Friday, January 15th, 2021 MST
Gold Products Prices Silver Product Prices Platinum Palladium
Questions? Call Us

800.528.1380

Mon-Thur 7am - 5pm MST Fri 7am - 3pm MST

Yearly Archives: 2014

Fear of deflation guarantees inflation

Fears of financial crises aside, the primary reason for owning gold is as a hedge against inflation, inflation being defined as an increase in the money supply.   As more money is printed, the dollar loses value and prices rise.  A excellent example of this principle is the menu at an iconic restaurant in Phoenix, Durant’s.

Whatever it takes

In July 2012, Mario Draghi, president of the European Central Bank, steadied European money markets simply by saying, “. . . the ECB is ready to do whatever it takes to preserve the euro. And believe me, it will be enough.” Apparently, simply promising to do whatever it takes was enough because the ECB had

Precious Metals Data, Currency Data , Precious Metals Automated Product Pricing Powered by nFusion Solutions