Gold soars to all-time high, China leads the charge
Gold has risen 6% in less than a week, achieving an all-time high.
silver
What Backs the United States Dollar?
Prior to 1971, the US dollar was backed by gold. Today, the dollar is backed by 2 things: the government’s ability to generate revenues (via debt or taxes), and its authority to compel economic participants to transact in dollars.
Why Do People Say “Gold is Money”?
History, economic theory, and empirical evidence: three arguments supporting gold as the purest form of money.
Silver Industrial Uses: How Silver Runs The World
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.
History of Hard Money: The Denarius and the Fall of Rome
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 coin had been reduced to a worthless scrap of copper alongside a crumbled empire.