(Brandon Smith) I have been warning about an inevitable East vs. West economic war for many years now. The question was never a matter of likelihood, it was always just a matter of timing. When would the most convenient time be for World War III?
economy
Three Reasons Precious Metals Are Getting Hot Among “Financial Preppers”
(JD Rucker) One of the best parts about having a site dedicated to the economy in general and precious metals in particular is that we get to see what draws people to the site. Spikes in traffic follow bad economic news, but the mid-term trends are what we really find interesting. Over the last couple of months, even when there are no new updates on the economy, traffic has been steadily rising.
Gold Market to Look Past Fed Rate Hikes
(Stefan Gleason) Last week’s release of first quarter GDP data was a disappointment, as GDP sank by 1.4%. Analyst expectations were calling for a rise of 1%.
They Can Print Money, But They Can’t Print Food
(Michael Snyder) Whenever there is some sort of a major crisis, our politicians normally attempt to solve it by spending money. But in this case, that isn’t going to work. Our leaders can try to throw billions or even trillions of dollars at the global food crisis, and they may even convince themselves that they are making a difference. However, the truth is that they simply cannot create food out of thin air. As I discussed last week, we are facing a worldwide nightmare of epic proportions. Fertilizer prices have spiked to absurd levels, extremely bizarre weather patterns are playing havoc with crop production all over the planet, and the war in Ukraine has caused a growing supply crunch that will not be resolved any time soon. There simply is no “magic wand” that our politicians can wave that will make this problem go away.
Gold Demand Surges In First Quarter
(Natural News) Gold demand surged to kick off the year, up 34% year-on-year in the first quarter of 2022.
Tried-and-True Tips for Surviving a Turbulent Economy
(Fabian Ommar) First, a disclaimer: this is not financial advice. These are just common-sense, real-life ideas and advice. The world is absolutely crazy, and everything is highly volatile, so I strongly recommend that you dig deeper into the topics of your interest to learn more.
Using Crypto-Mining To Improve Your Homestead
(J.G. Martinez D) Engineers hate wasting. We are always trying to optimize the usage of the resources surrounding us.
Russia Is Considering Bringing Back the GOLD STANDARD To Maintain Financial Sovereignty Amid Economic Sanctions
(Arsenio Toledo) As Russia continues to reshape its economy to become more resilient to Western economic sanctions, the country is reportedly considering pegging the ruble to gold.
It’s Mid-2022 And The Fed Has Still Done Nothing To Fight Inflation
(News Editors) It was last August when Jerome Powell began to admit that inflation just might be a problem. But even then, he was only willing to say that inflation would likely be “moderately” above the arbitrary 2 percent inflation standard. Back in August, low inflation—not high inflation—was still perceived to be the “problem.” But things had certainly changed by late November when Powell was forced by reality to retire “transitory” as the preferred adjective to describe price inflation. At that point, the Fed began strongly hinting that it would finally do something to rein in price inflation. But exactly when that might happen remained anyone’s guess.
BIDEN ECONOMY: Recesssion Looming – US GDP Down 5 Months in a Row – Last High Was in October 2021
(Joe Hoft) The Gateway Pundit reported one month ago on April 4th that the US economy was contracting and in the early stages of a recession. Today’s numbers show that the US GDP is down five months in a row with the last high in October 2021.
As Economy Contracts, Biden Considers Canceling Student Loan Debt
(The Center Square Staff) President Joe Biden is considering canceling student loan debt for millions of Americans, a move critics say could increase inflation and further exacerbate the nation’s economic woes.
Basic Solutions To Our Economic Problems That Establishment Elites Won’t Allow
(Brandon Smith) I think one of the great misconceptions about economic crises is that solutions are always dependent on centralized government action. In truth, most financial disasters are actually caused by too much government action and involvement. Central banks like the Federal Reserve are also primary culprits; as I outlined in last week’s article their machinations, which are independent of government oversight, fall into the category of deliberate sabotage. The Fed bankrolls corruption through fiat money creation while government officials and corporations utilize that money to wreak havoc on our living standards.
Plunging Bond Market Signals Trouble Ahead
(Stefan Gleason) As Russia appears to be on the verge of defaulting on its debt, the U.S. debt market is also signaling trouble ahead.
Nine Million Americans Priced Out Of Housing Market As Affordability Crisis Worsens
(Activist Post) The National Association of Realtors (NAR) estimates millions of Americans have been priced out of the housing market since January as sky-rocketing mortgage rates spark an affordability crisis.
A Major Bank Is Now Forecasting a Recession Will Hit the US Economy Likely Beginning Late Next Year
(Abby Liebing) Banks, traders and economists have been watching the economy — along with just about anybody with a paycheck — trying to anticipate if and when a recession might hit the U.S.