The Gold Bug Fallacy: Debunking the Myth of Precious Metals as a Separate, Safe Haven Market

Gold bugs—those who fervently invest in gold and other precious metals, believing them to be an elusive and independent market, untethered from the stock market, fiat currencies, and the broader economy—often present their views as though precious metals exist in a vacuum. According to them, gold and other metals are the ultimate safe haven, immuneContinue reading “The Gold Bug Fallacy: Debunking the Myth of Precious Metals as a Separate, Safe Haven Market”

Venmo for the National Debt? What’s Next, PayPal Gold Coins?

So, the U.S. Treasury has decided to embrace the 21st century in the most unexpected of ways: by accepting Venmo and PayPal donations to reduce the national debt. That’s right, folks. The answer to America’s $36.7 trillion fiscal crisis is not a grand economic policy, not a new tax plan, but instead… the ability toContinue reading “Venmo for the National Debt? What’s Next, PayPal Gold Coins?”