Gold and the Dollar: A Breakup Story
Gold and the US dollar were once inseparable partners. Now they are sworn rivals. Let's dig into the breakup that shaped the modern economic system.
central bank
Gold Reserves vs. Treasuries: Did Gold Just Become the Global Reserve Currency?
The value of central bank gold reserves just surpassed the value of foreign U.S. Treasury holdings. When the biggest players in the world swap bonds for bullion, it’s worth paying attention.
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.
Interest Rates vs. Gold: 3 ways the Fed impacts gold
Gold and interest rates have an inverse relationship. When interest rates fall, the price of gold tends to rise, and vice versa.
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.
How Does Quantitative Easing Impact Gold?
The long-term risks of quantitative easing, including eroding the credibility of the US dollar, are closely linked to gold's performance.
History of Hard Money: Japan’s Lost Decade
In the 1990s, Japan’s economy crashed after a frenzy of debt, speculation, and easy money. Japan’s lost decade now stands as a dire warning to modern economists.
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.
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.