Michael Lynch https://goldbroker.com/news/authors/michael-lynch The power of printing fiat is greatly underappreciated by society and also among many of us so called “gold bugs”. You and I direct extraordinary time and energy to earn fiat bucks printed by the money changers. From your first day of kindergarten to your day of retirement, you hone skills and work for the paper printed by the money changers. This is not questioned because it is all we have seen our entire life… which is short by historical standards. I’ll use the phrase “money changers” to connect with the historic reference of those who initially swapped redeemable notes for physical gold and later evolved to modern day banks printing fiat. Anyone aware of the history of money knows gold is money. Unfortunately, if you own gold it never grows. To grow wealth gold has to be sold, the proceeds invested (think treasuries) and later converted back into gold. Hopefully this swap returns more gold than originally owned, otherwise the swap failed. Call this the “big swap”.... Tue, 25 Feb 2025 07:06:42 +0000 https://goldbroker.com/news/gold-revaluation-go-big-go-home-which-would-donald-trump-choose-3501