Interesting video from Mises about America’s Gilded Age, during which the nation experienced its fastest period of growth. A gold standard was in place during most of this remarkable period, and of course there was no income tax.
Must-watch:
Also be sure to check this video out, which compares the men’s opposing opinions on the housing bubble. Shows how Krugman advocated it, while Ron Paul warned against it, as early as 2001.
I’m no expert technician, but the metal does seem to find solid support around the $30 level.
Live 60 day chart:
From Kitco.
Nice overview of the history of money, and why the Fed has such a negative impact on the economy. From the Mises Institute.
