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It’s Bubble Time!

Shutterstock It’s Bubble Time! Wisdom & discipline will separate winners from victims It’s impossible to predict with certainty how much more insane our financial markets will get before an inevitable correction. But my personal bet is: A lot! For my reasons why, take a few minutes to watch the chapter on bubbles below from The Crash Course. […]

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Germans: ‘Yes, Gold IS Money’

Germans: ‘Yes, Gold IS Money’ Whereas a few years ago countries repatriating their gold seemed to be ‘the hype of the month’, once the dust started to settle, we didn’t hear much about gold repatriations anymore. At least, until last week, when Germany announced it has been able to accelerate the gold repatriations. Indeed, the […]

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The Globalists Strike Back With A Major Push Toward A Cashless Society

The Globalists Strike Back With A Major Push Toward A Cashless Society Their agenda may be on the rocks in the United States at the moment, but that doesn’t mean that the globalists are giving up.  In fact, a major push toward a cashless society is being made in the European Union right now.  Last May […]

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Utah Bill Would Set Stage For State Gold and Silver Depository, Further Encourage Use of Metals as Money

Utah Bill Would Set Stage For State Gold and Silver Depository, Further Encourage Use of Metals as Money SALT LAKE CITY, Utah (Feb. 1, 2017) – A bill introduced in the Utah legislature would build on the state’s Legal Tender Act, creating a foundation for further action to encourage the use of gold and silver as money, […]

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Unaware and Misinformed–Exactly How They Like Us

UNAWARE AND MISINFORMED – EXACTLY HOW THEY LIKE US I should start this out with a disclaimer. I worked as a financial planner and stock broker for 25 years and really didn’t begin to grasp the true mechanics of the financial system until nearly 10 years in. It took even longer for the magnitude of […]

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Money Creation and the Boom-Bust Cycle

Money Creation and the Boom-Bust Cycle  A Difference of Opinions In his various writings, Murray Rothbard argued that in a free market economy that operates on a gold standard, the creation of credit that is not fully backed up by gold (fractional-reserve banking) sets in motion the menace of the boom-bust cycle. In his The Case […]

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Fragmentation and the De-Optimization of Centralization

Fragmentation and the De-Optimization of Centralization Solutions abound, but they look forward, not backward. Many observers decry the loss of national coherence and purpose, and the increasing fragmentation of the populace into “tribes” with their own loyalties, value systems and priorities. These observers look back on the national unity of World War II as the ideal […]

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Heal the Planet for Profit

Heal the Planet for Profit Parisians duck down to evade German sniper fire following Nazi surrender of Paris, 1945If you ever wondered what the odds are of mankind surviving, let alone ‘defeating’, climate change, look no further than the essay the Guardian published this week, written by Michael Bloomberg and Mark Carney. It proves beyond a […]

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Cash Is No Longer King: The Phasing Out of Physical Money Has Begun

Cash Is No Longer King: The Phasing Out of Physical Money Has Begun As physical currency around the world is increasingly phased out, the era where “cash is king” seems to be coming to an end. Countries like India and South Korea have chosen to limit access to physical money by law, and others are beginning to test digital blockchains for […]

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“There’s Chaos Everywhere” – Indians Angry As ATMs Run Dry After Cash Ban

“There’s Chaos Everywhere” – Indians Angry As ATMs Run Dry After Cash Ban The blowback from the world’s latest strike in the war on cash is unraveling fast in India. This week’s decision by PM Modi to ban some high-denomination banknotes (on the premise of fighting corruption) has left “chaos everywhere” according to one official who accused the prmeier of wreaking […]

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Corruption and economic instability in the news

Corruption and economic instability in the news [ I can’t keep up with the flood of news about on fraud and economic instability, so below are a few of the stories I don’t have time to write up. But there are hundreds of stories every month, too many to list or keep up with.  See […]

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China Moves Forward with Its De-Dollarization Strategy

China Moves Forward with Its De-Dollarization Strategy  The world monetary order is changing. Slowly but steadily, global trade and currency markets are becoming less dollar-centric. Formerly marginal currencies such as the Chinese yuan now stand to become serious competitors to U.S. dollar dominance. Could gold also begin to emerge as a leading currency in world […]

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Three reasons why the banking system is rigged against you

Three reasons why the banking system is rigged against you If there were ever any doubt about how completely RIGGED the banking system is against depositors, allow me to introduce the following: Exhibit A: Governments are working to make banks LESS safe Yesterday an unelected bureaucrat that no one has ever heard of made a stunning […]

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Stanley Fischer’s Novel Idea: “We’d Be Better Off With A Price For Using Money”

Stanley Fischer’s Novel Idea: “We’d Be Better Off With A Price For Using Money” The end game of central bank lunacy is surely near. Even the Fed heads appear to be mumbling bits and pieces of truth in public. Former Philly Fed President Charles Plosser, for example, told Bloomberg TV this morning that central bankers “wring their hands all the […]

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Hell To Pay

SkillUp/Shutterstock Hell To Pay The final condition for a market crash is falling into place  Sometimes I wonder if I’m ever going to run out of new things to say about the economy. Nothing interesting has happened in a long time. Our liquidity-drunk “markets” remain over-priced due to the chronic intervention of the global central […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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