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paper currency

Euro Bailout Boosts Gold To Fresh Highs

May 12, 2010

in GoldMoney, Greece, central banks, europe, gold, hyperinflation, international economy, international stock market, market reports, market trends, news and updates, precious metals, sovereign debt, stimulus, world order

In a surprise reaction to the weekend approval of the one trillion euro bailout of Greece (750 billion euros from the ECB and 250 billion euros from the IMF, i.e., U.S. money, i.e., China’s savings), markets remained suspicious of long-term improvement in both Greece and the Euro.
As a result, this week has seen a steady [...]

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Why You’re Wrong If You Think Gold at $2000/oz Is Unlikely… or Worse, Just a Bubble

November 27, 2009 · 10 comments

in US Treasury, USD, central banks, commodities, currencies, foreign investment, forex, gold, hyperinflation, inflation, international economy, mining, precious metals, resources, wealth protection, world reserve currency

A gold tsunami is at our doorstep.  It’s not about a bubble, trade or even a wall of fear.  It might be partly some of each of those things, but that’s because it’s much, much bigger than each of those things.  And I’m no gold bug – nor do I keep a cabin hideaway full [...]

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