The point, as a possible debt ceiling showdown nears, is that even completely eliminating that “non-defense discretionary” spending slice would still leave Washington without enough income to cover interest, defense, and mandatory spending growth.
The Missouri Senate today passed legislation that would prompt the state treasurer to hold at least 1% of state funds in gold and silver while eliminating all state income taxes on monetary metals.
The other conclusion to be drawn, is there is no point making life harder for ourselves by trying to achieve 100% electrification, given that we do not have the metals supply to achieve this goal.
Changes in secular investment cycles can be financially devastating or wildly profitable - and this can be true on both ends of the cycles. As developed in the educational videos, stocks and gold have over the long term been contracyclical..
We are back to growing along the same slope (rate) as we had been, but stepped down to a much lower level. With the labor force that produces supplies and services now far below..
Monetary Metals gives a preview into its Seventh Annual Gold Outlook report, including a review of last year’s call, and the key price drivers for gold and silver in 2023.
Some people support sales taxes because sales taxes discourage consumption and encourage savings and investment. While savings and investment are crucial to a free market..
Stock investors don’t believe Powell because the Fed lost most of its credibility in recent years by promising it could do quantitative tightening on autopilot..
