Some gold investors might be tempted to rebalance their savings out of precious metals and into flashier, paper assets. However, Wall Street stock brokers coined this advice and have repeated it for decades: "Put 10% of your portfolio in gold and hope it doesn't go up." Here's the basis for that bit of wisdom...
Every stock market bubble is fueled by irrational optimism, blind hope, and a defiance of mathematics. We've seen it happen over and over. When the bubble pops, the prudent are already on their way out the door. Here's how to avoid the brawl at the exit…
The official U.S. inflation rate remained at its 13-year high in July. That's cranking up the pressure on Social Security, not just to match the cost of living increase, but to stay solvent. Cost of living adjustments help preserve buying power against inflation. But they're not a raise - here's why…
Most Americans think Nixon's 1971 decision to "close the gold window" took America off the gold standard. In truth, the U.S. dollar was weakening long before that. We can determine why by analyzing the changing specifics of the tether between gold and the dollar…
Social Security is under incredible pressure, and so are millions of American elders who can barely make ends meet. We don't expect the program to magically become solvent. So instead of hoping for a solution, we discuss a Plan B…
Remember how Fed Chairman Jerome Powell said inflation had been too low for too long? And the Fed wanted to stimulate some "transitory," "healthy" inflation? A peek at the shocking state of the government's balance sheet explains why Powell is letting inflation win…
Excessively high inflation seems like it’s here to stay. Some voices have given up on condemning inflation, and instead have chosen to welcome its benefits, like bigger paychecks for workers! Here’s why that’s utterly absurd...
The non-partisan CBO predicts the Treasury will run out of cash within 90 days, and Congress isn't even debating the issue yet: Spend into complete bankruptcy, or default and crush the global economy? Instead of panicking, here's what we can do…
The mainstream media and the Biden Administration have gone from suggesting that Covid vaccinations would “not be mandated” to saying they “should be mandated.” Brandon Smith of Alt-Market.us points out several very uncomfortable consequences may be on the way for the economy and our nation as a whole…
Credit Suisse's commodity analysts make a compelling case for a short-term rise in gold price. Consider yields on Treasury bonds and inflation-linked bonds: Last year, when after-inflation interest rates were this low, gold was trading at $2,000 an ounce…