Would a BRICS currency challenge the U.S. dollar?

Discussions of a new “BRICS currency” are gaining widespread attention. This article explores why an increasing number of foreign nations are attempting to “de-dollarize,” and why gold has emerged as a viable alternative to the USD as the global reserve currency.

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What makes the gold price rise and fall?

The price of gold rises when some event encourages marginal buyers to buy, or discourages marginal sellers from selling. This article discusses the top 10 factors that drive gold prices.

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What Causes the Economy to Crash?

Economic crashes begin with artificially low interest rates and credit expansion which lead to a misallocation of resources, inevitably culminating in a recession.

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What Backs the United States Dollar?

Prior to 1971, the US dollar was backed by gold. Today, the dollar is backed by 2 things: the government’s ability to generate revenues (via debt or taxes), and its authority to compel economic participants to transact in dollars.

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Semiconductors, Medicine, and Telescopes: Industrial Uses of Gold

We are all familiar with gold’s visual beauty, which made it the precious metal of kings and emperors for thousands of years. Today, this illustrious yellow metal is no longer reserved for royalty. You rely on gold every day, as does anyone who takes advantage of modern electronics, dentistry, medicine, and…space travel?

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Why Does Fiat Currency Fail?

Fiat currencies rule the world, despite their shoddy track record over the last 100 years. What can we learn from fiat currency collapses in recent history?

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