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Commentaries

America at 250: What Is the Dollar Still Independent From?

America will rightly celebrate 250 years of independence this weekend, and it remains a powerful, innovative and extraordinary country. But the dollar’s strength is not guaranteed by...

Robert Lambourne: BIS Annual Report Does Extra Fudging about Gold

While the bank celebrates itself in its new annual report, outsiders should remember that the bank's objectives go far beyond its stated ones -- "the pursuit of price stability and a resilient financial system" -- and include keeping the world ignorant of how central banks are striving in secret to control its money and the value of all the world's capital, labor, goods, and services.

The Great American Sleepover

According to Pew Research, positive favorability ratings for the USA are near their lowest. What World Cup tourists found instead broke their expectations in the best possible way.

The Deeper Dive: Plunging Deeper Into Plunging Oil Prices

We have to rebuild infrastructure after the war ends, whenever that is. And Kuwait has told us that it will take three months after the strait is reopened to get oil production restored.

China Is Not Going to Invade Taiwan

Myanmar supplies roughly half of China’s heavy rare earths: the dysprosium and terbium that go in EV motors, wind turbines, and guided weapons; and recently, nearly all of China’s imports.

Moonshot Gold Options Buyers May Have Too Much Trust in the Government and the Exchange

Hemke notes that a gold moonshot isn't necessary for the buyers to make money on them, since any strong rise in the gold price may make the options more valuable.

Fed Chair Warsh's Will vs. Economic Reality

Every economic policy decision requires tradeoffs. Warsh’s commitment to slaying inflation would create significant pain. Is he really willing to face the fallout from that tradeoff?

Patriotism Shouldn't Apply to the Debauched Dollar

Driven by excessive currency creation, persistent inflation acts like a perpetual tax, undermining personal savings and liberty.

Virginia Extends Gold & Silver Tax Exemption Hours Before Midnight Expiration

The overwhelming trend is to remove taxes and impediments surrounding gold and silver. However, states have recently imposed taxes on precious metals, including Washington and Maryland.

Bolivia Ends Dollar Peg, Devalues Currency

The sad reality is that governments will continue to debase your money because money creation is the lifeblood of big government.

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