When comparing a sound money standard to a central bank-managed unbacked paper money, the choice is clear. 400 Ph.D. economists vs. one shiny rock? My money is on the rock.
The bond vigilantes are real, and they wield enormous power. The global bond market is significantly larger than the global stock market, with a total value exceeding $140 trillion.
The Pentagon will become the largest shareholder in MP Materials, the only rare earths miner in the United States, after agreeing to buy $400 million of its preferred stock.
BM: So, what I see happening between now and October is gold and silver starting now or shortly, the general stock market tumbling soon, I think the valuations are patently absurd...
The failed Soviet Union demonstrated that central planning never works. Centrally-planned economies produce luxury for the elites and poverty for everyone else.
In a recent note, JPMorgan Chase highlighted the de-dollarization trend, pointing out that dollar reserves have dipped to a 2-decade low below 60 percent.
Jordan Roy-Byrne began by emphasizing the importance of gold’s breakout in March 2024. This move marked the seventh major breakout in gold’s history...
