Today’s monetary system, combined with fractional reserve banking, has a lot of risks. It is vulnerable to bank runs, inflation, and economic bubbles, to name just a few, yet those risks remain invisible to the majority of people. This article provides links to a video and an extended report that provide insights into the question as to why today's paper based money system is doomed to fail and how you can protect against such a collapse.
Read More »A Return to the Gold Standard Has Major Shortcomings – Here’s Why (+4K Views)
World Bank president Robert Zoellick has stirred up a hornet's nest with his recent call for a return to a gold anchor in the global financial system. The usual suspects immediately denounced him - Keynesian Brad DeLong has [gone so far as to] anoint Zoellick the "Stupidest Man Alive" - [and I would like to add my voice to the chorus by explaining] the dangers of Zoellick's gold proposal, and why fans of the classical gold standard should be wary. Words: 1708
Read More »A Perspective On the World’s Most Famous Hyperinflation Event (+4K Views)
The Great War ended on November 11th, 1918, when the signed armistice came into effect, but the peace agreement lead to additional destruction - the destruction of wealth and savings - in the form of an hyperinflation event in Germany from 1921 and 1924 that caused millions of people to have their savings erased.
Read More »Understanding Deflation: Bring It On! Here’s Why (+3K Views)
There are two problems with understanding deflation: it is ill defined, and it has a bad name. This article puts deflation into its proper context.
Read More »Hyperinflation Is A Process & It’s Unfolding As Expected (+5K Views)
Hyperinflation is a process clearly defined in history and we are fully entrenched in that process. As much as we enjoy the idea of a free lunch there is no such thing so we will all, eventually, have to pay the piper. Let me explain.
Read More »Is There a Viable Alternative to the Dollar as the Reserve Currency? (+9K Views)
Within the recent retracement of the U.S. currency there has been endless speculation about the future role of the dollar as the world’s primary reserve currency. Moreover, there has even been conjecture that the dollar will no longer exist at some point in the near future but any case made for the vulnerability of the dollar falls short when it comes to naming alternatives. Words: 631
Read More »6 Symptoms That Would Indicate An Economic Collapse Is Imminent (+4K Views)
The great majority of people, who have already seen the first half of the Great Unravelling come to pass, still somehow cannot imagine the second half—the more disastrous half—as being in any way possible. [Here’s a heads up on] what that collapse will look like as it unfolds – and what the symptoms be.
Read More »Systemic Risk Coming Within 5 Years – Here’s How To Protect Your ASSets (+3K Views)
A major fund manager has warned investors and savers to have an allocation to “physical cash,” “including gold & silver” to protect against “systemic risk” which he foresees as likely to happen in “the next five years rather than ten”.
Read More »Noonan on: What Is “Money”? What It Is Not! (+3K Views)
While money makes the world go around, very, very few people understand what money is and what money is not, and that is purposeful on the part of the elites and every government. This article explains why that is the case and why there is such confusion around such an understanding of the facts.
Read More »Fixed or Adjustable Mortgage? The Pros & Cons of Each
Home loans fall into two camps: fixed or adjustable mortgage rates. This article weighs the pros and cons.
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