Gold Continues to Rise Above $5,000 as Debasement Trade Accelerates
Gold and Silver Prices Surge Amid Geopolitical Uncertainty Gold prices have increased for two consecutive days, surpassing the $5,000 mark per ounce, driven by rising geopolitical tensions and a migration away from sovereign debt and currencies. On Tuesday, gold bullion climbed up to 1.8%, marking the seventh day of gains, while silver saw an impressive […]
George Eliot’s Currency Debasement Warning
our budget deficit has a sweet tooth George Eliot’s short stories “Brother Jacob” begins with a warning about the dangers of the desire to offer sweets. “Among the many fatalities associated with the blossoming of youthful desires, perhaps the fatality of blindly embarking on a confectionery line is not sufficiently considered.” Elliott write. What are […]