I lost count of how many times the United States government has kicked the debt ceiling mandate down the road following the Great Financial Crisis (GFC). The most recent national debt crisis prior to today’s was in 2021 when Yellen pleaded with Congress not to...
The price action in gold and silver is taking a healthy breather in a consolidation process before a possible seasonal rally this summer, and even the Financial Times shined a positive light on the pet rock’s fundamental and demand picture. “Very rare” precious metal...
The necessity for rare earth elements (REEs) has been discussed regularly in financial rags since the 1990s as China dominated rare earth mining and its industry of toxic processes to extract and smelt REEs from mined ore into usable elements. Beijing’s first attempt...
The recession’s hard-landing arrival is a slow trainwreck with roots dating back to the spring of 2022 when the United States GDP printed two consecutive quarters of negative growth. Goldilocks’ pundits would have you believe that the economy’s plumbing is more akin...
I explored the origin of the United States dollar and subsequent debasement in the first part of this series and then noted its weaponization by the Biden administration in response to the current geopolitical and financial crises that are accelerating a...