source / The Money GPS $GPS • BITCOIN – P2P ELECTRONIC CASH SYSTEM – DIVISIBLE IN UNLIMITED QUANTITIES – SEND ANYWHERE • GOLD – USED AS MONEY FOR THOUSANDS OF YEARS. CENTRAL BANKS. – HEDGE AGAINST INFLATION – WHEN ALL ELSE FAILS, GOLD. • STOCKS – EASY TO BUY, SELL, MANAGE – […]
Both Democrats and Republicans failed the Americans by over spending and leading the US on the path to bankruptcy. Interest payments on the debt totaled $522.7 billion in FY2020 alone. The federal debt is over $80,000 dollars per capita, which is about 50% more than the median income in the country.
source / The Money GPS Every investor must keep a close eye on the activity in the markets. There are countless examples of unparalleled excess. Just look at virtually any asset class, including new speculative assets. In fact, the more speculative, the better the returns. All of this of course is brought on by central […]
Today is the anniversary of one of President Franklin Roosevelt’s worst infamies – his confiscation of privately-owned gold. I wrote the following article in 1999 for Sheldon Richman at the Foundation for Economic Education. This article was a spinoff of Freedom in Chains: The Rise of the State and the Demise of the Citizen (St. […]
The post FDR’s Great Gold Robbery appeared first on James Bovard.
source / The Money GPS The governments and central banks are encouraging massive historic levels of risk taking right now. And is there any sign of caution? No. Why would there be? There will always be more stimulus. More money printing. More free stuff. But in this life, we can be certain that nothing is […]
source / The Money GPS A crisis has not been cancelled. It has only been delayed. More stimulus and quantitative easing has only exacerbated the issue of way too much debt. This is a fundamental understanding of the central bankers and technocrats which is why it must be an intentional action. But does anyone realize […]
source / The Money GPS Another few trillion coming. Quite frankly, I’ve lost count. Does it matter anymore, some will ask? But of course it really does. The only question is where exactly is the money going, and how much of it will ultimately help those in need. $GPS Biden Plans $2.25 Trillion Spending, […]
source / The Money GPS Here we have another company who took too much risk and it came back to haunt them. This should be a lesson to everyone to also be prepared for the worst. Aim to do well. Try to achieve gains. Do your best. But don’t over leverage. Don’t push the limits […]
source / The Money GPS Another one bites the dust. $GPS What’s the deal: Archegos defaulted on margin calls from several investment institutions. Which companies are directly involved: Credit Suisse, Nomura, Goldman, Morgan U.S. regulator is monitoring Archegos Capital Management situation: spokesperson | Reuters U.S. regulator is monitoring Archegos Capital Management situation: spokesperson […]
source / The Money GPS $GPS Increasing inflation coming but what can people do about it? More money moving into the stock market. Value stocks have seen more inflows and tech stocks and other growth stocks are also performing well. More money is being pumped in from all sides, creating a massive […]
