In late July, during an interview with CNBC, the chief investment officer of private wealth management at Goldman Sachs made the following statement: “Our view is that gold is only appropriate if you have a very strong view that the U.S....
Those in favor of Judy Shelton’s approval by Congress, pursuant to her nomination to the Federal Reserve Board Of Governors, should not be surprised by the torrent of criticism directed at her.
Predictions for gold's price are based on seemingly sound fundamentals and logic; but the fundamentals are incorrect and presented in unrealistic context. Here are some things to keep in mind when you see any predictions for the price of...
A current headline says “fears of currency debasement drive gold price higher”. Seems reasonable; and it is. Historically, governments have been “debasing” their currencies for centuries. The debasement leads to a loss of purchasing power...
According to MMT (Modern Monetary Theory), there are "four essential requirements that qualify a national currency as sovereign".
Some gold bulls have bought in heavily to the argument that gold price suppression has been an ongoing activity for years, even decades. Supposedly, trading in the gold market is manipulated in ways that depress the market price for gold.
What does it mean to say that one is “bullish” on gold? Or “bearish”? Or, more simply, what is a bull or a bear?
Gold is original money. As such, it is the measure of value for everything else. Gold was money before the US dollar and other paper currencies. All paper currencies are substitutes for gold, i.e., real money.
From Investopedia: “Correlation is a statistic that measures the degree to which two variables move in relation to each other. Correlation measures association, but doesn’t show if x causes y or vice versa, or if the association is caused...
The 21st century was ushered in by fears about Y2k and how it might impact computer programming that was already in place. Part of the concern centered on the financial markets.