From BullionStar.com on Zerohedge Smuggling gold to India and Japan has become a lucrative business for many dealers and middlemen across Asia. It is widely known that demand for physical gold by Asian populations is insatiable. From the estimated 25,000 tonnes of gold held by India’s population to the more than 20,000 tonnes of gold calculated to be held... Continue Reading →
Fiat money is more inflationary than you think
By u/Zladtmohican1 on Reddit Listening to the Fed chair speak today has helped me organize this thought I have had for awhile. We know that USD and all fiat currencies are inflationary, but many people do not understand to what degree when you account for deflation. We live in a deflationary world. Deflation defined here... Continue Reading →
