fiat money Archive

  • Now here’s the fun part. Let’s say fund managers as a group realize that bonds, equities, and real estate have become poor or risky investments and so decide to increase their allocation to the gold market. If they doubled their exposure to gold and gold stocks – which would still represent only 0.6% of their total assets – it would amount to $93.3 billion in new purchases.

    The Driver for Gold You’re Not Watching

    Now here’s the fun part. Let’s say fund managers as a group realize that bonds, equities, and real estate have become poor or risky investments and so decide to increase their allocation to the gold market. If they doubled their exposure to gold and gold stocks – which would still represent only 0.6% of their total assets – it would amount to $93.3 billion in new purchases.

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  • Less than 30 months ago, silver was $8.80 an ounce. As of today, it’s nearly quadrupled in value — up 385%. It has more than doubled in the last 12 months alone. While these are wonderful gains for those who already own the metal, every other investor is left wondering if it’s too late to get in.

    What you need to know about buying silver today

    Less than 30 months ago, silver was $8.80 an ounce. As of today, it’s nearly quadrupled in value — up 385%. It has more than doubled in the last 12 months alone. While these are wonderful gains for those who already own the metal, every other investor is left wondering if it’s too late to get in.

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  • It is important to try to understand how the international banking elite became so fabulously wealthy.  One of the primary ways that this was accomplished was by gaining control over the issuance of national currencies and by trapping large national governments in colossal debt spirals.

    10 Things That Would Be Different If The Federal Reserve Had Never Been Created

    It is important to try to understand how the international banking elite became so fabulously wealthy. One of the primary ways that this was accomplished was by gaining control over the issuance of national currencies and by trapping large national governments in colossal debt spirals.

    Continue Reading...

  • Another ‘top indicator’ that I look for is the occupancy rates for safety deposit box facilities like The Storage in Hong Kong or Commonwealth Vault right here in Auckland. When these firms have a long waiting lists, or new facilities are sprouting up, it suggests that public awareness for gold is increasing... and the more that happens, the closer we get to the top.

    When The Gold Market Tops…

    Another ‘top indicator’ that I look for is the occupancy rates for safety deposit box facilities like The Storage in Hong Kong or Commonwealth Vault right here in Auckland. When these firms have a long waiting lists, or new facilities are sprouting up, it suggests that public awareness for gold is increasing... and the more that happens, the closer we get to the top.

    Continue Reading...

  • The second great error is the change from a capitalistic system to that of socialism. It is incrementally being put into place. Again history has shown it never works. When those who are successful are punished for success they leave and slowly the society dies. You cannot make a poor man rich by making a rich man poor.

    Societal Darwininsm

    The second great error is the change from a capitalistic system to that of socialism. It is incrementally being put into place. Again history has shown it never works. When those who are successful are punished for success they leave and slowly the society dies. You cannot make a poor man rich by making a rich man poor.

    Continue Reading...

  • Stocks might increase in value, but they also might decrease. Bonds have a fixed maturity value that will be watered down over time. A business or a farm that produces a product where the price may be increased to overcome the loss of wealth of payment will do. And precious metals. Gold is the best as it has never lost its’ true wealth in all of history.

    Gresham’s Law

    Stocks might increase in value, but they also might decrease. Bonds have a fixed maturity value that will be watered down over time. A business or a farm that produces a product where the price may be increased to overcome the loss of wealth of payment will do. And precious metals. Gold is the best as it has never lost its’ true wealth in all of history.

    Continue Reading...

  • The Fiat money system is inherently unstable, its merit depends on maintaining the conviction of the masses that the intrinsically ‘worthless’ paper money has some value; when they lose total faith, it results in the nightmare scenario - a run on the banks and the entire thing collapses, leading to the ultimate bust.

    The Irish Crisis and the Fiat Money

    The Fiat money system is inherently unstable, its merit depends on maintaining the conviction of the masses that the intrinsically ‘worthless’ paper money has some value; when they lose total faith, it results in the nightmare scenario - a run on the banks and the entire thing collapses, leading to the ultimate bust.

    Continue Reading...