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Commentaries

Restaurant Apocalypse: The Do-Gooders Created All the Destruction!

Pretending costs don't matter when "doing good" or that we'll find ways to make it work doesn't pay the bills and doesn't make it work.

Credit Card Spending Sagged Again in April Suggesting American Consumers Are Tapped Out

As prices skyrocketed last year, Americans blew through their savings to make ends meet. Now that they've maxed out their credit cards, what happens?

What Do We Make of the Recent Knee-Jerk Gold Selloff?

Most people flip and flop based on the last hour’s news. It’s important to cut through all clutter and keep your eyes on the big picture.

Vietnamese Investors Rush to Buy Gold

As many as 50 customers at a time queued up to take advantage of lower gold prices thanks to a government scheme.

Gold ETFs Globally Report Inflows for First Time in a Year

Inflows of gold into ETFs can have a significant impact on the global gold market by pushing overall demand higher.

So-Called “Green Economy”

If they continue along this path, huge amounts of capital will be misallocated or destroyed. Trillions of dollars will be wasted by governments for political reasons.

Bank for International Settlements (BIS) Gold Swaps Rose Substantially in May

Gold swaps by the BIS, the central bank of central banks, rose by 31 tonnes in May, a 40% increase over the 78 tonnes reported in April, reaching a total of 109 tonnes.

Sound Money Defense League Celebrates 10 Years of Advocacy for Gold and Silver

Executive Director Cortez: "The Sound Money Defense League, celebrating its 10th anniversary in 2024, is a national nonpartisan group focusing on remonetizing gold and silver as money."

Feds Bust Gold Scam Run by Fake FBI Agent ‘Jon Stryker

The victim made three payments to Stryker before realizing the scam. For the fourth, the FBI and local law enforcement set up a sting and arrested Ganesan when he went to pick up $86,000.

Soft Landing Fantasies

Those who think the wizards at the Fed have engineered a soft landing for the grotesquely pumped U.S. economy are in for a rude awakening.

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