Household debt has hit a record high of $12.8 Trillion! This is the highest we have seen since the financial crisis bottomed in 2009. 30 day credit card delinquencies are on the rise standing at 6.2%. One year ago that same figure was 5.1%! 90 day … [Continue reading]
“Household debt hits record as auto loans and credit cards climb”-WJ- The not so good, the bad and the ugly.
Household debt has hit a record high of $12.8 Trillion! This is the highest we have seen since the financial crisis bottomed in 2009. 30 day credit card delinquencies are on the rise standing at 6.2%. One year ago that same figure was 5.1%! 90 day … [Continue reading]
CEO of Monetary Metals-Keith Weiner talks about bitcoin and why the current monetary system is failing us today- Part 2
Is bitcoin money? Keith Weiner discusses why gold is crucial in an economy and that bitcoin isn’t money. Keith also discusses why the system if failing today. His view of why the system is failing is much different than the mainstream view. You … [Continue reading]
CEO of Monetary Metals-Keith Weiner talks about bitcoin and why the current monetary system is failing us today- Part 2
Is bitcoin money? Keith Weiner discusses why gold is crucial in an economy and that bitcoin isn’t money. Keith also discusses why the system if failing today. His view of why the system is failing is much different than the mainstream view. You … [Continue reading]
CEO of Monetary Metals-Keith Weiner talks about gold and how to transition to a gold standard- Part 1
Keith Weiner talks about money and what real money (gold) is. He argues that gold can’t circulate without an interest rate so his big push is to give gold a yield. So to transition to a gold standard, Keith argues gold must have an interest rate … [Continue reading]
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