With quickly rising debt levels in the U.S., dollar stability and America’s economy are facing an “existential threat,” warned Dr. Judy Shelton, Senior Fellow at Independent Institute and former economic advisor to President Donald Trump. She added that it is time to get back to sound money, and one historically proven option is linking gold […]
There have been 17 significant currency resets in the U.S. over its 249-year history. Among these resets, some are considered soft (gradual policy adjustments and reforms), while others are classified as hard (drastic changes, devaluations, or structural overhauls). For centuries, countries’ currencies have flowed in cycles, intertwined with debt cycles. Typically, every 50–75 years, currency
Series 1 of 3: Hard Reset Imminent — History They Don’t Teach: 17 U.S. Currency Resets Read More »
(Kitco News) – While attention is on the Federal Reserve pausing its rate-cutting cycle this week, financial analyst Lynette Zang, CEO of Zang Enterprises, is warning of a looming hyperinflationary depression, pointing to systemic issues within the global financial system. Speaking at the Vancouver Resource Investment Conference, Zang highlighted the unsustainable nature of current debt
Banks are ‘big casinos’: When the system implodes, it’ll take everything with it Read More »
In a bold move to tackle what he sees as a monumental task, Elon Musk has invited former U.S. Congressman Ron Paul to join the newly formed Department of Government Efficiency. Musk, who has been tapped by President-elect Donald Trump to lead the initiative alongside entrepreneur Vivek Ramaswamy, has stated that cutting wasteful spending is
The Government is Stacking $1 Trillion of Debt Every 100 Days What is Really Going On? U.S. Dollar Down 40% Since 2000 – Gold Up 700% The current Administration’s Neck-Breaking Spending Spree has no end in sight! The U.S. national debt has ominously soared and is shattering records with each passing quarter. Since Spring 2023,
Spotify cut 1,500 jobs – or around 17% of its employees – on Monday. CEO Daniel Ek pointed to higher debt-refinancing costs as one factor driving the layoffs. It’s a reminder of the debt-market time bomb looming for many companies, with interest rates having surged in recent years. As many as 561 US companies had
Spotify’s Layoffs Show There’s a Debt-Market Time Bomb Awaiting Many Companies Read More »
The billionaire founder of Bridgewater Associates, the world’s largest hedge fund, flagged America’s record $33 trillion of debt as “risky.” Ray Dalio is worried about America’s borrowing binge and economic growth cooling. The billionaire investor warned of a “debt crisis” and a “meaningful slowing of the economy.” Dalio has previously flagged interest rates, civil unrest,
Fed economists just rang the alarm on the historic percentage of distressed US companies. Around 37% of firms are in major trouble, which could worsen the fallout from the Fed’s rate hikes. Investment, employment, and economic activity could all take a significant hit, researchers said. (Markets Insider) Federal Reserve economists just said a historic surge
The Fed Thinks Catastrophe is Coming for US Businesses Read More »
Bank-sector stress makes a stagflationary debt crisis more likely and potentially more severe. Higher inflation would lead to higher bond yields, which in turn would hurt stocks as the discount factor for dividends rose. But, at the same time, higher yields on “safe” bonds would imply a fall in their price, too, owing to the
