Brilliant explaination of the current economic predicament by Charles Hugh Smith. He explains how the Federal Reserve has now moved to the “duct-tape” era. This seems to have been confirmed implicitly by the central banks themselves in the recent BIS annual report:
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What is an investor to do? Think long and hard about gold’s outperformance in the first half of this year:
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How To Approach Taxes in 2026
Taxes are likely the single largest expense you will face over your lifetime. And they influence nearly every major financial decision you make, from saving and investing to retirement and

