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 […]
Tag Archives: money printing
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, […]
From a perspective of prices, gold is coming off of a rather boring 2021, with a downward movement in price despite demand for the physical commodity (not the paper contract primarily driving the price) seeing a dramatic surge in demand.
Gold is sometimes used as a barometer of investors’ sentiment and the perceived stability of the currency. However, when investing in gold, make sure to keep your perspective on the investment realistic. Should gold be looked at as speculation? Should gold be looked at as a trade? Should gold be looked at as a way […]
The simple agenda of our present White House leadership is to tax the wealthy, spend on programs into oblivion, and buy popularity with freebies. The result of this simple agenda will be financially catastrophic. President Obama accelerated the federal debt from $10 trillion to $20 trillion in eight years. The Democrats never expected Donald Trump […]
The European Central Bank shockingly slashed the 2019 Euro economic outlook from 1.7% to 1.1%. ECB President, Mario Draghi, told reporters, The weakening in economic data points to a sizeable reduction in the pace of economic expansion that will extend into the current year.