Tag Archives: inflation

The Absolute Best Way to Own Gold Today

Gold ownership, in the context of investing, refers to holding physical gold or financial instruments that represent a claim on gold. Investors may own gold for various reasons, such as diversifying their portfolio, hedging against inflation, or seeking a safe haven during times of economic and geopolitical uncertainty. These reasons are glaringly obvious in today’s […]

Lost Purchasing Power for Our Paper Dollar

The US dollar became a pure fiat currency in 1971. Before that, the dollar was backed by gold under the Bretton Woods system established after World War II. In 1944 the Bretton Woods Agreement established the US dollar as the world’s reserve currency, backed by and pegged to gold at $35 per ounce. Other currencies […]

The Federal Government Borrows Its Own Money and Pays Interest

I asked Claude AI recently that exact question. Why would the federal government borrow its own money and pay interest? The federal government borrows money by issuing Treasury securities, even though it has the power to create money. The Federal Reserve, the central bank of the United States, is responsible for managing the money supply […]

The Price of Silver Has Fluctuated Over the Past 50 Years

The modern era of silver futures trading began in the 1970s. In 1973, COMEX introduced a standardized silver futures contract, which helped to increase liquidity and market participation. The contract specifications, such as the contract size and delivery terms, made it easier for investors to trade silver. Futures contracts allow investors, producers, and consumers to […]

Our Federal Reserve Note Loses Purchasing Power Over Time

The United States transitioned to a central banking system with the creation of the Federal Reserve System in 1913. The Panic of 1907, a severe financial crisis, highlighted the need for a more stable banking system and a lender of last resort. The Federal Reserve Act was signed into law by President Woodrow Wilson on […]

The Benefits of Owning Physical Gold According to Claude AI

Claude AI is an AI assistant created by Anthropic, PBC to be helpful, harmless, and honest. Claude AI is a large language model trained to engage in open-ended conversation on a wide range of subjects. Claude has a broad knowledge spanning science, history, current events, arts and culture, and many other domains. Claude AI can […]

Real-life Examples of Gold Holding Your Purchasing Power

Purchasing power refers to the amount of goods and services that can be bought with a unit of currency, such as the US dollar. It represents the value of money in terms of what it can buy, rather than its nominal value. When the purchasing power of the US dollar changes, it means that the […]

The US Dollar is Next in Line for the Centrally Controlled Money Graveyard

Centrally controlled money refers to a monetary system where a central authority, typically a country’s central bank or government, has significant control over the money supply and implements monetary policy. The central bank or government can print and issue currency. This gives them more direct control over the money supply. Interest rates and bank reserve […]

Timeline of Real Money to Total Fiat Currency

Money backed by gold refers to a monetary system where a country’s currency or paper money has its value linked to gold. For many years in the late 19th and early 20th century, many major economies had currencies that were fully or partially backed by gold. This was known as the gold standard. In a […]

Gold and Silver Is Real Money by the US Constitution

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 […]

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