18 Jan 2023 By Aitana Villegas, Diario AS: A group of experts have concluded that the current increased production rate will lead to the depletion of some finite resources, including gold. Just how scarce are our gold reserves? Well, a group of scientists have set a date for the disappearance of the rare metal, and that …
When will Earth run out of gold? Scientists predict a golden end date Read More »
18 Jan 2023 By MISH, Mish Talk Here’s yet another idea on how to break US dollar hegemony. Can this one fly? CoinTelegraph reports Iran and Russia Want to Issue a New Stablecoin Backed by Gold The Central Bank of Iran is reportedly cooperating with the Russian government to jointly issue a new cryptocurrency backed by …
Iran and Russia Want to Create a New Stablecoin Backed by Gold Read More »
22 August 2022 By Dean Arif, MY Bullion Trade Definition of Money Money is anything that is generally accepted as payment for goods and services and repayment of debts. The main uses of money are as a medium of exchange, a unit of account, and a store of value. Aristotle on good money Aristotle (384 …
30 July 2022 By Jeff Clark, Senior Analyst, GoldSilver.com Convinced a recession is here? Worried the stock market isn’t done crashing? It’s a distinct possibility things could get worse. Which raises a natural question: how does gold—and all precious metals for that matter—perform during these events? If we use history as a guide, there’s a …
21 March 2022 From Russia Briefing: US analysts had better have had their sums right in casting out Moscow when it comes to Russian global dominance in precious metals, diamonds, and rare earths, while the US dollar continues its decline against global gold reserves by Chris Devonshire-Ellis Back in early February, just prior to the …
Russia Turns To Gold, Platinum, Diamonds and Rare Earths As Ruble Value Diminishes Read More »
24 Feb 2022 By David Lin, kitco.com: Tensions continue to rise in Eastern Europe as Russian President Vladimir Putin vowed a “strong response” to the West if sanctions continue. Frank Holmes, CEO of U.S. global investors said that gold has historically performed well during political crises and sees the price climbing as much as 50% …
10 Dec 2021 By Richard (Rick) Mills, aheadoftheherd.com: The Silver Institute predicts that global silver demand will rise to 1.029 billion ounces this year, up 15% from 2020 and exceeding a billion ounces for the first time since 2015. In a November report, SI says every area of silver demand is forecast to rise in 2021, including a …
Undersupplied silver to follow base metals into deficit Read More »
19 Nov 2021 By Jan Nieuwenhuijs, The Gold Observer: In general, the gold price in U.S. dollars is set by long-term inflation expectations and interest rates in the United States. The price of gold in other currencies depends on the exchange rate between a particular currency and the dollar. In a previous series of articles we discussed …
6 Nov 2021 By Patrick Barron, Mises Institute: There are many good recommendations promoted by Austrian school economists for improving the economy. Although we enjoy successes periodically, most–such as deregulating trucking and airline pricing–involve eliminating previous government interventions. These successes are to be celebrated, of course. But no one can deny that government intervention into …
Sound Money Is a Prerequisite to Peace, Prosperity, and Freedom Read More »
15 October 2021 From RT: Russia has reached a historic record in international reserves, ranking fifth in the world after China, Japan, Switzerland and India, the Accounts Chamber said after an audit of the country’s gold and foreign exchange holdings. “The volume of Russia’s international reserves exceeded $618.2 billion [as of September 1]. This is …
Russia holds world’s fifth-largest gold & foreign currency reserves Read More »
