Back in the summer of 2011, many of us were reading about the Weimar Republic and its hyperinflationary downfall. A decade later, it's time to revisit the history.
The single fundamental for gold is that gold is real money. PERIOD. Gold’s value is in its use as money.
Whereas gold is real money, the US dollar and all paper currencies are...
But the bottom line is that what began as ‘monetary’ inflation as usual, has mutated outside of the monetary and into the real world, which the Fed will find not so friendly a place..
Retail was a bloody mess! But revenue looked pretty good … considering! So, what was all the red about, and why all the screaming on the stock exchange?