Another Central Banker Admits The Truth About The US Dollar

Another Central Banker Admits The Truth About The US Dollar

Notes From the Field By Simon Black  November 28, 2023 

On March 20, 1602, after a few years of painstaking negotiations, a deal was struck amid the cobblestone streets and legendary waterways of Amsterdam that changed the world of finance forever.

The Dutch Republic (as it was known back then) was already a major economic power in the early 1600s; Dutch merchants boasted enormous fleets of thousands of ships and lucrative trading posts around the world. Money was pouring in to the economy.

But at the same time, competition was fierce. England, Spain, Portugal, etc. all wanted in on the vast wealth that Dutch merchants were minting from the spice trade.

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Advice, Economics, Personal Finance, Simon Black DINARRECAPS8 Advice, Economics, Personal Finance, Simon Black DINARRECAPS8

Response To America’s Latest Downgrade Really Proves The Point

Response To America’s Latest Downgrade Really Proves The Point

Notes From the Field By Simon Black  November 13, 2023

On the evening of June 18, 1815, in the Belgian hamlet of Mont-Saint-Jean, nearly 70,000 troops under the command of the Duke of Wellington, alongside 50,000 allied Prussian soldiers, fought against the French forces of Napoleon Bonaparte in the historic Battle of Waterloo.

Waterloo was a bloody affair, with heavy casualties on both sides. But the Anglo-Prussian alliance won the fight, and Napoleon was forced to abdicate his throne just a few days later.

The Napoleonic Wars-- more than 12 years of constant conflict-- were over, and Europe was finally at peace.

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Gold Vs. Silver: Which Is Better Right Now?

Gold Vs. Silver: Which Is Better Right Now?

Notes From the Field By Simon Black  November 8, 2023

Almost two decades ago, I walked into a coin shop in Florida to buy my very first piece of silver. I was in my mid-20s at the time and just starting to teach myself about financial history, the national debt, and central banking.  It was early in my education. But I had already determined that owning precious metals would be a good idea as a hedge against future uncertainty and rapidly increasing government debt. But I didn’t have much money at the time. So silver-- at just a few dollars per ounce-- was well within my budget.

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Here’s An Obvious Reason To Own Silver

Here’s An Obvious Reason To Own Silver

Notes From the Field by Simon Black  November 6, 2023

By the summer of 1812, Napoleon still thought of himself as nearly invincible. He had conquered nearly all of Europe with relative ease and brought the continent’s remaining rulers under his control. He had personally lost just a single battle.  And his chief nemesis, Great Britain, had just been dragged into a new war with its former colony, the United States.

In short, things were really going his way. And the summer of 1812 would have been a great time for Napoleon to take a break, consolidate his gains, and focus on quelling internal rebellions and intrigue from within his vast, new empire.

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$2,000 Gold Is Just The Beginning. Here’s What Might Happen Next-

$2,000 Gold Is Just The Beginning. Here’s What Might Happen Next-

Notes From the Field By Simon Black  November 1, 2023

Public Law 93-373 was supposed to be so boring that Congress didn’t even bother to give it a name.

You know how most laws passed by Congress have some fancy name-- like the “Inflation Reduction Act” or the “USA PATRIOT Act” or some such nonsense?

Well, on November 7, 1973, US Senator James Fulbright introduced a very short bill-- it was only ONE page-- that didn’t even have a name. But Fulbright’s unnamed bill ended up being one of the most important pieces of legislation in US history.

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This Region Has The Highest Concentration Of Plan B Options On The Planet

This Region Has The Highest Concentration Of Plan B Options On The Planet

Notes From the Field By Simon Black  November 2, 2023

Imagine that a couple weeks ago, on a cool October day, you were suddenly transported to a small mountain town celebrating Oktoberfest.  You see red-roofed, wood-frame homes plastered against the nearby mountains, and the quaint downtown is filled with microbreweries and pastry shops offering apple strudel.

You distinctly hear a group of blond-haired blue-eyed locals speaking German, and you confidently conclude you have found yourself in a small village in the Bavarian Alps.

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Advice, Economics, Personal Finance, Simon Black DINARRECAPS8 Advice, Economics, Personal Finance, Simon Black DINARRECAPS8

This Easy Step Is An Essential Part Of Any Plan B

This Easy Step Is An Essential Part Of Any Plan B

Notes From The Field By Simon Black  October 26, 2023

Sigrid Paul was living in East Berlin in 1961 when she gave birth to a beautiful baby boy.  Unfortunately, though, her son was born with major health problems... and Sigrid had to seek out the best possible medical care to treat him.  This was more than fifteen years after World War II, and Germany had already been split between East and West for more than a decade.

Unsurprisingly, the capitalist West had substantially higher quality healthcare than the socialist East (which was really just a Soviet puppet state). In fact, the West had higher quality everything... and that’s why over three million East Germans defected to the West between 1945 and 1961.

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Economics, Simon Black, Advice, Personal Finance DINARRECAPS8 Economics, Simon Black, Advice, Personal Finance DINARRECAPS8

Congress Forecasts America’s Fiscal Train Wreck For 2031. Here’s How A Plan B Can Help

Congress Forecasts America’s Fiscal Train Wreck For 2031. Here’s How A Plan B Can Help

Notes From the Field By Simon Black  October 24, 2023

Yesterday I wrote a comprehensive explanation of the extreme fiscal catastrophe that the US faces thanks to the federal government’s relentless spending addiction.

I wrote, for example, that the US national debt is now $33.6 trillion… and it has increased more than HALF A TRILLION DOLLARS just so far this MONTH. Astonishing.

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Six Predictions From The Last Week’s Horrific Treasury Report

Six Predictions From The Last Week’s Horrific Treasury Report

Notes From the Field By Simon Black   October 23, 2023

By the time Philip II ascended to the throne of Spain in the year 1556, the empire he inherited from his father was already the most dominant superpower in the world.

Spain had a formidable military, and its famous naval armada struck fear in the hearts of its adversaries.

Spain also held vast colonies across the Americas, Africa, and Asia that produced unimaginable wealth; just one single mine in Bolivia-- Cerro Rico-- was so abundant that it has produced more silver than any other mine in history. And it still operates to this day.

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This Strategy Cuts the Tax Bill of American Entrepreneurs in Half

This Strategy Cuts the Tax Bill of American Entrepreneurs in Half

October 18, 2023  Notes From The Field By Simon Black

 One of the many Orwellian habits of politicians is give cute acronyms to their idiotic legislation.

The CARES Act from 2020, for example, stood for “Coronavirus Aid, Relief, and Economic Security”.

The CARES Act was one of the most destructive pieces of legislation in US history; it paid people to stay home and NOT work, which decimated the US labor market. And it also cost tax payers hundreds of billions of dollars in fraud from the “Paycheck Protection Program”.

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Silicon Valley Bank Part II Starts Tomorrow At 6:45am

Silicon Valley Bank Part II Starts Tomorrow At 6:45am

Notes From the Field By Simon Black  October 16, 2023

It’s been seven months now since Silicon Valley Bank went bust. And so much has happened in the world since then that SVB’s collapse almost feels like ancient history.  But something is going to happen tomorrow-- at precisely 6:45am Eastern time-- that could rekindle anxiety in the banking system once again.

And it’s not hard to understand why; the problems in the banking system… the problems that brought down Silicon Valley Bank and others… didn’t go away. In fact they got worse. And now several other large US banks are getting dangerously close to the edge.

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