The metaverse is the latest technology frontier that banks are just starting to explore. Zuma Press, Inc. / Alamy Stock Photo A bank client attaches her ‘non-fungible token’ personal identity to a digital wallet, containing both traditional money and cryptocurrencies, and accesses decentralised financial investments via the metaverse. Despite the unfamiliar terminology, this is not science fiction. This is a new type of banking that is already active in conservative...
Read More »Zur Lage: Fragen, Fakten, Erkenntnisse, Konsequenzen – eine Auswahl
Wer die Geschichte nicht kennt, wiederholt ihre Fehler. Wer sie kennt, muss zusehen, wie die anderen [jene, die die Geschichte nicht kennen] die Fehler von Früher wiederholen. Es ist kaum auszuhalten. Täglich werden die vom Mainstream-abhängigen Leute mit Lügen, einseitigen Narrativen, unvollständigen Berichten und salbenden Worten in einer Blase der Wirklichkeit gehüllt, wie sie schon Truman Burbank in “The Truman Show” vorgesetzt wurde. Ich werde ein paar Fragen...
Read More »Why the “New World Order” Is Impossible to Implement without Creating Mass Chaos
The events of the last few years have resurrected a recurring worry among people mindful of their liberty, property, and personal dignity. This worry centers around the prospects of the emergence of the notorious “new world order,” a worldwide totalitarian plot hatched by globalist “elites” intent on destroying the surviving remains of free speech, free enterprise, and free thought. Before asking how justified such worries are, let us note that the “new world order”...
Read More »US Dollar Soft while Consolidating Yesterday’s Drop
Overview: The US dollar is consolidating yesterday’s losses but is still trading with a heavier bias against the major currencies and most emerging market currencies. The US 10-year yield is soft below 2.77%, while European yields are mostly 2-4 bp higher. The peripheral premium over the core is a little narrower today. Equity markets, following the US lead, are higher today. The Hang Seng and China’s CSI 300 rose by more than 2% today. Europe’s Stoxx 600 gained...
Read More »Markt ist auf der Suche nach dem nächsten Dogecoin
Die Meme-Coins haben der Reputation des Marktes nicht unbedingt geholfen. Mehrfach kam es hier zu Pump & Dump Rallys, die den Markt zu einer Lotterie machten. Dennoch haben diese Cryptocoins auch etwas Gutes: Sie brachten neues Kapital in den Markt. Crypto News: Markt ist auf der Suche nach dem nächsten DogecoinIn der aktuellen Bärenphase ist es jedoch auch ruhig um die Meme-Coins geworden – Shiba Inu und Dogecoin zeigten keine sprunghaften Kursbewegungen. In...
Read More »Will Silver Prices Go Up to $300?
This week’s guest is so bullish on silver that he’s even written a best-selling book ‘The Great Silver Bull’ where he takes an in-depth look at why silver will outperform gold once again and even go as high as $300 an ounce. Author and investments editor Peter Krauth joins Dave Russell on GoldCore TV to discuss the silver price, silver’s future and how industrial demand will continue to grow, outstripping supply. Silver’s a big theme for us at the moment, look out...
Read More »Buy Gold, Because…
The coin which helped win the gold vs bitcoin debate at the Soho Forum Photo credit: the author It’s pretty, isn’t it? Gold, Liquid Gold, and Inflation Gold has a unique appearance. It is also astonishingly heavy—much heavier than it has any right to be. It’s just an inch and a quarter in diameter yet weighs 0.075 pounds. Everyone should hold one in his hand (and own a few). But that’s not why many gold analysts today are saying you should buy gold. They are saying...
Read More »A Most Peculiar Recession
So what are conventional pundits missing today? I would start with three dynamics. Only old people experienced real recessions–those in 1973-74 and 1980-82. Recessions since then have been shorter and less systemic. In the good old days, a recession laid waste to entire industries which never recovered their previous employment. People who were laid off couldn’t find another job. Major sectors of the economy dried up and blew away. Jobs were scarce and there was an...
Read More »Hackers to put latest Swiss e-voting software to the test
E-voting: for opponents unsafe, for supporters a way to boost voter turnout. © Keystone / Jean-christophe Bott The Swiss Post’s e-vote system is opening itself to attacks by ethical hackers in an effort to weed out security flaws. The window for the test runs until September 2, during which time hackers will be able to launch attacks on the source code under realistic conditions, Swiss Post said on Monday. Sample voting cards will be provided to the hackers, who will...
Read More »The Origin of the Income Tax
“The freedoms won by Americans in 1776 were lost in the revolution of 1913,” wrote Frank Chodorov. Indeed, a man’s home used to be his castle. The income tax, however, gave the government the keys to every door and the sole right to change the locks. Today the American people are no longer the master and the government has ceased to be the servant. How could this be? The Revolution fought in the name of the inherent natural rights to life, liberty and the pursuit of...
Read More »