Gold News
We’ve all seen charts depicting the price of gold spanning the past few decades inflation-adjusted to today’s prices. When this is done the all time high from 1980 in sterling terms is £1300. (click for sharper image) But there is a problem when using the CPI or RPI to try and work out what prices [...]
Good friend of Gold Made Simple, Dominic Frisby, has really excelled in his latest offering. He manages to cut through all the MSM crap on the financial crisis in one simple song which is a reworking of the song ‘Sex Bomb’ – and he also manages to get some burlesque dancers in there too, well played [...]
The IMF has published an update to their World Economic Outlook today, and it makes for pretty grim reading for the UK. The heady days of growth at 0.8% in 2012 and 2% in 2013 have been slashed all the way to 0.2% and 1.4 percent respectively: (click for sharper image) Which means that the [...]
You may remember last year we wrote a couple of articles (here and here) on a piece of legislation introduced at the state level in Utah that would allow citizens in that State to once again use the precious metals unencumbered as money. We can report that Gary Herbert, the Utah governor has singed into [...]
The bank of England have released their Quarterly Inflation Report. Why the MSM give so much attention to an organisation like the BoE who have such a poor track record at ‘guessing’ the CPI rate is beyond us – but we digress. The report is full of the usual ‘fan-charts’ which seem to be all [...]
The World Gold Council are out with a piece of research looking at gold demand in the third quarter of 2011. Unsurprisingly demand is up some 6% on the same period from 2010. In value terms that adds up to $57.7bn in a single quarter – a record. But it is investment demand out of [...]
I wrote the following essay yesterday for TheStreet.com. Yesterday the U.S. Federal Reserve delivered no real surprises. Its new policy was expected by the market and those members of the public who still follow the central bank’s every move with interest and, I can only assume, in the misguided belief that it has the answer to [...]
Yesterday the Chair of the sub-committee on the domestic monetary policy (and Presidential candidate) Ron Paul, held an hour long hearing on monetary reform and the return to a gold standard. Ron Paul has almost single handedly bought the issue of monetary reform and need for commodity based money into the mainstream. And yesterday was [...]
Ron Paul was on CNBC with probably the most honest and sobering assessment you will hear about where we are today, he said: “What we are dealing with is the end of the $ world reserve standard. This is not minor, this is probably a bigger problem the world has ever faced” and: “What i [...]
Here is a quick video pulling together the statements by Tim Geithner on the AAA status of the US. He’s basically absolutely certain that the US will not be downgraded. Then we show Ben Bernanke being absolutely certain that he can control inflation – so the question is, what if he’s wrong like Tim Geithner [...]
