"A strong body makes the mind strong. As to the species of exercises, I advise the gun. While this gives moderate exercise to the body, it gives boldness, enterprise and independence to the mind. Games played with the ball, and others of that nature, are too violent for the body and stamp no character on the mind. Let your gun therefore be your constant companion of your walks." -- Thomas Jefferson

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Remember all the collusion stories we wrote about the Federal Bureau of Investigation (FBI) and its efforts to control free speech through social media infiltration?

Tags: COMPUTERS/INTERNET/AI, COVER-UP/ DECEPTIONS/ PROPAGANDA, CURRENT EVENTS, DICTATORSHIP, POLITICS/ ELECTIONS/ CORRUPTION
These freaks are playing chicken with armageddon weapons, and nobody’s got a foot anywhere near the brake pedal. They’re not even looking at it. They’re not even thinking about it.
Tags: RUSSIA/ UKRAINE /BELARUS /CRIMEA, WMD
Regardless of one’s view of Donald Trump, it is a disturbing development in our society when justice is treated more like a football game where you root for your “team” rather than a way of…
Tags: POLITICS/ ELECTIONS/ CORRUPTION
Thankfully, in Florida the Second Amendment isn’t treated as a second-class right or a privilege to be doled out by the State...
Tags: RIGHT TO BEAR ARMS

Consumer sentiment, a gauge of Americans’ economic perceptions, is at a six-month low, according to a closely watched index by the University of Michigan.

Tags: CONSUMER RIGHTS / PRODUCT REPORTS, CURRENT EVENTS, ECONOMY

Historic inflation is causing declining living standards and a cost-of-living crisis. Under Biden’s presidency, grocery prices have increased by nearly one-third and gas has risen by 50…

Tags: CONSUMER RIGHTS / PRODUCT REPORTS, CURRENT EVENTS, ECONOMY, POLITICS/ ELECTIONS/ CORRUPTION

This incident highlights the importance of responsible firearm ownership and the role it can play in personal and community safety.

Tags: RIGHT TO BEAR ARMS

Humanity’s best bet for success is liberty with responsibility, free markets and meritocracy. All things we are trying to preserve, and all things that leftists want to blow up.

Tags: CURRENT EVENTS, POLITICS/ ELECTIONS/ CORRUPTION

Analysis and breakdown of the themes and ideas that make Falling Down such a fascinating movie, and even more relevant today than it was in 1993. Analysis by…

Tags: COVER-UP/ DECEPTIONS/ PROPAGANDA, CURRENT EVENTS, ENTERTAINMENT, POLITICS/ ELECTIONS/ CORRUPTION
Even though economic conditions are still at least somewhat relatively stable, chaos is already erupting all around us. -- I can’t even imagine what things will be like once tens of millions of…
Tags: CURRENT EVENTS, ECONOMY
To those at the bottom of America’s economic pyramid, it feels like the economy has already collapsed. When you can’t afford to put a roof over your head and you barely have enough food to eat,…
Tags: ECONOMY

YouTube's excuse for behaving this way is that it simply wants to help it users "learn about the issues shaping the debate." In order to do that, one component of the effort involves "dealing with…

Tags: COMPUTERS/INTERNET/AI, POLITICS/ ELECTIONS/ CORRUPTION

According to FBI records from the National Instant Background Check System (NICS), April 2024 was the fifth highest on record for gun sales and background checks for that month.

Tags: CONSUMER RIGHTS / PRODUCT REPORTS, CURRENT EVENTS, RIGHT TO BEAR ARMS
Many outside the creator world also wonder if this is just the beginning of a bigger crackdown on gun content on the video-sharing platform.
Tags: COMPUTERS/INTERNET/AI, RIGHT TO BEAR ARMS

Is the U.S. economy really turning around? If you ask a small business owner, the answer is still no. One in four female small business owners has taken a pay cut in the past year, a new survey…

Tags: ECONOMY

Two Chicago men, Kawann Moore and Richard Pegue, face multiple charges after stealing chainsaws from a truck and leading police on a high-speed chase through the suburbs.

Tags: RIGHT TO BEAR ARMS
Corporate journalists have developed a specific set of rules that are used only when they write about guns or gun rights.
Tags: CORPORATE MEDIA, COVER-UP/ DECEPTIONS/ PROPAGANDA, RIGHT TO BEAR ARMS

Under Biden, gun control has been an issue since before he was sworn into office in 2021.

Tags: CURRENT EVENTS, POLITICS/ ELECTIONS/ CORRUPTION, RIGHT TO BEAR ARMS

From this standpoint, America’s National Debt challenge constitutes a political iron cage for Democrat and Republican legislators alike.

Tags: CURRENT EVENTS, ECONOMY, POLITICS/ ELECTIONS/ CORRUPTION

President Joe Biden has done everything he can to foist gun control on the American public, whether anyone wanted it or not.

Tags: RIGHT TO BEAR ARMS

Maybe we should rephrase the slogan to you’ll appear to own things you don’t actually control and be happy. Does that generate the…

Tags: CONSUMER RIGHTS / PRODUCT REPORTS, COVER-UP/ DECEPTIONS/ PROPAGANDA, CURRENT EVENTS, DICTATORSHIP

They knew what we are experiencing today was inevitable. That government naturally evolves to seek unbridled growth and total power over the people.

Tags: COVER-UP/ DECEPTIONS/ PROPAGANDA, CURRENT EVENTS, DICTATORSHIP, POLITICS/ ELECTIONS/ CORRUPTION

When I was a kid, my father insisted I follow the Four Rules with even toy guns.

Tags: CORPORATE MEDIA, COVER-UP/ DECEPTIONS/ PROPAGANDA, RIGHT TO BEAR ARMS

This is a very bad time for those that work in the real estate industry.  Thanks to the Federal Reserve, mortgage rates are much higher than they were a couple of years ago, and this has…

Tags: CONSUMER RIGHTS / PRODUCT REPORTS, ECONOMY

As the political climate heats up surrounding gun control and legislation, more Americans are buying firearms today than six years ago.

Tags: CURRENT EVENTS, RIGHT TO BEAR ARMS

There’s no effort to track patterns. Even if there were, finding where a gun was originally purchased is only useful, at best, in a handful of cases.

Tags: COVER-UP/ DECEPTIONS/ PROPAGANDA, CURRENT EVENTS, RIGHT TO BEAR ARMS

I never imagined that we would ever see a time when it takes $177,798 for a family of four to live comfortably in the United States.  Unfortunately, that day has arrived.  Our leaders…

Tags: CONSUMER RIGHTS / PRODUCT REPORTS, CURRENT EVENTS, ECONOMY, POLITICS/ ELECTIONS/ CORRUPTION

Today, the world is dominated by ultra-powerful governments, ultra-powerful banks and ultra-powerful corporations.

Tags: CURRENT EVENTS, ECONOMY, POLITICS/ ELECTIONS/ CORRUPTION

I have a great idea.  Let’s wildly print money, let’s systematically destroy the reserve currency of the globe, let’s add a trillion dollars to the national debt every 100 days, let’s…

Tags: ECONOMY, POLITICS/ ELECTIONS/ CORRUPTION
The ninnies of Bidenworld seem to not understand that by subjecting Mr. Trump to a kangaroo court they’ve made him the kind of outlaw that Americans revere above every other archetypal hero.
Tags: CURRENT EVENTS, POLITICS/ ELECTIONS/ CORRUPTION

One very important argument Gun Owners for Trump cannot over-emphasize is that the president makes federal court nominations, including the Supreme Court, where vacancies are almost certain to…

Tags: RIGHT TO BEAR ARMS

We assume that, because we were allowed to vote for our leader, he must actually be our leader.

Tags: COVER-UP/ DECEPTIONS/ PROPAGANDA, CURRENT EVENTS, DICTATORSHIP, POLITICS/ ELECTIONS/ CORRUPTION
Israel carried out a brutal two-week siege of the hospital in March,…
Tags: CORPORATE MEDIA, COVER-UP/ DECEPTIONS/ PROPAGANDA, CURRENT EVENTS, ISRAEL, TORTURE/ WAR CRIMES, WAR/DRAFT/ VETERAN AFFAIRS, WHITE HOUSE, WMD

The Fed is already insolvent. Here’s how we think this plays out

by James Hickman via Schiff Sovereign

On Tuesday, September 15, 1992, the two most powerful financial officials in the British government held an urgent meeting that night to review their plan for when the markets opened the next morning.

The tone of the meeting must have felt frantic… even desperate… because the value of the British pound had been falling for weeks.

Investors and speculators were rapidly losing confidence in the UK government, mostly due to the ridiculous “Exchange Rate Mechanism” (ERM) which essentially pegged most European currencies to the German Deutschemark.

Rational investors viewed the ERM as an almost comical impossibility.

Germany’s economy was light years ahead of everyone else. Germany had vastly higher productivity, far greater savings, low inflation, high growth, and much more responsible monetary policy.

So, to even pretend that a country like Italy or even Britain could fix its exchange rate to the Deutschemark, i.e. to essentially mirror Germany’s economic performance– was a total joke.

Britain joined the Exchange Rate Mechanism in October 1990. Prime Minister Margaret Thatcher had spent years trying to keep Britain out of the ERM, viewing it as giving up national sovereignty.

But Thatcher was about to retire. And the new batch of leaders insisted that pegging Britain’s economy to Germany was the way forward.

Their experiment didn’t even last two years. By the summer of 1992, inflation in Britain was more than 3x German’s. Plus, Britain had a major budget deficit.

Financial speculators correctly recognized, given the massive disconnect between the British and German economies, that Britain would not be able to maintain its fixed exchange rate with the Deutschemark.

So, traders began short selling the British pound, i.e. betting that the value of the pound would fall because the British government would devalue its currency.

The sell-off reached a crisis on September 15th, when the head of Germany’s central bank suggested to the Wall Street Journal that weaker countries (like Britain) would have to devalue their currencies.

That’s what led the British Chancellor of the Exchequer and head of the Bank of England– the two most powerful policymakers in British government finance– to meet that evening.

They knew that the German central bank’s comments would encourage even more traders to dump the British pound. So, the two men pledged to do ‘whatever it takes’ to defend the pound and defeat the speculators.

It didn’t work.

The following morning on September 16th, the Bank of England did everything it could. They raised interest rates, they bought back pounds, they bought government bonds, they made all sorts of outlandish promises.

But speculators didn’t believe any of it. They could see the numbers, and they knew that the Bank of England simply didn’t have the financial resources to maintain such an unrealistic exchange rate.

One of those speculators was George Soros, who famously bet $10 billion against the British pound… far exceeding the Bank of England’s financial resources.

By the end of that day, the British central bank had exhausted its capital and was essentially bankrupt. The British government had to bail them out to the tune of 3 billion pounds, and then announce that they were formally leaving the ERM– proving the speculators right.

This is an important story to understand, because it’s likely that something similar may happen to the Federal Reserve and US dollar over the next several years.

The Federal Reserve is already insolvent.

Within the next several years there could be some Chinese or Russian financier who becomes known as “The Man Who Broke the Fed”.

This isn’t sensational. The Fed is already insolvent by $900+ billion, according to its own financial statements. Social Security is insolvent. The US government is insolvent by tens of trillions… and they further anticipate the national debt to grow by $20 trillion over the next decade.

These are facts, not fantasies.

And this is why it makes so much sense to hedge these risks by owning real assets which are scarce, valuable, and uncorrelated to the US dollar.

Gold is a great example. And as we’ve argued before, even though it’s already near its all-time high, we believe it can go much higher from here.

More on that soon.