Tag Archives: inflation

The Inevitable Demise of the Paper Dollar

Since the consumer price index was first used in 1919 as a key measure of inflation, it has been modified at least 18 times. Many argue that the goods measured are not representative of the true increase in living costs. Recently President Joe Biden announced that inflation dropped to zero percent despite double-digit annual increases […]

Money Is About Trust, and Our Paper Money Is Losing Its Trust

Money can be any item or confirmable record that is generally accepted as payment for goods. Money is also used for the payment of services and the repayment of debt such as taxes. Money is supposed to be a medium of exchange, a unit of account, a store of value, and sometimes a standard of […]

The Numbers on Why You Should Own Gold

Gold is a store of value. It holds your purchasing power when paper fiat money does not. Remember in 1971 the US dollar was taken off of the gold standard. Since that time and the “temporary” move, our money is backed by nothing but a promise. It was a promise by the government to pay […]

Paper Assets that can be Used to Own Physical Gold

The financial system of paper assets has become more complex since 1971. Since the evolution of computers, the idea of money has taken on different behavior. With the attitude of debt and reckless money printing and creation, our money is losing the trust of the people. Central bankers and governments have weakened the store of […]

Our US Dollar is a Devalued Fiat Currency that is Failing

In 1933, the United States devalued our dollar by approximately 40%. The government redefined our dollar from being backed by about a 1/20th of an ounce of gold to only a 1/35th of an ounce of gold. In 1971 President Richard Nixon devalued the dollar again by completely taking it off the gold standard “temporarily”. […]

Physical Silver is One Way to Protect Your Nest Egg

Technology and other NASDAQ stocks suffered their worst month in April since 2008. As the Federal Reserve tries to unwind the mess they created with interest rate increases and quantitative tightening, the destruction of paper wealth they created over the last twenty years is being ripped apart. Stocks and bonds are taking big hits as […]

Politicians and Central Banks Have Ruined the Financial System

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 […]

The Fed is Making its Own Mess a Whole Lot Worse

The Federal Reserve System is the central bank of the United States. There are many reasons why the Federal Reserve is not a government agency. The US has to borrow money and pay interest and fees on it. A truly sovereign money system does not allow the central bank to sell Treasuries to other parties, […]

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