Posts Tagged ‘fiat-currencies’

How much silver can I buy for a hundred trillion Zimbabwe dollars? Endeavour Silver asks this question to kick off a short video demonstrating the value of the white metal in relation to fiat currencies, which have not always held their value. In talking to silver traders and historians, the company ( www.edrsilver.com ) shows that while paper money is a promise to pay from the ... Full story

Gold sentiment remains positive despite a recent setback with a new era in sight as trust in today's fiat currencies continues to diminish. Full story

ETF Database submits: With consumer confidence plunging and governments around the world racking up seemingly unpayable bills, many investors have sought refuge outside of fiat currencies in order to help protect some of their assets from the ravages of inflation which is sure to come eventually. Almost by default, investors have piled into gold which has seen its price soar to $1250/oz. before dropping back ... Full story

Although the Globex Gold market covered a $19.00 range today as it continued to have a holiday feel to it. Investors globally apparently continue to choose Gold as their investment of choice as the Geo-political and continued European debt crisis make the fiat currencies less appealing Full story