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GROWTH, PEAK & COLLAPSE OF ANCIENT CIVILIZATIONS: What Does It Say About Our Modern High-Tech World?July 23, 2021
Few realize the collapse of ancient civilizations occurred at certain timeframes. While the growth and pinnacle of most civilizations took place over a long period of time, the collapse happened much more suddenly. Many archeologists and historians provide many reasons for the collapse of these civilizations...
We decided to add more positions today to our Fortuna Long Trade. I have been watching the price action of Fortuna Silver compared to other silver miners and the SIL Miners ETF. Due to the merger with RoxGold, it seems that Fortuna's share price has been weaker than its competitors...
Jul 22, 2021 - 13:08:23 PDT
Naylor-Leyland says the new "Basel 3" protocols for gold derivatives held by banks suggest that the G-20 powers and the Bank for International Settlements want gold to replace the U.S. dollar as the world's "risk-free instrument."
Everyone is talking about inflation, but what is it? Why does it matter? What causes it? And what can the Federal Reserve do about it? This primer will address those questions with the goal of improving the public’s understanding of inflation and the role of the central bank.
A new internal poll from the National Republican Congressional Committee (NRCC) shows growing concerns about rising inflation in a number of battleground districts ahead of 2022.
The ability to pass on higher costs to consumers will be crucial if staples companies are to protect their profit margins this year .
Going back to the early 1940s– roughly eighty years ago– the median price of a new home in the United States was less than $3,000. Today the median home price is roughly $350,000… more than 100x higher. If that rate continues, then by the time my daughter is 80 years old (she’s currently just a few weeks old), the median home price in the Land of the Free will be more than $30 million.
Officials at the Federal Reserve and White House thought fast price gains would pass. Rent increases could make it a slow fade.
Inflation headwinds will persist in the back half of the year with "peak increases" materializing in the current quarter, CEO Marc Bitzer said during the company’s second-quarter earnings call. Whirlpool earlier this year raised prices by as much as 12%, which has allowed the company to offset the higher costs.
Grocery Prices Could Rise 10 to 14 Percent By October, Grocery Chain CEO Warns | Brad PolumboJul 22, 2021 - 10:44:05 PDT
American families are already struggling amid mounting price inflation that’s eating away at their budgets, with higher costs for housing, vehicles, and more. Yet a top CEO is warning that the growing inflation problem facing Americans could get much worse in the coming months.
The U.S. national debt held by the public is currently almost $22 trillion, surpassing the country's annual GDP for the first time since World War II.
‘Monetary Climate Change’ is here - how will it affect your life? Join Mike Maloney and Ronnie Stoeferle as they discuss the latest ‘In Gold We Trust’ report.
What Biden’s Free Community College Plan Would Cost and Save Americans, $109 billion?Jul 22, 2021 - 09:43:45 PDT
His American Families Plan includes $200 billion for free universal pre-school, $85 billion for Pell Grants to increase the maximum grant by $1,400, and $109 billion to make two years of community college tuition-free “so that every student has the ability to obtain a degree or certificate.”
The Fed should pay attention to Milton Friedman’s wisdom.
A recurring theme in national tax debates is the idea that everyone should pay their "fair share" of taxes. While that aspiration’s validity is widely taken for granted, the stark reality is there’s no such thing as a "fair share" of federal taxes.
At least 29,000 websites are down worldwide. There appears to be a major DNS, or Domain Name System failure that began shortly after 1100ET. DNS acts as the phone directory of the internet, translating names of websites into IP addresses.
it should come as no surprise that the actual aims of the WEF are to provide progressive cover for the upwards redistribution of capital to the same lending institutions which they serve, while disguising this through the reversal and bifurcation of the language in the Orwellian sense of ‘doublespeak’. And it has been the concentration of capital along upwards distribution vertices – real capital flight – that is chiefly responsible for global poverty.
Jul 22, 2021 - 08:56:20 PDT
Former ECB president welcomes climate change actions and return of inflation.
The idea that climate change poses a threat to the financial system is absurd, not least because everyone already knows that global warming is happening and that fossil fuels are being phased out. The new push for climate-related financial regulation is not really about risk; it is about a political agenda.
Jul 22, 2021 - 07:33:22 PDT
The federal government has allocated over $65 billion in recovery funds to Puerto Rico, but communities on the island have received only close to $21 billion, according to the Office of Recovery, Reconstruction and Resiliency.