Markets often exhibit cyclical patterns, and these cycles can occur in various financial markets, including stock markets, real estate markets, and commodity markets. Interest rate cycles and business cycles are also very common based on monetary policy. Market cycles are driven by a combination of economic, psychological, and structural factors. A case can be made […]
Let’s look at the cold hard facts when it comes to debt. Well, at least what we can see because we have no idea how many trillions are lost, stolen, or hidden. The US national debt in 2000 was $5.6 trillion. Today the US national debt is $32.7 trillion. Debt per taxpayer in 2000 was […]
The Fed was formed in 1913 The Federal Reserve System, often referred to as the Fed, was indeed established in 1913. It is the central banking system of the United States and plays a crucial role in the country’s monetary and financial stability. The Fed was created in response to a series of financial panics […]
The Fed has controlled the money since 1971. In 1971 the US dollar was taken completely off the gold standard and became complete fiat. Alan Greenspan came to the rescue in 1987 as the 13th Fed chairperson. As everyone knows by now, we have to say chairperson, not chairman. When a female Fed chair is […]
In 1999 we saw the Dot Com Bubble. In 2008 the Subprime Mortgage Bubble imploded. Neither financial circus was fixed. The can was just kicked down the road. Today we are seeing the beginning of the Everything Bubble implosion. Bonds have lost over $2 trillion in value this year. 50% of Nasdaq stocks are down […]
It is our contention at Midas Gold Group that we have an insurmountable amount of debt out there, much of it that no one truly understands, that will eventually implode and derail our financial system. The US dollar that we have, which is based on debt and fiat, is already under attack at the gas […]
Paper assets are those assets that are simply owed on paper. This includes such assets as stocks, bonds, ETFs annuities, mutual funds, and cash. Physical gold is the most practical and private way for most investors to diversify their assets away from paper.
After the internet bubble in stocks burst in 2000, the Fed used a big decrease in the Federal Funds rate to stimulate the economy. After stocks crashed for over two years, the investment community took advantage of cheap money to build up the housing market. The housing market was then brought down by subprime lending […]
Wise investment advisors generally consider their clients’ long-term financial goals, meaning the goal at least ten years in the future. While Midas Gold Group is not and should not be confused with an investment advisory firm, we have spent decades helping investors put money into private long-term assets. As the government spends trillions of dollars […]
On February 23, Jerome H. Powell, the Federal Reserve chair, testified to lawmakers on the economic rebound from the pandemic recession and the threat of future inflation. Equity markets continue to trade wildly as GameStop and Tesla continue to attract speculators as the Fed is seen as a savior no matter what. We all know […]
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