Category: History and Economics
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Why is gold a hedge against inflation.
For thousands of years, the majority of the world’s population has considered gold, not monetary specie, the true measure of wealth. While the demand for most precious metals principally arises secondarily to their manufacturing use and industrial application, the demand for gold arises from the desire to accumulate wealth. In the last few years, governments around…
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What are the main causes of currency crises?
Last month Belarus witnessed the effects of a collapsed currency when the Government cut the rouble’s value against the US dollar by almost half. Previously 3155 roubles would buy a dollar but in the blink of an eye they decided 4930 would be needed. This was not even the reality because perception of the collapsing…
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Podcast The Infamous 1933 Double Eagle (with David Tripp).
The Coin Week Podcast is sponsored by PCGS. Before Sotheby’s auctioned the coin we’ll discuss today, they trusted PCGS to grade it. Maybe you should follow suit and trust PCGS to provide unbiased expert opinions on your numismatic collectibles. Visit www.pcgs.com to become a Collector’s Club member today and get eight free grading submissions when…
