Death of the Dollar

Money and recession

by Alasdair Macleod, GoldMoney: How reliable is the link between money supply growth and the economic outlook? Monetarists are warning now that money supply has stopped growing and even turned negative, so we are heading for a recession. This article examines the position for US dollar M2 money supply and the prospects for the US […]

Crash Alert

by John Rubino, John Rubino: Ignore that low unemployment rate. Most forward-looking stats are screaming recession, and the epicenter of the coming quake is plastic. From CNBC: U.S. credit card debt jumps 18.5% and hits a record $930.6 billion highs For most Americans, inflation and rising interest rates are a one-two punch. On the heels of another rate hike this week by the Federal […]

Bill Introduced in Wisconsin House Would Repeal Sales Tax on Gold and Silver Bullion

by Michael Maharrey, Schiff Gold: A bill introduced in the Wisconsin Senate would create a state sales tax exemption on the sale of gold and silver bullion. By effectively repealing the sales tax, the bill would relieve some of the tax burden on investors, and take a step toward treating precious metal bullion as money instead of a commodity. […]

Credit Suisse Craters After “Staggering” Bank Run And Warning Of Continued Losses

from ZeroHedge: Back in late 2022, when Credit Suisse stock cratered to never before seen levels after a series of dismal earnings reports and regulatory “missteps” sparked a staggering bank run, amounting to some $88 billion forcing the bank to seek emergency liquidity from the Fed via SNB swap lines, and which also led to a historic corporate […]

Welcome To the Death Spiral

by John Rubino, John Rubino: Gold bugs and other long-suffering critics of fiat currency and endless credit expansion have for decades been predicting that soaring debt would eventually blow up the financial world. As the story went, governments with unlimited printing presses would spend and borrow too much, forcing their central banks to keep interest […]