Yes, We Can Trust the Fed. To Keep Devaluing Our Money
As Congress finally came to an agreement recently to temporarily lift the debt ceiling, investors breathed a sigh of relief. The stock market bounced and commodity indexes ran up to new multi-year highs. Precious metals markets, meanwhile, staged modest advances after...
Will the U.S. Currency Regime Fall Next?
Afghanistan has fallen. The U.S. government’s nearly two-decade-long, multi-trillion-dollar “nation-building” effort in the troubled, tribal country may now have nothing to show for itself. “President Joe Biden and other top U.S. officials have been stunned by the...
Has the Fed Let the Inflation Genie Out of the Bottle?
The dramatic ascent of precious metals markets this summer reflects what could be just the start of a longer-term decline and fall in the Federal Reserve note’s value and status. With gold prices surpassing $2,000 per ounce recently, the monetary metal has now...