Unstable Paper Money Schemes

The paper money experiment is a CONFIDENCE scheme. Anxiety can quickly become contagion, then the whole thing collapses like a spectacular bank failure.

Furano, Japan

Wednesday, April 2

By Tom Dyson, Investment Director

Greetings from Hokkaido!

“What’s gold telling us?”

The gold price is up 19% this year…seems to rise daily…and is heading rapidly toward $…