Gold

What Wall Street Fears

What Wall Street Fears

February 2, 2021
The origin of modern banking can be found in the early days of the gold trade. In the Middle Ages, goldsmiths accepted deposits of gold in return for paper notes, which could be exchanged for the depo…
The Next Gold Rush Is Here

The Next Gold Rush Is Here

December 13, 2020
You have been warned. The Biden – Yellen (BY) nightmare dream team will fulfill our worst fears of deficit spending, debt explosion and dollar collapse. Not that a Trump win would have been …
The Fed Redefines Inflation Again

The Fed Redefines Inflation Again

August 30, 2020
The original definition of inflation was an expansion of the supply of money. If you create more money while keeping everything the same, ceteris paribus, then prices should rise accordingly. This is …