Cash Is Toilet Paper, Gold Is Money by Keith Weiner

Cash Is Toilet Paper, Gold Is Money by Keith Weiner

The sooner you learn a bit about how the gold market works, the better you will do in your investing and trading… The price of gold dropped $31, and that of silver fell even more by proportion, $2.14. The gold-silver ratio hit a hit of over 126 before closing the week...
The Currency of Last Resort: GOLD

The Currency of Last Resort: GOLD

Goldman Sachs says now is the time to buy gold, the safe-haven asset, amid market panic over the impact of the growing coronavirus pandemic.  The commodity, which is considered “the currency of last resort,” has slumped lately as investors sell the safe...
GOLD: THE COLLATERAL OF LAST RESORT

GOLD: THE COLLATERAL OF LAST RESORT

The imagery is, of course, courtesy of Homer from his epic poem Odyssey, in which Odysseus and his men have no choice but to sail through a chokepoint on which two mythical, monstrous sentries stand. Scylla was a six-headed sea monster that had a bad attitude and a...
FDR’s Tyrannical Gold Confiscation

FDR’s Tyrannical Gold Confiscation

Sometimes people say, “I guess we’ll just have to have a major economic or monetary crisis to wake people up and cause them to want a sound monetary system.” There is one big problem with that refrain, however: A crisis or emergency oftentimes induces people to move...