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Category: Gold Market

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…

Economic Contagion Continues to Spread

You may have heard the phrase “death by a thousand cuts”, and if you haven’t, on the financial side it simply refers to a government, institution, bank, or organization that was brought to collapse or crisis due to multiple poor economic factors adding up over time leading to their collapse.  Unlike the opposite in which…