Free Gold Money Report aims to help readers better understand gold, money and currency through James Turk’s commentaries and insights.| James Turk Blog
The US dollar is not what most people think it is. There are a constitutional dollar (C$) and a Federal Reserve dollar (F$). The former is money; the latter is a money-substitute circulating in place…| James Turk Blog
In January 1934, the dollar was devalued against gold by 69% when the US federal government arbitrarily changed the definition of the dollar. What had been 23.22 grains of fine gold ($20.67 per ounce.| James Turk Blog
If I were advising President Trump, here are the recommendations – with the supporting analysis – I would offer to him to Make America Great Again. To achieve this laudable goal, which would secure for him a pre-eminent place in history, a return to the fundamental principles that made America great is needed. As numerous Read moreSource| James Turk Blog
Monetary and banking crises are a recurring event. Sometimes their impact is contained, like occurred when three California banks collapsed in early 2023. Other times – like the Great Depression – the…| James Turk Blog
Gold may seem overvalued because of the recent record highs in its 6-decade ascent from $35 to $2500, but prices – like appearances – can be deceiving. What’s more, the value of any asset is more…| James Turk Blog
“How did you go bankrupt?” Bill asked. “Two ways,” Mike said. “Gradually and then suddenly.” Ernest Hemingway, The Sun Also Rises, 1926. The financial position of the federal government of the United…| James Turk Blog
Money is routinely defined by what it does, rather than what it is. That is unfortunate because its modern definition overlooks money’s important – but now forgotten – fourth function.| James Turk Blog
In 1922 Benito Mussolini became prime minister of Italy, putting that country on a path that had global ramifications. He was the world’s first fascist leader. Other fascists soon followed with…| James Turk Blog
Some interesting data on housing prices in the United Kingdom(1) was recently published by Savills, one of the world’s leading property agents. The important messages that can be drawn from this data…| James Turk Blog
Every natural element to which the earth has been endowed has a purpose. To serve as natural money is gold’s highest purpose.| James Turk Blog
