The Brave New World
The Brave New World

The Brave New World

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Central Banks Continue To Raise Interest Rates

6 hours ago 2 minute read 0 comments SweptOverNiagara

Last week, it was the Bank of Canada taking the lead by raising rates another quarter percent. Yesterday, it was the FED with their 25 basis point hike and this morning, it's the ECB and Bank of England both hiking by 50 basis points. Across the boar...

The 'N' of CNN!

31 Jan 2023 3 minute read 10 comments SweptOverNiagara

It's no secret that ever since Donald Trump left office some 2 years ago that CNN's viewership has decreased dramatically. Trump was their prime target. From Russia collusion to inciting an 'insurrection' (JAN. 6) to IMPEACH, IMPEACH, IMPEACH, the in...

Success! My First Bitcoin Purchase Went Through

27 Jan 2023 2 minute read 11 comments SweptOverNiagara

I'd been planning for a month now to finally make my first official Bitcoin purchase and this afternoon, I completed my first successful purchase / transaction using my bank issued credit card for the grand total amount of $100 CND. It's not much but...

The Trillion Dollar Coin - A Little Known Fact About U.S. Coinage

26 Jan 2023 3 minute read 2 comments SweptOverNiagara

The U.S. Government is in a boondoggle because it hit its debt ceiling limit last Thursday. The national debt has now surpassed $31.5 Trillion and that clock keeps counting higher and higher. While Congress hasn't yet settled the matter, the U.S. Tre...

India Crushes It With Record Silver Imports

25 Jan 2023 3 minute read 0 comments SweptOverNiagara

Just a few days ago, I published a post titled, 'Silver smacked down for no apparent reason' and in it, I vented my frustration with the clearly manipulated silver spot price which was once again inexplicably pulled down over a dollar an ounce on Mon...

El Salvador's President Bukele Lashes Out At Legacy Media Over Default Danger Claims

24 Jan 2023 3 minute read 4 comments SweptOverNiagara

N.Y. Times: 'El Salvador's Big Bet On Bitcoin Isn't Paying Off' CNBC: 'El Slavador's Bitcoin Holdings Down 60% to $60 Million One Year Later' The Economist: El Salvador's Bitcoin Experiment Is Not Paying Off Nasdaq.com: Will El Salvador Default On It...

Silver Smacked Down For No Apparent Reason

23 Jan 2023 2 minute read 5 comments SweptOverNiagara

Precious metals are down today, especially silver which is usually the most volatile in the PM group. Silver has dropped more than a dollar starting in the early morning hours and sharply just after 8 am when the NYMex came online. Over the years, I'...

Crypto Lender Genesis Files For Bankruptcy Protection

20 Jan 2023 2 minute read 3 comments SweptOverNiagara

We all knew this was going to happen, didn't we? Well, last night Genesis Global Holdco LLC and two subsidiaries (Genesis Global Capitol  and Genesis Asia Pacific Pte., Ltd.) are officially bankrupt after filing for bankruptcy protection last night i...

For The 79th Time, What's With This 'Debt Ceiling' Thing?

19 Jan 2023 3 minute read 10 comments SweptOverNiagara

Treasury Secretary (and former FED Chair under Trump) Janet Yellen notified Congress this morning via a letter to new House Speaker Kevin McCarthy that the U.S. Government has officially reached its debt limit and to act as soon as possible. It's not...

Growing Food Throughout Winter AND All Year Long!

17 Jan 2023 5 minute read 6 comments SweptOverNiagara

It's time to provide an update on my winter gardening. At the end of the Fall season, I built these small makeshift greenhouse type coverings over my raised beds for the first time to see if my plants would survive the frosty temps. I did some resear...