gold promoters Archive

  • The gold promoters’ fundamental explanation has done a tremendous amount of damage. They have wrongly linked gold to geopolitical events as if it were somehow always bullish regardless of where the event takes place. Capital always flees from the battlefield. During WWI and WWII, money fled to the USA, and at the end of the day, the USA had the greatest gold reserves.

    Gold, Geopolitics, & the Dollar

    The gold promoters’ fundamental explanation has done a tremendous amount of damage. They have wrongly linked gold to geopolitical events as if it were somehow always bullish regardless of where the event takes place. Capital always flees from the battlefield. During WWI and WWII, money fled to the USA, and at the end of the day, the USA had the greatest gold reserves.

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  • A Pyrrhic victory is a victory that inflicts such a devastating toll on the victor that it is tantamount to defeat. Someone who wins a Pyrrhic victory has been victorious in some way; however, the heavy toll negates any sense of achievement or profit (another term for this would be "hollow victory").

    Gold & War

    A Pyrrhic victory is a victory that inflicts such a devastating toll on the victor that it is tantamount to defeat. Someone who wins a Pyrrhic victory has been victorious in some way; however, the heavy toll negates any sense of achievement or profit (another term for this would be "hollow victory").

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