Asset price inflation is the cause of wealth disparity between between the top 1% and the bottom 50%. The more they have, the more they get. The bottom 50% don’t have anything and need not apply...

Here's a definition of precisely what constitutes a melt-up: “A melt-up is a sustained and often unexpected improvement in the investment performance of an asset or asset class, driven partly by a stampede of investors who don’t want to miss out on its rise, rather than by fundamental improvements in the economy.“

Martin Armstrong maintains that “Gold should theoretically sell for $25,000 a troy ounce, given the monetary prolificacy since 1980”in reference to the ever soaring $3.3 Trillion U.S. budget this year, alone. 

I believe that we are at the end of a very major economic cycle. Not only are markets insane, but so are deficits, debts and currency debasements but also moral and ethical values have now vanished into thin air and been replaced by lies, deceit and the golden calf. We are now in a very critical period for the world since excesses of the magnitude we are now seeing must be corrected... and the corrections will be of a similar magnitude to the rise but happen much quicker. We are talking about falls of 90% or more in all major asset and debt markets. [Let me explain.]

Taxes provide 50% or more of government funds in almost every country in the world and using a tax-to-GDP ratio is one of the more useful ways to compare tax systems around the world and this article does just that.

This article compares the returns of gold stocks and gold bullion in bull markets and explains how gold stocks outperform thanks to profit expansion, and shows why there might be more upside for gold miners to come.

14 countries make up 93.5% of the proven oil reserves globally each with at least 1% share. Here are those countries.

The graphic below...provides a visual overview of the major sectors that make up the multi-billion dollar psychedelics industry, as well as some of the most active companies that operate within each of them.

GDP per capita is one of the best measures of a country’s wealth as it provides an understanding of how each country’s citizens live on average, showing a representation of the quantity of goods and services created per person. This article identifies the GDP per capita (nominal) of nearly every country and territory in the world.

Debt has risen on all fronts to unprecedented levels...and now accounts for $52 trillion in the USA of which American household indebtedness amounted to an average of $118,000 per household in 2020. That’s a big bill to pay. Here’s how the various forms of U.S. household debt compare...