Gold Money

From 2006 the Bank of England’s Annual Report has declared the quantity of gold in its custody, including the UK’s own 310 tonnes.

Many people believe there is a significant risk that the Irving Fisher debt-deflation theory of great depressions is still an economic threat today.

Up until the late 1960s, it was considered prudent for everyone to have some savings. By forgoing consumption, savings gave the ability to consume more at a later date through the accumulation of interest income.

The following is GoldMoney contributing author Felix Moreno’s interview with famed investor Jim Rogers. We hope you enjoy it.

In January of this year I published a piece on the “fair gold price” in order to demonstrate that, if one was to simply treat the gold of all international central banks as the world’s true, reserve currency – as history has held it as for over hundreds, if not thousands, of years

Regular readers will know I am in the inflation, possibly hyperinflation camp; but there are those that think the future is more likely to be deflationary. In the main this is the view of neoclassical economists, Keynesians and monetarists, who generally foresee a 1930s-style slump unless the economy is stimulated out of it.

There is a new campaign to end austerity.

The ability of a business to maintain accurate and meaningful accounts is undermined by the debasement of the accounting medium, fiat currency.

The slide in precious metal prices has done much to undermine investor confidence, yet the indications are that demand for the physical metals remains strong.

The monthly figures for the US dollar components of Austrian, or True Money Supply, for February are now in