The key takeaway here is that over the long term, all commodity prices fluctuate around the average cost of production.

When a commodity such as hogs trades at significantly more than the cost of production, you can count on producers to flood the market to take advantage of those high prices. When the new product hits the market, it typically collapses the price, perhaps considerably below the cost of production. The market regularly goes from […]

Coronavirus came from a Chinese lab and no vaccine will ever cure it, declares renowned scientist

In his book entitled, Cina COVID 19: La Chimera che ha cambiato il Mondo, which translates as “China COVID 19: The chimera that changed the world,” Tritto explains how a People’s Liberation Army (PLA)-owned coronavirus was genetically modified to become the China Virus that is being reported around the world today. He says the novel virus […]

America, You’ve Been Blacklisted: McCarthyism Refashioned for a New Age (by John W. Whitehead)

It doesn’t even seem to matter what the issue is anymore (racism, Confederate monuments, Donald Trump, COVID-19, etc.): modern-day activists are busily tearing down monuments, demonizing historic figures, boycotting corporations for perceived political transgressions, and using their bully pulpit to terrorize the rest of the country into kowtowing to their demands. All the while, the American […]

The Pharmaceutical Narrative is Failing. And a group of doctors is helping push it over the edge. (Bretigne Shaffer)

The influence that the pharmaceutical industry wields over media outlets is no secret. As of 2018, an estimated 70% of all news advertising in the US came from pharmaceutical companies. I have written elsewhere about how “reporting” on medical issues can be difficult to distinguish from outright marketing for drug companies. Social-media platforms are not immune to […]

A coming crisis will likely be triggered by a collapse in the dollar’s value and a rejection of the dollar’s world reserve currency status. (Ron Paul)

The economic collapse will be worse than the Great Depression. This will result in widespread violence along with government crackdowns on liberties, accelerating the US slide into authoritarianism. The only way to avoid this is for Congress to make drastic cuts in spending — starting with defunding the military-industrial complex — and to audit then […]

Inflation will come when people lose confidence in the dollar and suddenly dump dollars for any hard assets they can find.

Money velocity will accelerate but it won’t be into consumer goods. It’ll be into hard assets that hold their value over time, gold in particular. In other words, the best leading indicator of inflation won’t be found in the grocery store or at the gas pump. It’ll be found in the dollar price of gold. When gold […]