Alasdair Macleod speaks to James Turk about Sound Money. Most people don’t understand sound money. Inflation is destroying the value of money and people’s savings. The low interest rate added to inflation absolutely decimated savings. In a free market with sound money steady upward progress has been only occasionally interrupted by free market problems. However […]
I’ve previously discussed with Paul Mladjenovic at PreciousMetalsInvesting.com the Auto Market Woes. Rising default levels on cars and leases. Increasing unsold inventories and a slowing of sales. In David Morgan’s Weekly Perspective he opens with Auto Market Woes. The article he cited calls it carmageddon. Car lots are stuffed with unsold cars, car sales are
Auto Market Woes, Ransomware, Precious Metals Forecast – David Morgan Read More »
In this episode from Mike Maloney’s Hidden Secrets of Money series he talks about the difference between money and currency. Money, like precious metals, is a store of enduring wealth whose value has endured for centuries. Fiat currency, like the dollar in your pocket, only derive their value by government fiat or in other words
Expontential Debt growth is happening now. The Doubling of Debt is happening more and more rapidly. Financialization of government means that the government is dependent on the stock market. The government will print money and pay back the debts with currency that is more and more worthless. Who pays this back? You and I end
Will US Exponential Debt Bring SDR – Mike Maloney, David Morgan Read More »