Economy

Total Government And Personal Debt In The U.S. Has Hit 41 Trillion Dollars ($329,961.34 Per Household)

We are living in the greatest debt bubble in the history of the world.  In 1980, total government and personal debt in the United States was just over the 3 trillion dollar mark, but today it has surpassed…

“The Cartel Has Completely Devastated The Metals Market… Causing Serious Problems In Other Minerals Outside Of Precious Metals”

With the world seemingly in economic and geo-political shambles, those concerned with the real possibility of collapse continue to position themselves in precious metals. As highlighted by SGT Report in the five-minute metals update below, physical acquisition of gold and…

Would You Like To Steal 128 Million Dollars?

What would you do with 128 million dollars?  Many people like to daydream about winning the lottery, and I have to admit that when I was much younger I would do the same thing.  If you were suddenly…

The Visa Cashless Challenge: Visa Offers Restaurants Up to $500,000 to Go “100% Cashless”

The push toward a cashless society is becoming more of a shove.  Before today I had never heard of “The Visa Cashless Challenge”, but after reading about it I have to say that I am quite alarmed.  Visa is…

India Removes 220 Tons of Physical Gold

We recently reported how the people of India has swallowed a massive 1,473 tons of silver in the month of May 2017. Not only was this one of the largest months for Indian silver imports it was more ounces of…

America’s Disneyland Economy

Disneyland is known as a place “where dreams come true” and where every story always has a happy ending.  But there is going to be no happy ending for the U.S. economy.  Wishful thinking has resulted in one of…

Dear Millennials: You Will Be Wiped Out In The Next Stock Market Crash

It should be well known by now that the Millennial generation was screwed over by factors outside of their control. They were raised by coddling parents, taught from a young age to take on crippling student loans for…

Real Physical Gold vs Manipulated Paper Gold

Long-time readers of The Daily Coin may remember we interviewed Peter Boehringer, the architect for the German Gold Repatriation Movement. Peter has been skeptical of the information provided by the Bundesbank since day one. Bundesbank, Germany’s Central Bank, has…

Middle Class Is Dying: Number Of Americans That Can’t Afford Their Own Homes Has More Than Doubled

Have you lost your spot in the middle class yet?  For years I have been documenting all of the numbers that show that the middle class in America has been steadily shrinking, and we just got another one.  According…

7 Fast Facts About the Economic Collapse of Illinois

The state of Illinois is in big trouble. In fact, they’re facing an economic collapse. Some pundits are calling them “The Venezuela of the United States.” They owe $14,711,351,943.90 in overdue bills. This does not count their day-to-day operating…

Illinois Economic Collapse Is Near, Two Other States Will Follow In It’s Footsteps

The mismanagement of Illinois by government bureaucrats and politicians have plunged the state into a dire economic abyss. But SGTReport is predicting that other states will fall just as quickly, and you won’t be surprised in the least when your hear which ones…

The World Is Now $217,000,000,000,000 In Debt And The Global Elite Like It That Way

The borrower is the servant of the lender, and through the mechanism of government debt virtually the entire planet has become the servants of the global money changers.  Politicians love to borrow money, but over time government debt…

Yellen: No New Financial Crisis ‘In Our Lifetimes’ – BIS: Could Soon Hit ‘With A Vengeance’

Federal Reserve Chair Janet Yellen is quite convinced that the United States will not experience another financial crisis for a very long time to come.  In fact, she is publicly saying that she does not believe that another…

Here’s Why Cheap Gas Prices May Actually Be a Very BAD Sign for the Economy

If you’ve been to the gas station lately, you probably just about turned cartwheels. I know that my last fill-up was almost $15 less than it was a few months ago, which goes along with a recent report…

Peter Schiff Warns: “They’re Not Afraid Of Collapsing The Bubble On Trump’s Watch”

Investors like Peter Schiff have been predicting the collapse of the American economy for a long time, and for good reason. If an economy is built on a foundation of borrowed money, then that economy is living on…

69 Percent Of Americans Do Not Have An Adequate Emergency Funds

Do you have an emergency fund?  If you even have one penny in emergency savings, you are already ahead of about one-fourth of the country.  I write about this stuff all the time, but it always astounds me…

The Worst Financial Nightmare In Illinois History Erupts As State Comptroller Declares ‘We Are In Massive Crisis Mode’

Margaret Thatcher once said that the big problem with socialist governments is that “they always run out of other people’s money”, and unfortunately we are witnessing this play out in a major way in the state of Illinois…