Money Is A Creature Of Law
An interesting theory emerges when analyzing the cryptocurrency market. Cryptocurrency is the newest financial phenomenon, and the reason for this is the failure of the fiat system. Throughout history, politica...
Overstock Believes In Alternative Currencies
Overstock.com is one of the few companies in recent memory who understand the debt-based model and the risk associated with it. Long ago, they began accepting various types of currency for their products and di...
Even The Fed Believes In Bitcoin
In a story that broke in January, a Federal Reserve Board of Directors employee was fined for mining Bitcoin on a server owned by the central bank. Nicholas Berthaume, was a communications analyst for the ...
S and P 500 Companies Severely Underfunded
As stated numerous times before, the global debt-to-GDP ratio is more than 300%. The Keynesian experiment to create inflation is failing if you look at official CPI numbers. In the real economy and using pre-19...
Inflation and Prices
Why do we have inflation and deflation? Why do we need to have such a paradigm in modern financial markets? Inflation is a term associated with a growing economy and rising prices. Central banks mandate a 2%...
Black Gold is Cheap, and the Consumer Isn’t Driving Gas Prices This Summer
For as long as I can recall (and that’s too long), when summer driving season approached with the expectation of swimming at a beach, the mountain retreat, or taking a cross-country trip to Uncle Joe’s, the pri...
The Retirement Implosion Reality
Truly Free Yourself This Independence Day
Dear Reader,
People need to wake up...
Since WW2, there has been an endless promise of money that is to be paid back. It’s dependent on future generations and asse...
Global Debt-To-GDP is Now 327%
In a new Q1 report from the Institute of International Finance, they report a stunning new development: global debt is at an unsustainable level. I know the lead into the punch-line was suspenseful, but all jok...
Why Gold Is A Must In A Pension Scheme
As the debt bubble grows exponentially worse, more attention is being placed on pensions. Pension funds are severely underperforming and fighting to stay liquid as this monetary experiment continues. Historical...
100-Year Bonds, Really!? 007 Only Survived 21.
Diamonds and gold do last forever, but fiat currency -- and even 007 -- don’t. Sean Connery played the original James Bond role on the silver screen from 1962 to 1983. The launch of the James Bond film series...