What trick did Sly Dicky do 50 years ago?

Sly Dicky’s disaster Richard “Sly Dicky” Nixon, on the advice of Milton’s “Free Choice” Friedman, decided to end the convertibility of gold. He claimed that this was temporary, but his edict was a shameful default on the part of the US government. My God, I wish that we, the people, did not grant such power … Read moreWhat trick did Sly Dicky do 50 years ago?

The Central Bank of South Korea bought gold for the first time in 13 years

The Central Bank of South Korea has confirmed the purchase of gold for the first time in 13 years since 1998. Korea has bought 25 tons of gold to diversify its gold and foreign exchange reserves, as it is gold that is currently one of the safest investments. against the background of an unstable dollar … Read moreThe Central Bank of South Korea bought gold for the first time in 13 years

Rampant inflation and destruction of money will continue for years to come

History is a funny thing, almost as funny as human nature. Markets, including their latest “temporary inflation” meme, are no exception to this psychological tragicomedy. Temporary hope, timeless lies Towards the end of 1864, for example, as Union forces under General Grant approached Richmond at the end of a long and grueling civil war in … Read moreRampant inflation and destruction of money will continue for years to come