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The Secret World of Bullion Banking: Who Sets Gold Prices?

The financial sector has never been known for its transparency or forthrightness. In fact, it’s probably the single most mysterious industry there is. Bullion banking is so shrouded in secrecy that even most bankers don’t understand it. Recently, bullion bankers have come under fire for allegedly dishonestly fixing gold and silver prices. Whether or not…

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When Pacific Northwest Banks Printed Their Own Money

These days, it doesn’t matter much whether the $20 bill you’ve got in your wallet was printed in Washington, DC, or Fort Worth, Texas. However, in the early days of the United States, it was pretty important to know which bank issued your money — if you wanted to actually buy something. Up until the…

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