The US Constitution does permit paper currency to serve as legal tender. But that currency must be backed by gold or silver coinage. By definition, there are only 3 coins made by the US Mint that is by definition US money or coinage. The only 3 coins made by the US Mint with face value […]
Gold and silver were indeed considered money under the US Constitution, and the Constitution granted Congress the authority to coin money, regulate its value, and specify the standards for coinage. Thomas Jefferson, one of the Founding Fathers of the United States and the third President of the United States had strong opinions about central banking […]
Markets often exhibit cyclical patterns, and these cycles can occur in various financial markets, including stock markets, real estate markets, and commodity markets. Interest rate cycles and business cycles are also very common based on monetary policy. Market cycles are driven by a combination of economic, psychological, and structural factors. A case can be made […]
The concept of coinage dates back to ancient civilizations and the earliest coins were developed independently in various regions of the world. It’s important to note that the concept of using standardized metal coins as a medium of exchange and representation of value emerged independently in different cultures over time. The specific dating and details […]
The central banking system is a crucial component of a country’s monetary and financial framework. It plays a pivotal role in managing a nation’s currency, money supply, interest rates, and overall economic stability. Central banks operate as independent entities or government agencies and are responsible for implementing monetary policy to achieve specific economic goals.
Wealth preservation refers to strategies and actions taken to protect and maintain the value of one’s assets over time. It involves managing risks and minimizing potential losses to safeguard wealth and ensure its long-term sustainability. These strategies can include diversification, risk management, asset allocation, regular monitoring and review, and tax-efficient strategies. Wall Street will not […]
Look at a paper dollar bill in your pocket. This note no longer says One Dollar in silver payable to the bearer on demand. Our currency no longer says Twenty dollars in gold payable to the bearer on demand. Our currency is a Federal Reserve Note, it says it right on there in big capital […]
The gold standard is a monetary system in which a country’s currency is directly linked to a fixed quantity of gold. Under the gold standard, the value of a currency is determined by the amount of gold that can be exchanged for it. For example, if a country’s currency is linked to gold at a […]
The KRLA 16th Annual Wealth Summit provides attendees with insights and strategies to help them grow and protect their wealth. This year’s summit focuses on diversifying investment portfolios with precious metals. Hosts Jennifer Horn and Grant Stinchfield with special guest Ken Russo, Sr. VP of the Midas Gold Group, discuss how to make informed investment […]
Money by definition is a medium that can be exchanges for goods and services and is used as a measure of their values on the market. Money includes among its forms a commodity such as gold, an officially issued coin or note, or a deposit in a checking account or other readily liquefiable account. Money […]
Click on the image to download our Guide to Owning Bullion & Coins, a basic tool for new and experienced metal investors.
