One of gold’s biggest catalysts throughout history has been inflation. Debase your currency enough and gold responds almost automatically. And the bigger the inflation, the bigger gold’s response. Even the fear of inflation ignites the gold price, like we saw from 2009 to 2011.
For centuries, East Indians have regarded gold as the primary source of wealth. All Indians own gold if they can afford to. They keep it as close as possible, sometimes in coin form, but often as jewellery, since “wearing wealth” means that it can be kept very close. They’re often especially reluctant to trust banks to hold their gold.
By Jeff Thomas, Feature Writer for Doug Casey’s International Man and Strategic Wealth Preservation History has an extraordinary tendency to repeat itself time and again. The same mistakes that rulers make in one era are repeated in subsequent eras. Political leaders have a nagging habit to want to grow governments to unmanageable proportions, invading other…
Almost daily, someone (often a European or North American) comments to me that the world is falling apart. The government is becoming dictatorial, the people are becoming more socialistic and political correctness is no longer an option, it’s a mandate and you’d better get on board.
Recently, an American colleague commented to me, “We no longer live in a democracy but a dictatorship disguised as a democracy.”
Is he correct? Well, a dictatorship may be defined as “a form of government in which absolute authority is exercised by a dictator.”
By Jeff Thomas, Feature Writer for Doug Casey’s International Man and Strategic Wealth Preservation In 1903, the desperado in the image above appeared in an early film about a robbery. He was the classic guy in a black hat and, of course, he was eventually foiled by the guys in the white hats. That was…
In ancient Rome, interregnum was the term given to the period between stable governments when anything untoward might occur, and sometimes did – civil unrest, warfare between warlords, power vacuums and, finally, succession wars.
The Precious Metals Week in Review – January 19, 2018
The Origin of the Separation of Church and State.
An article by Jeff Thomas.
Here’s What Historically Happens to Stocks When Bull Markets End.
An article by Jeff Clark.
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