Murphy notes gold's recent breakout and suggests that silver, despite being held back at $30 for four years, is poised for significant gains once it breaks through.
I’m so bearish on the prospects of the current world order. There are decades-long distortions in the economy that have to be liquidated. The whole legal system is rotten to the core.
Chinese investors are following the lead of their central bank, which has been gobbling up gold for 16 straight months, adding over 300 tons to its stash.
Sponsor Sen. Ben Hansen says, "Saving and using gold and silver is our right and one of the only checks and balances to our federal government's unending devaluation of our paper currency. ”
As Maharrey succinctly put it, "When you print a whole bunch of money and throw a whole bunch of money into the economy...you're going to have a general rise in prices across the board."
The founders recognized the "evils" of paper money and they knew that if the U.S. went down the paper money path, it would cause all kinds of problems.
Slower growth might seem like the recipe for rate cuts, but the '70s that Dimon talks about show us that the Fed raises rates without mercy when in a stagflationary situation.
Speaker Johnson allowed another $100 billion we don't have to be handed over to Ukraine, and pushed forward presidential power to shut down websites by labeling them “foreign adversary controlled.”
