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Gold is on an unbelievable tear, now resting above $3,900 per ounce. And the reason is simple. Most foreign governments and central banks around the world have traditionally held the overwhelming majority of their strategic financial reserves in US dollars. And that made sense. The US dollar has been the
The government has shut down, and now the CDC has suspended “nonessential” functions, like providing guidance on HIV prevention. Yesterday, America understood that condoms prevent STDs. Today— who could say? The government is shut down. We are all lost. The Bureau of Labor Statistics won’t be able to release its
All eyes are on Washington to see if the government shuts down when the clock strikes midnight tonight. Funny thing is, most people aren’t really going to care—because all of the “essential” services will keep running. (Which makes you wonder: why do non-essential government services exist on the taxpayer’s dime
In the election of 1800, journalist James Callender once described presidential candidate (and then Vice President) John Adams as “a hideous hermaphroditical character, which has neither the force and firmness of a man, nor the gentleness and sensibility of a woman.” Adams’ opponent, Thomas Jefferson, was likewise smeared as “the
It was more than 2,500 years ago in ancient Athens when democracy first took root. And the ancient Athenians quickly realized that if they wanted to have a cohesive society, they needed to ensure the utmost trust in their institutions and in their government. This is why they developed a
Gold just hit another all-time high this week, briefly touching $3,800 per ounce… which means it has more than doubled in the last two years. When any asset continues hitting all-time highs, most people who haven’t bought it yet naturally believe that they missed out… or that they should wait
In December 1901, Guglielmo Marconi, a self-taught Italian inventor and pioneer of wireless telegraphy, stood on a blustery hilltop in Newfoundland and heard the faint, rhythmic taps of Morse code—the letter “S”—transmitted wirelessly from across the Atlantic. It was the first time a radio signal had crossed an ocean, proving
In 1976, a young immigrant named Osama Siblani landed in the United States, full of gratitude for his adopted new country. Siblani was escaping the brutal and bloody civil war that was tearing apart his native homeland of Lebanon, and America represented the peaceful haven of freedom and opportunity that
To the surprise of absolutely no one, the Federal Reserve announced its decision yesterday to cut interest rates… and kept the door open to further rate cuts in the future. The funny thing is that we’ll never truly know why. Sure, it’s possible that Fed officials honestly felt that the
US Senator Joseph McCarthy was in the middle of an otherwise boring speech at the Republican Women’s Club of Wheeling, West Virginia on February 9, 1950, when he pulled out a nondescript piece of paper from his jacket pocket. Waving the paper into the air for all to see, Senator
Like a lot of people, I first came across Charlie Kirk when YouTube’s algorithm started showing me short clips of him dismantling woke leftists at university campuses. Kirk used politeness combined with simple logic and reason to demonstrate what we all already knew: the Left has no idea what they’re
In the late third century BC, the Roman republic was locked in a long and brutal war with its mortal enemy, Carthage. Hannibal had only recently crossed the Alps with his legendary elephants and humiliated the Roman military at the Battle of Cannae in southern Italy. Yet in the midst
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