Commodity Trade Mantra

Posts Tagged ‘Gold and Silver Money’

The Two Different Worlds of Gold and Silver: East and West

He who has the gold makes the rules. The “world” in the East has never ceased to recognize the Golden Rule. The “world” in the West now contemptuously scorns this eternal wisdom. While in the East, even the most humble peasant understands why we need to store our wealth in gold and silver money, there is no longer a need in modern economy for this “Perfect Money” in the West.

Gold and Silver Money Has Devolved Into Debt and Plastic

Gold and silver were supposedly no longer needed in the financial system & gold has become a “traditional” asset, taxed like an investment & is no longer considered an alternate currency. The Chinese, Russians, Arabs & Indians disagreed, but gold and silver prices have been “managed” so westerners would not lose confidence in the paper & digital replacements for real money.

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