News
The Definition of Inflation
There is one definition of inflation that seems most applicable to today… “Too much money chasing too few goods.” We are seeing the impact of trillions of dollars in stimulus money chasing a limited supply of goods almost everywhere you look.
China, Iran expected to sign 25-year accord, Iranian state media says
Chinese Foreign Minister Wang Yi arrived in Iran on Friday for a visit that Iranian state media said would see the signing of a 25-year cooperation agreement between the two countries, which are both under U.S sanctions.
Britain is in danger of repeating its post-war mistakes
With few exceptions, the tribe of academic scientists and hospital doctors which now controls our government has literally never heard such arguments. Their worldview is a top-down one: they assume things happen because somebody ordains that things happen. Spontaneous order is a foreign concept to them. This is surprising, given that it is the essence of evolution, but when it comes to society they are in thrall to intelligent-design theories. They are political creationists.
The coming oil shortage – Part II
The oil price crash on the back of the COVID-19 lockdowns has accelerated the coming supply crunch. Both national and international oil companies have slashed CAPEX and maintenance spending, which will accelerate decline rates and US shale drillers finally focus on profitability instead of growth. Current longer-dated oil prices are too low to give enough incentive to oil companies to invest in badly needed future oil production.
Affiliate Link
Self-Trade Bitcoin & Physical Gold in Your IRA / 401K
Store physical gold, silver, and bitcoin tax-free in the #1 self-directed IRA platform in America. Low cost, 24/7 trading with bleeding-edge technology.
Sign up today to get your 1st month free!