
Devaluation of Major Fiat Currencies Versus Gold Since 1900
Devaluation of major fiat currencies versus gold since 1900. The dollar devalued by 98.4% to gold.
Read articleDevaluation of major fiat currencies versus gold since 1900. The dollar devalued by 98.4% to gold.
Read articleA Hyperinflationary Depression has always been the inevitable end to the biggest financial bubble in history. And this time it will be global. Hyperinflation will spread from country to country like Coronavirus.
Read articleWith the ongoing financial meltdown, demand for precious metals has exploded while at the same time, supply has abruptly dried up. Prices will not stay long at current levels. Expect some great surprises in May-June.
Read articleWhoever doesn’t learn to dance in the rain will struggle to survive the virtually non-stop storms that the world will experience in the next few years. The abrupt downturn in the global economy, triggered but not caused by coronavirus, came as a lightning bolt out of the blue.
Read articleWhat's the point of holding dollars (paper) if you can't buy physical gold ? It's a bit dangerous to think that one will be able to time exactly when to make the move from dollars to physical gold.
Read articleMining in Mexico has been shut down by government decree until the end of April as part of measures to contain the COVID-19 virus outbreak, having not been granted an exemption as an essential service.
Read articleAre we witnessing the end of "paper" gold with the blatant disconnect in between futures (paper) and physical market ?
Read articleWith very little physical available and demand substantial, there is soon likely to be pressure on the paper market. Investors who have bought gold and silver futures will be concerned of the contracts being honoured and ask for delivery. What we are seeing now is probably the beginning of the en...
Read articleI'm not sure how accurately the price of gold that I see on my screen reflects the actual demand. The gold market seems split at the moment. While the price is falling, meaning there are more sellers than buyers, everything I read on Twitter is that physical gold is nearly unobtainable.
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