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.
This past month has been filled with headline-grabbing news events and, for a change, it was not only politics that dominated those news stories, but rather financial markets themselves, with gold and mining shares grabbing a major share of attention.
It should come as no surprise that gold and silver acted similarly, rising sharply during the early hours of the crisis and retreating as tensions abated.
All we can say is “Welcome to 2012,” and if the first part of January is any indication, it is going to be quite a year on many fronts from the ongoing international financial crisis to the progress of a presidential election set to end this coming November.
There seem to be two possibilities for the future of this disease and either way there will be an effect on the price of gold.
These moves were the first serious interruption to the bull market, which had not encountered a serious decline since the election of November, 2016. Since general market moves have been one of the most reliable historic indicators of precious metals market moves, we take a close look at these developments.
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