Is Gold Overpriced or Can Its Price Go Even Higher?
This question has been at the center of a great many conversations I’ve been recently having with clients and friends.
This question has been at the center of a great many conversations I’ve been recently having with clients and friends.
Contrary to popular opinion, bank capital is not a reserve to cover potential losses. In fact, even the ill-fated Silicon Valley Bank had adequate bank capital before it collapsed.
On this day ninety-one years ago President Franklin D. Roosevelt via executive order seized gold legally held by Americans, criminalizing the use of sound money. Our economy and our nation has never recovered from this act.
Responding to an overwhelming groundswell of grassroots pressure, Gov.
Texas and Ohio have previously acquired gold. Meanwhile, legislation like HB 348 is under consideration right now in Missouri, Tennessee, Idaho, and West Virginia.
In his recent State of the Union speech, President Biden called out private enterprise for what he calls “shrinkflation” and “greedflation.” If he wishes to know who is responsible for this phenomenon, he should look in the mirror.
Nearly two decades ago, Congressman Ron Paul identified his campaign with the call to "audit the Fed." Congress ignored him then, but the movement to examine and demystify the Fed now is growing.
Some economists believe that the balance of payments is what determines currency exchange rates. In fact, exchange rates are always about the purchasing power of some currencies relative to others.