News Archives

: Category: News Archives; Created: 16 March 2021; Hits: 436

Are governments going to pass tough legislation in regards to gold and Bitcoin ownership? How could this backfire? Join Mike Maloney and Jeff Clark as they discuss where this could be heading, and why it is all a result of what Ray Dalio describes as ‘stupid economics’.

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: Category: News Archives; Created: 16 March 2021; Hits: 403

The numbers: Sales at U.S. retailers fell 3% in February due to a lapse in government aid and unusually bad weather, but cash registers are expected to ring loudly again soon after Washington sent $1,400 stimulus checks to most Americans.

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: Category: News Archives; Created: 16 March 2021; Hits: 494

In this era of monetary fiction, one tends to read all types of undocumented and misguided views on monetary policy. However, if there is one that really is infuriating is the MMT (modern monetary theory) science fiction. One of its main principles is based on a fallacy.

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: Category: News Archives; Created: 16 March 2021; Hits: 582

March 16, 21 by John Jeffay

(IDEX Online) - VILLAGERS in south-eastern Zimbabwe claim they're being evicted from their homes to make way for gold and diamond mining - rather than dairy farming.

Over 12,000 residents of Chilonga Village, in Chiredzi, say the project proposed by President Emmerson Mnangagwa is a "cover story".

They say the real reason they're being removed is to allow large-scale mineral extraction in an area where recent surveys have identified "vast deposits of kimberlite diamonds and gold" as well as coal, scheelite and quartz.

They also say the mining project was rejected by President Mugabe in 2016, but he was reportedly against removing the Tshangani people from their ancestral land.

The government of Zimbabwe has published details of plans to evict 12,000 people to make way for a Lucerne grass production project by Dendairy, the privately-held producer of dairy products and fruit juices.

Pic shows villagers in Chiredzi...

Diamond News Archives

Stupid Economics - Why You Should Own Gold & Bitcoin NOW (not later)

U.S. Retail Sales Drop 3% in February before New Round of Stimulus Checks

MMT Is Fake Economics

12,000 Villagers Face Eviction for Zimbabwe "Diamond Mine"

Insider Alert - Mike Recently Made These Two Changes to His Portfolio