Economy

The Pentagon Fails Another Audit – Trillions Missing

by Martin Armstrong, Armstrong Economics: They say the Pentagon is the government’s favorite money laundering tool for a reason. It is comical that they even attempt to audit the Pentagon when they know the agency will fail miserably. The government spent $187 million to conduct the meaningless audit at 700 locations. This year, as with […]

Latin American Leftists Melt Down over Javier Milei’s Presidential Victory in Argentina

by Christian K. Caruzo, Breitbart: The unprecedented victory of Argentine libertarian economist Javier Milei in Sunday’s presidential election prompted a wave of outrage and dismay among Latin American leftists. Milei defeated socialist and outgoing Economy Minister Sergio Massa on Sunday by more than 11 percentage points, becoming not just the world’s first libertarian president but also the most-voted president in Argentina’s […]

CENTRAL BANKS ARE BUYING PHYSICAL GOLD FOR THEIR OFFICIAL RESERVES

by Harvey Organ, Harvey Organ Blog: GOLD CLOSED DOWN $4.15 TO $1977.95/SILVER CLOSED DOWN 26 CENTS TO $23.51//PLATINUM CLOSED UP $24.95 TO $923.90 WHILE PALLADIUM CLOSED UP $32.25 TO $1087.75//CENTRAL BANKS ARE BUYING PHYSICAL GOLD FOR THEIR OFFICIAL RESERVES AND//IMPORTANT GOLD COMMENTARY TODAY FROM MATHEW PIEPENBERG//MELEI WINS THE ARGENTIAN ELECTION AND HE IS RIGHT WING, […]

Dutch Central Bank Admits It Has Prepared for a New Gold Standard

by Jan Nieuwenhuijs, Gainesville Coins: In a recent interview the Dutch central bank (DNB) shares it has equalized its gold reserves, relative to GDP, to other countries in the eurozone and outside of Europe. This has been a political decision. If there is a financial crisis the gold price will skyrocket, and official gold reserves can be […]