Because the entire global financial system was built on gold. Today, the gold price sends important signals about the economic health of the world’s most powerful nations.
We are all familiar with gold’s visual beauty, which made it the precious metal of kings and emperors for thousands of years. Today, this illustrious yellow metal is no longer reserved for royalty. You rely on gold every day, as does anyone who takes advantage of modern electronics, dentistry, medicine, and…space travel?
Gold bugs often debate the scope and impact of gold price manipulation. Some of these accusations are absolutely true, while others enter the realm of conspiracy.
Inflation, depression, innovation, human flourishing – the US monetary system has played an integral role in each of these issues for centuries. But where did modern money come from? How does this inform the future?
Quantitative Easing allows central banks, such as the U.S. Federal Reserve, to pull the levers of the financial system like never before. Is this strategy effective? Fair? Smart? One thing is certain: it is powerful.
Throughout the 1980s, Japan’s economy soared past the rest of the world. The growth that once earned the envy of investors and economists now stands as a dire warning against debt, speculation, and easy money.
History is clear: when the money supply increases, the gold price follows. The more dollars are printed, the more can be stuffed into the earth’s limited gold reserves.
When Matthew wrote his gospel in 85 AD, one pure silver Denarius covered the daily wages of a skilled Roman craftsman. Three hundred years later, the Denarius had been reduced to a worthless scrap of copper alongside a crumbled empire.
If you happened to be walking around Paris from 1715 to 1722, you would have encountered one of the first experiments with centrally planned banking, paper money, and fractional reserves.
Everything you need to know about the two top choices for hedging against fiat currency, and how to take advantage of the forces driving this legendary battle.
Gold represents the spirit of wealth, prosperity, and security. Everyone has heard of it, but did you know there are dozens of ways to utilize gold for your portfolio?
The precious metals supply chain has generated vast riches, strengthened the global economy, and shaped civilizations. Let’s take a look at how the supply chain functions today.
Investing in gold, like many alternative investments, requires a layer of expertise beyond that of stocks and bonds. Breaking this layer is an essential step in maximizing portfolio returns, hedging against inflation, and obtaining the unique benefits of precious metals.