This short video - on the sustainability of government spending - should be watched by everyone, including those not yet old enough to vote. It should be shown in every high school and college classroom.
Read More »Search Results for: fiat
Gold:Silver Ratio Suggests MUCH Higher Price of Silver in Next Few Years (+2K Views)
The majority of analysts are now of the opinion that gold will reach a parabolic peak price somewhere in excess of $5,000 per troy ounce in the next few years. Given the fact that the historical movement of silver is 90 – 95% correlated with that of gold suggests that a much higher price for silver can also be anticipated. Couple that with the fact that silver is currently greatly undervalued relative to its average long-term historical relationship with gold, silver could escalate dramatically in price over the next few years. How much? This article takes a look at historical gold:silver ratios and what attaining certain relationships would mean for the price of silver should specific price levels for gold be realized. Words: 691
Read More »Over 2 Million Have Already Viewed This Video On Why Economic Collapse of U.S. Is Inevitable! Take a Look (+2K Views)
This short video - on the unsustainability of government spending - should be watched by everyone, including those not yet old enough to vote. It should be shown in every high school and college classroom. Anyone that cannot understand this presentation should not be allowed out without a guardian.
Read More »Economists Agree: The Gold Standard Is a Barbarous Relic that Belongs In the Dustbin of History! Here's Why
The gold standard is a solution in search of a problem. Actually, it's worse than that. It's a problem in search of a problem. Prices would have to fall a great deal if we adopted the gold standard today. In other words, it would turn the imagined problem of price stability into a real problem of price stability. And, of course, this ensuing deflation would send the economy into a death spiral due to still high levels of household debt. [Let me explain further.] Words: 910
Read More »Are Preparations Being Made For Worldwide Financial Collapse? (+3K Views)
Something really strange appears to be happening. All over the globe, governments and big banks are acting as if they are anticipating an imminent financial collapse. Here's some of what is being said and is apparently happening. Words: 1200
Read More »Soros Selling Stocks and Stacking Gold! Should We Be Buying More Gold Too?
When a major global player with direct ties to the White House, Wall Street, and the banking system starts off-loading stocks and starts stacking gold, it suggests a very serious market move is set to happen - and that is just what George Soros has done according to his latest 13-F report filing. [Should we buy more gold too?] Words: 484
Read More »A Look At the History of the Rise and Fall of the Gold Standard and Other Exchange Rates
Much has been written about the merits of the Gold Standard but there seems to be a lack of knowledge about the history of the various exchange-rate regimes over the years and why each was introduced and replaced. The infographic below does an outstanding job of doing just that.
Read More »"Monty Pelerin’s" Best At Cutting Through the Economic Noise
No one cuts through the economic noise better than the writer who posts articles under the pseudonym "Monty Pelerin" - so much so that the 30 posted on munKNEE.com and have, on average, received more reads than any of the 1,700 others on the site. His articles are all timely (and some even timeless) in nature so, in case you missed one or two along the way, below is a link to a page that highlights each of his articles on the site with a descriptive introductory paragraph to each article. I dare you to read just one!
Read More »Why Isn't Gold Hitting New Highs Given What's Going On In the World These Days?
...[Y]ou may be curious why, despite continued money-printing and abysmal US economic reports, gold hasn't been able to hit new highs. The answer is that gold is currently priced for collapse. Many investors believe the yellow metal has topped out and are selling into every rally. Treasuries have temporarily overtaken gold as the primary safe-haven asset [but, as I see it,] once that dynamic is broken the counterflow into gold will be tremendous. [Let me explain further.] Words: 797
Read More »Fact #7: U.S. Owes $Trillions to Other Countries – and to Its Citizens!
Fact #7: As of summer 2012, the federal government’s outstanding debt surpassed $15 trillion. Who are the nation’s creditors?
Read More »