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 | Jesse - Le Cafe Américain |
US Dollar Valued In Gold Since 1718  |
| How many ounces of gold can $1000 buy?
The answer over time is instructive. Here is some knowledge about money.
It is remarkable how few economists really understand this, and what it means, what it implies.
Here is Paul Krugman's opinion on the currency war and the US dollar in a recent piece called Godwin and the Greenback. I think it speaks for itself. And he is certainly not the worst economic voice out there, which is what makes this so disconcerting. At least he is not an ausSunday, October 25, 2020 |
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 | Nathan Lewis - New World Economics |
| God, Gold and Guns |
| We’ve been looking into One Nation Under Gold (2017), by James Ledbetter.
October 2, 2017: One Nation Under Gold (2017), by James Ledbetter
October 14, 2017: One Nation Under Gold #2: The Silliness of the Bretton Woods Years
Now, we will follow Ledbetter’s account of the end of Bretton Woods in 1971, up to the present.
The account of the 1971 devaluation was, following the pattern of this book, long on details but short on insight. It seemed to people at the time that they “had no choice,” thatSaturday, October 24, 2020 |
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 | Antal E. Fekete - Gold University |
| The Golden Thorn In The Flesh, Part 2 |
| .Thursday, October 22, 2020 |
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| Antal E. Fekete - Gold University |
| Forward Thinking On Backwardation |
| .Thursday, October 8, 2020 |
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| Antal E. Fekete - Gold University |
 The Supply of Oxen at the IMF |
| .Wednesday, October 7, 2020 |
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| Antal E. Fekete - Gold University |
The New Austrian School of Economics  |
| .Saturday, October 3, 2020 |
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| Antal E. Fekete - Gold University |
The Hungarian Connection  |
| Gold is the most misunderstood metal in human history, because of the economists' failure to distinguish between its dynamic and static aspects in representing values. Economists have blithely assumed all along that the value of gold is the same whether it flows freely from one hand to the next, or whether the movement of gold is obstructed, in the worst case arrested, by the government (soon to be aped by banks and individualsFriday, September 25, 2020 |
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| Antal E. Fekete - Gold University |
| Recapitalize The Banks With Gold |
| .Tuesday, September 22, 2020 |
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 | Alasdair Macleod - Finance and Eco. |
| The fiat money quantity (FMQ) |
| Summary : This paper seeks to establish a measure of currency quantity that helps economists identify and estimate the risk that confidence in fiat currencies might be significantly eroded or even vanish altogether. It is this phenomenon that was referred to in the great European currency inflations of the 1920s as Katastrophenhausse, or a crack-up boom, when ordinary people lose all confidence in a fiat currency, disposing of it as rapidly as possible instead preferring ownership of goods.This isThursday, September 17, 2020 |
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| Antal E. Fekete - Gold University |
| Gibson’s Paradox The Gold Price |
| .Sunday, September 6, 2020 |
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| Antal E. Fekete - Gold University |
| The Goldbug, Variations V |
| .Thursday, September 3, 2020 |
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 | Dan Popescu - GoldBroker |
| Above-ground Gold Stock - How Much Is There and Why Does it Matter |
| To understand the price of gold, the relevant supply is the total supply, not the new supply coming to market during the last year, week or month. The supply of gold consists of all of the supply that exists, and the relevant demand is the total demand, not the new demand coming to market during any year. For gold, there is always a large stockpile, and it never gets smaller. The vast majority of all the gold mined throughout human history still exists and is held either in bars, coins, or jewelTuesday, September 1, 2020 |
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 | Jeff Clark - Goldsilver |
| What the Upcoming Wealth Transfer Will Look Like |
| With gold up 26% year-to-date and silver up 41%, and stock and bond markets looking increasingly precarious, it’s time to start thinking about the upcoming wealth transfer. If Mike is right about what’s ahead for gold and silver, we’ll soon be part of a life-changing shift. Have you thought about how the wealth transfer might affect you? Not like this you haven’t…You grab a calculator for the third time that day, multiplying your gold and silver ounces by the price of each… the total staggers yoWednesday, August 26, 2020 |
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 | James Turk - Goldmoney |
 What Did J.P. Morgan Mean |
| The following exchange occurred on December 18, 1912 when J.P. Morgan – the most influential American financier and banker of his time – was called to testify before Congress.
Mr Untermyer:
I want to ask you a few questions bearing on the subject that you have touched upon this morning, as to the control of money. The control of credit involves a control of money, does it not?
Mr Morgan:
A control of credit? No.
Mr Untermyer:
But the basis of banking is credit,Saturday, August 15, 2020 |
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| Antal E. Fekete - Gold University |
| Our Diseased Monetary Bloodstream |
| .Wednesday, August 5, 2020 |
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 | Charleston Voice |
| FDR: The Great Gold Confiscator Speaks *audio* |
| It's hard to imagine a greater theft from the American people than their personal gold savings. This stolen gold was then exchanged to foreign bankers for irredeemable paper dollars. The continuing thievery by the Federal Reserve of American's productivity by debt and inflation continues unabated to impoverish and enslave us.
Published by Charleston Voice
FDR: THE GREAT GOLD CONFISCATOR
Advancing Tyranny under a cover of "patriotism" and "sacrifice".
Using the theme of a "caring goSaturday, August 1, 2020 |
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| Dan Popescu - GoldBroker |
| The Gold Standard |
| According to Mises, money’s function as a medium of exchange is thus the central one, while its store of value and unit of account functions are merely subordinate functions. I would say store of value and unit of account is what makes the medium of exchange marketable. The medium of exchange has to be simple to understand, not only by educated people but also the most uneducated. It has to be easily accessed, not only in ideal circumstances but also in difficult ones. Many things have been trieFriday, July 10, 2020 |
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| Antal E. Fekete - Gold University |
| Second Front In The Gold World |
| .Monday, July 6, 2020 |
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 | John Butler - Goldmoney |
| A banker for all seasons: the life and times of John Exter – champion of sound money |
| The following is an introduction to a series of essays GoldMoney will be publishing, written by John Butler and Barry Downs, looking at the life and times of John Exter – leader in the fight against Richard Nixon, Alan Greenspan and the debasement of the US dollar. The source material for these essays includes John Exter's collected papers and works; the personal experiences, diary entries and recollections of the author; and interviews with former colleagues, friends and family of John Exter's.Saturday, July 4, 2020 |
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| Nathan Lewis - New World Economics |
| Blame Gold |
| We have been talking about The Midas Paradox (2015), by Scott Sumner.
July 23, 2017: The Midas Paradox (2015), by Scott Sumner.
As you probably guessed from the three-word title, the book can be summarized in two words, which are: “blame gold.”
This, as we have seen, is actually a relatively new notion, even if it enjoys some popularity today. The general consensus, which later (after 1950) became the Keynesian consensus, did not blame gold, or indeed, monetary policy in general, for the Great DFriday, July 3, 2020 |
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