Biden versus Bastiat

Circle Plunges Most Ever On Stablecoin Legislation, As Tether Prepares Full Audit Circle Internet Group, the issuer of the USDC stablecoin, plunged the most on record as investors reacted to potential stablecoin regulation changes that could make the firm’s cryptocurrency less attractive to large holders, as it would be stripped of interest payments. Concerns that a competitor is readying a move into the US market also hurt Circle’s share price. The stock declined as much as 22%, its steepest intraday drop ever, and leading losses across crypto-linked equities. Coinbase fell as...

I’ll give you my answer up front… NO! Trump’s claims on Monday and Tuesday that the US and Iran are talking is false in my opinion. During previous talks with Iran — including the last round in Geneva on February 26 — the communications were indirect. An Oman government official was the intermediary… He would […]

Gold's Biggest Fire-Sale In 43 Years: Perception Vs Opportunity Authored by Matthew Piepenburg via VonGreyerz.gold, If you are new to gold, or if you are a speculator in gold (or even worse, a levered speculator in gold), you are likely asking yourselves what in the “H. E. double tooth-picks” just happened to gold? It lost over 9% in the futures market in a single session and saw its worst week of price declines since February 1983. What gives? Gold loves chaos, and isn’t the current war, whatever you think of it, pure chaos? And...