Jesse's Café Américain

“Blood and power intoxicate; they help to develop callousness and debauchery. The mind then becomes capable of the most abnormal cruelty, which it regards pleasure; the man and the citizen are swallowed up in the tyrant; and the return to human dignity, repentance, moral resurrection, becomes almost impossible."
Fyodor Dostoevsky, The House of the Dead

Showing posts with label Gresham's Law. Show all posts
Showing posts with label Gresham's Law. Show all posts
23 March 2020

Stocks and Precious Metals Charts - A Flight to Sound Money - Fed Attempts Rescue, Leadership Shameless

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"Good and bad coin cannot circulate together... and because of this unexampled state of badness all the fine gold was conveyed out...
04 December 2015

Shanghai Gold Exchange Has 49 Tonnes of Gold Withdrawn the Week Ending 27 November

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There were 48.86 tonnes of gold withdrawn from the Shanghai Gold Exchange for the week ending 27 November. Year to date, there have been...
20 November 2015

Shanghai Gold Deliveries and Deliveries on the Comex - The 'Rest of the World' According To Bloomberg

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Gresham's law is an economic principle that states 'when a government overvalues one type of money and undervalues another, the ...
19 November 2015

Gold Daily and Silver Weekly Charts - Gresham's Law, Mispricing of Risk, & the Synthetic Gold Carry Trade

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"Gold is unique among assets, in that it is not issued by any government or central bank, which means that its value is not influenc...
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