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.
credit
Credit Spreads Approach 2007 Levels
Low credit spreads and surges in “extreme greed” often reflect a fervor which disregards proper risk assessment.
Why Do People Say “Gold is Money”?
History, economic theory, and empirical evidence: three arguments supporting gold as the purest form of money.
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.