Death of the Dollar

US Treasury Secretary Unclear on the Concept of a “Deficit”

by Martin Armstrong, Armstrong Economics: I have both good and bad news. The bad news is that the US government is continually spending with no end in sight. The proxy wars have eliminated even a level-headed discussion of anything akin to a real budget. In a move that angered Treasury Secretary Janet Yellen (also good news) Republicans […]

CENTRAL BANKS CONTINUE TO GORGE ON PHYSICAL GOLD ACCUMULATION

by Harvey Organ, Harvey Organ Blog: GOLD CLOSED DOWN $6.15 TO $1979.35 WHILE SILVER CLOSED DOWN 11 CENTS TO $22.73 AS THE SPECS ADD MASSIVELY TO THEIR SHORT POSITION AND CENTRAL BANKS TAKE THE BUY SIDE AND THEN TAKING DELIVERY ESPECIALLY GOLD (800 TONNES THIS QUARTER//PLATINUM CLOSED DOWN $8.90 TO $924.95 WHILE PALLADIUM CLOSED DOWN […]

Gary Gensler’s Bitcoin ETF position is ‘inconsistent’… says Gary Gensler

by Jesse Coghlan, Coin Telegraph: During a panel at the 2019 MIT Bitcoin Expo, Gensler called out the securities regulator for its “inconsistent” approach to spot Bitcoin ETF approvals. Gary Gensler once criticized the United States securities regulator for its “inconsistent” approach to spot Bitcoin The video clip, which has recently made the rounds again on social […]

Cantillon Overdrive…and the Bitcoin Breakout

by Mark E. Jeftovic, Bombthrower: What we now call “The Cantillon Effect” was known far back as circa-1730, by at least one economist.  It hasn’t been taken very seriously in modern times, especially here in the fiat age. Named after its author, Richard Cantillon, in his “Essay on Economic Theory” (“Essai sur la Nature du Commerce en […]