The Fed

The current banking crises have deep roots in US financial history. Monetary authorities have engaged in inflationary behavior for more than a hundred years.

As markets settle down after the last set of bank failures, political elites claim the crisis is behind us. But it is not over, not by a long shot.

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.

Mark explores precious metals.

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

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.

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