President Trump has indicated that a recession could be coming and the pundits are playing the blame game. Don‘t look to anyone in Washington for a coherent explanation for the downturn, however. Look to the Austrians instead.
Does the US government need a gold reserve? No, it doesn't. The government's gold is basically an emergency slush fund for elites to use to preserve their political power.
Is "extractive" always a dirty word? While mining and energy fuel civilization, modern environmentalism has reshaped public perception—and the economy. What happens when ideology clashes with reality?
Should we audit the US gold hoard? First, let's take a look at what the official numbers say about how big the US gold reserve is, where it is located, and how much it is worth in US dollars.
The implementation of Central Bank Digital Currencies isn‘t just about money. It also is about personal freedom and how CBDCs give the government enormous powers over individuals.
Can Donald Trump and Elon Musk actually change the direction of government growth and spending? The proverbial Overton Window does not stay open very long.
The gold in the US gold reserve is a legacy of the time the US government refused to keep its promise to redeem dollars in gold, and when it reneged on its legal obligations to repay debts in gold.
The world‘s trading systems are broken, thanks to fiat currencies and the reckless deficit spending by the US government. There is a way out; it is called settling accounts in gold, which would force fiscal sanity once more.
Thus far, DOGE has introduced the American public to countless examples of wasteful spending. Unsurprisingly, the benefactors of the system see this as a great injustice.
Despite the government‘s efforts to prop up real estate prices, the markets are having the last word. Commercial real estate is especially vulnerable to the latest trends.
