Gold coins
Turkey is paying for Iranian oil with gold bars carried over the border.
Since March of this year Turkey has exported $11.7 billion in gold bullion, over 90% of which was carried over the border on its way to Iran or the United Arab Emirates. What’s happening? Turkey is buying oil. Not with wire transfers or cash, but with gold bullion. They can’t buy Iranian oil through the …
Owning gold makes us less vulnerable to centralized dependency.
John Aziz of azizonomics.com recently wrote a post about how the centralization of the global economy puts us all at risk. Here is a quote from his post: “Centralisation concentrates decision-making. Centralisation acts as a transmission mechanism to transmit and amplify the effects of centralised decisions throughout a system. This means that when bad decisions …
Why the 0.1% don’t want you to own gold.
By the 0.1% I mean, of course, the ultra-wealthy. This is not the same group as the 1%. The 0.1% play at an entirely different level. These are the folks who are worth hundreds of millions of dollars, and sometimes billions. They use their money to buy influence at every level of government. Their financial …