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~ Quotables ~ "The suspicions that the system is rigged in favor of the largest banks and their elites, so they play by their own set of rules to the disfavor of the taxpayers who funded their bailout, are true. It really happened. These suspicions are valid."~ Neil Barofsky
Morgana’s Treasure Chest
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Category Archives: Viewpoint
Long term holders of gold have a different perspective of the world. They are not believers in instant gratification. Nor do they believe that a world based on money printing and debt can create sustainable wealth. They also know that … Continue reading
Shut it down… Then Burn the Train!
Bitcoin is close to becoming worthless Just one year has passed since bitcoin enthusiasts forecasted that the cryptocurrency would hit a price of $1 million. But that was then. With the price of bitcoin having fallen almost 80% from its … Continue reading
“All the perplexities, confusion and distress in America arise, not from defects in their Constitution or Confederation, not from want of honor or virtue, so much as from the downright ignorance of the nature of coin, credit and circulation.” ~ … Continue reading
Q: How do you get your broker out of a tree? A: Cut the rope. ~ Common joke from October 1987 It was 31 years ago, on Oct. 19, that I watched a $300,000 stock portfolio begin to vaporize, with … Continue reading
The widely-accepted “history” of America’s Gilded Age was grossly inaccurate, but it told a compelling story that many fell for hook, line, and sinker…
In years of peace, Diocletian, with his aides, faced the problems of economic decay. To overcome depression and prevent revolution, he substituted a managed economy for the law of supply and demand. He established a sound currency by guaranteeing to … Continue reading