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Real-World Problems: The Current State of The Gold Market In Plain Language
Real-World Problems: The Current State of The Gold Market In Plain Language There have been recent rumors in the gold market about the availability of physical gold. Some social media personalities and news agencies have claimed that there is a shortage of physical gold on the market. However, it is not so much about a shortage of gold, […]
The Federal Reserve’s One Last Hail Mary
The Federal Reserve’s One Last Hail Mary Over the last few weeks, the Federal Reserve has been in utter desperation mode to try to revive and keep the American economy on life support. What many in the mainstream media have failed to include in this recent coronavirus economic narrative is that the virus was just […]
U.S. Silver Eagle Sales Surge Past 5 Million In March: Availability At Low Prices… CHECK HERE
U.S. Silver Eagle Sales Surge Past 5 Million In March: Availability At Low Prices… CHECK HERE With the U.S. Mint now temporarily suspended, it will become even more difficult to acquire Silver Eagles. According to James Anderson at SilverDoctors, the U.S. Mint shut down its West Point Facility due to an officer testing positive for the […]
Don’t Wait For the Storm to Pass–Learn to Dance in the Rain!
DON’T WAIT FOR THE STORM TO PASS – LEARN TO DANCE IN THE RAIN! Whoever doesn’t learn to dance in the rain will struggle to survive the virtually non-stop storms that the world will experience in the next few years. The abrupt downturn in the global economy, triggered but not caused by coronavirus, came as […]
It’s Only a Matter of Time Until COVID-19 Lockdowns Lead to Civil Unrest and Violent Crime
It’s Only a Matter of Time Until COVID-19 Lockdowns Lead to Civil Unrest and Violent Crime (March 31, 2020) The United States of America is basically closed for business, leaving citizens jobless, broke, and without options. We’re facing restrictions on movement the likes of which our nation has never seen. The stores that are open […]
The COVID-19 Tripwire
The COVID-19 Tripwire “You better tuck that in. You’re gonna’ get that caught on a tripwire.” – Lieutenant Dan, Forrest Gump There is a popular game called Jenga in which a tower of rectangular blocks is arranged to form a sturdy tower. The objective of the game is to take turns removing blocks without causing the […]
Whiting Petroleum Files For Prepackaged Bankruptcy
Whiting Petroleum Files For Prepackaged Bankruptcy Talk about a coincidence: just as we were discussing why April would be “apocalyptic” for the oil industry, as Saudi Arabia just unleashed an unprecedented record amount of oil to buyers in a scramble to put its high-priced competitors out of business, warning that “countless oil producers would file […]
Who’s Next to Fail in the Post-COVID World? As much as I hate to invoke The Ayn Rand lest I give off the impression I’m some kind of Objectivist, which I am most certainly not, the engine of the world is coming to a halt. Money velocity has been falling for years. It is now […]
‘Texas Miracle’ “On Ice For Time Being” As Crude-Carnage & COVID-Chaos Double-Whammy Strikes Lone-Star State
‘Texas Miracle’ “On Ice For Time Being” As Crude-Carnage & COVID-Chaos Double-Whammy Strikes Lone-Star State West Texas Intermediate (WTI) spot prices plunged 7.5% to the 19-handle on Sunday evening, hitting lows not seen since 2002. WTI has crashed 70% in the last 56 trading sessions amid the COVID-19 crisis triggering a demand bust across the world. As […]
Coronavirus is bad: The economic fallout may be more deadly
Coronavirus is bad: The economic fallout may be more deadly The immediate impacts of the Coronavirus worldwide and in the United States is horrific but the economic fallout after this pandemic ends may be more deadly. Economic Fallout Caused By Coronavirus Will Be Far Worse But the economic fallout and resulting impact on our fragile just-in-time supply-chain […]
Pandemic-Related Unemployment and Shutdowns Are a Recipe for Social Unrest
Pandemic-Related Unemployment and Shutdowns Are a Recipe for Social Unrest That’s a huge concern as forecasters expect the U.S. unemployment rate in the months to come to surpass that seen during the depths of the Great Depression. Could the stalled economy we’ve inflicted on ourselves in our frantic efforts to battle the COVID-19 pandemic lead […]
Nobody Knows Anything
Nobody Knows Anything The more I read and observe the clearer the message: Nobody knows anything. And by that I mean nobody truly knows how any of this will turn out and I think this point needs to be driven home more clearly. Tons of projections of this, that and the other. Just stop. I happen […]
COMEX can’t find a 400 oz bar for its new 400 oz gold futures contract
COMEX can’t find a 400 oz bar for its new 400 oz gold futures contract Update 31 March After this article was published early morning March 31, New York Time (NYT), the CME has now completely removed the 400 oz gold bar category from its COMEX daily gold inventory report dated March 30, and reissued […]
Atlas Is Shrugging
Atlas Is Shrugging “Government help to business is just as disastrous as government persecution… The only way a government can be of service to national prosperity is by keeping its hands off.” – Ayn Rand Congress has just approved an economically bloated $2.2 trillion spending relief bill, an amount more substantial than the GDP of all […]
Maersk Crew Hospitalized In First Ever COVID-19 Cases On Board A Container Ship
Maersk Crew Hospitalized In First Ever COVID-19 Cases On Board A Container Ship Despite one of the the world’s largest shipping lines, Maersk, recently suspending all crew changes aboard its container vessels for up to one month in order to shield crew and operations from the coronavirus and keep them “as normal as possible,” this weekend witnessed the first ever confirmed cases […]
