In 1917, the United States created the federal debt limit (or ceiling) to make it easier to finance World War One, essentially allowing Congress to borrow money to pay for the war effort by issuing bonds. By 1939 with World War Two looming, Congress passed the first aggre...
Richard (Rick) Mills
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October 8, 2019
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In the first quarter of 2019, global debt hit $246.5 trillion. Encouraged by lower interest rates, governments went on a borrowing binge as they ramped up spending, adding $3 trillion to world debt in Q1 alone. It reverses a trend that started in the beginning of 2018, of ...
Richard (Rick) Mills
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October 21, 2019
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Whether it’s a Democrat or a Republican installed in the White House this November, you can count on fiscal discipline going out the window. Neither the incumbent, President Donald J. Trump, nor the leading Democratic contender to replace him, Bernie Sanders,...
Richard (Rick) Mills
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February 26, 2020
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Tigers. Raaa! The exploration industry loves tigers! Tigers are used as a metaphor in the exploration industry to describe something big -- something fierce -- something rare. Whenever geologists think they're onto a BIG and VALUABLE new discovery they...
Daniel T. Cook
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April 3, 2020
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Mattress stuffers or bullion holders? Who fares better in a crisis? North American investors are divided between those who believe the decade-long stock market bull is going to keep running into the 2020s, and investors who, wary of something terrible happening, are hoarding...
Richard (Rick) Mills
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December 20, 2019
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“Minsky Moment” refers to the idea that periods of bullish speculation will eventually lead to a crisis, wherein a sudden decline in optimism causes a spectacular market crash. Named after economist Hyman Minsky, the theory centers around the inheren...
Richard (Rick) Mills
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February 21, 2020
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The details of this transition project in Nevada are discussed in a CIBC report. In an Oct. 28 research note, CIBC analyst Bryce Adams reported that Premier Gold Mines Ltd.'s (PG:TSX) "first project at South Arturo, El Niño underground, has achieved commercial produ...
Streetwise Reports
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November 14, 2019
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If you face a financial emergency, traditional loans may not be a viable option if you have bad credit. So what can you do when you need quick cash – especially close if you need cash for Christmas gifts during the festive season? The best online payday loans are an a...
Dominic Castleberry
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December 11, 2023
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Precious metals are loving the uncertainty the coronavirus has created. Despite limited successes some countries have had with reopening, the virus is nowhere near contained. As of this writing, close to 6 million worldwide are infected and 365,328 have died. The importan...
Richard (Rick) Mills
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June 1, 2020
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After focusing on the cobalt camp in 2018, Brixton Metals Corp. (BBB:TSX.V) is shifting gears and will spend of its time and effort on the Atlin Goldfields project in British Columbia. After successfully assembling a contiguous land package allowing Brixton to secure ow...
Streetwise Reports
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July 9, 2019
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