Dr. Ron Paul discusses the US abandoning the gold standard and the potential for gold to reach $10,000 due to concerns over the dollar's reserve currency status.
Markets are taking back the rewards they errantly gave under their gas-sniffing high after soft-talking Powell enabled them to believe in a Fed-fantasy March rate cut this year.
The opportunity will exist for nimble entrepreneurs and speculators to do well, even as most people’s standard of living drops. But the big question is: For how long will the societal trend that we’re now on continue going down?
Moriarty discussed a surge in an ETF tied to gold, anticipating a correction in gold prices followed by a continued upward trend, unless major global conflict disrupts markets.
All elements of inflation are doing worse. You can believe in Moody’s fact-free, fantasy cooling period if you want to; or you can believe in the obvious reality raging as an inferno all around us.
This reveals the ugly truth in Washington D.C. No matter what you hear about spending cuts, the federal government always finds new reasons to spend more and more money.
Brickman discusses the end of the macro cycle of the dollar as supreme currency. If inflation spirals out of control, and currency controls make gold and silver unavailable, inflated equities may be the only hiding place.
A symptom of inflation is rising consumer prices. When you pay more for everything due to inflation, you’re being taxed more on the money the federal government borrowed.
There is no escaping the debts we have amassed, and there are reasons to strongly doubt that those who owe will get to stiff creditors via hyperinflation or even sustained inflation.
