Max Keiser, of maxkeiser.com, James Turk, Director of The GoldMoney Foundation and Pierre Jovanovic, jovanovic.com, tell the story of the introduction of Fiat Money to France. In this episode we look at the use of Fiat Money during the French Revolution and how monetary mismanagement made an already delicate situation even worse, destroying the nation’s
Daily Archives: July 2, 2015
History: Fiat money inflation in France – Part 1: John Law
Max Keiser, of maxkeiser.com, James Turk, Director of The GoldMoney Foundation and Pierre Jovanovic, jovanovic.com, tell the story of the introduction of Fiat Money to France. They discuss John Law and how his money printing fix was seen by the French Regent as a way out of the kingdom’s debt troubles — accumulated by past
Gold Recovery and China-PBOC’s Trouble
The economy at an international scale has a stubborn flu. The European Union and Greece situation, denominated by the media as the “Grexit”, is impacting on all the markets and making falling almost all indexes. Even the strong and disciplined Asian potencies are being affected in a way or another. We can see precious metals having weeks of constant sinking and nobody do something about it. Maybe India can be responsible for the recovery of gold, silver and jewellery markets.
Gold is losing the race against the Dollar
These are not good days for gold prices. Too many important and relevant events eclipsing the precious metal market are going on. From America to Greece, there is big news in the economic matter. At every side, gold prices are getting hit and the fall continues.
