In this post, we’re going to discuss the national debt, that crossed $35 Trillion this week. In particular, we will discuss the tipping point of when the national debt spirals out of control, and we see a complete collapse of the dollar. Now the US national debt recently crossed over $35 trillion dollars. This is…
Gold $3000? In this post, I want to discuss why there’s a good chance that we will see $3,000 gold in the next 6-12 months. Now the first reason and probably most important is central banks buying up gold in massive quantities. In the first quarter of 2024 central banks bought 290 tonnes of Gold,…
In today’s post, we’re going to discuss the problems in the US Economy, why there shouldn’t be a September rate cut, and why gold and silver are one of the best ways to protect oneself from a variety of issues. We will see there seems to be mixed messages coming in regard to the economy. …
In this post, I want to discuss the idea that’s there’s not much time left to accumulate gold and silver at reasonable prices. Now this is an important topic and my goal in this article is not to tell you what to do or how much to buy, but to give you the information so…
In this post, I want to discuss the strength or lack of strength in United States banks. We’ll dive into several issues with the banking model and why today we’re at much bigger risk of a bank run than ever. Just recently a report came from the FDIC showing 63 problem banks in the US….
Today I want to discuss modern monetary theory an offshoot of Keynesian economics. In this post, we will discuss what it is and why it became popular, and why its impact is going to be devastating for the US economy. Most importantly, we’re going to discuss why its demise will get us back to sound…
In this post, we’re going to talk about the national debt as well as whether President Biden or former President Trump added more to the national debt. In addition, we’ll look at some numbers that highlight just how much worse the situation has become in the Unted States. Now on the 6/25 debate between Trump…
Welcome to Common Sense Finance. In this post I want to talk about something that has gotten a little bit of attention, but I think most people are just kind of ignoring it. This is the unrealized capital gains tax that has been proposed by the Biden administration. Generally, a capital gains tax is a tax on…
In this episode, I want to discuss the possibility of the United States implementing price controls. In this post, we’re going to discuss price controls, why they could come and how that could affect the US economy. Later in the post, I’m going to discuss why having an item that can be bartered, like silver,…
In this post, we’re going to discuss whether silver or gold is better in a SHTF scenario. We will discuss why people flock to precious metals during tough times, advantages of having gold and silver, and factors to consider. Why do people flock to precious metals during bad economic times? Simply stated, both gold and…
