By: Stefan Gleason Gold is the metal of kings, the ultimate money, an eternal store of value, an untarnishable embodiment of beauty. Gold is all those things. But it is not the most valuable metal you can own on a cost-per-ounce basis. Often, platinum commands a higher price than gold. Lately, platinum has traded at […]
Austrian Economics
Week in Review: October 29 to November 4
In case you missed any of this week’s articles, here is a round-up of some of the most read pieces written by the Economic Collapse News staff: HYPOCRISY: When will companies pull support from Twitter, Facebook? Is Donald Trump right about the Federal Reserve? LOL: Hillary Clinton hints at 2020 run R.I.P. Fed-Fueled Bull Market […]
SCARY: A serial killer called ‘socialism’
By: Rafael Acevedo Socialism has killed more than 100 million people in the world. This metric is one example of why the system implemented in Venezuela for the past 60 years is the worst option to improve the quality of life. Ludwig von Mises once said that every soccialist is a potential dictator, and the […]
Week in Review: October 22 to October 28
In case you missed any of this week’s articles, here is a round-up of some of the most read pieces written by the Economic Collapse News staff: The Economist: ‘When all job differences are accounted for, the pay gap almost disappears’ LOL: Ocasio-Cortez says global warming poses same threat as Nazi Germany Ron Paul: What […]
Random Friday: Q3 GDP, Schiff’s recession talk, Chuck Todd fears Russians
News Story of the Day: The U.S. economy may have cooled off a bit from the second-quarter, but it is still expanding at a rapid rate. According to the Bureau of Economic Analysis (BEA), the gross domestic product rose at an annualized pace of 3.5 percent, beating market expectations of 3.4 percent. This was driven primarily by consumer spending, […]