The Destructive Force Of Bank Credit

The Destructive Force Of Bank Credit

Apr 19, 2020 | Economic Collapse

Commentators routinely confuse the deflationary effects of a contraction of bank credit with the inflationary effects of central bank policies designed to offset it. Central banks always ensure their stimulus is greater, so inflation, not deflation, is always the...
Paper gold and silver crash

Paper gold and silver crash

Mar 14, 2020 | Gold, Silver

As our headline chart shows, gold and silver prices fell heavily over the week, with silver crashing relative to gold. The gold/silver ratio now stands at 101.5, pretty much a record. Gold was down $97 on the week by early morning trade in Europe at $1584, and silver...
How To Return To Sound Money

How To Return To Sound Money

Jan 11, 2020 | Gold

Given the current fiat money system is on a path towards its own destruction it is not surprising that there has been increasing talk of a monetary reset. Without a completely different approach and by retaining the same institutions and macroeconomic concepts, any...