News & Events
February 10, 2021 Expect the National Debt to Double Under Biden and HarrisThe pandemic has led to many changes in the United States, including a new presidency. Under Biden and Harris, US citizens can expect the national debt to double, inflation to rise, and economic problems to continue. The Democrats tend to prefer throwing money at problems instead of finding lasting solutions. Free government handouts come with […]
Read More February 02, 2021 Biden Reverses Trumps $27.4 Billion Cut to Wasteful Government SpendingOn January 14th, President Trump notified Congress that he planned to block $27.4 billion in federal funding from the coronavirus relief bill that he deemed wasteful. The funds were earmarked for 28 different federal agencies including the Treasury, Departments of Agriculture, Education, and Commerce. Trump supported the overall bill but stated, “I will sign the […]
Read More November 23, 2020 Trump’s Pro-Gold Fed Nominee Blocked by SenatePresident Trump’s Federal Reserve Board nomination Judy Shelton has been effectively blocked. The 47-50 vote was swayed in the Democrats favour as Republicans Mitt Romney and Susan Maine joined the left and voted against the nomination. The vote was cast as two of Sheltons supporters, Republicans Rick Scott and Chuck Grassley were absent and thus […]
Read More July 28, 2020 Silver Up 100% Since Bottoming Out in AprilSilver has been on an absolute tear since bottoming out at $12 in April. In fact, it’s up over 100% since then. Fears of rampant inflation and an explosion of government debt are the primary drivers of silver’s meteoric rise as both the US and European Union have spent over 9 trillion trying to combat […]
Read More July 27, 2020 Gold Makes History and Blows Past Its All Time High of $1,900As the world struggles with the seemingly never-ending coronavirus and its economic impact, gold has exploded higher. Gold has blown past its historical high of $1,900 set in 2011, with many experts predicting $2,000 by the end of the year. According to Gavin Wendt, senior resource analyst at MineLife Pty, “Strong gains are inevitable as […]
Read More July 13, 2020 Will COMEX Change The Rules Again To Surpress Gold Price?COMEX is the primary clearinghouse for the futures and options markets for gold, silver and copper. In 1975, shortly after Americans were allowed to own gold again, the COMEX began trading gold futures contracts with the specific intent of “managing” the price of gold. And within just a year and a half, toward the end […]
Read More April 24, 2020 BofA says gold to hit $3,000 Within 18 months“Too Big to Fail” Bank of America shocked the financial media this week by calling for $3,000 gold within 18 months. That’s a whopping 74% increase above today’s prices. In their report titled the “Fed Can’t Print Gold” they also went on to say that gold is the “Ultimate Store of Value”. Gold has already […]
Read More March 24, 2020 US Unemployment To Skyrocket To 30%In an interview with Bloomberg yesterday, James Bullard, the president of the St. Louis branch of the Fed, predicted unemployment to hit 30% in the second quarter. To put that in perspective, unemployment after the Great Recession peaked at 10.2%. During the Great Depression it maxed out at 24.5%. Current unemployment is around 3%. So […]
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