The silver lining in the TikTok ban is it is waking up more Americans, especially young Americans, to the threat the out-of-control welfare-warfare-surveillance state poses to their liberty and prosperity.
J. Powell has gone full bananatard. The financial hallmark of banana republics is to print money in order to finance their debts. The Fed isn't allowed to do that by law because all nations that take that path to financing government overspending turn to ash in the flames of hyperinflation.
Simply put, gold does well in stagflationary environments because it benefits from the elevated risk environment, high inflation and falling real interest rates (interest rate minus inflation).
Skousen underscores the record-breaking purchases of central banks in the gold market in recent years, and gold as strategic hedge against economic instability and inflation.
2024 looks poised for possible problems later in the year in that deep layer of interbank lending that keeps financial institutions running through the night to the next day.
Principle number one in alternative investment selection: look at the process, philosophy, point-of-view, and personnel first; look at the performance second.
I’m so bearish on the prospects of the current world order. There are decades-long distortions in the economy that have to be liquidated. The whole legal system is rotten to the core.
Chinese investors are following the lead of their central bank, which has been gobbling up gold for 16 straight months, adding over 300 tons to its stash.
Sponsor Sen. Ben Hansen says, "Saving and using gold and silver is our right and one of the only checks and balances to our federal government's unending devaluation of our paper currency. ”
