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« 12 Metals and Mining Stocks to Sell Now | Main | Gold Coins vs. Bullion »
Monday
Aug312015

Gold, Oktoberfest And The Great Illusion

Oktoberfest

Today King World News is featuring a piece by a man whose recently released masterpiece has been praised around the world, and also recognized as some of the most unique work in the gold market.  Below is the latest exclusive KWN piece by Ronald-Peter Stoeferle of Incrementum AG out of Liechtenstein.

“If a good is to remain money, the public must not come to believe that a fast and unstoppable increase in its supply is to be expected.” — Ludwig von Mises

By Ronald-Peter Stoeferle, Incrementum AG Liechtenstein

August 31 (King World News) – The Illusion Of Nominal Value P. 2

The exchange value of gold and FIAT-money is not stable. It would change over time, depending on the growth in the supply of gold, the change in the demand to hold cash balances, and the growth in goods and services on the market. However, given its much lower as well as easily foreseeable annual supply growth rate, it would be far more stable than paper currencies.

read more.....

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