Saturday, August 19th, 2017 MST

Category: Gold

Why gold is real money

Although many gold buyers readily accept that “gold is real money,” few can explain why gold is real money and why moving away from gold as money to fiat money distorts economic activity. The distortion being a boom followed by a bust, and the size of the distortion being determined by the amount of the

The stock market is managing the Fed

Following the March 18 “Statement” by the FOMC that any interest rate increase would probably not come until September, stocks moved from negative territory into big upside gains.  Truly, the markets liked the idea that any interest rate hike would put off until later in the year. However, the following week the Dow Industrials plunged

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