Gold News: Is Ron Paul the Future of the Dollar?

As you know, we’re big Ron Paul fans around here.  You can read about why in this earlier gold news article.  His latest paper, The Dollar Dilemma: Where To From Here?, discusses the dollar’s recent rise in light of the current state of the US economy. 

We think this paper should be required reading for anyone who follows currency markets, gold, and cryptocurrencies. In this paper, Dr. Paul talks about the role of gold historically and the case for gold in our modern financial system, which is becoming more and more abstract.  Abstraction increases the possibilities for fraud, counterfeiting, intentional mis-reporting, and – dare we say it – gaming the CPI number.  

To learn why that is important in your life every single day, you’ll have to read the paper (here).  What do you think – Is Ron Paul right?  Does gold have a place in the financial future?  Let us know what you think in the Comments below.

 Related: Here’s How New Swiss Pensions Affect the Gold Market

About the author

Mike Hammer

Mike Hammer has had a wide-ranging career, with trading and investing as a continuing theme. Mike graduated from UC Berkeley with a business degree, then worked with Macy's in their operations arm. He left Macy's and spent a summer trading his own account, which taught him a lot about trading in general and markets in particular. Trading through the Black Monday and the Crash of 1987 showed him how most people are unprepared for upheavals in their trading. He then joined Waddell & Reed as a financial advisor, helping regular people understand their finances and meet their life goals.

Then came the usual story - Mike met and married the lady of his dreams. They moved to upstate New York, where Mike worked first for a small manufacturing consulting company, then Cornell University. While loving the work and the higher-education atmosphere, Mike missed the world of finance. Eventually, he signed up for stock trading coaching with the Adam Mesh Trading Group, to learn from people who understood modern markets. Within a year, Adam asked Mike to become a stock trading coach.

Since then, Mike has trained over 200 individuals, spoke at several national conventions, and is a frequent contributor to conference calls across the Adam Mesh community. Mike writes The Gold Enthusiast daily newsletter, runs the Golden Hammer trading service, and participates in the Mesh Private Portfolio. He also keeps a position in international education which keep him in touch with "the student mindset". Mike closely follows the gold, energy, and financial sectors. His motto is "Plan your trade, then trade your plan!"

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