The volatile ups and downs in the market prices of precious metals read like a soap opera. It begins with the Federal Reserve—they confirmed they had every intention of continuing quantitative easing for the foreseeable future (to the point that ...
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Texas Called …. They Want Their Gold Back
Texas called … they want their gold back. Governor Rick Perry is a staunch supporter of a piece of legislation which would bring the state’s $1 billion in gold reserves back to Texas. Republican State Representative Giovanni Capriglione sponsored the ...
Read More »Is There No Return From the Fiscal Cliff?
The mounting debt problem has become a serious issue for the United States due to a decade of irresponsible spending, lack of revenue and assuming too much of corporate and private sector debt. Corporate bailouts, economic stimulus packages, reckless spending, ...
Read More »The Federal Reserve’s Possessive Tyrannical Grip On Our Country
In Article 1, Section 8 of the United States Constitution, our founding fathers gave Congress the sole authority “To coin money [and] regulate the value thereof.” In addition, in Section 10 of Article 1, they also proclaimed that “No state ...
Read More »Are We Fed up With the Fed Yet?
By Mary Q. Contrary I am an ordinary American citizen and I am truly concerned for America’s future. There are so many current events we can discuss and debate, but I’m concerned about an event that happened over one hundred years ...
Read More »The Tea Party and the Fed Will Arm Wrestle for the Upper Hand
The future of our economy is in the hands of those who played a large role in causing it to unravel. The Federal Reserve tripled our money supply from $830 billion to $2.5 trillion with the first round of quantitative ...
Read More »Why Monetizing Debt Leads To Higher Precious Metals Prices
The announcement that the Federal Reserve would be monetizing some $600 billion dollars of U.S. debt was met with joy by some and dismay by others. On both sides of the equation, there were many who felt that the full ...
Read More »What More Dollars In The Economy Means For You
It is official – quantitative easing round two is coming to the economy near you. Often referred as QE2 in the popular press, the point of QE2 is the same as QE1′s open goal of putting more money into the ...
Read More »The Power Grid Will be Unplugged in Three Years or Less
Like a fine wine slowly degenerating into vinegar, the world’s reserve currency is disintegrating into worthless paper—and it’s going to take our power grid down with it. The U.S. dollar is not only the victim of a severe global financial ...
Read More »Understanding the Double-Dip Recession
The mainstream media is rejoicing in the gains the stock market has experienced this year and have joined the government bureaucrats in proclaiming that the economic crisis is largely past us. However, the analysts who accurately predicted the debt crisis ...
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