With gold setting records this year, precious metals assets, like mining stocks, are gaining attention. Even mainstream media is talking about them. But it’s not a flattering discussion. Here’s my take on the flaws in their case.
The Daily Reckoning Australia
American Life: Less Ordinary
It’s a poverty where you may still have most of the accoutrements of middle-class life. But your relationship with the financial elite has changed: you are indentured to the credit industry — for life
Fear the AI boom and bust
100 years ago, the Austrian Business Cycle was developed. It perfectly explains today’s AI bubble. How it was inflated, how it’ll pop and what’s next…
Strategic Investment
We come to what seems like a water-tight proposition: the more the feds get involved in the process of creating wealth, the less wealth is created.
The Day the Earth Stood Still
The only big effect was to get people out of the cars they owned and into cars they didn’t own, requiring monthly payments! People who had had no auto debt now saw themselves indentured for four years
Alien Money
Our material lives have been taken over…clandestinely subjugated to strange and unnatural money. And now, we all depend on it.
