Identity politics are the core of every totalitarian state. Identity politics were the beating heart of Nazism, and the core strategy of the USSR’s liquidation of kulaks and other groups identified as enemies of the state. Identity politics eliminate the…
Silver surged 3.5% yesterday rising 65 cents and closing at $20.04/oz and gold rose by 2% or by $23 to close at $1,348.80/oz after poor economic data in the U.S. underlined deepening concerns about the economic and indeed the monetary outlook.…
We discuss the new m-SDR and ask will the dollar live to die another day? And are SDRs forever? As the G20 in China concludes, we ask whether the new Special Drawing Right is the first step toward one world…
China’s state social security system is trying to leverage blockchain technology in the maintenance of the funds. According to state-run newspaper China Daily, Wang Zhongmin, the National Council for Social Security Fund’s vice chairman said that the office is experimenting with…
If asked what’s intrinsic to human happiness, most people in consumer societies will offer up answers such as money, status, a nice house, etc. But as Sebastian Junger observes in his book Tribe: On Homecoming and Belonging, what’s actually intrinsic…
One of the more disturbing revelations of this year’s U.S. presidential election, has been Hillary Clinton’s compulsive propensity to hide all sorts of things from the American public. While I appreciate one’s right to privacy as much as the next…
Ireland remains especially exposed to another financial shock because of the extremely high levels of public and private debt, the open nature of the economy, and Brexit, Irish Central Bank Governor Philip Lane has warned in a pre-budget letter to Minister…
Let’s honor Labor Day by reviewing what’s happened to wage-earners in the eight years since central banks “saved the financial system” with free money for financiers: wage-earners have taken a beating and been dumped in a ditch.It’s really very simple:…
By its actions, the Federal Reserve has selected a precious few winners and many, many losers. Sadly, you are highly likely to be one of the losers. But the previously-bulletproof faith in the Federal Reserve is quickly eroding. As with…
Members of the G20 countries are meeting in China this week with an expressed goal of “fighting anti-globalism sentiments”. You see, the global elites are rewriting the rules of the economy to help usher in a new world order that,…
The debacle involving Deutsche Bank’s failure to deliver physical gold from the Xetra-Gold exchange traded commodity (ETC) continued on Friday after a press release from Deutsche Bank. Zero Hedge covered the “non-response” from the beleaguered German bank over the weekend: And so another…
Jim Willie Issues A Crucial Market Update: A Systemic Lehman Event is IN PROGRESS, the Chinese are Ready to Launch a Gold-Backed Yuan, and The Bond Market Is About to BLOW. We’re About to See A Run On Treasury Bonds… Click Here For…
We discuss all that was won by simple sleight of monetary hand. We also discuss Scotland’s collapsing North Sea oil revenues and whether or not China can help them. In the second half, Max interviews David Low about Scotcoin and…
We discuss the mega week in the news: from Apple’s mega tax bill to Trump’s ‘yuuuge’ visit to Mexico. We also discuss Mark Carney’s warning about “dishonest bankers” and their “misconduct” threatening another mega disaster in the financial markets. In…
Expert Analyst David Morgan Joined the Show Friday, Discussing: Friday is Just the Beginning: It’s Gonna Be EXPLOSIVE In the 4th Quarter! Gigantic Tidal Wave of Managed Money is Beginning to Sniff Around Gold and Silver Why David Morgan Thinks This…