Markets

Summer Special Part 2: What a Wolf and a Ship Teach Us About Gold and Money - Holland Gold

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DW NOTE

A wolf doesn't back gold because of metaphor — it backs it because no central bank can print more of it. The ship matters because every currency debasement in history has ended the same way: creditors stop accepting payment in paper and demand settlement in metal. When your government has run a $1.4 trillion deficit in nine months and the Fed is holding rates steady through year-end because inflation won't break, that's not a thought experiment about wolves and ships — that's the live environment in which gold has lost 23% from its January high while producer prices are still rising at 5.5% annually.

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Summer Special Part 2: What a Wolf and a Ship Teach Us About Gold and Money - Holland Gold

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Brent Breaks $100 for the First Time in Nearly Two Months

Bitcoin climbs as oil tops $100, equities drop after Iran strikes

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