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purchasing power

Manufacturing prowess based on sound money

The ability of a business to maintain accurate and meaningful accounts is undermined by the debasement of the accounting medium, fiat currency. Understand this and you understand the corrosive effects of weak money. This important subject receives almost no attention. Instead it is argued that a weak currency can stimulate exports and ...

2013-APR-14 · Alasdair Macleod

fiat currency, Germany, purchasing power, sound money

Gold rises for the 12th consecutive year

For the twelfth year in a row, the gold price in terms of US dollars rose in 2012. Gold climbed 7.0%, so an arithmetic average of its annual rate of appreciation for the last 12 years when measured in US dollars is 16.8%. Gold also rose in 2012 against all of the eight other major world currencies presented in the following table. ...

2013-JAN-02 · James Turk

debt crisis, fiat currency, gold price, purchasing power, silver price

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CURRENT PRECIOUS METAL PRICES

	Gold: Gold Buy Rates	$43.1939/gg $1,343.50/oz
	Silver: Silver Buy Rates	$0.6809/gg $21.18/oz
	Platinum: Platinum Buy Rates	$45.1397/pg $1,404.00/oz
	Palladium: Palladium Buy Rates	$22.1197/pd $688.00/oz