The Austrian School of economic thought dates back to the fifteenth century. St. Thomas Aquinas had followers at Spain’s University of Salamanca who attempted to explain social organization and human action. These scholars noted the existence of economic law, represented by forces of cause and effect that operate like other natural laws. Over several following [...]

Gold is selling at premium prices these days and companies that buy scrap gold are popping up every day. Investors identify that now is the time to buy gold coins, gold stock, and even gold jewelry. But what happens to all the scrap and other unwanted gold that people already have? Is there a way [...]

About a month ago, I wrote an editorial on why gold was going to be in a perpetual bull market. The editorial noted that gold production was down while jewelry demand was up, and concluded that this meant that gold’s price would increasingly go up. While I am still extremely bullish on gold over the [...]

A few weeks ago, I warned about pre-1933 gold coins being used by gold dealers as part of a gold scam. Basically, gold dealers will tell you that you need to invest in gold because gold is going to increase in the future, and then they try to get you to buy old coins that [...]

Silver is involved in many industries like currency, decoration products, mirrors etc. Silver was used to manufacture money in its electrum mould from the period of around 700 BC started by the Lydians. After that, silver was cleaned and used for producing coins. Several countries are using Silver as the fundamental form of monetary. The [...]