ACC Archives

Tag: petrodollar
China’s Plan to End Dependency on American Trade

China wants out of the current mutually assured economic destruction regime in which it is locked with the USA. To exit however is a colossal task. It is also potentially globally destabilizing. Gold will play an important roll in...

How the Saudis blew up the US fracking industry

So my question is whether The Sierra Club is happy or sad about this? I’m going with happy with deep reservations. As we’ve said before, late last year the Saudis dropped an “oil bomb” on the world. Some believe it...

Get Ready for $10 Oil (It’s at $50 now)

Oil at $10 would be a massive disruption. The oil decline to $50 has already sent the world spinning. Many of the world’s most crony economies are in very real trouble thanks to the decline. Venezuela, Iran, Russia, they’re all...

What Is Free Banking, and Why Should I Care? (Video)

In some ways “free banking” is a radical idea. In other ways it is deeply conservative (in the best sense of the word). The attached 3 minute video explains the concept well, and why free banking is better than our...

Oil could fall to $30 a barrel: Emirates boss (Video)

Load up the kids and the dog in the Suburban! We’re driving to California via Alaska this summer! We’ll drive 100 mph the whole way! Carbon footprint? I got your carbon footprint right here!!! All I can say is don’t...