Archive: Facts and Research
In this article, we’re going to take a different approach to gold. In the past I’ve written about the history of gold, all about the price of gold, all about gold as an inflation hedge, a recession hedge, and a type of investment insurance. I’ve written about why everyone should own gold, why it’s a [...]
What we have done to future generations over the past 30 years is absolutely criminal. 30 years ago the U.S. national debt was a bit under one trillion dollars, and at that time it was considered a huge national crisis. Today, the national debt is 14 times larger and the years ahead look absolutely apocalyptic [...]
On April 05, 1933, U.S. President Franklin D. Roosevelt signed Executive Order 6102. This law forbade U.S. citizens from “hoarding” gold certificates, gold bullion, and gold coins. Under the order, U.S. citizens were required to deliver all but a small portion of these items to the Federal Reserve before May 01, 1933. In exchange, these [...]
Inflation is absolutely unavoidable. The Federal Reserve has essentially given up using any tool but the printing press over the last few months, including an announcement that it’s ‘buying’ $600 billion worth of US debt. That’s a clever way of saying, “We’re going to print over half a trillion in brand new money.” Inflation is [...]
When it comes to economics, there are many schools of thought. The Chicago School was named as such based on its strong focus around University of Chicago faculty who developed and made it popular during the 1970s and 80s. It is a neoclassical line of thinking held by academic economists. The Chicago School supports regulation [...]