The Fed

If the dollar does lose its position as the global reserve currency, it will be catastrophic for the American economy.

Despite all of the supposed safeguards to prevent bank failures, banks still fail. Perhaps the so-called safeguards are causing much of the trouble.

While progressive lawmakers blame the current banking crisis on regulatory issues, the Fed's easy money policies have been the real problem.

Mark explores precious metals.

A generation ago, the Berlin Wall fell and the USSR collapsed. Today, US monetary authorities are bringing down our own country.

Like the arsonist who then heroically fights the fire he set, the Fed is increasing its efforts to bail out banks both at home and abroad. This does not end well.

While progressives are claiming the collapse of Silicon Valley Bank was due to poor regulation, the real problem is the easy money policy of the Fed.

Political money is unsound money, and while civilization cannot exist without sound money, it can do without predatory government.

Mark is not fooling around today. He looks at gold and its price as indicators of what governments are really up to.

Bob is joined by guest Peter St. Onge to discuss how SVB's CEO, as well as Bernie Madoff, had key positions advising the Fed and SEC.