The Economic Collapse

How would the American people respond if they suddenly saw images of a U.S. aircraft carrier burning after it had been destroyed by an overwhelming Iranian assault? If the U.S. attacks Iran, and that appears to be very likely at this stage, the USS Abraham Lincoln will almost certainly be targeted by the Iranians. In a previous article, I wrote about how the Abraham Lincoln’s defenses could be overwhelmed by a massive barrage of either missiles or drones. In particular, if I was in command of the Abraham Lincoln I would be deeply concerned about Iran’s SS-N-22 Sunburn anti-ship missile batteries. Staying out of range of those missiles will be of the utmost importance, because they come in at an absolutely blistering pace. (Read More...)

We live at a time when the pace of change is so rapid that it can be overwhelming at times.  More change occurs in a single month than happened during most entire years when I was growing up.  When I pull up the news each day, there is always a fresh serving of chaos awaiting me.  Unfortunately, chaos is not good for the economy.  The U.S. dollar is in the process of dying, debt levels are exploding all around us, more mass layoffs have been announced within the past 24 hours, and the cost of living crisis is absolutely crushing most Americans.  Those that can look at the information that I am about to share with you and say “everything is fine” are simply not being rational.  The following are 12 signposts that indicate that a monumental economic meltdown is now upon us… (Read More...)

You can throw out all of the old rules, because they simply don’t apply anymore. The dominance of western financial institutions is faltering, and cracks in the system are starting to show up all over the place. They can’t keep the price of silver from exploding, they can’t stop the price of gold from relentlessly marching upward, they can’t stop the extremely alarming decline of the U.S. dollar, and they can’t stop debt levels from soaring into the stratosphere. The stability that the global financial system has known since the end of World War II is dissipating right in front of our eyes, and that should chill you to the core. (Read More...)

Chaos has erupted in the streets of major cities all over this country, and it appears that we have reached a boiling point which could cause events to completely spiral out of control.  We knew that there was no way that the Trump administration was going to back down on immigration enforcement, and we knew that there was no way that the left was going to back down and allow ICE to conduct mass deportations without resistance.  In fact, the left now has “response teams” that literally operate like military units in cities such as Chicago, Minneapolis and New York City.  So it was inevitable that we would see more violent confrontations, and now another protester has died.  The left is promising to fight back harder than ever, and President Trump is seriously considering invoking the Insurrection Act.  As both sides continue to raise the stakes, it is just a matter of time before this crisis ends with martial law in major U.S. cities. (Read More...)

There are all sorts of signs that the relentless pressure that has been causing an enormous amount of stress on our financial system is starting to break things. Do you remember how bad things got in 2008 and 2009 when home prices fell dramatically? Well, as you will see below, it is beginning to happen again. Meanwhile, the price of silver and the price of gold both just keep setting brand new record high after brand new record high. That is music to the ears of many of my readers, but for large financial institutions that are holding enormous short positions that has the potential to be absolutely catastrophic. I think that we will be shocked by how violently things start to break loose in the financial system in the months ahead. (Read More...)

Did you know that more stores were closed in the United States last year than ever before? More than 8,000 stores were permanently shuttered in 2025, and it appears that 2026 will be even worse. U.S. consumers have very little discretionary income to spend these days, and empty stores litter the landscape. If you live in a relatively prosperous area in our “K-shaped economy”, there may be just a few empty stores where you live. But if you live in a depressed area of the country, you may be faced with constant reminders of our retail apocalypse because there are abandoned stores virtually everywhere that you go. The wealthy are still spending lots of money at retailers, but things have gotten very tight for the rest of us. As a result, we are witnessing a tsunami of store closures that is unlike anything that has ever happened in the entire history of our nation. (Read More...)

The U.S. Mint obviously expects the price of silver to keep rising.  When I first learned that the U.S. Mint was selling one ounce silver coins for 169 dollars, I thought that it must be a mistake.  So I went to the U.S. Mint’s official website, and sure enough the report that I had heard was accurate.  Of course the U.S. Mint always sells their coins at a premium, but this is ridiculous.  Are they expecting the price of silver to blow way past the $100 mark in 2026?  If so, that will cause enormous imbalances in the global financial system.  There have been repeated attempts to suppress the price of silver in recent weeks, but they have all failed.  A global scramble for physical silver is underway, and the paper games that were once so effective just aren’t working anymore. (Read More...)

One of the keys to being successful in life is a strong work ethic.  No matter where you find yourself, if you are willing to work hard you are more likely to get ahead.  This is something that I have studied for many years.  Tom Brady, Michael Jordan and Jerry Rice were all born with physical gifts, but so were countless others.  The primary reason why Tom Brady, Michael Jordan and Jerry Rice are now considered to be some of the greatest athletes of all-time is because they simply worked harder than everyone else.  When Tom Brady came out of college, he didn’t have a gun for an arm and he was very slow.  He was not a highly regarded prospect, and so he was drafted in the sixth round of the NFL draft.  But once he got into the league, he worked like mad, and eventually he won seven Super Bowls.  If he had not been willing to work extremely hard, he could have easily faded into obscurity without ever accomplishing much of anything. (Read More...)