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 […]
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 […]
There is a history of debt cycles, currency destruction, and speculation mania. Today speculation wealth has created an “everything bubble” that is directly attributed to unsustainable central bank liquidity. According to its definition, a central bank, reserve bank, or monetary authority is an institution that manages the currency and monetary policy of a state or […]
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 […]
Venezuela was once the richest country in Latin America. People from America came to Venezuela to build businesses. From the 1950s to the early 1980s, the Venezuelan economy, which was buoyed by high oil prices, was one of the strongest and most prosperous in South America.
The value of the dollar is on pace to be cut by half in just 13 years, and that’s just assuming the inflation rate is 5.4%. We all know that it’s more than that. It’s troubling to think that Washington’s response to all of this is that it is a supply chain issue.
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 […]
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