The Return of the ‘Barbarous Relic’: Gold Becomes the World’s No. 2 Reserve Asset
Gold has quietly overtaken the euro to become the second-largest component of global foreign exchange reserves. While the US dollar and US Treasuries still…
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The Fed’s Pivot: The Return of Easy Money and the Inflation Storm Ahead
Jerome Powell, the Fed’s chairman, recently gave the clearest signal yet that the Federal Reserve’s so-called “quantitative tightening” is about to end. Speaking at…
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Doug Casey on the Global Push for a Digital ID—and Its Threat to Freedom
International Man: Recently, the State Bank of Vietnam deactivated more than 86 million bank accounts as part of its shift toward a new national…
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America’s Sixth Default Is Coming—What It Means for Gold and Your Wealth
Every time the US government has faced an existential financial crisis in its history, it has chosen to change the rules rather than honor…
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David Stockman on How the Fed’s Money Printing Broke American Industry—and What Comes Next
You can bet the 12 purported geniuses on the FOMC have never looked at the graph below. It shows that for all their wild-ass…
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Rulers Seek to Rule
Rulers seek to rule. Well, that seems a bit obvious, doesn’t it? And yet, time after time, we elect new leaders, imagining that, “This…
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The AI Bubble: How Hype, Debt, and Scale Are Building the Next Systemic Shock
Let’s briefly touch on risk. There are different types of risks, and I like to say that risk CANNOT be eliminated — only managed….
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Welcome to the Warfare State
War is one of the few things that only the State can do. Indeed, as Randolph Bourne said, “War is the health of the…
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The Big Lie: America Has Defaulted on Its Debt FIVE Times—And a SIXTH May Be Imminent
“Since 1789, the United States has paid all of our bills on time,” said former Treasury Secretary Janet Yellen. “In our history, we have…
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Where Not to Be in a Crisis
For many years, there have been those who have been prognosticating an economic crisis – not just a recession lasting a year or two,…