Articles related to Europe
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 trie
Friday, July 10, 2020
Antal E. Fekete - Gold University
Second Front In The Gold World
Monday, July 6, 2020
Nathan Lewis - New World Economics
Devaluations of the 1930s Don't Justify Today's Funny Money Excess
Without question, the Great Depression was a time when the political consensus moved from a Classical “hard money” approach towards a Mercantilist “soft money” approach — leading, ultimately, to today’s “print until the pain goes away” reaction. Actually, this trend had started in the later 19th century, and was not fully expressed until the 1970s – an evolution stretching over a hundred years or more. But, the experience of the Great Depression period of the 1930s st
Monday, June 22, 2020
Fiat 33 
"Sir, I would say, "Old World Order" to return. To understand/explain better: A very easy way to view this "order", would be to simply say that the American Experience is reaching the end! As we know, world war two left Europe and the world economy destroyed. Many thinkers of that period thought that the world was about to enter a decades long depression as it worked to rebuild real assets lost in the conflict. It was this war that so impacted the idea of looking positively toward the fu
Sunday, June 21, 2020
Mike Maloney - Goldsilver
  Gold Silver Confiscation: Can the Government Seize Assets
One concern of retail precious metals investors is the possibility of a gold confiscation.Imagine having the forethought to buy gold to shield your finances from an economic or monetary crisis—only to have it taken away from you by your government. You’d lose not just the protective buffer you put in place but potentially a chunk of your net worth.Gold confiscation may sound preposterous to investors used to securities or real estate. But it’s happened in the past enough times to make it a reaso
Monday, June 1, 2020
Nathan Lewis - New World Economics
The “Gold Sterilization” of 1937
Today, we will start investigating the U.S. recession of 1937, and along with that, claims that the Federal Reserve caused it by some sort of misbehavior. As is our usual practice, we will begin with just looking at some general information about that time. Industrial production had a short, sharp shock in 1937. Here’s what it looked like in terms of nominal GDP: I am not going to try to disentangle what was going on at that time. There were a lot of things, from the introduction of Social Sec
Thursday, May 21, 2020
Antal E. Fekete - Gold University
The Dismal Monetary Science
Tuesday, May 19, 2020
Mickey Fulp - Mercenary Geologist
The Life Cycle of Money
In the aftermath of the global economic crisis of 2008-2009, governments throughout the world have fostered a tenuous recovery predicated on massive increases in money supplies and debasement of currencies. Note however, that monetary debasement is not a recent phenomenon; it is simply the natural life cycle of money.There are six well-defined stages in the life cycle of money. This progression has occurred in every dominant civilization
Monday, May 11, 2020
Michael E. Kreca
May 8, 1945 : Who Really Won World War II  
Treason doth never prosper: what’s the reason? Why, if it prosper, none dare call it treason. ~ Sir John Harrington (1561–1612) War is the health of the State. ~ Randolph Bourne (1886–1918)
Friday, May 8, 2020
Charleston Voice
Did Eisenhower Loot the Nazi Gold Treasures for his Bankster Handlers 
In early 1945, it became clear that the military situation of the city had become hopeless. East of the Red Army was approaching rapidly, and from the air let the constant series of Allied bombing raids after no more. At 31 January 1945 suggested that the Minister of Finance, Ernst-
Friday, May 1, 2020
Paul Tustain -
  Calculating the "Fair Value" of Gold 
In the absence of cashflow, judging gold's present "fair value" means analysing it like an insurance actuary would...
Wednesday, April 29, 2020
Charleston Voice
Historical Sketch of Paper Currency OF PAPER CURRENCY - History is repeating now
Tuesday, April 28, 2020
Charleston Voice
Nazi Gold: The Merkers Mine Treasure, How the US Army Stiffed the Soviets
“ Patton told Bernstein that he was very glad Eisenhower was taking responsibility for the gold. Bernstein told him that he wanted to move the Merkers treasure to Frankfurt as quickly as possible and that under the Big Three arrangements at Yalta, the Merkers part of Germany would be taken over by the Russians after the war and that they certainly needed to get the treasure out of the area before the Russians got there.” I’m intrigued what the Russian feelings might have been(are). Noted the
Thursday, April 23, 2020
Richard Mills - Ahead of the Herd
Doggie (Life) Style 
Disregard disease – Ebola, Zika and whatever else is cooking out there. Things like - rising sea levels, global shortages of fresh water, simmering religious tensions, the potential for wars over mineral resources and what a higher gold price means. Disregard financial calamity, malfunctioning governments and lying sleazebag politicians leading us down the garden path. Forget about climate change, somebody else can deal with it. Is it to be inflation, disinflation, deflation or stagflation?
Wednesday, April 22, 2020
Alan Leishman
  Fiat Money – Eastern Europe 
Most commentators on how Fiat money always reverts to its intrinsic value, (i.e. approaching the value of the paper it is printed on, or near zero), quote the german Papiermark, (observe the pictured 5 trillion bank note in this link) as a classic example of this phenomenon.
Monday, April 20, 2020
Mike Hewitt - Dollar Daze
  Hyperinflation around the Globe 
Angola (1991-1999) Angola went through the worst inflation from 1991 to 1995. In early 1991, the highest denomination was 50,000 kwanzas. By 1994, it was 500,000 kwanzas. In the 1995 currency reform, 1 kwanza reajustado was exchanged for 1,000 kwanzas. The highest denomination in 1995 was 5,000,000 kwanzas reajustados. In the 1999 currency reform, 1 new kwanza was exchanged for 1,000,000 kwanzas reajustados. The overall impact of hyperinflation: 1 new kwanza = 1,000,000,000 pre-1991 kwanzas.
Wednesday, April 15, 2020
Mike Hewitt - Dollar Daze
America's Forgotten War Against the Central Banks
In order to pay debts incurred from the Seven Years War with France, King George III of England sought to heavily tax the colonies in America. In 1742, the British Resumption Act required that taxes and other debts be paid in gold.
Saturday, April 11, 2020
Jesse - Le Cafe Américain
Currency War: 140 Years of Monetary History in Ten Minutes 
Like most complex subjects reduced to a ten minute summation, there are plenty of nuances lost here, and one might certainly take issue with some of the conclusions. And the perspective of the discussion is largely centered on the US and Europe. Nevertheless, I like the succinct overview of certain key events in recent world monetary history that lead up to the situation in which we find ourselves today. Since most people are abysmally ignorant of where we have been, perhaps that is a good p
Wednesday, April 8, 2020
Jan Skoyles Real Asset Co - The Real Asset Co
  The full guide to Nazi gold and currency war 
This morning’s papers and news-shows are full of the story that in 1939 the Bank of England facilitated the sale of Nazi looted gold, not just once but at least twice during that year. Both times without approval of the British government, despite an attempt to freeze Czech assets. The story of Nazi gold is both fascinating and tragic. We take a look at ‘the greatest robbery of all time’ and draw parallels with the modern day gold migration. What is Nazi gold? Nazi gold is a phrase that refers t
Tuesday, April 7, 2020
Mickey Fulp - Mercenary Geologist
Gold, Silver, and the US Dollar: 1792-1971
In today's musing, I review the history of gold, silver, and fiat currency as money in the United States of America. I document how various wars, panics and depressions, Congressional acts, and executive orders have affected the US dollar prices of precious metals and resulting gold-silver ratios.This musing covers the period from 1792 when the United States government first established a national currency backed by gold and silver until
Monday, April 6, 2020