Wednesday Yes, price inflation is now in our near future. Too much hope and false promise has been invested in solar and wind power scams and too much exploration capital has been denied the oil companies by banks with Green shareholders. If that falling oil production meets increased demand, and there is a 40% rise in oil demand predicted for the next decade, … [Read more...]
Wealth Creation and Destruction
Monday It does not take a degree is miserableness to note that the world is in a bad place. This is exacerbated by the fact that we are ruled by those of undistinguished intellect. Theresa May, Justin Trudeau, Emmanuel Macron, Angela Merkel, Jacinda Ardern (what were the Kiwis thinking?) and Nicolas Maduro; the list could go on and on. At a point in history … [Read more...]
Prepping
Wednesday A discourse by Dr. Keith Weiner on an important subject. Imagining that one can ‘prep’ and thus be spared the consequences of capital destruction and debt collapse is misguided. Only the speedy return of Gold to circulation can get us out of this mess. Like it or not, we are all in this together. The idea of a small handful of smart preppers surviving, while … [Read more...]
The Sage of Szombathely
Sunday For almost seventeen years the world has lived with the threat of the imminent collapse of the paper debt notes system. It has been a fascinating period in humanity’s history. I spent part of the time in the US and part in Europe, just observing the process in the primary spheres of western civilisation. Sure, there have been debt collapses before, with the … [Read more...]
Ponzi Civilization
Thursday We live in an age of threat. International debt collapse is inevitable, as is the concomitant collapse of the fiat ‘money’ that represents the debt. Only the timing is uncertain. Sabre-rattling nation states, desperately trying to distract their citizens from insurmountable economic and monetary problems, have led to a level of nuclear threat only exceeded by the … [Read more...]