Gold

How many times have you heard “You can’t eat gold” as a reason NOT to own gold?

4 Apr 2019 By Gary Christianson, Miles Franklin: How many times have you heard “You can’t eat gold” as a reason NOT to own gold? It is nonsense. 1)           You can’t eat gold either during good times or after an economic collapse, but neither can you eat dollar bills, euros, bolivars or hundreds of other devaluing

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Turkish Lira Collapses to All-Time Low Against USD; Erdogan’s Response? “We Have God”

12 Aug 2018 by David Reid, CNBC: Turkish lira hits all-time low versus the U.S. dollar. The country’s economy is viewed as imbalanced due to rampant inflation. The United States has also threatened to impose “big sanctions” over a U.S. pastor. The Turkish lira has collapsed to an all-time low against the dollar, but the country’s leader

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Wait until you see the price of gold in Venezuela right now

8 Aug 2018 by Frank Holmes, MINING.com: Nicolas Maduro, head of the Venezuelan government. Photo by Fabio Rodrigues Pozzebom/ABr, Wikimedia Commons.   Last month in Venezuela’s capital city of Caracas, a cup of coffee would have set you back 2 million bolivars. That’s up from only 2,300 bolivars 12 months ago, meaning the price of

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