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Record high debt = record high gold price

Barrick Mining Corporation—one of the world’s largest and most established gold producers—just reported its third quarter earnings yesterday— and it was an absolute blowout. The company reported third quarter profit of $1.3 billion, nearly triple last year’s Q3 earnings. And for the first nine months of 2025, Earnings per Share is up a

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The debt has increased by HALF A TRILLION since the shutdown began

By the autumn of 1648, England had been embroiled in a chaotic and bloody civil war for more than six years. Extreme ideological tensions in England had been building for decades over freedom of religion, plus the balance of power within government. King Charles was wildly unpopular. And a majority of politicians in

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The UK Found Another Way to Destroy Itself

When the Fawley Refinery opened in southern England in 1921 as an offshoot of Standard Oil, the company deliberately kept a low profile. The project was a workaround for US and UK tariffs. So there were no speeches, no ribbon cutting, not much news coverage. One day there was no refinery, the next

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Some Clear Thinking on the American Hostage Crisis

The US hostage crisis—also known as the government shutdown—has been going on for a month now. I’m all for limited government, but this shutdown feels incredibly vindictive, petty, and wildly unprofessional. When politicians can’t manage to compromise on something as basic as keeping the government open, it’s just a really bad look. Plus,

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The Left’s incompetent Nazi

Leftists certainly have an interesting command of the English language. Minnesota governor Tim Walz, former VP Kamala Harris, Illinois governor JB Pritzker, etc. among many others have routinely referred to their political opponents— ranging from Trump, Trump’s voters, and conservatives in general as “Nazis”. Multiple CNN “experts” have called Trump a Nazi. Ditto

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The King, his Fem-Boy, and the Autopen

George Villiers should have been a nobody. Born into a minor family from an irrelevant English village far from London in the late 1500s, young George grew up with no real prospects for his future. But he did have one thing going for him: according to reports at the time, George Villiers was

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Stagflation Is Back—And the Fed Is Asleep at the Wheel

Protestant firebrand and political activist Hugh Latimer must have known he was risking his life when he stepped into the pulpit at St. Paul’s Cross on January 12, 1549. His sermon that Sunday morning was hardly religious in nature. Rather, Latimer publicly expressed the view– the deep, deep frustration– that nearly all Englishmen

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Fixing America Requires Dumping the Hypocrites First

In October 2024, a sitting justice of the New Hampshire state Supreme Court, Anna Barbara Hantz Marconi, was indicted on seven criminal charges related to corruption and abuse of power. According to prosecutors, Justice Marconi abused the immense power of her office to squash a separate criminal investigation that had been initiated against

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Let’s Take a Quick Pause and Look Back at History

In light of this week’s roller-coaster gold ride, I thought it would be useful to turn once again back to the lessons of history and revisit what we discussed recently about the 1970s. Foreign governments and central banks around the world had been becoming increasingly concerned about the US government’s outrageous fiscal deficits

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Dismantling the most outrageous lie in American finance

It was only ten weeks ago that the US national debt crossed $37 trillion for the first time. Now, less than three months later, the national debt is set to surpass $38 trillion this week. That’s a simply insane rate of increase— another $1 trillion added to the debt in just ten weeks.

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A Tale of Two Crocketts on “No Kings Day”

In 1828, a proposal came before the US House of Representatives to provide some money to the widow of a deceased naval officer. The woman’s husband had died in service to the country, and tragically she had been left penniless. So the request wasn’t outrageous—just a small pension to help the bereaved widow

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What if gold crashes to $3,000 per ounce?

A little over a month ago, in early September, after careful analysis and detailed study, my team and I reached an important conclusion. And we started telling our audience almost immediately. Gold had just crossed $3,500 per ounce, silver had just crossed $40, and many gold and silver mining companies had experienced astonishing

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Honest question: what did you get for $30+ trillion?

Some of us are old enough to remember life in 1999. That Prince song– party like it’s “1999”– was constantly on the radio in anticipation of the year 2000. Plenty of doomsayers were predicting the end of the world because of the ‘Y2K’ software bug. (Spoiler alert: it didn’t happen.) And in general,

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There was once a time when Congress cared about literally every penny

As the clock struck midnight on July 1, 1848, Ohio Congressman Samuel Vinton probably started having a minor panic attack. Viton was Chairman of the powerful House Ways and Means Committee, the Congressional body that, at least at the time, was responsible for all taxation and spending appropriations. Anything that got spent– or

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Letitia James finally becomes a ham sandwich

In 1983, 25-year-old Letitia James signed a mortgage application with her father and listed him as her husband. The reason was obvious: this qualified her for better loan terms. When she was caught years later, she claimed it was simply a clerical error. Oops! Didn’t realize my dad wasn’t my husband as we

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