Sunday, December 16th, 2018 MST

Category: The Dollar

Reasons to buy silver

As silver continues to touch new lows, bearish reports abound.  One called it the worst investment ever.  Really? The reasons to buy silver lie neither in the metal itself nor its many industrial and medical applications.  Silver should be bought because it — along with gold – has for millennia been proven to be safe

ECB to stop printing €500 notes

In what is being reported as an effort to impede criminal activity and terrorism, the European Central Bank announced that it will discontinue issuing €500 notes around the end of 2018.  However, the ECB was quick to affirm that the €500 notes already in circulation “will remain legal tender and . . . always retain

War on cash

A former head of the UK’s Standard Charter bank proposes that the war on cash be ratcheted up. ln a paper published Sunday, Peter Sands demonized large banknotes, saying they are “king among terrorists, drug lords and tax cheats.” According to him, Illicit money flows are estimated to run up to $2 trillion a year.