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]
While Venezuelans starve, their food imports from other countries are down 61%! The answer for this paradox only takes understanding some basic economics.
The crisis in Venezuela continues to get worse. On January 1st 2017, $1=$3,000 Bolivars, today $1=$8,000 bolivars. The inflation keeps getting worse and experts are now projecting over 2,000% inflation in 2018! The government keeps trying to seize … [Continue reading]
The REAL reason FED chairwoman Janet Yellen said we won’t see another financial crisis in our lifetimes!
Janet Yellen is taking back some comments she made back in London two weeks ago. Janet Yellen had said she really doesn’t see another financial crisis happening in our lifetimes. Why would she say this? She says this because she sees that government … [Continue reading]
Illinois is broke with $15 Billion in unpaid bills and $251 Billion in future pension obligations. Is Illinois the first of many dominos to soon fall?
The state of Illinois is on the verge of bankruptcy. $15 Billion in unpaid bills and no budget plan going on 3 years running. The state legislature in Illinois has worked out a budget deal that’s suppose to pull the state back from the brink but it … [Continue reading]
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