It's been  years since the federal government, on the spurious grounds of fighting the Great Depression, ordered the confiscation of all monetary gold from Americans, permitting trivial amounts for ornamental or industrial use.
France exploits the resources of African nations to back it's currency
Gold rallied by over $50 an ounce last Friday and the rally has extended into this week with the yellow metal moving back above $1,700 an ounce. In his podcast, Peter Schiff explained why he thinks that gold has bottomed and this is a significant rev
The end of world dollar hegemony is coming and hardly anyone in government is taking notice or even understands what this means.
I have been writing over the last few weeks about how gold appears to be one of the "least loved" assets of any sector.
"With that weight of selling, I was a bit surprised gold wasn't weaker,... now we have our answer..."
There are reasons to be bullish on silver, not just because of its role as a monetary metal and inflation hedge, but also due to its importance as an industrial metal.
...the current inflation problem along with all of the big economic crises have one commonality... progressive government coupled with monetary policies run by the Fed...
...That Could Undermine US Dollar
A Lehman squared moment is approaching with Swiss banks and UK pension funds under severe pressure.
The #Chinese #Gold markets are more driven by delivery, about 77.52% of the #GOLD contracts in the Shangai market are delivered in physical.
"As tight as I've ever seen it..."
Throughout history, three metals have been used as money: gold, silver, and copper. All share the five qualities of good money--durability, divisibility, portability, consistency, and intrinsic value--but in different proportions.
John Sneisen (The Economic Truth) comes on the show to discuss the economy, coming collapse, the Federal Reserve and their coming digital currency, inflation, precious metals, etc...