Tag: politics

Trump’s Covid Infection, Bailout Negotiations Raise Uncertainties

| October 2, 2020 | Articles: Freedom
Trump’s Covid Infection, Bailout Negotiations Raise Uncertainties

Precious metals markets are advancing this week as a massive new stimulus bill makes its way through Congress. On Thursday evening the House of Representatives passed a $2.2 trillion coronavirus relief bill on a party line vote. It’s a big deal whenever Congress commits to spending that kind of cash, especially when it’s money that has to be borrowed into existence.  These days, though, it’s not that unusual for Washington to dole out trillions of dollars at a time. The bill in its current form will almost surely die in the Republican-controlled Senate. Meanwhile, negotiations on a compromise bill are expected to continue. Both the White House and Democrat leaders […]

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New Sound Money Caucus Launched on Capitol Hill

New Sound Money Caucus Launched on Capitol Hill

As the federal government continues to bailout the economy and markets by creating trillions of unbacked pieces of paper and electronic digits, a handful of Congressmen hope to shine a new spotlight on the devastating effects of this runaway financial profligacy. Congressman Warren Davidson (R-OH) recently announced the creation of the Congressional Sound Money Caucus.  According to Congressman Davidson’s office, the caucus exists to promote sound fiscal and monetary policy in the United States with the goal of preserving the purchasing power of the U.S. Federal Reserve Note. Monetary policy, especially since the 2008 financial crisis, coupled with the recent federal fiscal response to coronavirus has re-inflated nominal asset prices […]

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Navigating Cynical Politics and Rigged Markets to Investment Profits

Navigating Cynical Politics and Rigged Markets to Investment Profits

It’s a cliché that gets repeated every four years: This is the most important election of our lifetime! Perhaps this one, a national referendum on the presidency of Donald J. Trump, will prove to be so. What we can say with more certainty is that this will be the most cynical election of our lifetime. American politics and the mainstream media’s coverage of it have descended into non-stop tribal spitefulness and vindictiveness. No longer is there any pretense that elections are about what’s best for the country as a whole. What’s bad for the country is often good for politicians, and they can be counted on to do whatever is […]

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Michael Rivero Discusses a Deep State Coup Attempt & How Hillary Might Sneak into the Election

| February 21, 2020 | Articles: General
Michael Rivero Discusses a Deep State Coup Attempt & How Hillary Might Sneak into the Election

Mike Gleason: It is my privilege now to welcome back Michael Rivero, founder and editor of WhatReallyHappened.com. Michael hosts a daily radio show and covers geopolitics, financial markets and many other topics like few others can and it’s always great to have him on with us. Michael, thanks for joining us again. How are you? Michael Rivero: I’m doing fine, and thank you very much for having me on your show. Mike Gleason: Yeah, it’s been quite a while since we last talked, and I’m super excited to have you back on and hear your thoughts on a number of topics here. Now, for starters, this is shaping up to be a tumultuous year, […]

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U.S. Senators Bash Gold during Fed Confirmation Hearings

| February 18, 2020 | Category: Economy
U.S. Senators Bash Gold during Fed Confirmation Hearings

The U.S. Senate weighed the issue of pegging the currency to a gold standard last week. Not surprisingly, the mere mention of gold ruffled the feathers of some Senators. More on that in a moment. In recent days, the monetary metals have contended with a rising U.S. dollar versus foreign currencies, a familiar story. The Dollar index has risen steadily since the beginning of the year and got an added boost from fears over the China virus outbreak. The USDX is now close to taking out its 2019 high, although it may be getting overbought near term. We have already seen most major commodities including copper and crude oil come […]

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What Happens to the Price of Gold if Trump is Impeached?

The impeachment of Trump has been a revolving issue for quit a long time. What does impeachment mean? Impeachment is the process of getting rid of a president outside of election time. It is a long and difficult process at that – first, the House of Representatives has to vote by a majority to impeach a president and; second, it goes to the senate where two-thirds vote is required to actually remove the president. So, what happens to markets if the US President gets impeached? In the history or America, two presidents have notably gotten themselves into trouble, Clinton and Nixon. These lead to the resignation of Nixon and the […]

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Michael Pento Exclusive: Cheap Money to Continue Flowing & Helicopter Money to Start after 2017 Crash

Michael Pento Exclusive: Cheap Money to Continue Flowing & Helicopter Money to Start after 2017 Crash

Listen to the Podcast Audio: Click Here Mike Gleason (Money Metals Exchange): It is my privilege now to welcome in Michael Pento, president and founder of Pento Portfolio Strategies and author of the book The Coming Bond Market Collapse: How to Survive the Demise of the U.S. Debt Market. Michael is a money manager who ascribes to the Austrian School of Economics and has been a regular guest on CNBC, Bloomberg, Fox Business News, and also the Money Metals Podcast. Michael, it’s always great to have you on. Thanks for joining us today and welcome back. Michael Pento (Pento Portfolio Strategies): The best of all that list is the Money […]

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