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Archive for fiat currency
Fiat Currency
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Fiat Currency
Fiat currency can be simply defined as the money which cannot be converted into any other form. It is also a kind of currency which does not have a fixed value and the value can change in changing circumstances. Read More→
Time To Buy Gold Coins
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By Peter Costa
There could not be a better time to buy gold coins. There has been a slight correction in the price of gold making it an ideal buying opportunity. This is an extremely temporary situation and before we know it gold will be breaking record highs. For years I have been advising individuals to get into gold and thus far my deductions have been correct. Recently I have received a lot of questions regarding gold and many have been asking if it is too late to get into the yellow metal. This is an excellent question and is something I am going to solely address in this article. Read More→
Fiat Money Paving The Way For Hyper Inflation
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By Peter Costa
With a new decade upon us one cannot help but ponder the direction we are heading in as a whole. It seems like we are in a relentless circle of repetition doomed to repeat the same mistakes our previous generations fought to overcome. As we step into this new day and age we need to open our eyes to the reality of things versus the illusions we have been made to believe. When you turn on the television today you are inundated with the constant smoke and mirrors used to shield us from the truth. Allow me to remove the smoke and mirrors from you and share the reality of our economy as we step into this new decade. Read More→
Fiat Currency Is Doomed To Fail
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By Peter Costa
Gold bears are sitting in their glory as gold takes the much anticipated correction. It amuses me how gold has been such a proven asset for over 5000 years and the second it has a correction people start to abandon ship. I am a gold bug and proud to admit it. I cease to believe the illusionary dollar recovery and have no doubt in my mind that inflation is about to rear its ugly head. The problem with most gold investors is that they see gold as an investment rather than an asset. They look at gold and try to turn profit on its volatility not even considering that it is an asset more than anything. Gold is a precious asset and only those who appreciate and understand this are going to benefit from the preternatural climb it is about to have. Read More→
The Truth Behind The Dollar And The Value of Gold
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By Peter Costa
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The price of gold is unparalleled from any other time in the nation’s history and is only expected to continue this upward trend. As much as the gold bears are expecting a price correction with gold I feel the yellow metal is only going to become more and more valuable. A copious amount of investors are treating gold like it is a mutual fund or stock not realizing it is an asset more than anything and is used as a storehouse of value. Globally we are in an anomalous time that surpasses any investment wave or price correction. We are in a time where all of the currencies globally are suffering and if not attended to could collapse. It would take a true historian to understand the present circumstances we are in because history truly repeats itself. I am far from a historian but based on my considerable research of past economic events I have come up with a serious case pertaining to where things are heading. Read More→
