States Consider Removing Income and Sales Taxes from the Monetary Metals

Listen to the Podcast Audio: Click Here Precious metals markets can certainly be volatile from week to week, but over time they are a more reliable store of value than Federal Reserve Notes. Gold and silver remain the world’s most enduring and most widely recognized form of money. And, as spelled out in the U.S. … Read more »

How Sound Money Principles Can Bolster Your Personal Finances

Sound money principles can serve to help grow the economy and restrain government. The political class, however, doesn’t particularly want to restrain itself. Washington, D.C. is addicted to the easy money policies that have enabled $20 trillion in national debt accumulation and tens of trillions more in unfunded liabilities. Even with a new and unconventional … Read more »

The Sequester And Chicken Little

Would you like an economic lesson in government spending cuts? Try this exercise. Sit down and plan a trip to Disney World for you and your family. Make a budget of $20,000 to take this trip (never mind that you don’t have that much money to spare, just follow along with me). And then, forget … Read more »

We’re Already Over the “Fiscal Cliff”

Newsflash, folks. We’re already over the so-called “Fiscal Cliff”. As of today it’s been 1,311 days since the Senate has passed a budget. Let’s take a quick refresher course on Government 101. The House originates the budget bills. Once they pass the House, they go on to the Senate. Once passed there, it goes to … Read more »

Where Does Money Come From?

This article was reposted with permission from The Economic Collapse. How is money created?  If you ask average people on the street this question, most of them have absolutely no idea.  This is rather odd, because we all use money constantly.  You would think that it would only be natural for all of us to … Read more »

22 Red Flags That Indicate That Very Serious Doom Is Coming For Global Financial Markets

If you enjoy watching financial doom, then you are quite likely to really enjoy the rest of 2012.  Right now, red flags are popping up all over the place.  Corporate insiders are selling off stock like there is no tomorrow, major economies all over Europe continue to implode, the IMF is warning that the eurozone … Read more »

30 Stupid Things The Government Is Spending Money On

If you want to get paid for doing something stupid, just turn to the U.S. government.  The U.S. government is paying researchers to play video games, it is paying researchers to study the effects of cocaine on Japanese quail and it has spent millions of dollars to train Chinese prostitutes to drink responsibly.  The amount … Read more »