How high will gold go? $2,000? $2,500? How about $5,000? Diego Parrilla, the head of the $450 million Quadriga Igneo fund, says the yellow metal could top $3,000 as central banks will fail to contain inflation over the next decade. Speaking in an interview with Bloomberg, Parrilla avers that unprecedented stimulus from the Federal Reserve […]
Federal Reserve money-printing surges to all-time high in May
By: Ryan McMaken Money supply growth surged to another all-time high in May, following April’s all-time high that came in the wake of unprecedented quantitative easing, central bank asset purchases, and various stimulus packages. The growth rate has never been higher, with the 1970s the only period that comes close. It was expected that money […]
WHITE SUPREMACIST: AOC displays ‘white power’ symbol during Zoom conference
Is Representative Alexandria Ocasio-Cortez (D-NY) a white supremacist? Well, if you go by the left’s standards, AOC should be labeled as such. During a Zoom conference, AOC flashed an OK sign (the thumb and finger touch to create a circle and the three fingers are extended). This is a benign hand gesture, but it has […]
U.S. inflation climbs to 0.6% as food prices, health care services surge in June
Well, there is no inflation if you don’t eat food, live under a roof, or participate in the consumer economy. The Bureau of Labor Statistics (BLS) released its consumer price index (CPI) on Tuesday and it did not look good for the immediate future, particularly with the Federal Reserve printing money like it is nobody’s […]
Wall Street urges indebted U.S. to take on more debt to survive COVID-19
By: Andrew Moran Because the country could not stop for debt, he kindly stopped for the nation. You venture to your mailbox to find a statement notifying you that you have maxed out your credit card. Instead of making sacrifices and cutting back on your spending, you choose to get another piece of plastic to pay off […]