For anyone who is interested to understand what money is and what’s happening to it, I strongly recommend you listen to these two presentations.
For honest money and social progress
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Prudential regulation ?
“Investment firms providing the service of portfolio management shall inform the client where the overall value of the portfolio, as evaluated at the beginning…
Interesting stuff, and some useful pointers, especially towards the end of the second presentation.
It’s not exactly disinterested advice, though, and I’m always a bit wary of people who plot the gold price in nominal, rather than real terms.
Keep up the good work – this piece is strong – fundamentals are solid – fantastic work. MRG should be more wary of Eastern Central Banks and their data manipulation over nominal v real pricing of gold.
Fear not. I don’t trust Central Banks either :-)