Hyperinflation in Zimbabwe – It’s back, but maybe not for long

Hyperinflation in Zimbabwe – It’s back, but maybe not for long

21 Nov 2017 by JP Koning, GoldSeek: When a nation adopts a foreign currency it will typically face significant hurdles when it tries to rid itself of that currency, or de-dollarize. But Zimbabwe’s autocratic ruler Robert Mugabe has appeared to have done the impossible. After dollarizing ten years ago, over the course of the lastRead more about Hyperinflation in Zimbabwe – It’s back, but maybe not for long[…]

Thoughts on Explaining Inflation and Wealth Inequality

Thoughts on Explaining Inflation and Wealth Inequality

20 Nov 2017 “Inflation” occurs when the creation of currency exceeds the creation of real wealth it can bid for… It isn’t caused by price increases; rather, it cause price increases. Inflation is not caused by the butcher, the baker, or the restaurant owner, although they usually get blamed. On the contrary, by producing realRead more about Thoughts on Explaining Inflation and Wealth Inequality[…]

India’s Continued War on Gold Causes a Monstrous Increase in Silver Imports

India’s Continued War on Gold Causes a Monstrous Increase in Silver Imports

19 Nov 2017 by Nathan McDonald, Sprott Money: For anyone that has followed my writing for some period of time, you will remember the series that I wrote, which broke down India’s war on gold and how it was going to fail in its goal – and fail spectacularly it did. This series went on and throughRead more about India’s Continued War on Gold Causes a Monstrous Increase in Silver Imports[…]

Why Launch of Oil Futures in China’s Currency is Important

Why Launch of Oil Futures in China’s Currency is Important

12 Nov 2017 from Sputnik News: China’s decision to launch yuan-denominated oil futures backed by gold may deal a substantial blow to the petrodollar and open the door to the further internationalization of the renminbi. Chinese scholars have told Sputnik that Beijing is ready to take risks and push ahead with its “petro-yuan” project. TheRead more about Why Launch of Oil Futures in China’s Currency is Important[…]

Physical Gold and Silver Are Not Investment Instruments, They Store Wealth

Physical Gold and Silver Are Not Investment Instruments, They Store Wealth

9 Nov 2017 by Rory Hall, The Daily Coin: I love it when the mainstream media creates these hit pieces designed to push people in one direction or the other. These articles are usually filled with emotional triggers with the intent of keeping the reader off balance, and avoiding any thought, while simply reacting toRead more about Physical Gold and Silver Are Not Investment Instruments, They Store Wealth[…]

UK’s Gold market one step closer to being run on the Blockchain

UK’s Gold market one step closer to being run on the Blockchain

7 Nov 2017 by Kenneth Schortgen, The Daily Economist: On Nov. 4 UK’s Royal Mint announced that they had finalized the mechanism for which gold would be tracked and traded on the Blockchain. Having established 50,000 blocks so far for their new platform since August, the Royal Mint expects to be able to provide clearRead more about UK’s Gold market one step closer to being run on the Blockchain[…]

Deutsche Asks A Stunning Question: “Is This The Beginning Of The End Of Fiat Money?”

Deutsche Asks A Stunning Question: “Is This The Beginning Of The End Of Fiat Money?”

2 Nov 2017 from Zero Hedge: One month ago, Deutsche Bank’s unorthodox credit analyst, Jim Reid published a phenomenal report, one which just a few years ago would have been anathema in the hushed corridors of high finance as it dealt with two formerly taboo topics: is a financial crisis coming (yes), and what are theRead more about Deutsche Asks A Stunning Question: “Is This The Beginning Of The End Of Fiat Money?”[…]