Purchasing Power

Will The Crazy Global Debt Bubble Ever End?

We've been playing two games to mask insolvency: one is to pay the costs of rampant debt today by borrowing even more from future earnings, and the second is to create wealth out of thin air via asset bubbles. All the games end badly.

Arizona Governor Signs Bill To Repeal State Capital Gains Taxes On Gold & Silver

"If you’re for less government, you want sound money. The people who want big government, they don’t want sound money. They want to deceive you and commit fraud. They want to print the money. They want a monopoly. They want to get you conditioned, as our schools have conditioned us, to the point where deficits don’t matter."

Why The Chinese Yuan Won't Be The World's Reserve Currency

"The desirable goal of reforming the international monetary system, therefore, is to create an international reserve currency that is disconnected from individual nations." Disconnected from the dollar, yes - but not connected to the yuan...

TINA's Legacy: Free Money, Bread & Circuses, And Collapse

After the collapse of bread and circuses, the population of Rome eventually fell to roughly 25,000. But no worries--this time it's different. We'll get away with it because we buy our own debt, technology is deflationary, and so on. Simply put: the free bread and circuses will never end because we're so powerful and nothing is outside our control.

Arizona Passes Bill To End Income Taxation On Gold And Silver

Sound money advocates scored a major victory on Wednesday, when the Arizona state senate voted 16-13 to remove all income taxation of precious metals at the state level. The measure heads to Governor Doug Ducey, who is expected to sign it into law.

Is Blockchain A Gold & Silver Launchpad?

Global governments, having previously removed metals’ backing from the currencies they print, now attempt to force their citizens into holding only digital paper currency “wealth.” How ironic it will be, if by these very actions, the ultimate effect turns out to be the unleashing of new demand waves for digital metal – redeemable for physical gold and silver.

"Apocalypse Now": The Horror Of The Deep State's Plan Exposed - Part 3

Decades of propaganda, false flags, and misinformation campaigns have enabled the Deep State to gain power and control over the U.S. government. When war or a financial crisis is necessary to keep the profits flowing, events will be steered to such an outcome. With the latest financial plundering operation running out of steam, the Deep State is once again pushing the world toward global conflict.

These Are The Most And Least Concentrated ETFs, And A Pair Trade Idea

The five most concentrated ETFs currently are the Consumer Discretionary (XLY), Info Tech (XLK), Financials (XLF), Energy (XLE) and Utilities (XLU), all of which have never seen a greater relative weighing of their top 3 stocks. On the other end are the Healthcare (XLV) and Industrials (XLI) ETFs. Those awaiting for another August 2015 type ETFlash crash could capitalize on the upcoming unwinds using a simple pair trade.