By: Stefan Gleason The dramatic ascent of precious metals markets this summer reflects what could be just the start of a longer-term decline and fall in the Federal Reserve Note’s value and status. With gold prices surpassing $2,000/oz recently, the monetary metal has now made new all-time highs versus all the world’s major fiat currencies. […]
Money
Is Zimbabwe giving white people reparations?
By: Andrew Moran Since its declaration of independence, the Zimbabwe government has engaged in a crusade against its white minority. At first, it was a bureaucratic battle to confiscate land from white commercial farmers. Twenty years later, former President Robert Mugabe and his corrupt thugs seized white-owned property without compensation. Bloody violence, socialist policies, and incompetence – […]
REINCARNATION: Bankrupt companies unfile to receive PPP loans, go bankrupt again
The pandemiconomy gets weirder and weirder as time goes by. First we have dumb money flooding financial markets. Then we have unlimited asset-buying by the Federal Reserve, as well as unlimited money-spending by the federal government. Then we have companies that raise millions but don’t do anything. Now we have bankrupt companies that unfile to […]
Gold soars to another all-time high, silver rallies 5%
Gold continues to glitter, silver continues to spike. The precious metals are booming on Tuesday on a whole host of issues, from inflation fears to stimulus spending to the mysterious explosion in Beirut, Lebanon. December gold futures spiked $35.50, or 1.79 percent, to $2,021.70 per ounce. September silver futures surged $1.408, or 5.77 percent, to […]
What happened to America’s pre-pandemic economic problems?
By: Andrew Moran So much has happened in 2020, and the year is not even over yet. It has been full of loneliness, misery, suffering, and unhappiness for millions of people around the world. From lost jobs to depleting bank accounts, it has been a horrific start to the decade for so many folks. When […]