Free Gold Money Report
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Free Gold Money Report aims to help readers better understand gold, money and currency through James Turk's commentaries and insights. The aim to is help everyone whether you are a novice investor or an experienced trader.
Free Gold Money Report
6M ago
“How did you go bankrupt?” Bill asked. “Two ways,” Mike said. “Gradually and then suddenly.” Ernest Hemingway, The Sun Also Rises, 1926. The financial position of the federal government of the United States has been gradually deteriorating for decades. It is now rushing headlong to the financial tipping point that will cause it to default on
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Free Gold Money Report
1y ago
Money is routinely defined by what it does, rather than what it is. That is unfortunate because its modern definition overlooks money’s important – but now forgotten – fourth function. Aristotle observed that money is a medium of exchange, unit of account, and store of value. This definition omits the fourth function needed to explain
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Free Gold Money Report
1y ago
In 1922 Benito Mussolini became prime minister of Italy, putting that country on a path that had global ramifications. He was the world’s first fascist leader. Other fascists soon followed with fanciful promises that were varied but tuned in to what people wanted to hear. Their problems would be solved, whether the restoration of order,
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Free Gold Money Report
2y ago
Some interesting data on housing prices in the United Kingdom(1) was recently published by Savills, one of the world’s leading property agents. The important messages that can be drawn from this data apply globally, namely, that fiat currency has a clear and direct impact on prices that can lead to a variety of misconceptions about
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Free Gold Money Report
2y ago
Every natural element to which the earth has been endowed has a usefulness – a purpose. If we listen to gold, one of the earth’s natural elements, its message is loud and clear – gold is money. To serve as natural money is gold’s highest purpose.
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Free Gold Money Report
2y ago
The German version of The Epoch Times newspaper published an interview by Roman Baudzus with James Turk on April 8, 2022, which was also posted online and can be read at this link. With their permission to publish the English version, the interview follows: RB: I would like to start our conversation with a look
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Free Gold Money Report
2y ago
Silver continues to underperform gold, but I believe that is about to change. It may happen as soon as this week after the Federal Reserve announces its half-hearted effort to control inflation by raising interest rates only .25% or .50%. Based on last Friday’s closing prices, it took 76 ounces of silver to equal the
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Free Gold Money Report
2y ago
It was not long after the internet began appealing to a wide audience with the adoption of browsers in the late 1990s that virtual currency appeared in online gaming. The potential of virtual currency opened a world of new possibilities, and entrepreneurs acted. Capitalism creates new products to replace those when they fail to provide
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Free Gold Money Report
2y ago
Several people have asked why I wrote Money and Liberty: In the Pursuit of Happiness & The Theory of Natural Money while others requested some insight about its content. My objective was to explain why: gold is money and not an ‘investment’, which is not well understood these days, even among many in the gold
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Free Gold Money Report
5y ago
In an article last year entitled “Bankruptcy 1995 Revisited”, I presented a detailed analysis of the US government’s financial position. It wasn’t a pretty picture then, and it looks even worse now. When you take away the political posturing, promises and rhetoric surrounding the US government’s financial position, all the cold, hard facts boil down Read more
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