US economy

Read our articles on US economy.

The US Banking System is Sick and on Life Support

Fractional banking refers to a banking system where banks are required to hold only a fraction of their deposits as cash reserves. Banks only keep a fraction of deposits, such as 10%, available for withdrawals and payments. The rest is loaned out to earn interest. This allows banks to leverage customer deposits to issue new […]

From Market Boom to Bust

There’s a good reason why the Midas Gold Group exists and why we’re so committed to educating you on our nation’s financial history, how markets are cyclical, and how precious metals like gold and silver have stood the test of time in providing a certain amount of protection of your purchasing power. To better understand […]

Timeline of Real Money to Total Fiat Currency

Money backed by gold refers to a monetary system where a country’s currency or paper money has its value linked to gold. For many years in the late 19th and early 20th century, many major economies had currencies that were fully or partially backed by gold. This was known as the gold standard. In a […]

Will Gold Take Down the Fed?

In 1963 this country lost a great man and leader, President John Fitzgerald Kennedy. President Kennedy had great ambitions for this nation. One ambition was to make the US monetary system the strongest on earth. As part of his efforts to achieve this, he issued Executive Order 11110. In this Executive Order, President Kennedy attempted […]

2023 Has Provided Many More Reasons to Own Gold

As we look back on 2023, a simple question for folks to ask themselves would be “Have the events that have unfolded in 2023 provided more reasons to own gold?” Our contention is physical gold is the only form of real money that has survived throughout time in its original form. Gold is a way […]

The Purchasing Power of the US Dollar is Dwindling

When the US was on the gold standard, the value of the dollar was tied to a specific amount of gold, providing a degree of stability to the currency. After leaving the gold standard in 1971, the US adopted a fiat currency system, where the value of the dollar is not backed by a physical […]

The US Government has Weaponized our Dollar

In 1971, the Nixon Administration ended the gold standard. All global currencies would become fiat. Fiat currency means that it is not backed by a physical commodity like gold. Our US dollar used to be backed by a certain amount of gold but that started to end in 1933 by FDR, and completely ended in […]

Slowly but Surely the World is De-Dollarizing

FDR devalued the US dollar in 1933 De-dollarization is becoming more evident today than ever before. Before 1933, the US adhered to the gold standard, which meant that the value of the US dollar was tied to a specific amount of gold. However, facing financial difficulties, President Roosevelt signed Executive Order 6102 on April 5, […]

The Financial Numbers Speak for Themselves

Algorithms play a significant role in the modern financial world. The integration of technology and advanced mathematical models has transformed the way financial markets operate and how financial institutions make decisions. Algorithms are used to execute large numbers of orders at extremely high speeds. These algorithms analyze market conditions and execute trades in milliseconds, taking […]

Outrageous Financial Conditions Lead to Outrageous Financial Results

Outrageous financial conditions you say. Good heavens what could you possibly mean? Well, let’s start with the basics. Our government is drowning in debt. The world is drowning in debt. The banking system is sitting on huge unrealized losses because of interest rate debt as well as greed and corruption and an imploding commercial real […]

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