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Why we could easily see $5,000+ gold

On the 18th of September, in the year 324 AD, 52-year old Constantine the Great finally won the victory that he had been fighting for two decades to achieve: sole control of the Roman Empire. At that point the Roman Empire had suffered more than a century of extreme turmoil– recession, inflation, invasion,

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America has less than a decade to turn itself around

Well, that didn’t take long. From the time the US government managed to sign the debt ceiling resolution, it took just thirteen days for the national debt to soar by nearly $600 billion. At that pace, they added over $500,000 to the national debt every second. The US national debt has now breached

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Why I’m not teaching my kids Mandarin

On Friday morning July 23, 1982, news broke around the world that a consortium of Japanese companies was acquiring Rouge Steel… which until that point had been a wholly-owned subsidiary of the Ford Motor Corporation. It was unthinkable: the Japanese were buying up an American steel company??!? But it was just one of

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Would you honestly hire the Federal Reserve to manage your finances?

On August 4, 1964, two US Navy destroyers were conducting intelligence patrols in the Gulf of Tonkin off the coast of Vietnam, when the task force commander grabbed the radio and reported that they were under attack by three North Vietnamese torpedo boats. The news traveled very quickly all the way to the

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Countries Offering Tax Incentives For New Residents - 2023

8 Countries Offering Tax Incentives For New Residents In 2023

As our founder, Simon Black is fond of saying, legally reducing your taxes is the highest investment return you’ll ever make. If you’re American, Uncle Sam will want to take a bite out of your earnings no matter where in the world you live. But nonetheless, most people can unlock some powerful tax

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This is really starting to look a lot like ancient Rome

In the late summer of 408 AD, a barbarian army under the command of Alaric, king of the Visigoths, set out on a leisurely march across the Italian countryside towards the city of Rome… so that he could burn it to the ground. Alaric had been promised money by the Roman government in

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Once upon a time there were actually adults in charge…

At 11:15am on July 7, 1919, a US Army convoy consisting of 81 military vehicles departed Washington, DC for a perilous journey to San Francisco. The army convoy wasn’t responding to an emergency or preparing for battle. In fact, since World War I had just ended, the United States was shifting focus back

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How Fed incompetence will drive inflation higher

Getting my in-laws out of Ukraine last year felt like it was as complicated as planning the Normandy invasion. My wife is Ukrainian, and her family had been stuck in Kiev since the start of the war. For months leading up to the invasion, they ignored the Russian troops massing on the border

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The dollar’s international decline is becoming really obvious

On the morning of February 23, 1944, US President Franklin Roosevelt sent an important telegram to two of his key allies overseas– British Prime Minister Winston Churchill, and Joseph Stalin of the Soviet Union. World War II was still raging. And while the allies had seized the upper hand, peace was more than

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These people are incapable of playing the long game

On the afternoon of Sunday, June 7, 2020, a 36-year-old Chinese national named Wang Xin was at Los Angeles International Airport waiting to board Air China flight 988 back to his native Tianjin. Things were tense in the US; Covid-19 was still raging, George Floyd protests were erupting all around the country, and

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Future Headline Friday

In a world brimming with bewildering headlines, we spend a lot of time thinking about the future… thinking about where this trajectory leads. So, here is our latest edition of “Future Headline Friday”. This is our satirical take of where this world is going if we stay on this current path. While it

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