Category: 24k Gold

Gold Shines Bright in World Buried in Debt

Alan Greenspan, Federal Reserve Chair from 1987-2006 once said, “In the absence of the gold standard, there is no way to protect savings from confiscation through inflation.  There is no safe store of value.”  In other words, due to fiat paper currency having the ability to be printed at will by a country’s central bank…

World Currencies On Life Support

A Look Back at U.S. Government Debt Several decades ago, many people experienced, or at least heard of, the tradition of grandparents buying government bonds for their grandchildren. Typically, the child would look confused at the gift, but after some laughter, the grandparent would explain that owning government debt is a safe bet. “It’s a…