Connect with us

Hi, what are you looking for?

ContributionAmericans.comContributionAmericans.com

Politics

The Price of Gold

Published

Mark is not fooling around today. He looks back at the history of gold and its price, which some believe is too erratic and too unstable (like Bitcoin) to serve as a basis of a monetary system. Mark shows that it is not gold that destabilizes events in the real world, but rather real world events related to political decision-making that has made the price of gold unstable. The price of gold is a “minor” indicator of what governments are really up to.

 

Be sure to follow Minor Issues at Mises.org/MinorIssues.

In this article:

You May Also Like

Editor's Pick

The New Deal and Recovery, Part 25: The RFC, Continued

(This is the second installment of a three-part essay. The first part is here.) Big Engines that Couldn’t Although Hoover’s Reconstruction Finance Corporation (RFC)...

March 20, 2023

Editor's Pick

The New Deal and Recovery, Part 24: The RFC

(In writing this series, I allowed myself to skip over some topics. But now that I’m turning the series into a book, to be...

March 14, 2023

Editor's Pick

The New Deal and Recovery, Part 26: The RFC, Conclusion

(This is the last installment of a three-part essay. The other parts are here and here.) A Capital Bank As its title suggests, the...

March 24, 2023

Editor's Pick

Continue Work on Stablecoin Legislation or Risk Forfeiting the Financial Future

Jack Solowey The United States has long led global finance. Its institutions shaped critical financial infrastructure and saw the dollar become the world’s reserve...

April 20, 2023