Tag Archives: real money

The term ‘fiat money’ comes up often and is used in financial and economic commentary. Definitions are offered, but they vary somewhat in accuracy and clarity, and tend to be incomplete, so what exactly is the most accurate and complete definition? Words: 663

Deception is now so great in our world of finance that people can not discern the difference between what is ‘real’ and what is ‘fake’ money.

It is impossible to understand and appreciate the tremendous appeal of gold and silver without understanding the precise and comprehensive definition of the word "money". This article does just that.

As Ayn Rand said “We can ignore reality, but we cannot ignore the consequences of ignoring reality” so, with apologies to Ayn Rand, let’s explore some examples of ignoring reality. (Words: 1132; Charts: 1)

What we have had in the West, in recent decades, has been the welfare state..., what I would call ‘socialism light’...The people in power, the elite, do not want to relinquish their power so they plan to retain it under full-blown socialism for the populations of the West....This...means the inevitable decline of industrial civilization, and the inevitable impoverishment of the world’s population....

That governments will want - and will NEED - much, much higher gold and silver prices in the future is counter intuitive, given that they have done everything within their power to throttle back and to keep a lid on bullion prices. Let me explain why. Words: 1300

For a decade I have been urging my subscribers to move into gold - either physical bullion or otherwise [Richard Russell: Get Prepared – A Gold Tsunami is Coming] . Now I am at it again: PLEASE MOVE INTO GOLD. [Here's why you should.] Words: 720

Have you ever wondered what money really is [and why we need to own some gold as a result]? You'll notice that everyone you read has a strong opinion , but who's right? [Let look at the situation and see if we can come to an answer that we both can agree on.] Words: 3086