How to Survive a Currency Crisis
Before we dive into the subject on how to survive a currency crisis, let’s do a crash course on how the currency system works and discuss some terms. Paper-currency, fiat-money and paper-money are all terms used to describe the same basic idea of how bank notes are backed.
Gold Price Manipulation
Having reported in the last newsletter about the four market manipulation tactics, Gold-Carry-Trade, The Gold Pool, Gold Sales of Central Banks and Derivative...
Bloomberg Article discussion on ‘The Gold standard’
I would like to discuss two articles here. The both original articles are attached at the end of this newsletter. First the Business Insider published an article on 20th ...
Asking the Right Questions – Massive Perception Change in Gold coming
Gold is money not an investment. And if gold (and silver) is money; than it’s clear: Paper is not. And ‘paper’ is all we really know; Savings accounts, Options, Bonds and everything that carries a lot of debt – a Company with a low equity ratio for example.
Balancing the egg is like balancing finances
Balancing finances seems very difficult in these days as there is always some tax to pay and the load of liabilities seems endless. How to stay balanced in a system that manufactures imbalance all the time?
Being in Ireland and travelling around the world a bit in the last years, I’ve seen a continuation of queues outside of banks next to the ATM’s. On any given day I estimated 50 people were queuing up at the ATM when I was in Argentina.
Gold Coin in Your Pocket
A couple of years ago our international business got started with a lot of help from a dear friend. I did talks in the Netherlands, the UK and the US for people that were interested in the gold markets. What we discovered is that people’s investment decisions were often driven by fear. It’s fear of loss, fear of being ripped off and fear of going broke, etc. Viewed from the opposite, money is linked to security. The more money you have, the more secure you feel.
I got inspired to writing this article by listening to David Morgan who talked in an interview that we posted last week about the silver fundamentals. He stated that real wealth can only be measured in the number of silver and gold coins (and/or bullion) that you hold.
What happened to the German gold?
For all goldbook owners: This is a full update on the story about ‘What happened to the German Gold?’ in ‘Deflation of Precious Metals (6)’ on page 37.
Academically proven Facts about the History of Money
Many of you that bought the ‘Goldbook’ know I'm a fan of monetary history as it shows clearly the cycles and how much we can learn from the past to protect and increase our wealth in today’s climate. It’s quite a statement to say: Every man-made currency failed. Gold has never failed.