RSSCategory: Category: Money & Currency

Gold’s Catalyst Will Be A Loss Of Confidence In Paper Money

Gold’s Catalyst Will Be A Loss Of Confidence In Paper Money

With the whole world tied to the printing press, inflation is just a matter of time, says Jim Rickards. A greater danger is a widespread collapse in confidence in paper money. That will be the single catalyst driving gold to unprecedented levels. The gold price that is needed to reflect the extended monetary base is approximately $7,000.

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Gold Moving To A Sound Money System Is One Of The Big Trends

Gold Moving To A Sound Money System Is One Of The Big Trends

Catherine Austin Fitts’ view is that more of a sound money system in which gold is a part. Also more of an equity system which she considers good because a debt based system is a very unhealthy system. By contrast, an equity based system necessitates cooperation and a willingness to create value.

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Governments Usurp Rights of Individuals – Protect With Gold & Silver

Governments Usurp Rights of Individuals – Protect With Gold & Silver

In current times, when governments can confiscate your savings, or impose ridiculous taxes while depreciating the value of your money, it is essential to accumulate physical gold and silver as a long-term insurance against further currency depreciation.

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Gold Becoming More Precious While Regaining Its Monetary Value

Gold Becoming More Precious While Regaining Its Monetary Value

Today not one country has a currency tied to gold. However, as the fiat currencies get devalued to deal with the sovereign debt crisis gold demand will soar. The problem and opportunity we see is that the supply is already maxed out. So if a wave of demand comes we could see the gold price move rapidly on supply and demand fundamentals. Inflation will simply be the icing on the cake.

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Can Central Banks Really Keep Interest Rates Down?

Can Central Banks Really Keep Interest Rates Down?

The primary conclusion for any prudent investor should be to not be lulled in by the soothing talks of Ben, Mario and Shinzo. Granted, they may be doing their best, and doing so in good faith. Only you should not rely on their being able to succeed. Ultimately, the interest rates and inflation expectations of financial markets are fickle. They can turn on a dime. And, irrespective of all their good intentions, the good men at the central banks will not be able to control the loss of confidence in the markets.

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The Real Reason Why Governments Are Eliminating Financial Privacy

The Real Reason Why Governments Are Eliminating Financial Privacy

If it’s not money, it appears the primary motivation here is control. The new “global standard” is a path that will put governments around the world one step closer to being able to track and control every penny you earn and every penny you spend. It dovetails nicely with the global war on cash.

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