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Commentaries

2024’s Defining Events and What Comes Next

Gold is no longer cheap. It’s about where it “should” be, compared to historical prices of houses, cars, clothes and food.

Some Say Housing Bubble about to Implode, but this Time is Different

One article, titled “US Housing Market Is Mirroring 2008 Bubble,” claims the housing market is finally starting to follow the path of the 2008 housing bubble implosion.

Why Not Tax Hikes to Fix the Budget?

The point is that while tax increases raise revenues, at least in the short term, they come with a downside.

China Secretly Snaps Up More Gold, Positions for Its Greater Global Role

Chinese authorities see a greater role for gold in the future international monetary system, or they wouldn’t continue buying such extraordinary amounts of gold.

End Congress’s Christmas Tradition

This week, a new twist in D.C.'s Christmas tradition: not the White House tree lighting, but the passage of a "continuing resolution" (CR) to fund the government and avoid a shutdown.

Inflation is Going to Fight the Fed HARD!

Recession and resurgent inflation are hitting working people hard at the same time. Here are the many facts that show an intense storm of stagflation is looming right behind us.

Budget Deal Avoids Government Shutdown But Exposes Bigger Problem

The most important thing to understand about the budget deal is that it added more spending to the already bloated federal budget.

The Threat of Cashless Societies

There are two predominant dangers that come with a cashless society, and just about every negative that you can think of due to such will fall into one of these two groups: Denial of purchasing power A complete loss of anonymity

John Williams: We're In a Dangerous Circumstance--Risk of Hyperinflation Ahead

So it’s still a dangerous time. There is also the risk of a hyperinflationary economic collapse. That would be the worst of all worlds. Gold would preserve your purchasing power during a runaway inflation. That's been seen time and again throughout history.

Last Week’s Plunge Was Worse than It Seemed

And if you’re superstitious and believe in curses, there is this headline from the latest edition of Barron’s: “Stocks Could Gain Another 20% in 2025. Embrace the Bubble”. Contrary indicators don’t get better than that.

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