The underlying cause of real price inflation is linked to the expansion of the US Federal Reserve's M2 money supply, rather than conventional measures like the CPI. Gold and silver remain more reliable investments compared to fiat currencies, which inevitably devalue to zero over time.

Stupidity is not low intelligence. It is damage without gain to anyone involved.

I update my charts illustrating the price performance of gold and silver relative to inflation based on M2 money supply and CPI. Gold prices are notably above expected values, while silver, previously undervalued, has recently aligned with its fair market price but currently appears cheap for buyers.

The U.S. national debt stands at $40 trillion, with Federal Reserve liabilities at $6.8 trillion, stemming mainly from credit creation since the 2008 financial crisis. Historical analysis shows substantial increases in debt during major wars, suggesting that contemporary conflicts may lead to unprecedented levels of war and debt, impacting the economy and society.

Lobby appeals to prospective PM’s reindustrialisation agenda as it pushes for Rosebank and Jackdaw approval

The UK’s North Sea oil industry has made a last-ditch attempt to curry favour with the Labour government by appealing to Andy Burnham’s reindustrialisation agenda just days before he is expected to become Britain’s next prime minister.

Industry lobbyists have written to more than 400 Labour MPs to call on the government’s new leaders to allow more oil and gas drilling in UK waters to support homegrown energy and show “a commitment to UK manufacturing, industrial capability and the skilled workforce that has powered the nation for generations”.

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© Photograph: Rick Wood Photography/Alamy

© Photograph: Rick Wood Photography/Alamy

© Photograph: Rick Wood Photography/Alamy

A new study of the ancient Indus city of Mohenjo-daro challenges a long-held view of history by suggesting that prosperity did not lead to greater inequality. Unlike ancient Egypt, with its pyramids and powerful pharaohs, or Mesopotamia, with its ruling elites and monumental palaces, the Indus city of Mohenjo-daro left behind few obvious signs of [...]

The Oxford Institute for Energy Studies is one of the world's most respected institutions in energy economics. But its ideological commitment to the 'climate emergency' is now damaging its research, says Dr Tilak Doshi.

The post The Oxford Institute Letting Climate Ideology Bias its Research appeared first on The Daily Sceptic.

The National Emergency Briefing purports to be an "expert-led" forum on the 'climate crisis'. Its chosen economist, Angela Francis, however, is an activist with notable lacunae in her economics CV, says Dr Tilak Doshi.

The post Yet Another Climate Activist Masquerading as an Economist appeared first on The Daily Sceptic.

Top 10% generate climate and biodiversity damage bill that exceeds economies of most countries, say researchers

The environmental damage bill racked up by the highest-consuming 10% of the world’s population has reached up to $5.7tn a year – larger than the economy of every country except the US and China, a study has found.

Mega-consumers in this group are concentrated in the global north, accounting for more than half the population of the US and 40-45% of people in the EU.

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© Photograph: Francis R Malasig/EPA

© Photograph: Francis R Malasig/EPA

© Photograph: Francis R Malasig/EPA

Grasping a trillion-dollar wealth is almost unconceivable, but let's turn it into something perhaps more relatable.

AI subscriptions have a massive money problem.

It's not The Handmaid's Tale, though that could also come in handy.

Mariana Mazzucato’s new book setting out the case for ‘managed capitalism’ fails to address the risks of government over-reach identified by Friedrich Hayek (who isn’t even in the index), says Dr Tilak Doshi.

The post Mariana Mazzucato’s Latest Plea For Do-Gooders and Busybodies to Have Even More Influence Over the Economy is Predictably Unpersuasive (Unless You’re Ed Miliband) appeared first on The Daily Sceptic.

Some will question its credibility – but the alternative future to the one imagined in the Global Justice Report is far more bleak

• ‘An equal and habitable world is possible’: academics set out sweeping vision for planetary survival

In our increasingly dystopian world, who wouldn’t want to at least be open to a utopian antidote? The Global Justice Report, published on Thursday, outlines how to build a prosperous, equitable world within safe planetary boundaries. It’s a push from the modern eco-socialist left in a global battle for ideas that will shape the future.

Based on past social achievements and future energy transformation, it indicates that the overwhelming majority of people on the planet could, by the end of the century, work less and earn more – while keeping temperatures down and avoiding much of the current destruction of nature. It is an ambitious, comprehensive and upbeat plan, and a stronger argument around which to build a political campaign than abstract goals of net zero or decarbonisation.

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© Photograph: Emmanuel Croset/AFP/Getty Images

© Photograph: Emmanuel Croset/AFP/Getty Images

© Photograph: Emmanuel Croset/AFP/Getty Images

The Federal Reserve has now stopped quantitative tightening (QT), and moved to credit creation, quantitative easing (QE) once again. This signals global expansion of war as the only hope against the desperate condition of global finances, leading to a great depression.

Agenda 2030 mission goals? First is a digital ID, to get everyone signed up to the universal blockchain. That is equal to the mark of the beast system of total control. Second is elimination of all cash and the implementation of digital programmable centralised currencies (CBDCs). Resist it all!

The current bull run for gold and silver began in early 2024, with projections suggesting gold could reach $4800/oz and silver $60/oz by the end of 2026. Analyzing historical data, silver appears significantly undervalued and offers a strong buying opportunity, as evidenced by its recent price surge past $41.

Recent conflicts between Israel and Iran, backed by the US, threaten global stability. Concerns arise over escalating warfare and its economic impact, especially on oil prices and currency values, leading to potential skyrocketing gold and silver prices.

The emergence of a global government driven by technocracy, through UN Agenda 2030 with digital currencies and IDs is coming quickly. I highlight the role of the Satanic oligarchs from the synagogue of Satan. However only faith in Jesus Christ can repel the darkness.

Louis Christopher, an Australian businessman, received an alarming email from CBA demanding personal financial details under threats of account suspension, citing the regulatory body Austrac. He condemns this "authoritarian" measure as a move towards a cashless society and warns of the potential loss of freedoms, linking it to broader globalist agendas.