Gold is one of the most reliable and accurate financial measures one can use. Historically, the Dow/gold ratio has provided a very good signal for silver bear and bull market cycles.
The growing movement toward gold in Africa underscores an important truth: while fiat currencies come and go, gold has remained a trusted money for over 5,000 years.
Maharrey interviewed David Morgan, a renowned precious metals expert. They discussed inflation's impact on precious metals, the dynamics of the silver market, and platinum's potential.
When it gets bad enough for citizens and politicians to complain too loudly, the Fed will give in. Don’t expect any possible rate cuts to have a positive impact, though.
Comments from Fed chairman Jay Powell and a host of other current and former central bank policymakers this week suggest a rate cut could come in September.
The federal government spent $140.2 billion paying interest on the national debt in June. That is just over 30 percent of the month's total tax receipts.
Dent says, "This is...the greatest single and most global bubble burst in history. Everybody is hoping for the last thing that's going to happen, which is a soft landing."
We know change is coming. The question is how it will happen. The debt crisis will bring some very tough choices, but they may be only part of a longer list.
