European authorities are winning the war on cash. On Friday, Germany and Austria joined the rest of the eurozone in killing off 500-euro notes. European central banks began terminated this banknote in January, but Berlin and Vienna were given an additional three months to play catch up. The currency will remain legal tender and consumers […]
Archives for April 2019
AWKWARD: Joe Biden’s senior adviser doesn’t want ‘white people leading the Democratic Party’
Everything about former Vice President Joe Biden’s bid for the White House so far now just seems mendacious, fake, and forced. From claiming that he told former President Barack Obama not to endorse him to falsely saying that President Donald Trump called neo-Nazis in Charlottesville “fine people,” Biden just seems like he’s taking a page […]
BEAR OR BULL: What direction is silver headed?
By: Dave Smith The gold and silver bull markets have been on a roller coaster ride for almost two decades. Gold came to life in 2000, with silver crawling along between $4 and $5 until late 2003, making its first print above $10 in March 2006. The next two years saw the last part of […]
WATCH: Amy Klobuchar has her ‘Jeb Bush moment’
Senator Amy Klobuchar (D-MN) has zero chance of being president, let alone winning the Democratic nomination. Klobuchar is barely showing up in the polls. She has the same fate as former Governor Jeb Bush. Don’t believe it? She just had her Jeb Bush moment. That’s how bad things are getting. It’s surprising that she didn’t grab […]
IMF champions subzero interest rates, e-currency to spur economic growth
In recent years, central banks worldwide have adopted negative interest rates. Desperate for economic growth, the central planners believed they could encourage consumers to stop saving and start spending, so the gross domestic product (GDP) can surge and politicians can appear to be lifesavers. The talk of subzero rates has died down in recent months, […]