And to think that as recently as 1935, China (and Hong Kong) were still under the Silver monetary standard. Think about what that means… Silver was money in China and Hong Kong, serving as backing for their currency, a unit of account, and a store of value… Something so seemingly foreign today, in the days where fiat everything reigns…[Read more]
In reply to - The Doc wrote a new post, A Warning from the Watchman What we’ll likely face dead ahead, calls for an emergency post. Submitted by The Wealth Watchman: I’ve had such a strong foreboding feeling the last several days, that I feel I cannot ignore it. The last series had ended in a good place, anyway. So I’m going to pen a warning instead. What follows is a gut check, some […]>>>>↧