"We Track the Financial Collapse For You, so You'll Thrive and Profit, In Spite of It... "

Fortunes will soon be made (and saved). Subscribe for free now. Get our vital, dispatches on gold, silver and sound-money delivered to your email inbox daily.

This field is for validation purposes and should be left unchanged.

Safeguard your financial future. Get our crucial, daily updates.

"We Track the Financial Collapse For You,
so You'll Thrive and Profit, In Spite of It... "

Fortunes will soon be made (and saved). Subscribe for free now. Get our vital, dispatches on gold, silver and sound-money delivered to your email inbox daily.

This field is for validation purposes and should be left unchanged.

Top Three Videos – May 3, 2024

► Searching for the Best Gold IRA Company?
This is a MUST-Read...

Thomas J. DiLorenzo: How Court Historians Turn Political Villains into Heroes (May 2, 2024)

Mises Media...

Summary

 

Court historians have manipulated the historical narrative to turn political villains like Alexander Hamilton, Henry Clay, and Lincoln into heroes, portraying their harmful ideas as saintly and creating a favorable historical narrative.

 

  • Court historians have turned political villains like Alexander Hamilton, Henry Clay, and Lincoln into saints or even deities.
  • Court historians turn political villains into heroes by portraying their awful ideas as saintly, making unlimited government seem like a good thing.
  • The debate between Hamilton and Jefferson over the central bank reveals the conflicting interpretations of the Constitution and the concept of implied powers.
  • Hamilton championed 17th century mercantilism as his economic policy, calling it the “American system” despite it being British mercantilism run by Americans.
  • Alexander Hamilton perverted the Commerce Clause of the Constitution to give the government almost unlimited power to regulate almost anything.
  • “He made an impassioned speech against continuing slave importations well. The economics of that is that Henry Clay owned hundreds of slaves.”
  • Lincoln is portrayed as the hero who turned villains into heroes, creating a favorable historical narrative.
  • Lincoln’s actions resulted in the death of at least 50,000 civilians during the Civil War, equivalent to 500,000 in today’s population.

Alasdair Macleod: Another Bank Failure; Crisis About To Get MUCH WORSE (May 2, 2024)...

Liberty and Finance...

Summary

 

The global financial landscape is undergoing a significant shift, with rising interest rates, decreasing dollar holdings by China, and increasing gold purchases indicating potential crisis and a debt trap for the US government.

 

Global Shifts in Financial Landscape

 
  • The fear of hyperinflation in the markets until interest rates were raised to close to 20% by Paul Volker in the 1970s.
  • The increase in Chinese buying of physical gold, including by the central bank, indicates a fundamental shift in the fear about the future of credit, not just interest rates or exchange rates.
  • The largest single identifiable buyer of US treasuries, the Chinese government, is reducing their dollar holdings, adding another dimension to the dollar problem.
  • It is extraordinary to this generation of investors to see Bond deals Rising, the Dollar Rising, and gold Rising all at the same time, signaling a significant shift in the financial landscape.
  • The process effectively shook out an awful lot of physical gold, leading to a crisis in the banking sector.
  • Russia has shifted to anti-western currencies and ramped up gold production in response to sanctions and the West’s actions.
  • The Chinese government holds the largest amount of US treasury debt, signaling their approach to the dollar and impacting global finance.
  • My mission is to educate and to make sure people actually do understand what’s going on with this very dangerous world.
     

Impact of Government Debt and Monetary Policy

 
  • The US government’s debt to GDP ratio is at 125-130%, and with rising interest rates, the debt trap is being sprung on the government.
  • Central bankers are in a difficult position, unable to persuade their political masters to do the right thing, leading to fiscal laxity and potential crisis.
  • The US is in a debt trap, and no amount of posturing is going to undo that, it’s a matter of mathematics and natural consequences.

 

Dave Skarica: Debt Monetization & Recession is Perfect Scenario for Gold & Silver (April 30, 2024)...

The Daily Gold...

Summary

 

The potential for recession, debt monetization, and inflation create a perfect scenario for investing in gold and silver.

 

Potential impact on gold and precious metals market

 
  • Gold and precious metals are likely to lead the way out of a stock market downturn, with a potential quick recovery.
  • Monetizing the debt could lead to a significant increase in the value of gold and silver, presenting an opportunity for investors.
  • This is kind of the end game where they just pushed these debts up, indicating a perfect scenario for gold and silver.
  • “If you get a cyclical bare market you know in a real recession like I mean those two pillars. That’s what that to me is what could make gold go vertical in the next couple years.”
  • Harry Brown’s asset allocation model from the 70s included putting a fifth of your money in Gold, which has historically provided 6 to 8% returns annually.
  • Gold may see a significant increase in value, while US Treasury bonds may drop in price, making gold a more attractive investment option.
  • The 2011 gold rally lasted for 10 years, indicating the potential for a long-term upward trend in the current market cycle.
     

Economic implications of debt monetization and recession

 
  • The difference between the 70s and now lies in the dependency on asset price bubbles, which could have implications for the economy’s response to stagflation.
  • “It’s really unavoidable at this point that we’re basically going to have to monetize the debt like Japan has been doing.”
  • The potential impact of the US being almost insolvent as the reserve currency on the macro scenario is unprecedented and uncertain.
  • The monetary problems are going to get worse because the baby boomers are all retiring, setting up for a 10-year cycle of economic challenges.
  • The combination of the 70s and 2000s, along with the added factor of debt problems, creates uncertainty about the future of world Reserve currencies.
  • “They’re going to lie about inflation… It’s probably double that right and when it was up to eight it was probably 15.”

 

Twitter
© Bombthrower Media™ Contact Us | Privacy Policy The information contained within IS NOT investment advice. Do your
own research and make your own decisions.We may not always agree with the opinions of our contributors.

Contact Us

Send Us Your Video Links

Send us a message.
We value your feedback,
questions and advice.

We Track the Dollar Collapse For You!

Cut through the clutter and mainstream media noise. Get free, concise dispatches on vital news, videos and opinions. Delivered to Your email inbox daily. You’ll never miss a critical story, guaranteed.

No thanks, back to the page.
Privacy Policy

This field is for validation purposes and should be left unchanged.