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| Antal E. Fekete - Gold University |
Hedging Non-Gold Investments With Gold |
The cliché that the present credit collapse is "the greatest financial crisis since 1929" is the understatement of the century. One measure of the crises is the ratio of gross private debt to nominal GDP. This ratio captures the idea how many years of current output it would take to retire outstanding debt. In these terms, the crisis is truly unprecedented. The world plunged into the present crisis with far greater debt than the debt outstanding at the time when it plunged into the Great Depression in 1929. Add to this the qualitative change in the structure of debt. The most exotic of the Roaring Twenties era debt was brokers' margin lending on the stock purchases of clients. Today, in addition, we have: (1) derivative instruments valued up to one quadrillion dollars, (2) adjustable-rate mortgages, (Saturday, February 13, 2021 |
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| Lysander Spooner |
Vices Are Not Crimes |
Vices are those acts by which a man harms himself or his property.
Crimes are those acts by which one man harms the person or property of another.
Vices are simply the errors which a man makes in his search after his own happiness. Unlike crimes, they imply no malice toward others, and no interference with their persons or property.
In vices, the very essence of crime — that is, the design to injure the person or property of another — is wanting.
It is a maxim of the law that there can be no crime without a criminal intent; that is, without the intent to invade the person or property of another. But no one ever practices a vice with any such criminal intent. He practices his vice for his own happiness solely, and not from any malice toward others.Wednesday, January 27, 2021 |
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| Mickey Fulp - Mercenary Geologist |
The Power of Two: A Primer for the Lay Investor |
The Mercenary Geologist investing philosophy requires actively trading stocks. There are no “buy and hold” scenarios in my portfolio. That said, there are trades and there are investments but that’s a subject to be tackled in a future musing. My trading methodology employs a very conservative strategy to speculate in a very high risk market sector.Saturday, December 26, 2020 |
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| Charleston Voice |
Kindergarten’s Socialist Origins |
Jr.
Most schools today, both public and private have kindergartens. They have become an accepted part of educational life in this country and others as well.
This was not always so. When I first attended public school, way back in the mid-1940s, there was no kindergarten where I went. Although some schools undoubtedly had them, all schools did not.
They had not become totally entrenched, although their promoters had been working on that project withThursday, December 17, 2020 |
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| Mickey Fulp - Mercenary Geologist |
Reserves vs. Resources : a primer for the lay investor |
As a classically-trained economic geologist, I was introduced to the definition of “Ore” and “Ore Deposit” during the first minute of my first course in graduate school at the University of New Mexico.Sunday, December 13, 2020 |
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| Mickey Fulp - Mercenary Geologist |
Geological Catastrophes Waiting to Happen or TEOTWAWKI |
3rd Stone from the Sun (Jimi Hendrix and Chad Chandler, 1967):
Hendrix: Star fleet to scout ship, please give your position. Over.
Chandler: I am in orbit around the third planet of star known as Sun. Over.
Hendrix: May this be Earth? Over.
Chandler: Positive. It is known to have some form of intelligent species. Over.
Hendrix: I think we should take a look.
Throughout its 4.5 billion year history, the geology of the Earth has created an environment that allows life to thrive or causes it to die.Saturday, December 5, 2020 |
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| Alasdair Macleod - FinanceandEconomics |
Why gold is better than cash |
The question most often asked of gold bulls is, “At what price will you take your profits?” It is a question that betrays a lack of understanding about why anyone should own gold. Nevertheless, the simple answer must be, “When paper money stops losing its value”. This response should alert anyone who asks this question to the idea that owning fiat cash is the speculative position, not ownership of precious metals.Saturday, November 28, 2020 |
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| Robert Blumen - 24hgold |
Is Gold Money |
Is Gold Money ? Many would say so, but is it so ? The answer the question of whether Gold is money requires a definitionTuesday, November 24, 2020 |
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| Mickey Fulp - Mercenary Geologist |
Share Structure, People and Projects : A primer for the Lay Investor |
This statement always bears repeating:
There are three key ingredients to any junior resource company: Share Structure, People, and Projects.Monday, November 16, 2020 |
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| John Butler - Goldmoney |
Financial crisis dynamics, the ‘shadow’ gold demand, and Mene |
The study of financial crises is as old as the economics discipline itself. One of the most prominent theorists of financial crises ever to hold a senior Federal Reserve policy position was John Exter, vice-president of the New York Federal Reserve during the 1950s. Several years ago I co-wrote a series of essays on Exter’s theories together with his sonin- law, Barry Downs. In this paper, building on Exter’s work, including his eponymous ‘pyramid’, I introduce a new ‘hourglass’ framework for unSaturday, November 14, 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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| Lysander Spooner |
Gold and Silver as Standards of Value |
All the usurpation, and tyranny, and extortion, and robbery, and fraud, that are involved in the monopoly of money are practised, and attempted to be justified, under the pretence of maintaining the standard of value. This pretence is intrinsically a false one throughout. And the whole motive for it is to afford some color of justification for such a monopoly of money as will enable the few holders of gold and silver coins (or of such other money as may be specially licensed and substituted for them) to extort, in exchange for them, more of other men’s property than the coins (or their substitutes) are naturally and truly worth. That such is the fact, it is the purpose of this article to prove.Sunday, October 11, 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 - Goldmoney |
The purpose of market intervention |
Interventions inmarkets bygovernments and centralbanks are routine andwetakethem forgranted. No one questionsthem, buttheycancreatedangerousdistortions.Theirreason forinterveningis totakepricedeterminationawayfrommarkets andconsumers.
Theauthorities andbig business do notlikeleavingprices to freemarketsbecauseprices are subjective: inotherwords,prices aredecided by thedesires of theconsumer and not thecost of production.Thursday, August 20, 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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| History of Silver |
August 8, 1893 : The Repeal of the Silver Act |
President Cleveland
Message on the Repeal of the Sherman Silver Purchase Act
(August 8, 1893)
The existence of an alarming and extraordinary business situation, involving the welfare and prosperity of all our people, has constrained me to call together in extra session the people's representatives in Congress, to the end that through a wise and patriotic exercise of the legislative duty, with which they solely are charged, present evils may be mitigated and dangers threatening the future may be averted.Saturday, August 8, 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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| Antal E. Fekete - Gold University |
Credit Unions |
Thursday, July 30, 2020 |
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