Why doesn’t economic stability last? Why does cautious optimism inevitably lead to “irrational exuberance,” an unsustainable boom and an economic crash? Phillip Patrick explains Hyman Minsky’s financial instability hypothesis, and evaluates just how close we are to a Minsky moment…

Gold’s investment potential remains healthy, with plenty of potential to grow, according to one market strategist. So why doesn’t everyone diversify their savings with gold? Turns out, it’s simply a matter of education…

You may be hearing a lot of talk about a new BRICS currency or even some mysterious unknown currency called “R5”.  Well, these are both one and the same, so if you’re wondering what R5 currency is (and where to get some), well it’s still a hypothetical currency in some nebulous degree of development.  Technically speaking,... View Article

Paul Krugman might be the most well-known economist in the U.S. He’s often heralded by corporate media talking heads as one of the best and brightest in the economic field. So why is Krugman trying to gaslight us into believing inflation is all in our heads?

The FOMC’s September meeting resulted in no further interest rate hikes. Inflation is still well over the Fed’s target – which means American households will continue paying the price. Here’s how much it’s costing you…

Insatiable demand from central banks and individuals has driven gold to all-time highs in a number of nations around the world. The curious case of Shanghai’s record premiums for physical gold may tell us what happens to gold’s price when demand far outstrips supply…

Inflation blazed white-hot for a while, then the Fed put it out. Right? Almost – in fact, inflation has been smoldering ever since, hotter in certain pockets of the economy. Here’s where the flames are breaking out again…

Safe, boring savings accounts are yielding 5%+ today – a 15-year high, handily beating inflation. So are savings accounts the best home for your rainy-day fund? Let’s unpack the risks and rewards of today’s savings accounts…

JP Morgan issued a startling gold market analysis recently. Between public and private demand (from central banks and everyday investors respectively), gold buying is at the highest levels in over a decade. Here’s what’s driving today’s gold rush…

At the annual Jackson Hole summit of world central bankers, not even the sharpest bureaucrats were able to understand the basic economic principles that have led to our current situation. They really are just making it up as they go along…