When millenials hear that “Tricky Dick” took the U.S. off the gold standard they assume it was for some selfish or nefarious purpose, but the truth is quite different. But to understand what really happened, we have to look much further back.
The Truth About why Nixon Replaced the Gold Standard with Fiat Read More »
Unfortunately, in Germany, and at least sporadically in the United States, “truth” is whatever the government proclaims. “Disinformation” is whatever contradicts the latest government pronouncements.
Last Sunday, 60 Minutes featured tyrannical German prosecutors boasting about persecuting private citizens who made comments that officialdom disapproved. Three prosecutors explained how the government was entitled to launch pre-dawn raids and lock up individuals who criticized politicians, complained about immigrant crime waves, or otherwise crossed the latest revised boundary lines of acceptable thoughts.
Media Censorship-Sacrificing Truth Read More »
Income inequality is frequently portrayed as a fundamental problem in the United States that erodes social cohesion and economic mobility. Media outlets and advocacy groups regularly highlight narratives of stagnant incomes and an ever-widening gap between rich and poor. However, closer examination of income data reveals that these depictions are hyperbolic, if not outright misleading. When we delve into the research, a more nuanced picture emerges—one that refutes many of the popular misconceptions about inequality and its implications for American society.
Income Inequality Misconceptions in the U.S. Read More »
Unusual things move the market. Lately, FED announcements have been responsible for moving the market, but at its January 28-29 meeting, the FED didn’t have much to say, i.e., they kept rates steady, so the market was relatively stable. The one telling comment from FED Chairman Jerome Powell at this meeting was his shift in how he spoke about Crypto. He seemed to be opening the door for banks to custody Bitcoin.
February Market Update- NYSE, NASDAQ and Crypto Read More »
Almost no one believes that government waste is a good thing. But the devil is in the details when it comes to deciding what actually constitutes “waste”. Suddenly, no one wants their pet project cut. The Government Accountability Office (GAO) lists thirty-seven government programs that are considered highly vulnerable to fraud, waste, abuse, and mismanagement.
The Real Effects of Cutting Government Waste Read More »
At first glance, it would seem that driving oil prices down and simultaneously filling the SPR would be mutually exclusive. After all, Biden drained the SPR in an effort to drive oil prices down. So, how can Trump fill the Strategic Petroleum Reserve AND still keep oil prices low?
How Can Trump Drive Oil Prices Down AND Fill the SPR? Read More »
The ETH Roc generated a buy signal in mid-December 2024.
Ethereum Buy Signal Read More »
Our Bitcoin ROC has generated a “BUY Signal” in early November. BTC has since rocketed to the psychological resistance level of $100,000 where it is consolidating in preparation for another leg up.
Bitcoin ROC Buy Signal Read More »
On a recent trip, I was forced to experience Romanian socialized medicine. It was quite different than American hospitals.
One American’s Experience with Socialized Medicine Read More »
From March 2024 Bitcoin was in a downward slanted channel. Typically when this occurs a breakout can be expected to travel in the same direction as it entered. So, since it entered the channel in the upward direction we can expect a breakout to the upside.
Bitcoin Breaks Out Read More »
