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I have been trying to convince my parents to put their money into precious metals for the past few years, however, they have continuously refused to do so. After recent events with the Euro they have finally agreed that they need to geet their money out of the Euro, but they are only willing to put their...
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By the looks of it, the economy is only going to get worse (part of the reason why I'm taking up a survivalist platform and buying gold/silver and learning primitive/hunter-gatherer skills). When do you think it will collapse for good?
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I've been reading the comments in this thread and am appalled by the level of ignorance and arrogance by anyone too scared to accept that a non-commodity backed currency could ever work. You all seem to forget that the sole purpose for money is to facilite exchange. One of the main reasosn you'd...
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So after reading Peter Schiff's "Crash Proof" i really want to start investing and hedge against inflation before the dollar collapses but being a student only working 5 hours a week, thousands of dollars in debt and not a lot of money to invest with. I was thinking about pulling out a...
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GATA has released emails a London trader sent the CFTC. http://gata.org/node/8466 Very powerful stuff. I doubt changes will be made.
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Has anyone else read the recent article in Wired Magazine entitled "The Future of Money?" It was actually the cover story, so I flipped it open eagerly. It was about PayPal, and new forthcoming innovations such as payment-through-twitter, and other schemes for cutting out the middlemen of credit...
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I love Ron Paul, if only because he's bringing the debate over the Gold Standard kicking and screaming back into American Politics. I hope he gains some political steam, because I bet Obama could give a great, "Cross of Gold" speech that would be fun to watch! However, I was re-reading...
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2 hours till count down to the inauguration of America's first Black president, that is America's first most Socialist president since FDR, and 3 hours till he is the commander in chief personifying America as well as taking it's face. What truly a disgrace it is to have such an arrogant...
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People of Lakota Launch Private Bank for Only Silver and Gold Currencies
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Some have argued that our economy wouldn't have grown as it has were we still on the gold standard. This infers that the economy is a zero sum gain and that the only way to grow is via exports with a trade deficit in our favor. Trade aside, can an economy grow with a fixed supply of money?