When a speculative attack occurs in the foreign exchange value of a currency, it results in a sudden sharp depreciation, which is known as a currency crisis. This isn't new information. Economists have known what causes a currency crisis for hundreds ...
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Mailbag: How to Sell Your Gold and Silver
Hi Len, I read in your blog that you recommend APMEX for buying precious metals. I've saved money to buy some bullion and I'm ready to invest! I'm just having trouble researching how to sell my gold and silver when the time comes. Can you shed some ...
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Is Silver Undervalued? The Evidence Is Overwhelming
It's no secret that the gold and silver markets are manipulated - the so-called "bullion banks" have admitted as much. As such, many people are claiming that the bankers' hijinks is proof positive that precious metals have been artificially ...
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Why Libertarians Prefer Gold and Silver to Fiat Currency
Nowhere in history has liberty ever caused a nation to lose its mind and soul like collectivism has. Never. For proof, all one has to do is look at history: the Jacobins during the French Revolution; in Russia -- Lenin, Stalin and the Bolsheviks; ...
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31 Fascinating Facts You Didn’t Know About Gold
Despite claims to the contrary from Wall Street financial service hucksters and statist economists the world over, there is no better money than gold. In fact, as JP Morgan famously noted, gold is money; everything else is credit. Of course, Morgan's ...
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What’s the Difference Between Currency vs. Money?
Most people use the terms "currency" and "money" interchangeably. However, there is a very subtle -- but significant -- difference between them.
If you're one of the few folks out there who understand the difference between currency and real ...
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Why Money Isn’t the Root of All Evil
So you think that money is the root of all evil? Have you ever asked what is the root of money? Money is a tool of exchange, which can't exist unless there are goods produced and men able to produce them. Money is the material shape of the principle ...
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The Pros and Cons of Investing in Gold Bullion vs. Gold Stocks
Gold investment in South Africa has a rich history deeply ingrained in the country's economic landscape. Gold has long been revered as a valuable asset and a hedge against economic uncertainty in this region. Its allure stems from its historical ...
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How Much Gold and Silver Should People Own?
Ever since I started writing about the importance of owning physical gold and silver as insurance against the inevitable failure of the US dollar, I've been receiving an increasing volume of questions in my inbox from folks curious to know more about ...
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The 5 Best Investment Options During a Recession
As the old saying goes, what goes up must come down. And while the stock market has been on a tear in recent years, investors would be wise to remember that recessions are a reality of the business cycle. This begs the question: What are the best ...
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A First-Time Buyer’s Guide for Gold and Silver
As economic turmoil around the world continues to increase, more and more people are buying gold and silver for wealth protection. Gold and silver are insurance against currency collapse, although some people buy them as investments too. If you're ...
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The Difference Between Real Wealth and Paper Wealth
Whenever destroyers appear among men, they start by destroying money, for money is men's protection and the base of a moral existence. Destroyers seize gold and leave to its owners a counterfeit pile of paper. This kills all objective standards and ...
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The Most Important Insurance We Never Buy
It's ironic, but bankers and fiscally irresponsible governments despise gold and silver. Why? Because precious metals demand accountability, that's why.
In short, gold-backed currencies force responsible governments to live within their ...
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Why Paying Off the Mortgage Early May Be a Big Mistake
Should you pay off the mortgage early? That question is, without any doubt, the most popular question posed by my readers. And sure enough, the other day I received this note from Lauren regarding the wisdom of paying down the mortgage early:
Len: ...
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When Is the Right Time to Use Your Wealth Insurance (Gold & Silver)?
Many people who understand that our current unsustainable debt-based monetary system is in its death throes protect their hard-earned nest eggs by purchasing physical gold and silver. Ironically, many are understandably uncertain about the right time ...
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Mailbag: What Happens to My Mortgage If the Dollar Hyperinflates?
Love your blog, Len. Let's just say it has opened my eyes, and for that I thank you. I've not been able to get a reasonable answer as to what happens when the dollar fails and mortgage holders are saddled with a house they can't pay for. Also, if the ...
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A Primer on the Gold Standard and Gold Revaluation
Today I want to share a primer with you on the gold standard, as well as a fun hypothetical example of how a potential gold revaluation would work.
With nearly $200 trillion in funded and unfunded liabilities on its books, the US government has ...
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Investment Options for Excellent Returns
Investing is an important part of planning for the future, especially when considering retirement. Saving for your retirement and financial stability is one of the most important things you can do while you're young.
Many financial advisors will ...
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How A Gold Backed IRA Can Help Protect Your Retirement Nest Egg
The stock market made great gains over the last several years. But that trend is clearly changing. As a result, if you have a traditional IRA or 401k, your retirement funds could be at risk. In fact, there is now plenty of evidence to at least ...
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Can Gold Really Get to $80,000 Per Ounce? Yes – and Here’s How
One of the biggest problems with our current monetary system is that we use the dollars we earn to not only buy things and pay our bills, but also as a savings vehicle, whether those savings are for a rainy day account, our kids' college fund, or ...
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