macro

Currencies Current Markets Macro Economics

Bitcoin Transcends Novelty Status

The United States has tripled its balance sheet since 2008 and Great Britain has quadrupled theirs in the same time frame. Theoretically, the growth in the currency base should be accompanied by a corresponding decrease in the purchasing power of our Dollars and Pounds. Many of us who’ve worked diligently for years trying to manage our personal budgets and build up our personal stores of wealth find the governments’ actions downright criminal. This is the scenario that’s drawn billions into the gold market. We’ve been taught that gold is the first choice alternative investment for fighting inflation and …