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A few years ago, I was at a private conference listening to a CEO of a silver mining company explain—quite matter-of-factly—how silver prices were being manipulated. He laid out the whole playbook: how major Wall Street traders would flood the market with short positions in paper silver, drive the price
By the late 1920s, the US economy was booming and had advantages that most of the world did not yet enjoy. Manufacturing in America was extremely competitive due to mass electrification powering factories. Farmers had traded out horses and mules for trucks and tractors. US productivity was surging. Global trade
Even during the darkest moments of the Biden administration—the shameful withdrawal from Afghanistan, 9% inflation, bureaucrats hell-bent on destroying the economy—I still said America’s problems were fixable. But I didn’t see any hope in the previous administration or a prospective Kamala administration to fix things and only expected them to
On October 20, 2022, Liz Truss resigned as UK prime minister after just 44 days in office—the shortest tenure in British history. She was brought down not by a no-confidence vote or a party coup, but by a full-scale bond market rebellion. Her government’s proposed mini-budget, featuring sweeping tax cuts,
We write a lot about the US government’s dismal financial condition— $36.2 trillion in debt, $1.1 trillion in annual interest expenses, and a $1.8 trillion annual deficit. But in today’s podcast we take a closer look at the numbers and the government’s actual balance sheet as if it were a
I want to present two choices for you to pick from. One is a world leader who was recently sued by a transgender prison inmate who felt that this person’s recent executive order was unfair. The second is another world leader who has suspended elections, forcibly presses people into the
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