The Dollar’s 70-Year Dominance Slowly Coming To An End
The US dollar hasn’t been backed by gold since 1971, but that might change soon. Republican Congressman Alex Mooney is proposing that the US once again place value on the dollar by backing it with physical gold. The problem is, the Federal Reserve has been printing money with the abandon of a drunken copy machine, and the 147.3 million ounces of gold being held in Ft. Knox may not be enough to cover the out-of-control fiat currency currently in circulation… (Continue to full article)
Rickards Warns “Don’t Wait Too Long To Leave The Party“
“…three early-warning signals of declining liquidity: Dealers are backing away from the market, private rate-to-central bank rate spreads are widening and the Fed is attempting an apples-to-oranges switch to hide lost liquidity in interbank markets.“… (Continue to full article)
US government says its budget deficit will PERMANENTLY exceed $1 trillion
Yesterday the US government’s own Congressional Budget Office (CBO) published a pretty sobering report about the state of Uncle Sam’s finances– and what the future holds… (Continue to full article)
How Tax Cuts Are Influencing Teacher Strikes
Thousands of public school teachers in Oklahoma entered the 10 th day of their strike on Wednesday, part of a wave of labor protests by educators around the country. West Virginia teachers went on… (Continue to full article)
Global Silver Scrap Supply Falls To 26-Year Low
Global silver scrap supply fell to its lowest level in 26 years. World silver recycling in 2017 dropped by nearly 50% since its peak in 2011. According to the 2018 World Silver Survey, global silver scrap supply declined to 138 million oz (Moz) compared to 261 Moz in 2011. While the lower silver price is partly responsible for the large drop in silver recycling, there are other market dynamics. Call Kettle Moraine at 623-327-1778 today and we’ll work hard to get you the most silver for the least amount of money – in the strictest of privacy. That’s 623 – 327 – 1778… (Continue to full article)
Silver Could Hit $150 A Troy Ounce
A collapse of the U.S. dollar is inevitable. The U.S. Dollar Index has been bouncing off of four-year lows for the past several weeks but this cannot last much longer with a global trade war and U.S. equity correction looming….The U.S. dollar and fiat currencies are in trouble, hinting that gold and silver prices could again go screaming higher. Call Kettle Moraine at 623-327-1778 today and we’ll work hard to get you the most silver for the least amount of money – in the strictest of privacy. That’s 623 – 327 – 1778… (Continue to full article)
Why do underwater homeowners keep paying the mortgage?
While there’s lots of evidence that most homeowners who defaulted did so because they had no other choice, the issue is still controversial… (Continue to full article)
$3 gasoline is coming soon as demand jumps and crude oil prices rise
Demand for gasoline hit a record level at 9.86 million barrels a day last week, according to government data. Prices at the pump are expected to top $3 a gallon for unleaded gasoline in many parts of the country in the next few weeks, as summer driving season approaches… (Continue to full article)
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