The dollar was collapsing but it has been rescued for now. Since the beginning of the crisis in 2008, the green currency suffered tremendously. The rescue of the dollar by…
By hoarding the gold of the world (about 66%), Roosevelt succeeded in making the dollar an international reserve currency. The Fed will then put in the new notes: ”As good as gold”. This is how begins the reign of the dollar. Currently it seems that…
The main medias keep sending mixed messages. But you have to distinguish here what we speak about. In fact, the euro is not the cause of the crisis that has its roots in 1971…
Here is a simple explanation of the inevitable decline of currencies and the rise of gold for the last 30 years. The consumerism society and the monetary privileges have pushed…
King Midas is one of the most known and controversial person in the Greek Mythology. King of Phrygia, Midas, was known for his wisdom but also his greed. Midas was a modern…
Gold is re-monetized through two process: the automation of the market and by convention (by rule of law, like for instance Bretton Woods in 1944). Today, gold is re-monetized through…
Monetary policy transmission (QE) of the current Fed chief Ben Bernanke is leading to the end of the dollar reign. Let us remember that this policy began in March 2009 and aimed to buy $ 300 billion of U.S. Treasury bonds, 30 and 10 of years. This…
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