In November 2020 the US trade deficit was $68.1 billion. Paid in gold the US would have to send 2.45 million pounds or 35.77 million ounces per month to foreign countries to cover the deficit. The US currently has $484 billion or 262 million ounces in gold. Fort Knox alone has 147 million ounces of …
I’ve never been a fan of Mencken’s sentiment that American politics is the greatest show on earth* but Joe Biden’s continuing use of “come on man”, especially in this clip, is pretty hilarious. Just the look on his face, an American president on his first day in office, giving the old ‘come on man’ to …
Mr. Friday Night Movie Reviews Signs of Humanity. We Are All Homeless Productions. Free on Amazon Prime****4 of 4 stars
James Tissot, Young Woman in a Boat On the destruction of American Civilization The boiling frog analogy, as trite as it is, is a great way to understand what is going on. A quote from ol remus:
Protest gold, written by Darren Nesbitt/Darren Smith of Manchester England. Here is the video, with chords and lyrics below. (Note that Mr. Smith plays it in the key of A. I transcribed it in G…if you want to play along to the video put the capo on the second fret.) You can play it fast …
From NBC News: WASHINGTON — President Donald Trump said he will no longer hold a large, in-person Republican convention in Jacksonville, Florida, because of the coronavirus but will hold virtual events and still give an acceptance speech. “I told my team it’s time to cancel the Jacksonville, Florida, component of the G.O.P. Convention. We will …
Trump Cancels In-Person Republican Convention in Florida Read More »
Summary: “The U.S. budget deficit…will be at least $4 trillion in total, which is $2.6 trillion more than the peak suffered under the Great Recession.” “32 million people collecting unemployment insurance as of June 27th” “Of course, our central bank has destroyed capitalism by ensuring the businesses that still make typewriters and white-out can continue …
The dollar is at 95.12 today, down .73%. I usually wouldn’t comment on this but if it goes below the March low of 94.61 this is going to get ugly quickly. Inflation is already surging for everything – houses, cars, boats, RV’s, even used guitars – see my recent article here. But what will really …
The trend is clear – prices rising rapidly for everything. How long it lasts will be a function of how fast the Federal Reserve wants to drive American civilization into the earth. Right now, warp speed is moving too slow for them. An apt analogy would be like jumping off a cliff, and rather than …
Freeman’s Perspective has an article here with these interesting quotes from men who have walked on the moon: It was to me like I was just sitting on a rocking chair on a Friday evening, looking back home, sitting on God’s front porch, looking back at the Earth; looking back home. It was really that …
“Let us not talk falsely now, the hour is getting late.” I keep seeing the idea that what the Fed is doing is creating ‘moral hazard’. But what they’re doing is not moral hazard – it is a war crime. They’re not helping Americans in any way, and are instead actively destroying them and their …
A digital currency is cat nip to central planners. They can’t resist this temptation. The future holds even less power for individuals and more power for the government, and the ability to gain more power over the people through the use of a digital currency is almost unlimited. Certainly the plans have been made, the …
“Typhoid raged all summer, smallpox all winter, malaria at all times of the year.” I haven’t written about the affects of Covid mainly because government, once it has all the power, can do anything it wants. It is almost of no interest, as the lock downs are but one in a string of heinous things …
Bill Cunningham New York I don’t have any interest in New York street fashion but what was interesting was the man behind the lens – Bill Cunningham, a long time street fashion photographer for the New York Times.
Government takes over the economy The latest headline from marketwatch.com: “Service side of the U.S. economy crashes in April to recession levels, ISM shows” “Only two of the 18 service industries tracked by ISM — government and finance — grew in April…The other 16 industries all shrank.” This data shows what is happening – the …
This recent study analyzed the top 100 pop hits from 1965 to the present day, noting instances of positive emotions and negative emotions. The authors included these beautiful charts, which tell the story of America. Here is the chart showing the rise of negative emotions:
Here are June’s stats for my zip code in North Florida. The number of listings is falling off a cliff as prices rip higher. Average list price went from 400k to 589k, up 45% from June 2019 to June 2020. Average sale price went from 293k to 335k during the same time period. An average …
I used to see much more support for Trump. The supporters believed. They believed he was going to do some such thing that they supported – shut out immigrants, reform an industry, arrest people, drain the swamp etc. Whatever it was, they really believed. Now I see much less believin’. He had 3 years to …
