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 has had a quiet 2021 performance-wise. In 2019 gold was up 19%. In 2020 gold was up 25% as it forecasted inflation correctly. 2021 has been a year of rest so far for gold as it has floated between $1,700 and $1,900 all year. We fully expect gold to reflect the major monetary expansions […]
Very simply put, it’s time to buy gold to preserve your nest egg. Oh, what do investors do? Stocks have been going up for a decade and the indexes, especially technology and semiconductor chips, look like a ski slope. We are seeing a generation of gamblers push buttons to send risky stocks higher and crypto […]
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 […]
Last week President Biden nominated Saule Omarova to the position of Comptroller of the Currency. Saule Omarova is a Marxist and quite the anti-capitalist. Her academic writings included a proposal for the Federal Reserve to take over banking functions for citizens and she wrote a thesis at law school about the Marxist economic system.
Judging by what the mass media is covering, you would think all is well in the traditional financial markets. However, we understand that the mass media never focuses on the real truth. Let’s look at 3 very concerning things that are not getting the media attention they deserve. If you want the real news, don’t […]
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 Gold Standard radio show is a weekly radio program presented by Midas Gold Group. The program gives you a realistic weekly perspective on the state of the economy and gives reliable information about using physical precious metals such as gold, silver, and platinum to safeguard your wealth. The show also provides remarkable details about […]
Risky speculation is running rampant when it comes to stocks, real estate, and digital crypto. If you are an experienced investor or trader, there is always an opportunity for speculation. Speculation can make you rich, and speculation can bankrupt you. Recently the price of gold was slammed overnight as someone liquidated $4 billion worth of […]
Another week, another 3.5 trillion dollars was proposed by our White House leaders. Senate Democrats began drafting the details on a social and environmental bill. Senate Democratic leaders have said they aim to pass both the budget blueprint and a narrower, bipartisan infrastructure plan that is still being written before the August recess. Our leaders […]
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