An in-dept report from ShadowStats.com Little has changed in the basic outlook. The U.S. economic and systemic-solvency crises of the last five years continue to deteriorate. Yet they remain just the precursors to the coming Great Collapse: a hyperinflationary great … Continue reading
I don’t know what the world will look like in the next five years because we are not dealing any longer with free markets but with markets that are distorted by continuous intervention by the government, the world’s central banks … Continue reading
The politicians will do whatever they find convenient, because there is no longer anything to stop them – not an electorate that is jealous of its liberty and certainly not the Constitution, which is now just a playhouse for judicial … Continue reading
The business cycle, as defined in the modern day, is a primarily central bank-driven phenomenon. The central bank prints more money, electronic and otherwise, and injects more credit (the real definition of inflation) than is necessary. The volume of money … Continue reading
Pay the least premium. Premiums are the differences between the spot (current selling price) of bullion and the purchase price you are paying. It is the markup from the dealer you buy form. In times of great volatility, the premium … Continue reading
With my thanks to Jeff Clark, editor of BIG GOLD A young woman – let’s call her Andrea – inherited some money from her father in late 1997. She was only nineteen at the time. Not knowing the first thing … Continue reading
If gold and silver (honest money) are what the world’s central banks deal in with each other, shouldn’t you, like them, keep a good part of your net worth in gold and silver to prepare for the annual drop in the buying … Continue reading
Fiat (paper) money is the opposite of honest money. Fiat money is money that is declared to have value even if it does not. Honest money has value regardless of what people say. Gold and silver are often referred to as honest … Continue reading