Ben Carson, a Balanced Budget, and a Confused Media

Presidential candidate Ben Carson recently told Kai Rissdal of NPR’s Marketplace that he would aggressively balance the US budget. When asked about the budget, Carson said, First of all, recognize that it’s not that difficult. If we simply refuse to extend the budget by one penny for three to four years, you got a balanced budget. Just like that. So this is not pie in the sky, very difficult thing to accomplish. Having said that, one of the bugaboos that has kept us from reducing government in Read more […]

Government Admits Economic Conspiracies Do Exist!

When big banks are fined 10’s of millions of dollars you can be sure they made billions or trillions of dollars in profits for their crimes… and bought a bunch of crooked politicians (that’s like saying “wet water”) with the proceeds. For a long, long, long time, those who said metals markets were ‘fixed’ were the tinfoil hat crowd—creating conspiracies to cover their own bad investing. Well, in the past couple of years just about every single “conspiracy” has been proved dead-on accurate. From Read more […]

Russia Today Network Features Paul Craig Roberts On The Economy

RT regularly does amazing stuff on economics—such an interesting fact, given that it’s coming out of Russia, with her recent history. In today’s headline story, all eyes were fixed on Fed Chairwoman Janet Yellen, who delivered her first public remarks to the US House Financial-Services Committee. In addition, in a lawsuit filed on Monday, the non-profit group Better Markets has challenged the constitutionality of the $13 billion JPMorgan Chase mortgage settlement with the US Justice Department. Read more […]

Illinois Wants To Know Who Owns Precious Metals

Living in Saint Louis, I seem to be hearing a lot of local news stories about the gridlock in the Illinois legislature trying to fix their underfunded pensions. While they have proven failures in that area, I can only wonder if they will prove more effective in passing SB3341. “Creates the Precious Metal Purchasing Act. Provides that a person who is in the business of purchasing precious metal shall obtain a proof of ownership, create a record of the sale, and verify the identity of the seller. Read more […]

How Much Do Americans Know About Christmas?

When I was kid a long, long, long time ago in a state far, far, far away, everyone knew that Christmas was the celebration of the birth of Jesus.  Yes, we had Santa and presents and a tree, but the main focus was still on Christ. Several centuries later, secular commercialism has taken over and fewer Americans know what Christmas is all about.  Some don’t even have a clue that it all started with the celebration of Jesus’ birth.  Many who do, have little other knowledge like where was Jesus Read more […]

Montana Denies Legislator’s Request to be Paid in Precious Metals

Jerry O’Neil is a Republican representative from a northern district of Montana. He wrote a letter to his state legislature asking them to pay his $7,000 salary in gold. He said that he was prompted to make such a request because he doesn’t have faith in the US dollar anymore. Also, his constituents have been holding him to his oath to the Constitution which he says requires that states issue payments in gold or silver. Predictably, state officials scoffed at him and denied his request. Jaret Read more […]

$7 Million in Gold Found at Dead Person’s House

Sixty-nine year old Walter Somasko Jr. never said much to his neighbors except for maybe a wave every now and then. He had lived in the same small Carson City, Nevada ranch house since 1968 and lived with his mother until she died in 1992. After the neighbors hadn’t seen him in weeks, and a foul odor started emanating from his house, they got concerned and contacted city officials. They found him dead, and the coroner said that he had been dead for about a month. Apparently, he died of heart disease. Alan Read more […]

Why Governments Hate Gold

Competing currencies was the subject of a meeting of the House Domestic Subcommittee on Monetary Policy. The meeting was entitled, “Sound Money: Parallel Currencies and the Roadmap to Monetary Freedom.” During the chairman’s opening statement, he said, “The American people have suffered for decades from the declining purchasing power of the dollar. The Federal Reserve has abused its position as the monopolist issuer of currency to enrich Wall Street and impoverish Main Street. …The Fed can Read more […]