Failing fiat! Gold and silver lining

Share The Knowledge

It was the biblical economist Norm Franz who said “Gold is the money of kings, silver is the money of gentlemen, barter is the money of peasants – but debt is the money of slaves.”

We are living through one of the greatest monetary experiments in modern history where monetizing debt is enslaving millions.

But is there a silver lining to the cloud of massive monetary debasement? Economist and writer David Morgan, alongside Goldcore founder Mark O’Byrne, join host Ross Ashcroft to find out

NEWS and COMMENTARY

Gold swings higher in frothy trading after biggest plunge in 7 years

Gold settles higher, a day after losing more than 4%

U.S. July deficit falls to $63 billion on delayed tax payments

What Is Driving Gold’s Wild Ride?

Fed’s Rosengren says now is the time to take strong fiscal actions

GOLD PRICES (USD, GBP & EUR – AM/ PM LBMA Fix)

12-Aug-20 1931.70 1931.90 1479.10 1483.70 1642.14 1640.57
11-Aug-20 1996.60 1939.65 1524.40 1479.57 1694.51 1646.76
10-Aug-20 2030.30 2044.50 1552.98 1561.38 1725.35 1734.96
07-Aug-20 2061.50 2031.15 1574.37 1559.52 1743.82 1726.88
06-Aug-20 2049.15 2067.15 1555.30 1569.59 1728.87 1743.43
05-Aug-20 2034.45 2048.15 1553.30 1558.03 1718.09 1722.90
04-Aug-20 1972.25 1977.90 1508.77 1519.62 1671.09 1686.56
03-Aug-20 1972.95 1958.55 1509.50 1504.56 1678.39 1670.45
31-Jul-20 1974.70 1964.90 1505.91 1492.54 1666.84 1661.72
30-Jul-20 1952.20 1957.65, 1503.00 1502.10 & 1662.30 1662.44
29-Jul-20 1954.35 1950.90, 1506.80 1502.39 & 1663.54 1659.24
28-Jul-20 1931.65 1940.90, 1499.15 1501.48 & 1647.70 1654.23
27-Jul-20 1940.55 1936.65, 1511.30 1504.78 & 1659.56 1647.70
24-Jul-20 1893.85 1902.10, 1486.67 1490.30 & 1631.55 1638.09
23-Jul-20 1882.35 1878.30, 1480.28 1477.47 & 1624.47 1621.54
22-Jul-20 1851.00 1852.40, 1462.85 1456.91 & 1604.82 1598.44
21-Jul-20 1823.20 1842.55, 1436.86 1449.35 & 1594.21 1608.36