Few people today would bother to pick up a penny laying on the ground. It currently costs the government more than 2.5 cents to produce a penny. The cent simply makes no economic sense.
Investors who still think that Bitcoin and other cryptocurrencies can make them rich are fooling themselves. Once governments are fully in control, it will no longer be a free market.
As gold bulls defend the key $2,000 level, sound money proponents are scoring big wins in state legislatures. Arkansas governor recently signed the Legal Tender Act ...
We should first ask why the Federal Reserve (or any other central bank) is even necessary. Answering that leads quickly to much deeper questions, like what is “money”...
Mississippi has become the 43rd state in the country to end sales taxes on the purchase of physical gold, silver, platinum, and palladium coins and bullion.
Rumors are making rounds that Saudi Arabia is selling oil for yuan, which it converts into gold on the SGEI. Such a development would make sense as large parts of the world want to de-dollarize..
Central banks will continue buying the precious metal as part of their diversification strategy, while investors will like its hedging appeal in an environment where..