Then and Now: Is Gold Really Money?
October 2011 by Chris RalphThe gold from 80 years ago still holds all of its value—it’s the Dollar that has been damaged.
Many observers have questioned why the precious metals have not enjoyed strong rallies despite a growing number of positive indicators.
Like it or not, the US Supreme Court has ruled and the so-called “Affordable Care Act” (ACA) is now the law of the land—and the Tax Code. What’s more, despite the promises of many politicians to repeal it, it may be around in some form for years to come.
Perhaps the heart of our pro-gold thesis is this consideration: governments are inherently inefficient, they attempt to provide services far beyond their genuine fiscal ability and these trends result in deficit financing, growing debt levels and ultimate “watering” down of currency values.
The Bawl Mill • Legislative And Regulatory Update • Ask The Experts—Separating platinum from sands using bubbles • Ask The Experts—Extraction of micro gold from black sands • Ask The Experts—Difference between a Geiger counter and scintillator • Gold, Quartz & Chalcedony—Part I • Prospecting Australia—Part I • Oregon Dredge Permit Litigation Update • Gold From Black Sand Tailings • The Fine Art of Panning Heavy Sands • California State Gold Panning Championships • The Golden Days of Julian, California • An Expensive Lesson • Judge Denies Request To Delay Michigan Mine • Melman on Gold & Silver