https://www.youtube.com/watch?v=Dt7hTCeoXUM Gold has both a special and dark past, although many without knowledge consider gold to be nothing more than a relic of past times, or a want in terms of jewellery and other specially made items, gold as a commodity is still flourishing in modern society, and still plays a pivotal role in economics
Author Archives: Gold News Australia
What Is a Gold Standard?
Before 1974, U.S. dollars were backed by gold. This meant that the federal government could not print more money than it could redeem for gold. While this constrained the federal government, it also provided citizens with a relatively stable purchasing power for goods and services. While Australia had remained on the path of the sterling
The great stock market crash of 1929
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The Great Euro Crisis Documentary
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Keen on private debt growth limit, Schiff on Greece and China
Greece needs to strike a deal with its creditors by the end of the month to stay afloat. That’s what the Greek government has said despite the fact that the country has entered yet another week with no signs of securing a deal in sight. News emerged on Monday that Greece came close to defaulting
The European Debt Crisis Visualised
https://www.youtube.com/watch?v=j4_tyEl84IQ At the heart of the European debt crisis is the euro, the currency that tied together 18 countries in an intimate manner. So when one country teeters on the brink of financial collapse, the entire continent is at risk. How did such a flawed system come to be? Bloomberg Television and Jonathan Jarvis present
Yes or No? Greece Again on the Brink: Greek Debt Crisis (Episode 1)
For the past five years, Greece has been struggling with a financial crisis that has led the country to the brink of an exit from the euro and an economic collapse. VICE News took to the streets of Athens in an effort to understand what this critical moment for the country might mean for its
As Greece officially defaults on loan repayments, IMF releases figures for Greek continuation of the Euro.
As Greece officially defaults on their previous loan terms, the IMF have concluded in order to sustain Greece until 2018, a total of 50 billion euro would need to be provided. The only other alternative would be a short term loan of 29 billion which is estimated to last Greece through to October 2016.
History: Fiat money inflation in France – Part 2: Assignats
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
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
