces of gold, which is […]
Archives for March 2016
Video: Mitt Romney pummels Donald Trump in speech
Two-time presidential candidate and former Republican Massachusetts Governor Mitt Romney delivered a speech Thursday that was pretty much an all out assault on Donald Trump. Romney urged all GOP voters to opt for John Kasich, Marco Rubio and Ted Cruz instead of Trump. This is a huge story for both Trump and the Republican Party. […]
Jamie Dimon doesn’t think negative interest rates aren’t ‘in the cards’
There’s been a lot of talk about negative interest rates as of late. With tepid economic growth, central banks have instituted subzero rates to invigorate the economy and resuscitate the consumer. Is the United States about to experience negative interest rates? Not anytime soon, says JPMorgan Chase CEO Jamie Dimon. Speaking in an interview with […]
Peter Schiff says stagflation is Federal Reserve’s ‘nightmare scenario’
Economists and central bankers are celebrating after it was reported by the Bureau of Labor Statistics (BLS) that inflation rose 2.2 percent year-over-year in the month of January. This turned out to be the biggest jump since 2012, and exceeded the Federal Reserve’s two percent target. Not everything thinks this is all sunshine and lollipops, […]
Just how big is America’s national debt? Watch this video to find out
Learn Liberty is out with a tremendous video that attempts to answer the question: “How big is the U.S. debt?” The video crunches the numbers, including the national debt totaling $19 trillion and unfunded obligations exceeding $70 trillion (that number is likely greater). Simply put: you could confiscate the wealth of the top one percent […]