Russia’s unknown movements in metals

Last week an article by the Russian news agency Interfax reported that the State Fund of Russia plans to acquire gold, silver, platinum, palladium and precious stones. Russia’s decision to add silver to its reserves sets it apart from most other central banks, which have focused heavily on hoarding gold while neglecting silver. Along with …

Cutting interest rates early will cause hyperinflation

The Federal Reserve’s recent decision to cut the federal funds rate by 50 basis points to a range of 4.75% to 5%, despite inflation still above its 2% target, apparently politically targeted, has disturbing similarities to the monetary policy mistakes of the late 1970s. Then, under pressure to stimulate economic activity, the Fed eased monetary …

Should Trump restore the Gold standard, and if so, how will he go about it?

During his presidential campaign, former President Donald Trump referred extensively to the issue of the inflationary vortex in which the US economy has been involved. In addition, he highlighted the importance of maintaining the dollar as the world’s main reserve currency by pointing to the possibility of the US imposing countermeasures on countries that abandon …

The Major risks to the future of the Dollar as a Global Reserve Currency

On February 24, 2022, Russia’s invasion of Ukraine shocked the world, sparking one of the biggest conflicts in Europe since World War II. At the same time, not only a geopolitical realignment of power is taking place, but also a reversal of the post-war Western-imposed monetary peace with the dollar becoming a contested currency and …

Kamala Harris’ $2.25 tril. “Money Tree”, and Economic Populism

The socialist recipe for economic failure: Price controls, higher taxes, government intervention and subsidies paid for by printing an ever-depreciating currency. These are the main pillars of “21st century socialism” and the radical leftist Peronism that destroyed Argentina. These are also the key elements of the economic plan presented by Kamala Harris and the Democratic …

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