Why Do People Say “Gold is Money”?
History, economic theory, and empirical evidence: three arguments supporting gold as the purest form of money.
History, economic theory, and empirical evidence: three arguments supporting gold as the purest form of money.
Silver is often associated with “second place.” But don’t be fooled: silver is a remarkable metal that often plays a much greater role in our everyday lives than its glamorous yellow counterpart.
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?
Fiat currencies rule the world, despite their shoddy track record over the last 100 years. What can we learn from fiat currency collapses in recent history?
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.
To understand the history of US monetary system, we must grasp the role of its central protagonist: gold.
The long-term risks of quantitative easing, including eroding the credibility of the US dollar, are closely linked to gold's performance.
In the 1990s, Japan’s economy crashed after a frenzy of debt, speculation, and easy money. Japan’s lost decade now stands as a dire warning to modern economists.
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 supply of gold.