AI Purge Accelerates: Intuit Reportedly Slashing 17% Of Workforce
AI Purge Accelerates: Intuit Reportedly Slashing 17% Of Workforce Intuit, the company that owns TurboTax, QuickBooks, Credit Karma, and Mailchimp, is reportedly preparing to lay off a staggering 17% of its workforce according to Reuters, which cites an internal memo. INTUIT TO LAY OFF 17% OF WORKFORCE: MEMO Initial claims about to print new record […]
How Gold Once Balanced the World’s Economies — And Why It Matters Now
For most of recorded history, trade between nations was governed not by policy meetings or central bank coordination — but by gold. Here’s how the gold standard’s built-in correction mechanism worked, and what its absence means for the $102 trillion in global public debt recorded as of 2024.Read More
Americans Are Getting Behind On Their Debts At A Very Frightening Pace
Americans Are Getting Behind On Their Debts At A Very Frightening Pace Authored by Michael Snyder via The Economic Collapse blog, U.S. households are now 18.79 trillion dollars in debt. In 1980, U.S. households were just 1.4 trillion dollars in debt. Over the past several decades we have witnessed a household debt binge that is […]
BRICS Is Hoarding Gold. Here’s What It Means for Your Portfolio.
Central banks are buying gold at near-record pace. BRICS+ nations are building a monetary alternative. Most investors are the last to hear about it — and the last to position. Here’s the mechanism, the portfolio logic, and what to actually do about it.Read More
Gold Didn’t Fall on Iran Peace News. That’s the Point.
Trump called off a planned strike on Iran Monday afternoon. Oil fell over 1%. Gold slipped 0.23%. That’s not a non-event — it’s a signal. The gold price isn’t moving on war or peace news because it’s no longer the war holding it up. It’s the Fed trap: a central…Read More
Flatbed Truck Rates Hit New Highs As These Drivers Fuel Boom
Flatbed Truck Rates Hit New Highs As These Drivers Fuel Boom Flatbed trucking conditions have never looked stronger, with spot rates surging to record highs amid a mix of tightening capacity and rising industrial freight demand. “Flatbed trucking rates have hit a new all-time high as industrial demand and a crackdown on bad actors continue […]
Gold to Oil Ratio: The Ultimate Guide for Economic & Portfolio Analysis
The gold-to-oil ratio has tracked monetary and economic conditions for over a century. This guide explains how to calculate it, what its historical range means, how it signals inflation and dollar risk, and how to use it as a practical portfolio analysis tool — without relying on a single day’s…Read More
Trump Called Off the Strike. Gold’s Real Risk Is Still $39 Trillion.
Trump’s decision to pause a planned Iran strike sent gold swinging $45 intraday and crude oil down more than 2% — but the two metals told completely different stories. Oil priced out the geopolitical risk. Gold barely moved. Five briefs explain why: Iran is the catalyst, not the cause. The…Read More
BofA’s Blanch Joins Goldman In Calling For $90 Brent This Year Amid “Pretty Large Deficit” Fears
BofA’s Blanch Joins Goldman In Calling For $90 Brent This Year Amid “Pretty Large Deficit” Fears Add Bank of America’s commodities and derivatives research chief to the growing list of Wall Street strategists who see Brent crude sticking around $90 a barrel this year, as any near-term resolution to the Hormuz chokepoint crisis appears increasingly […]
The Gold Market Is Mostly Paper. Dubai Disagrees.
Most gold doesn’t move when it’s “traded” — it changes hands as a ledger entry in an unallocated account. A new report shows Dubai is building a different system entirely, where ownership means a specific bar, not a claim on a pool. Here’s what the difference means for your portfolio.Read More