“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.…

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,…

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…

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…

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…

If you’ve been following mainstream financial analysts and pundits you’d think that the U.S. economy was booming again. Prices are near all time highs, people are living in fancy homes again, everyone has a brand new car, and…

Puerto Rico has collapsed financially and has “filed for the equivalent of bankruptcy protection”.  When this was announced on Wednesday, it quickly made front page news all over the planet.  For decades, Puerto Rico has been considered to…

One sector of the economy that is acting as if we were already in the middle of a horrible recession is the auto industry.  We just got sales figures for the month of April, and every single major…

Those that were predicting that the U.S. economy would be flying high by now have been proven wrong.  U.S. GDP grew at the worst rate in three years during the first quarter of 2017, and many are wondering…

Over the past few weeks, a number of new silver coins have come online. and I wanted to bring them to your attention. If you recall at the end of 2016, I wrote several articles about the more…

Have you ever wondered how tech companies that have been losing hundreds of millions of dollars year after year can somehow be worth billions of dollars according to the stock market?  Because I run a website called “The…

There is much debate about where the U.S. economy is ultimately heading, but what everybody should be able to agree on is that economic conditions are significantly worse this year than they were last year.  It is being…

The global capacity for debt has reached its zenith. So-called developed markets and emerging markets have all reached maximum debt load. Of the all the major countries that impact the global GDP, name one that’s not fully levered…

Did you know that approximately 40 percent of all American workers have absolutely nothing saved for retirement? And did you know that pension funds in the United States are currently underfunded by about six trillion dollars? Social Security…

The march to war is deafening, but the reasons for it go beyond the elements of military conflict and political intrigue.  Underlying it all, the reasons are economic. With a nothing-doing economy that has long dragged on the…

The world is awash in crisis, with wars looming, economies crashing, and revolutions brewing. Doomsday bunkers sales are soaring and individuals from coast to coast are getting ready for whatever tomorrow may bring. Moreover, even governments like China…

When Donald Trump was elected, there was so much optimism among libertarians and conservatives, it was almost palpable. However, it’s only been several months into his first term, and it’s becoming quite apparent that Trump is no savior.…