Trust in Gold Not Bernanke as U.S. States Promote Bullion

To the degree that they can, a few US states are seeking to shore up their finances. Specifically they are moving to make gold and silver legal tender (again). Texas is actually trying to “repatriate” its gold from the New York Federal Reserve. (We’ll see how that goes.)

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Let’s Raise the Minimum Wage to $900 an Hour

Let’s do it up. Shoot, why stop at $900 per hour? Just declare prosperity and unicorns will descend from the heavens and poop happiness and we will all die with beatific smiles on our faces. Plus we’ll all have the very best healthcare the dollar can buy before we die. Doesn’t that make you feel good?

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Bernanke Beef: Thank the Fed Chairman for the horse meat in your hamburger

horse cc

The economic tide continues to go out. Inflation continues to creep in. Meat prices are up. Real disposable incomes are down. People still want hamburgers. What is a frozen hamburger maker to do? Horse meat!

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Why Silver is Important, in Simple Everyday Terms

silver inflation

Once one starts to understand metals, one starts to look at economics and finance in a new way. It’s not that gold is becoming more valuable, it’s that the dollar is becoming less valuable. This fundamental understanding is key when assessing what is really going on economically.

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The Dollar, the Fed, and Freedom

* I gave this speech on April 15th, 2009, in Charlottesville, Virginia. I had forgotten about it, but stumbled across it again today. It deserves a post to ACC.

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