Peter Souleles

Peter Souleles Articles

Everyone is a player when it comes to gold. Investors, speculators, doomsday merchants, scholars, traders, governments, central banks, coin collectors and scrap metal dealers. All these groups are motivated by different considerations but...
For years we have all watched Zimbabwe in dismay as it printed trillions of dollars thinking it could out run the inflation rate. Recently however, the country finally woke up to itself and decided to allow prices to be set in US dollars...
People everywhere are depressed and confused. Their depression is due to their net worth being severely lacerated and their confusion arises as a result of not knowing what to do next.
The party was good while it lasted or at least that is what we thought. Unsolicited credit cards in the mail, automatic increases in credit limits, bank managers offering lines of credit at low rates of interest, large retailers offering...

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Gold is the world’s oldest and most known currency.