What happens and Why? Read The Heinz Duthel International Crisis Reports
What happens and Why? Read The Heinz Duthel International Crisis Reports
1 2010 European sovereign debt crisis 2000s European sovereign debt crisis timeline 2 Spread beyond Greece. Ireland, Portugal and Spain Suspension of the International Gold Standard 3 Federal Reserve Sterilization of Gold Flows Britain's No Return to Parity 4 Abandonment of the Gold Standard by Britain The New Monetary Regime 5 Why you should sell US Dollars and Euro's? Why buy Gold NOW? 6 The US dollar, and euro to a lesser extent, are by far the most used currencies in terms of global reserves. Mr Zhou wants an international currency to replace the dollar 7 Obama rejects China's call for new global currency united future world currency 8 A Single GLOBAL CURRENCY? Sure, why not. But, only if it's Gold and Silver Bullion! 9 50 Factors that Affect the Value of the US Dollar US Dollar and Euro as Fiat money 10 2010 European sovereign debt crisis 2000s European sovereign debt crisis timeline
The Mystery of Banking 50 Factors that Affect the Value of the US Dollar U.S. Response to the 1914 Crisis Suspension of the International Gold Standard Federal Reserve Sterilization of Gold Flows Britain's No Return to Parity Abandonment of the Gold Standard by Britain The New Monetary Regime Why you should sell U.S Dollars and Euro's? Why buy Swiss Franc or Gold NOW? The US dollar, and euro to a lesser extent, are by far the most used currencies in terms of global reserves. No matter how it's viewed, the value of gold seems almost timeless. Recently, Abu Dhabi's Emirates Palace hotel opened a vending machine that dispenses gold bars, making the United Arab Emirates the first country outside Germany to install the machine.
Despite its allure, gold as a direct means of exchange lacks the relative power and convenience of national as well as local paper currencies. For one, gold is heavy and hard to carry around. If the precious metals are stored in a U.S. bank, it's difficult to access it if you're on vacation in Spain. Converting gold into cash also has its hurdles.
Nevertheless, the precious metal has its appeal. Investors typically see gold as a safe investment and a hedge against inflation. Though gold prices have fallen in recent weeks, prices have risen by about 24% since last July as investors flock to the previous metal as a safe haven.
