Gold vs. Money Supply
History is clear: when the money supply increases, the gold price follows. The more dollars are printed, the more can be stuffed into the earth’s limited supply of gold.
Economics of Gold
History of Hard Money: The Denarius and the Fall of Rome
When Matthew wrote his gospel in 85 AD, one pure silver Denarius covered the daily wages of a skilled Roman craftsman. Three hundred years later, the coin had been reduced to a worthless scrap of copper alongside a crumbled empire.
History of Hard Money: The Mississippi Bubble
If you happened to be walking around Paris from 1715 to 1722, you would have encountered one of the first experiments with paper money, centralized banking, and fractional reserves.
The Gold Supply Chain: How Does it Work?
The gold supply chain has generated vast riches, strengthened the global economy, and shaped civilizations. Let’s take a look at how the supply chain functions today.