Yes, America Is On The Verge Of Yet Another Toilet Paper Crisis

It is starting to happen again.  Do you remember how “panic buying” caused a massive shortage of toilet paper and other basic essentials during the early days of the COVID pandemic last year?  Well, shortages are back, but this time around different factors are at play.  We are being told that the shortages should just be temporary, and that is good news.  But this is yet another example that shows how exceedingly vulnerable global supply chains have become in this day and age.  If another major global crisis were to suddenly strike, we could quickly be facing long-term shortages of certain items that would be quite severe.  So hopefully this short-term toilet paper shortage will be a wake up call for all of us.  The following comes from Yahoo News(Read More...)

The Coming Shortage Of Physical Gold That Will Change Everything

Gold Is the paper gold scam about to be brutally crushed by a crippling shortage of physical gold?  If so, what will that do to global financial markets?  According to the Reserve Bank of India, “the traded amount of ‘paper linked to gold’ exceeds by far the actual supply of physical gold: the volume on the London Bullion Market Association (LBMA) OTC market and the major Futures and Options Exchanges was OVER 92 TIMES that of the underlying Physical Market.”  In other words, there is a massive amount of paper out there, but very little actual physical gold to back it up.  And right now, we are witnessing voracious hoarding of physical gold all over the globe.  This is especially true in Asia.  Just see this article and this article.  All of this hoarding is putting a tremendous amount of pressure on those that have made all of these “paper promises”, because the truth is that there really isn’t all that much physical gold on the planet.  In fact, Warren Buffett once estimated that if all of the gold in the entire world was brought into one place, it could be formed into a cube that would only be 69 feet long by 69 feet high by 69 feet wide. (Read More...)

End Of The American Dream