Commodity Trade Mantra

Posts Tagged ‘Fiat Paper’

Gold is a Permanent Menace to Government's Power over Fiat Money

Existence of gold in the economy is a constant reminder of the poor quality of government paper & it always poses a threat to replace the paper as the country’s money. Despite government backing of its prestige & its legal tender laws to fiat paper, gold coins in the hands of the public will always be a permanent reproach & menace to government’s power over money.

PetroDollar On Its Deathbed. Are Gold & Silver About To Rally?

The pillars are crumbling for the debt-laden, gasping for life petrodollar. Central banks are suppressing gold and silver to eliminate competition to their paper debt Ponzi scheme. China & Russia, backed by massive amounts of gold, are engaged in deals to foster growth & encouraging other countries to build and grow from within.

Why The West Sells Gold And China Buys It

Western economies have created a finance industry dependent on fiat paper, have survived without using gold as money and therefore predisposed to dismiss gold as never being money again. So the West is less worried about losing physical gold than it should be & China is glad of the opportunity.

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