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In 1871, as the Reconstruction-era US federal government was growing ever larger, work began on a massive office building in Washington DC to house the growing departments of State, War, and Navy. It would become known as the SWaN building, and it was designed in the high fashion of its time—the grandiose and
When mining superintendent Marcus Daly arrived in Butte, Montana in the late 1870s to evaluate a cluster of silver prospects, it was a mundane business trip— the mad western gold rush was over by then. The area was known for its patchy silver veins, and Daly’s job was to decide whether there were
When you think of hyperinflation, you might picture Zimbabwe’s trillion-dollar bills, or wheelbarrows full of cash in the streets of 1920s Weimar Germany. More recently, Venezuela’s currency collapsed under the weight of runaway printing, and Argentina has spent decades lurching from one inflation crisis to another. Throughout history, inflation isn’t an exception—it’s the
Barrick Mining Corporation—one of the world’s largest and most established gold producers—just reported its third quarter earnings yesterday— and it was an absolute blowout. The company reported third quarter profit of $1.3 billion, nearly triple last year’s Q3 earnings. And for the first nine months of 2025, Earnings per Share is up a
By the autumn of 1648, England had been embroiled in a chaotic and bloody civil war for more than six years. Extreme ideological tensions in England had been building for decades over freedom of religion, plus the balance of power within government. King Charles was wildly unpopular. And a majority of politicians in
When the Fawley Refinery opened in southern England in 1921 as an offshoot of Standard Oil, the company deliberately kept a low profile. The project was a workaround for US and UK tariffs. So there were no speeches, no ribbon cutting, not much news coverage. One day there was no refinery, the next
The US hostage crisis—also known as the government shutdown—has been going on for a month now. I’m all for limited government, but this shutdown feels incredibly vindictive, petty, and wildly unprofessional. When politicians can’t manage to compromise on something as basic as keeping the government open, it’s just a really bad look. Plus,
Leftists certainly have an interesting command of the English language. Minnesota governor Tim Walz, former VP Kamala Harris, Illinois governor JB Pritzker, etc. among many others have routinely referred to their political opponents— ranging from Trump, Trump’s voters, and conservatives in general as “Nazis”. Multiple CNN “experts” have called Trump a Nazi. Ditto
George Villiers should have been a nobody. Born into a minor family from an irrelevant English village far from London in the late 1500s, young George grew up with no real prospects for his future. But he did have one thing going for him: according to reports at the time, George Villiers was
Protestant firebrand and political activist Hugh Latimer must have known he was risking his life when he stepped into the pulpit at St. Paul’s Cross on January 12, 1549. His sermon that Sunday morning was hardly religious in nature. Rather, Latimer publicly expressed the view– the deep, deep frustration– that nearly all Englishmen
In October 2024, a sitting justice of the New Hampshire state Supreme Court, Anna Barbara Hantz Marconi, was indicted on seven criminal charges related to corruption and abuse of power. According to prosecutors, Justice Marconi abused the immense power of her office to squash a separate criminal investigation that had been initiated against
In light of this week’s roller-coaster gold ride, I thought it would be useful to turn once again back to the lessons of history and revisit what we discussed recently about the 1970s. Foreign governments and central banks around the world had been becoming increasingly concerned about the US government’s outrageous fiscal deficits
It was only ten weeks ago that the US national debt crossed $37 trillion for the first time. Now, less than three months later, the national debt is set to surpass $38 trillion this week. That’s a simply insane rate of increase— another $1 trillion added to the debt in just ten weeks.
In 1828, a proposal came before the US House of Representatives to provide some money to the widow of a deceased naval officer. The woman’s husband had died in service to the country, and tragically she had been left penniless. So the request wasn’t outrageous—just a small pension to help the bereaved widow
A little over a month ago, in early September, after careful analysis and detailed study, my team and I reached an important conclusion. And we started telling our audience almost immediately. Gold had just crossed $3,500 per ounce, silver had just crossed $40, and many gold and silver mining companies had experienced astonishing
