What happens if the dollar loses status as the worlds reserve currency? What would happen if the US dollar is no longer the world’s primary reserve currency? This article explores the economic and financial implications for the United States and the global economy.
The Bland-Allison Act “The birth of the Morgan Dollar” Learn about the Bland-Allison Act and the Sherman Silver Purchase Act, two United States federal laws that aimed to stabilize the economy by increasing the money supply and promoting inflation, but ultimately failed to achieve their goals.
History of Price Manipulation of precious metals by large banks Learn about the recent fines imposed on large banks for manipulating the prices of precious metals, including JPMorgan’s $920 million settlement, and discover the potential reasons behind governments’ actions in influencing the prices of precious metals.
Could the world move back towards a currency back by precious metals? This article explores the potential for the world to move back towards a currency backed by precious metals, such as gold or silver. While there has been some discussion of this idea, significant changes to the global monetary system and international cooperation among governments and central banks would be necessary for such a shift to occur.
The purchasing power of the dollar Learn about how inflation affects the purchasing power of the dollar and why it’s important to have a balanced portfolio of stocks, bonds, and precious metals. Find out how much 50 cents in 1960 is worth today and the factors that affect the value of a 1960 silver half dollar.
How has the value of silver held up against inflation over the last 30 years This article explores the value of silver over the last 30 years, its historical performance against inflation, and the factors that can affect its price. Inflation is a major factor that affects the purchasing power of money over time. This article discusses the impact of inflation on currency and how silver has held up as a store of value over the years.
How has gold performed over the last 100 years? Over the last 100 years, the price of gold has varied significantly, experiencing periods of both significant growth and decline. Here are some key trends in the performance of gold over the past century: From 1915 to the early 1970s, the price of gold was generally stable, with the U.S. government setting/fixing the price at […]