The 100 Percent Gold Tradition

Half-Way Into Fiscal 2026, US Budget Deficit Is 11% Lower Than 2025, But It's About To Get Much Worse While not as dire as previous years, the US budget deficit remains a ticking time bomb. There was some good news and some not so good news, when the Treasury reported the monthly revenue and outlays for the month of March.  First the good news: The US federal government reported that the March budget deficit rose $4 billion or 2% ​to $164.1 billion from $160.5 billion a year ago, and higher than the $153.3BN...

The Kohn Solution For An Uncertain Fed Via RealInvestmentAdvice.com, Dario Perkins of TS Lombard wrote a piece titled “How to Respond to Oil Shocks.” His analysis draws on the Fed’s history to address how it should respond to today’s oil shock. While researching Fed transcripts from the 1990 Gulf War, he discovered a proposal by Don Kohn, senior Fed staffer, that offers a solution to the central bank’s oil shock problem: nominal GDP targeting. Kohn’s logic is straightforward and makes sense in the current environment where the Fed is contemplating monetary policy as...

Centrus Energy Signs Billion Dollar Contract With DOE For Uranium Enrichment Following up from the announcement earlier this year when the Department of Energy (DOE) chose multiple companies to receive grant money for restoring domestic uranium enrichment capacity, Centrus Energy has now finalized a contract valued over $1 billion (including options). "Centrus is competing for funding from the U.S. Department of Energy to expand U.S. enrichment capacity." Competing with whom? How much you need? $5BN? $10BN? $20BN? Done https://t.co/i1t7vf3bdl — zerohedge (@zerohedge) August 25, 2025 Centrus will transition the existing cascade at their Ohio plant...