In this video Richard Duncan addresses the reasons why the state of the global economy is in the mess that it is in and explains "Creditism replaced Capitalism when money ceased to be backed by gold nearly five decades ago." I coined the term ‘Creditism’ to de... read more

House Democrats will oppose a short-term spending bill if Republican leaders attempt to expedite an ObamaCare repeal bill this week, Rep. Steny Hoyer (D-Md.) warned Thursday. Hoyer, the Democratic whip, spoke with House Majority Leader Kevin McCarthy (R-Calif.) Thursday morning to warn him of the Democrats' position. The threat is significant because GOP leaders will likely need Democrati... read more

ll Street and our central bank are in for a rude awakening very soon! The idea that the US economy is on stable footing and about to experience a surge in growth is ridiculous. Hence, the consensus that the Fed can normalize interest rates and its balance sheet is nothing short of a bad joke…and it's on them. For starters, the government's fiscal deficit for the month of March came in at $1... read more

A tsunami of inflation is rapidly moving through the financial system. Most investors only pay attention to the Federal Reserve. And they are missing the BIG PICTURE for Central Bank monetary policy. The Fed is tightening policy by hiking rates. But the rest of the world’s Central Banks are printing a combined $200 BILLION in QE every single month. $200 billion. At a time when the f... read more

1775-1791: U.S. Currency To finance the American Revolution, the Continental Congress printed the new nation's first paper money. Known as "continentals," the fiat money notes were issued in such quantity they led to inflation, which, though mild at first, rapidly accelerated as the war progressed. Eventually, people lost faith in the notes, and the phrase "Not worth a continental" came to... read more

As we get ready to kickoff what promises to be a wild week of trading, today the man who has become legendary for his predictions on QE, historic moves in currencies, told King World News it’s all “illusions and lies” and warned the supernova debt bubble is about to trigger the death knell of the global financial system. We Told Our Investors To Buy Gold At $300 Egon von Greye... read more

There certainly doesn’t seem to be a shortage of outrageous behavior recently, when looking at reports of an older Asian-American doctor being dragged off a plane. But where visual images cap a sense of outrage that has crept into the flying experience, sometimes bad behavior is not always captured on phone cameras. Sometimes you have to step back and think about things by reading and cons... read more

The gold price has reached new heights. According to the well-known financial expert Dan Steinbock, this is only the beginning. Every gold investor knows the rule of thumb: if interest rates rise in the U.S., then the dollar strengthens and weakens the gold price calculated in the American currency. From this point of view, the latest bull market in gold (an ounce is currently 11 percent... read more

Fed Vice Chairman Stanley Fischer believes changes that President Donald Trump is exploring on bank regulations could pose a serious threat to the financial system. Speaking as Trump is directing officials to look at alterations to post-financial crisis reforms to the system, the central bank official expressed a high level of caution. "We seem to have forgotten that we had a financial cr... read more

Rob Kirby former derivatives broker/dealer & institutional trader discusses the ridiculous short positions on silver where there is not enough silver in the world versus the amount of short contracts at the COMEX Rob also believes that geopolitical rhetoric ratcheting up of possible war by the U.S. and cohorts could be a cover up for the next Global financial crises, which he thinks could happ... read more