Tag Archives: US dollar

Our Financial System and US Dollar is Doomed under President Biden

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 […]

Biden Proposal Would Allow the IRS to Snoop Private Bank Accounts

It might be an understatement to point out that the Country lacks competent leadership, particularly in the executive branch. Even more disturbing is the fact that the national leadership particularly the Biden Administration appears focused on eliminating individual rights in favor of a bigger and more controlling government. As the administration is doing all they […]

It’s Time to Get Some Funds Out of Government-Monitored Investments

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 […]

The Case for Owning Physical Gold is Getting Stronger

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 […]

Recent News that will Send Gold Prices Higher

If you have a home, you need good homeowners insurance or hazard insurance in case of a fire, flood, earthquake, or theft. A nice car requires significant insurance in case of an accident. A husband or wife requires a good life insurance policy to take care of a family unforeseen event. Health insurance is required […]

Why Investors are Moving Money Into Precious Metals

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 […]

Why Doesn’t My Financial Advisor Recommend Physical Gold?

While many financial advisors may like the idea of gold and offer gold “exposure” to clients in the form of an Exchange Traded Fund (ETF) of gold mining stock, physical gold is not an asset that most advisors have to offer in their investment products or that they recommend. If your financial advisor does recommend […]

Don’t Expect Inflation to be ‘Transitory’

On Wednesday the Fed decided to keep interest rates unchanged. The Fed will also continue to buy $120 billion in government-backed bonds each month, which keeps longer-term borrowing costs low and can bolster stock and other asset prices. The Fed is buying $80 billion in Treasury bonds each month, and $40 billion in mortgage-backed securities. […]

The Dollar Is Doomed

Benjamin Franklin’s notorious quote stated, … nothing can be said to be certain, except death and taxes. We would argue that there is one more certainty: our dollar will always buy less over time. The US national debt stands at $28.3 trillion and is increasing by the second. The USDebtclock.org jumps keeps clicking away in […]

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