The Federal Reserve’s Washington, D.C. headquarters is getting an expensive facelift, and it appears Fed Chairman Jerome Powell lied about it to Congress.
So what does all of this mean? For me, it signals a collapse of confidence and trust in just-in-time delivery system that provides the underlying support of the fractional reserve and digital derivative pricing scheme
SG: "The right way to own gold and silver is as actual bullion oz — bars, coins, or rounds that are valued purely for their metal content. Not for collectible value, not for some story."
Host Mike Maharrey spoke with Lawrence W. Reed, President Emeritus of the Foundation for Economic Education (FEE), about the forgotten role of sound money in the American Revolution.
Gold’s value is subtle but significant. It works quietly, protecting wealth in the background. The key is to approach it with the right mindset and clear strategy.
We’re waiting anxiously to see whether Trump’s bold initiatives usher in a golden economic era. If this is going to happen, we should see the Dow Industrial lurch to 100,000 at any time.
The bottom line is that Federal Reserve monetary malfeasance has completely distorted the economy. The central bank has squeezed itself between a rock and a hard place.