Your gateway to a free society
Article
Gold At $155,000 An Ounce
Gold At $155,000 An Ounce
Submitted by QTR's Fringe Finance
The fellas over at Zero Hedge put up a Tweet last week that floated a wild monetary thought experiment: they said Treasury Secretary Scott Bessent could theoretically “buy back” our roughly $40 trillion in U.S. government debt using cash from the Treasury General Account.
There would just be one small detail standing in the way…the government would first have to re-mark its gold reserves to somewhere around $155,000 per ounce.
If you’re not familiar with the concept, it probably sounds outright insane. But the basic...
aboutLiberty Portal
Liberty Portal is your gateway for free markets and free thinking. We aggregate open-sourced content to promote and popularize important people and lessons within the liberty movement.
suggested
Apr 6, 2026 / Tyler Durden
US Oil Premiums Hit Record High As World Scrambles For Crude
US Oil Premiums Hit Record High As World Scrambles For Crude
By Charles Kennedy of Oilprice.com
The premiums for U.S. West Texas Intermediate crude have soared in the spot market to a record high of between $30 and $40 per barrel above key regional benchmarks as Asia and Europe scramble for supply amid the de facto closure of the Strait of Hormuz.
WTI Midland is being offered for July delivery in north Asia at premiums of between $30 and $40 per barrel, depending on the benchmark against which they are marked, trading...
Read more
Jul 30, 2026 / Tyler Durden
Jim Rickards Slams Tech Bros Running The Marxist Playbook
Jim Rickards Slams Tech Bros Running The Marxist Playbook
Authored by James Rickards via DailyReckoning.com,
Can Marxism offer a framework for understanding artificial intelligence (AI) and the tech bros behind it?
This is not to suggest that Marxism is a viable economic system or a practical alternative to capitalism. It’s not. But Karl Marx was a heterodox economist before he became an ideologue, and some of his ideas are powerful tools for understanding economics, even if his overall program was a failure.
Let’s use some of those tools to understand the rise of...
Read more
Oct 6, 2026 / Tyler Durden
Iran Seeking To Increase Range Of Missiles: 'Keep Enemy At Greater Distance'
Iran Seeking To Increase Range Of Missiles: 'Keep Enemy At Greater Distance'
Just days ago President Trump told a Republican audience at a rally that Iran "is ready to fold up," and again expressing his belief the war will end "right after the election," though he also said "maybe before the election" - in reference to the midterms.
But Tehran on Monday is seeking to reassert its defiance and military readiness in the wake of Trump threats, announcing that the "enemy's next mistake" is going to "bring new fronts and surprises" -...
Read more
support
If you like what we do and want to support us, then you are a fine humanitarian. Click the link below to find out more.
Support the liberty movement
Want to get in touch?