The Seen and the Unseen Cost of a Government Grocery Discount

The Fog Of Oil Authored by Matthew Piepenburg via VonGreyerz.gold, War, oil and gold are making headlines of late for overlapping and independent reasons. Below, we avoid the guesswork, finger-pointing or sensationalism attendant to current headlines concerning Iran and stick to a theme which offers some clarity, namely the interplay of oil and gold. The Fundamentals Stay the Same For years, of course, we have tracked the fundamental drivers which impact the gold price (from DXY debates, inflation signals, and de-dollarization headlines to COMEX outflows). All of these complex signals and themes ultimately boil down to a simple realization:...

n October of 2002, the night before the U.S. House voted to go to war in Iraq, my sister Beverly called to tell me a Knoxville television station had conducted a poll and found that 74 percent in its viewing area were in favor of the war, 9 percent were opposed, and 17 percent were […]

Japan's Landmark Vote Reclassifies Bitcoin And Crypto As Financial Assets Authored by Micah Zimmerman via The Epoch Times, Japan’s parliament passed an amendment on Wednesday that reclassifies cryptocurrency as a “financial asset,” a shift that pulls bitcoin and other digital assets out of the country’s payments regime and into the framework that governs stocks, bonds, and investment trusts, according to a report from public broadcaster NHK. The change strips crypto of its prior status under the Payment Services Act, where regulators treated it as a means of settlement, and folds it into the Financial...