Maharrey delves into the topic of Franklin D. Roosevelt's gold confiscation during the Great Depression, framed within a broader discussion of government power and individual compliance.
The U.S. and its allies have suppressed the gold prices. Gold derivatives are to a great extent just naked short positions against the metal; there is very little real metal backing what is called "paper gold."
The caviar view I’ve presented: Inflation is not hitting the price of caviar as much as it is hitting the price of coffee and cocoa. So, it’s not hitting the rich as much as the rest.
At the aggregate level, all four major electronics fabrication hubs around the world recorded a year-on-year increase in gold demand during the first quarter.
Credit reports certainly don’t show what Powell is seeing as he looks on the bright side by staring into the sun, even though the data comes directly from the Fed.
The United States' spiraling debt is starting to draw comparisons to countries that have seen their currencies and economies collapse due to reckless fiscal and monetary policy.
Congress should rein in the Federal Reserve by passing the Audit the Fed bill, legalizing alternative currencies, and forbidding the Fed from purchasing government debt. The goal should be to abolish the Federal Reserve.