The end is coming. Well, maybe not. In the past few years, we have seen the entire world flip upside down as global economies faced one of the worst financial crises ever. Many people believe we are headed towards impending doom and possibly the end of the world in 2012. Whether or not this ... Views: 1840
What is the gold standard? The gold standard is an ancient monetary system in which paper currencies like the United States Dollar were backed by physical gold that was stored in government depositories such as Fort Knox. During the Great Depression the United States Dollar was so weak that the ... Views: 631
Imports surpass exports.
That has been our economic behavior and way of life for over 30 years. And, interestingly, it’s worked. Foreign countries are satisfied with our currency as payment for their depletable resources and manufactured materials.
Our currency is still reliable to other ... Views: 782
Welcome to the gold bull market. In the past 11 years we have seen the gold spot price increase more than 600% in response to one of the most dismal recessionary cycles in United States history. Gold has outperformed the majority of traditional investment markets consistently over the last ... Views: 1327
The United States currently owns the largest gold supply in the world with over 8,133 tons of pure gold. In the past few years, we have seen the great American economy fall into one of the worst recessionary cycles ever seen, the Great Recession. Governments from around the globe are flocking to ... Views: 626