Gold has all the potential to go unprecedentedly high. But silver will be gold on
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Any suggestion of returning the monetary system to a gold standard is immediately met with howls of protest. "It's impossible!" were told.But Bettina Bien Greaves who was a translator, editor, and bibliographer for economist Ludwig von Mises' works argues that there is no practical reason we couldn't return to a gold standard. The objections are almost all ideological. "If this basic obstacle could be overcome, however, a return to gold money would become a realistic possibility," she wrote.
Retail sales surged in January, creating the impression that the economy is humming along nicely. After all, there can't be a problem if consumers are out there consuming, right?But a lot of people are ignoring a key question: how are people paying for this shopping spree?
The data over the last several months has been spot on in predicting the moves in gold and silver. November showed the market was in neutral, but then the December analysis correctly identified an impending move upward, and the January review concluded that gold may need a breather before moving higher.So, what about this month?
Gold inventory in COMEX vaults declined by nearly 5% in a single month.This analysis focuses on gold and silver within the Comex/CME futures exchange. See the article What is the Comex? for more detail. The charts and tables below specifically analyze the physical stock/inventory data at the Comex to show the physical movement of metal into and out of Comex vaults.
WHAT ARE THE MOST PROFITABLE GOLD MINING COMPANIES 2022: Which Country Do They Belong To?February 22, 2023
What are the world's most profitable Gold Mining Companies, and which country do they belong to? Also, we show which gold miners are the least profitable and likely an excellent idea to stay away from. While the top gold miners' margins differ, many companies' costs are the highest ever...
Treasure Hunter Claims FBI Is Covering up Discovery of Civil War-Era Gold Worth MillionsFeb 21, 2023 - 12:56:17 PST
The FBI is covering up a trove of Civil War-era gold the agency dug up in Pennsylvania, one treasure hunter claimed – and he's determined to expose the alleged truth.
Gold prices eased on Tuesday as investors refrained from taking big positions ahead of U.S. data that could influence the Fed's rate-hike strategy.
The great bulk of the revenues of government, the very nub of its power and its essence, is taxation, to which we turn in the next section. Another method is inflation, the creation of new money...
Biden Turns to Private Businesses to Juice His Spending and Tax Incentive PackagesFeb 21, 2023 - 12:43:13 PST
Biden wants businesses to boost impact of massive programs.
In numbers and charts: The weight changes in the major CPI categories pushed up overall CPI.
It’s only the hyperinflation that gets to do the eating.
There've been many recent headlines about foul-ups: diesel shortages, train derailments, air-traffic shutdowns, and explosions.
What's interesting is the really hard problem AI has not been applied to is how to manage these technologies in our socio-economic-cultural system.
The net result of hyper-globalization and hyper-financialization is the crumbling of the middle class.
Advocates of Keynesian economics believe the Federal Reserve should pursue policies that will prevent the possible decline of the economy into a liquidity trap. But what is a liquidity trap? Economic activity often is presented in terms of a circular flow of money.
People can never be made incorruptible. We can, however, design governmental systems filled with checks and balances that limit the temptations.
Let's go over recent money supply numbers with a spotlight on the Fed's H.8 asset and liabilities report.
Feb 21, 2023 - 07:50:40 PST
Social Security is funded on a PayGo basis. By law, benefits will be reduced in 11 years if we do nothing.
Why the Fed Can Let the Housing Bust Rip: Mortgages, HELOCs, Delinquencies, Foreclosures, and Who’s on the HookFeb 21, 2023 - 07:49:50 PST
Mostly taxpayers, not the banks.