Pizza chains still face challenges from the pandemic. Even if their lead in the delivery business helped slow the economic effects of shutdown orders… by Franz Walker via Natural News […]
The post Pizza Hut’s Largest American Franchisee Files For Bankruptcy Due To Coronavirus appeared first on Silver Doctors.
What the U.S. economy is going through right now is far worse than a technical recession? (Silver Doctors Editors) Many gold and silver investors like to follow the writing of […]
The post Economic Depression and The Great American Exodus appeared first on Silver Doctors.
If we compare the market fundamentals for Toyota and Tesla, investors have gone completely insane… by Steve St Angelo of SRSrocco Report The present market insanity reminds me of the […]
The post TOTAL STOCK MARKET INSANITY: Toyota vs. Tesla appeared first on Silver Doctors.
Many cheer the move while others have absolute panic attacks.The truth is that neither side is right… by Josh Sigurdson of World Alternative Media Josh Sigurdson reports on the notice […]
The post NOTICE: U.S. WITHDRAWING From WHO! – This Is A MASSIVE Power Shift! appeared first on Silver Doctors.
Not only do we know that the long-term trend in gold prices is heavily-impacted by real interest rates, we can also see this play out in… by Craig Hemke via […]
The post Real Rates Drive Gold Higher appeared first on Silver Doctors.
BloombergOpinion/Noah Smith/6-29-2020
“If capital begins to abandon the U.S. and the dollar in large amounts, the currency will crash and Americans will find themselves paying much more for everything from cars to televisions to gasoline to imported food. Interest rates will be raised in an attempt to lure back investment capital, and the country might undergo a period of stagflation worse than the 1970s. Large-scale unrest would undoubtedly result and — in the worst-case scenario — the U.S. could collapse like Venezuela.”
USAGOLD note: Smith starts this opinion piece with the idea that the United States is already in a decline but that it has occurred slowly, barely noticed. He ends with the assessment posted above.
New York Sun/Editorial/7-2-2020
“Talk about an ideological coup. This was the real thing. Fiat money meant there was no fixed value to the dollar, neither in gold nor silver. If one were to present a piece of Federal Reserve scrip — a sawbuck, say — at the Treasury, one could exchange it for neither gold nor silver but for merely more scrip, maybe ten singles, or slugs that, owing to the Coinage Act of 1965, are made of base metal dolled up to look like silver or copper.”
USAGOLD note: Every once in awhile the New York Sun publishes a gem of an editorial on monetary economics. Most simultaneously embrace and transcend party politics. The link above takes you to the latest …… Bad money drives good into hiding, as Gresham taught us and Ed Stein so effectively illustrated in the cartoon above.
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