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Economy

As individuals, we simply cannot consume far more than we produce indefinitely, and the same thing is true for our nation as a whole.

It’s only by reducing your need for the things sold in stores that you can exempt yourself from the chaos and desperation that will erupt when everyone realizes that an economic collapse has occurred.

All of this debt will never be repaid.  Ultimately there will come a day when the system will completely collapse under the weight of so much debt, and most Americans are completely unaware that such a day of reckoning is rapidly approaching.

As their corrupt governments continue destroying the value of their currency through inflation, many people in Africa are switching to cryptocurrency to take the power back from the establishment.

On the same day that the leaders of North and South Korea met and agreed to a historic peace deal, the five largest defense contractors in the U.S. lost more than $10 billion in value.

Financial analysts and large institutions have generally avoided gold and silver for nearly a decade. But the tide appears to be changing.

The delinquency rate on mobile home loans has increased by 200 basis points, or 2 percentage points, over the past year, according to research cited by UBS. The 30-day-plus delinquency level is now about 5%, the highest level since 2005.

The jig’s up for the American dollar. Obviously, it’s not going to be overnight, but it is happening.  Gold has to appreciate in this environment.

Lower taxes are always a good thing, the lower the better, in fact.  But Republicans refused to cut any government spending while instead, increasing it to the point of running massive deficits, making them worse than Democrats when it comes to being fiscally conservative.