Part II of IV by Claudio Grass The lasting impact of the Nixon Shock The economic and monetary consequences of Nixon’s decision to end the convertibility of the US dollar to gold are as numerous as they are severe. It marked the start of five decades of monetary and fiscal insanity and it unleashed unprecedented …
Tag: federal reserve
Get real, be real, and buy real – Part II
Interview with David Morgan: Part II of II Claudio Grass (CG): During the first wave of lockdowns and travel bans we saw a lot of disruptions in the physical precious metal market. With delivery delays and logistics problems, has the situation fully normalized today for physical silver, or are you seeing shortages? David Morgan (DM): We are …
THE CURRENT MONETARY ORDER IS NEARING ITS END
Interview with Dimitri Speck Given the massive intervention and monetary manipulation experiment by central banks over the last decade, the amount of distortions created in the market, as well as the record debt accumulation at all levels of the economy, have given rise to considerable risks for investors. For a more detailed understanding of these …
Death knell tolls for the euro as more European nations repatriate gold – expert to RT
The latest trend among European countries of bringing home their gold reserves has been raising concerns in Brussels. RT talked to Claudio Grass of Precious Metal Advisory Switzerland to understand what’s behind that trend. According to Grass, the process means disintegration, which usually comes with instability, unrest, more government intervention and control. “The central banks …
