So, please, DO NOT despair and go away thinking that price cannot rise simply due to the dominant position of the bullion banks in the current digital derivative and fractional reserve pricing scheme.
“Earnings are the mother’s milk of stock prices.” Earnings are what drive stock prices. And, this week, we're going to enquire as to the absolute truth of this commonly held belief.
Few people today would bother to pick up a penny laying on the ground. It currently costs the government more than 2.5 cents to produce a penny. The cent simply makes no economic sense.
Investors who still think that Bitcoin and other cryptocurrencies can make them rich are fooling themselves. Once governments are fully in control, it will no longer be a free market.
Domestic credit appears to be drying-up. Auto repos are increasing. Corporate debt bubble and related defaults. Bank crisis in the EU? Economic crisis requires leadership.
As gold bulls defend the key $2,000 level, sound money proponents are scoring big wins in state legislatures. Arkansas governor recently signed the Legal Tender Act ...
We should first ask why the Federal Reserve (or any other central bank) is even necessary. Answering that leads quickly to much deeper questions, like what is “money”...
