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An Economic Certainty: Gold to Rise as Fiat Currencies Fall
I was casually eating a burrito while having lunch at my desk, and was surprised to see some guy, writing….
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I was casually eating a burrito while having lunch at my desk, and was surprised to see some guy, writing….
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The dollar continued to get beat down through most of the trading day but started to rally back a bit in the afternoon……
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The big news this week in terms of ginormous government transfer payments is, as usual, out of the Fed, as it embarks on an equally ambitious….
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The latest news to depress me is that incomes were reported down 0.1%, and the latest news about spending is that spending is up 0.2%….
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Perhaps the only thing more common these days than central banks increasing their gold holdings, is their ability to do it on the sly….
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Changes in the “gold price” represent changes in the currency being compared to gold, while gold itself is essentially inert….
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With gold and silver going up in price like they are, I spend a lot of time secluded in the Big Mogambo Bunker (BMB), greedily calculating my profit with each little up-tick in price……
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The Federal Reserve said two words in its statement this week that should make every gold investor happy: Quantitative Easing…..