In a world where government borrowing allows spending to balloon even in times of falling revenue, we’re setting the stage for future problems…
by Ryan McMaken via Mises
The Treasury Department released new budget deficit numbers this week, and with two months still to go in the fiscal year, 2019’s budget deficit is the highest its been since the US was still being flooded with fiscal stimulus dollars back in 2012.
As of July 2019, the year-to-date budget deficit was 866 billion dollars. The las...
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Dave Kranzler says rational investors will begin to sell paper assets like government debt and look for alternatives. Here’s why…
by Dave Kranzler of Investment Research Dynamics
Thomas Gresham observed in the 1500’s that “bad money drives out good.” The concept applied to gold and silver coins and the value of precious metals metals used in the coins relative to their face value. Back then silver coins would be debased by replacing some of the silver content with base metals. Of course, that... 
Here is the bottom line with today’s big news.
Bottom Line With Fed Rate CutAugust 21 (King World News) – Peter Boockvar: Bottom line as to why the Fed cut rates:
1) “while the overall outlook remained favorable, there had been signs of deceleration in economic activity in recent quarters, particularly in business fixed investment and manufacturing.”
2) “a policy easing at this meeting would be a prudent step from a risk-management perspective.”
3) “there were concerns about the outlook for inf... 
Harry Dent says Gold Bugs will get their inflation, but not hyperinflation, and not until something happens in the bond market first. Here are the details…
by Harry Dent via Economy & Markets
Dateline and Byline go up here Every Monday, Rodney and I issue a forecast report to our Boom & Bust subscribers . We like to think of it as a preview of what’s to come based on the week. Or at least a set of predictions; it’s hard to anticipate exactly what is going to happen in a given week, espe... 
Bubbles, booms, and eventual crashes result…
by Frank Shostak via Mises
There are some signs that the pace of US economic activity is starting to slow down. For instance, the yearly growth rate of industrial production, which closed at 5.4% in September 2018, fell to 1.3% by June this year (see chart).
In addition, the annual growth rate of the consumer price index (CPI) eased from 2.9% in July last year to 1.6% by June this year (see chart).
Once economic activity indicators begin to display s... 
If we look at certain indicators in the silver market, the price is setting up for a big move…
by Steve St Angelo of SRSrocco Report
If we look at certain indicators in the silver market, the price is setting up for a big move. It seems as if mainstream investors are now becoming more worried about the stock and bond markets. With almost $17 trillion in negative-yielding debt in the world, the notion that gold or silver doesn’t earn a yield is starting to look like a better deal than paying so...