Tag Archives: gold
How to Survive the Mega Collapse of 2022
Welcome to 2022! The New Year’s edition of the Economic Prism is a place of wild guesses and rough suppositions. Today we focus our eyes through our proprietary prism. We set our sights over a 12 month viewshed. What do we see? First off, 2022 will be a year where everything under the sun happens precisely as it should. Some good. Some bad. Each day shall unfold before you with symbiotic disharmony. You can bet your bottom bitcoins on it. Continue reading
Why Big Government Statists Despise Gold
Gold to paper currency conversion once exacted limits upon the public purse. The Treasury, in concert with the Federal Reserve, could not issue unlimited debt based money. But that was before the U.S. severed the dollar’s relationship to gold and commenced the dollar reserve standard. Continue reading
Game Over Spending
Second quarter 2020 came and went like a California wildfire. The economic devastation caused by the government lockdowns was swift, the destruction immense, and the damage lasting. But, nonetheless, in Q2, the major U.S. stock market indices rallied at a record pace. Continue reading
Geopolitical Shocks and Financial Markets
The procession of news through the week – namely that chronicling the aftermath of the targeted drone strike and killing of Iranian General Qasem Soleimani – advanced with an agreeable flow. The reports at the start of the week were that Orange Man Bad had spun up a Middle East mob of whirling dervishes beyond recall. World War III was imminent. Continue reading
