In this video, Dominic Frisby delivers an insightful talk on the modern system of money and banking and how it has supplanted the centuries-old system of sound money based on commodities, specifically gold.
It's hard to believe that more than ten years have gone by since we began writing The Daily Reckoning out of a Paris office back in July of 1999?
Since then, a lot has changed. We have seen the dot com boom and bust... a massive expansion of credit...real estate mania and meltdown?and epic highs and lows in the markets.
Nothing about the past ten years has been boring. And we have been there throughout, trying to help readers make some sense out of our global economy. And hopefully providing a few laughs along the way.
In short, we pen The Daily Reckoning each day -- for free -- to show you how to live well in uncertain times. We aim to make each article the most entertaining 15-minute read of your day.
Jim Rickards updates his "There Will Be No 'Grexit'" thesis as two stories dominate global financial headlines. Find out why global capital markets are a tale of two crises.
No, Greece won't wreck the financial world. And neither will China. But we're still on alert... Dave Gonigam reports...
Egon von Greyerz reports on the approaching financial implosion of banks that threatens to drag the entire financial system down with it....
The most promising and exciting advance in all the history of medicine is upon us, and yet it is actually not new at all — it’s as old as humans. The advance? Our immune systems. Stephen Petranek has more on how immunotherapy could change the way we treat cancer
In light of the current situation in Greece, what we may be witnessing is the first phase of a new era of widespread non-state currencies... Charles Hugh Smith reports...