Jeff Deist explains what's lurking in the debt ceiling bill, why the debt is larger than most people think, and the reason politicians can't stop the madness.
Connect with Jeff and Monetary Metals on Twitter: @JeffDeist @Monetary_Metals
Additional Resources
Why Today is NOT...
Central Bank Digital Currency (CBDC, or in America let’s call it “FedCoin”) is a hot topic right now. Articles about it are everywhere, and Monetary Metals’ clients are asking about it. Gold is widely seen as a way to opt...
Are we simply cogs in the monetary machine? In the first episode of Debased, Jeff Deist explains why he joined Monetary Metals, what will happen with the banking crisis, and how to profitably align monetary economics to shape a better...
Macroeconomists, it is said, have physics envy. Physicists measure how gasses behave as temperature, pressure, and mass of gas molecules are changed, and write an equation to describe the relationship between these variables: PV = nRT (P = pressure, V...
In the past, safe deposit boxes at local banks were considered a secure way to store valuable documents, jewelry, cash, and even physical precious metals. However, the changing landscape of commercial banks and recent events have shed light on the...
Argentina recently made headlines with its announcement that it plans to pay for its imports from China in Yuan. Inevitably, gold commentators jumped to the spurious conclusion that this decision signals another step towards “de-dollarization.”
Let's be clear: this is not...
This post was written by Jeff Deist, former President of the Mises Institute. Jeff will be joining Monetary Metals full-time as General Counsel in May.
I am exceptionally pleased to join Monetary Metals after ten years at the Mises Institute.
Offering...
April 1, 2023
First, it was the crypto-focused Silvergate Bank. Then it was Silicon Valley Bank. And immediately after, Signature Bank. Silvergate and Signature could be dismissed because, well, crypto. But Silicon Valley Bank is something entirely else. It was older,...
As the Federal Reserve has hiked rates from 0% to over 4.75%, the average interest rate on bank deposits has remained low, around the FDIC's national average for savings accounts of 0.37%. This has led many to ask the simple...
Last week, we had this to say about the implications of SVB’s collapse…
Everyone in the market has to think about an unpleasant reality and come to grips with it. They have to consider the risks of things that previously they...