Posts In Category

Economy

Even though I write about our ongoing long-term economic collapse every day, I didn’t realize that things were this bad.  In this article, I am going to show you that the average rate of growth for the U.S. economy over the past 10 years is exactly equal to the average

I have always thought there should be another currency besides the dollar, which has become nothing more than fiat money.  Gold and silver are historically stable money that holds their value (when they are not being manipulated).  However, since Bitcoin came on the scene, it has not only been volatile,

The evidence that the middle class in America is dying continues to mount.  As you will see below, nearly half the country would be unable “to cover an unexpected $400 expense”, and about two-thirds of the population lives paycheck to paycheck at least part of the time.  Of course the

Over the past three weeks, approximately 11 trading days, silver has suffered one of the longest downward spirals in a great many years, and some have even argued this is the longest ever. I try not to look a gift horse in the mouth and simply use this manipulated beating

For the first time since 2002, global silver mining/scrap production dropped. Silver is a direct reflection of electronics demand and manufacturing. Without silver, our world would not be the same. The computer or phone you’re reading this on would not exist. The TV, wiring in your house, just for starters,

“When you or I write a check there must be sufficient funds in our account to cover the check, but when the Federal Reserve writes a check there is no bank deposit on which that check is drawn. When the Federal Reserve writes a check, it is creating money.” ~

Gold and silver have been sold down pretty hard since April 18th. But the structure of the weekly Commitment of Traders report, which shows the long and short positions of the various trader classifications (banks, hedgers, hedge funds, other large investment funds, retail) had been flashing a short-term sell signal for

The recklessness of the “too big to fail” banks almost doomed them the last time around, but apparently they still haven’t learned from their past mistakes.  Today, the top 25 U.S. banks have 222 trillion dollars of exposure to derivatives.  In other words, the exposure that these banks have to

If you’ve been watching the gold mining sector lately then you may have noticed a recent dip in prices. While this may normally be a sign of problems in the space, as Eric Sprott points out in his latest interview with SGT Report, the reason behind the down-move is actually the

If a former Reagan administration official is correct, we are likely to see the next major financial collapse by the end of 2017.  According to Wikipedia, David Stockman “is an author, former businessman and U.S. politician who served as a Republican U.S. Representative from the state of Michigan (1977–1981) and