The Shadow Gold Price: $10,000 An Ounce

We realize that experts the world over say gold is not money, but we can’t help but consider that if central banks are stocking up (ex-US), pension funds are stocking up, big money investors are stocking up, and individuals on the street are moving to diversify...

Flashback: ‘Gold Bugs Are Speaking Nonsense’

In December of 2009 well known economist and NYU professor Nouriel Roubini provided his professional opinion on where the gold price was headed: “I don’t believe in gold,” Roubini told CNBC. “Gold can go up for only two reasons.” “[One is] inflation, and we are in a...

Ben Bernanke Says Gold is NOT Money

Though they have been used for millenia as a means of exchange, from Sumeria where silver was used to conduct transactions over 6000 years ago to the United States of America which, up until the 1970’s, linked the value of the US dollar to an ounce of gold, some...