QUESTION:  I’m a subscriber and I read you every day. Your weekend article 9/10/22 that a gold standard will not work as gold fluctuates just as Fiat currencies do. Then what in your opinion is the proper currency model, or can we just simply keep printing dollars endlessly because for now, we’re the least dirty […]

ASIA: The Biden administration plans to expand restrictions on US shipments to China of semiconductors used in artificial intelligence and chip-making tools next month, Reuters reported. The Commerce Department intends to publish new regulations based on restrictions announced earlier this year in letters to three US companies – KLA Corp, Lam Research Corp and Applied […]

California sent out an emergency public notification to warn residents that the power grid was under a strain. Since people are likely unwilling to turn off their power during the summer heat, California is concocting “de-energization” plans. Simply put, California plans to temporarily turn off the power grid in the name of public safety. This […]

Well, the Goldbugs are out in force claiming that Putin is creating a Moscow World Standard for gold. These people will never learn that their dream of some fixed gold standard has always collapsed throughout history. They have never played in the big leagues and consequently, they do not even understand the rules of the […]

The Ukrainian army is at least one-third larger than it was last year and some claim it has doubled in size. They have been concentrating their effort, not on the Donbas, but on Ukraine’s Kharkov region. The Russian Defense Ministry has confirmed that Russia has withdrawn its troops from multiple locations across Ukraine’s Kharkov region […]

Yet another head of the financial system is coming out and warning that a recession is inevitable. Deutsche Bank CEO Christian Sewing echoed the words of BoE’s Governor Andrew Bailey and blamed the coming recession on the war in Ukraine. “We will no longer be able to avert a recession in Germany. Yet we believe […]

ASIA: Japan’s economy grew more than initially reported in the second quarter, as the lifting of local COVID-19 restrictions boosted consumer and business spending. Gross domestic product (GDP) in the world’s third-largest economy expanded an annualized 3.5% in the second quarter, stronger than the preliminary estimate of annualized 2.2% growth, government data showed Thursday. The […]

Vladimir Putin believes that Washington is sacrificing Europe to maintain global dominance. The United States has always been the world police, and the top country that others turn to in times of crisis. America’s post-World War II status left it as the financial capital of the world, and the dollar has remained the world’s reserve […]

ASIA: US Trade Representative Katherine Tai suggested on Wednesday that punitive tariffs on Chinese imports will not drop until Beijing adopts more market-oriented trade and economic principles. Speaking at a discussion organized by the Carnegie Endowment for International Peace, Tai elaborated on US President Joe Biden’s economic strategy with regard to China, characterizing it as […]

The pro-war People’s Deputies of Ukraine Party are using Western funding to line their pockets. It has been reported that the average paycheck went from 28,800 to 49,600 hryvnia, and taxpayers in other countries will pay for their raises. This news came out shortly after CBS attempted to release a documentary that claimed weapon shipments […]