EURDEMOCRACY

Archives for gold

Europe’s political leaders have debauched your money. Imagine that in 2002 instead of exchanging your national currency into euros you bought gold. Today that gold would buy four times the number of euros. The same goes for oil. If you bought silver, you’d have even more euros; wheat, a bit less. Globally the euro is… » read more

Posted by David Heilbron Price

Is Jean Monnet responsible for the euro debacle? Did a flaw in the ‘Monnet Method’ bring about today’s financial crisis and the black hole into which billions of taxpayers’ money are being poured? That’s what one Eurocrat implied, as quoted in the Economist newsmagazine: ‘The European Union was not designed to deal with a crisis’.… » read more

Posted by David Heilbron Price

The European leaders are learning the lesson known to all monetary authorities throughout the ages. The main foundation of all money is trust. Once trust evaporates the currency collapses. It is like chasing after a wild animal let loose out of a field. Is the European currency doomed to failure? No. The supranational European Community… » read more

Posted by David Heilbron Price