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 | Gerard Jackson |
The "wealth effect" an Austrian view |
It is being said that if the fed could just get the ‘wealth effect’ into motion the US economy would fully recover from the recession. But the ‘wealth effect’ is a phantom, the sort of economic fallacy that only a Keynesian could conjure up. Those who support this fiction argue that a stock market’s performance is driven by a net inflow of funds which in turn is driven by economic growth. They go further by saying that growth in turn is driven by investment, innovation and productivity, all ofSaturday, February 20, 2021 |
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 | Jeff Clark - Goldsilver |
Gold vs. Silver: The 5 Differences That Matter Most to Investors |
You’d like to buy some precious metals, but do you buy silver or gold? Is there really much difference between them other than the price?Both are “precious” metals, meaning their occurrence in the earth’s crust is rare. But when it comes to investing in gold vs. silver, there are 5 important distinctions to be aware of. These differences can supercharge your portfolio—or make it a victim.This article outlines the five differences to know about gold vs. silver, with special emphasis on investmentSaturday, February 20, 2021 |
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 | Antal E. Fekete - Gold University |
Revisionist Theory of Depressions Can It Happen Again |
.Monday, February 15, 2021 |
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 | Mike Hewitt - Dollar Daze |
America's Forgotten War Against the Central Banks |
"Let me issue and control a nation's money supply, and I care not who makes
its laws." (Mayer Amschel Rothschild, Founder of Rothschild Banking Dynasty)
Many prominent Americans such as Benjamin Franklin, Thomas Jefferson, and
Andrew Jackson have argued and fought against the central banking polices used
throughout Europe.
A note issued by a central bank, such as the Federal Reserve Note, is bank
currency. These notes are given to the government in exchange for an interest-bearing
gTuesday, January 5, 2021 |
|
 | Mickey Fulp - Mercenary Geologist |
The Never-Ending Wars of the United States of America |
A Monday Morning Musing from Mickey the Mercenary Geologist"War is a racket. It always has been. It is possibly the oldest, easily the most profitable, surely the most vicious. It is the only one international in scope. It is the only one in which the profits are reckoned in dollars and the losses in lives. A racket is best described, I believe, as something that is not what it seems to the majority of the people. Only a small 'inside' group knows what it is about. It is conducted for the benefiMonday, November 23, 2020 |
|
 | Mike Maloney - Goldsilver |
Common Gold Silver Pitfalls to Avoid  |
Investing in gold and silver may seem simple and straightforward, however it is not.
There are many types of ( quote, unquote ) "investments" in gold and silver you will want to avoid.
Gold and silver dealers are no different from any other industry or crowd of people.
Within our industry you will find many good honest professionals and organizations, but you will also find some bad outfits whose practices can be described as underhanded, even criminal.
Being the Managing Director ofMonday, November 16, 2020 |
|
 | 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 |
|
 | Robert P. Murphy |
The Gold Standard Did not Cause the Great Depression |
Quarterly Journal of Austrian Economics 19, no. 1 (Spring 2016): 101–111[The Midas Paradox: Financial Markets, Government Policy Shocks, and the Great Depression by Scott Sumner]The Midas Paradox is an impressive piece of scholarship, representing the magnum opus of economist Scott Sumner. What makes the book so unique is Sumner’s use of real-time financial data and press accounts in order to explain not just broad issues—such as, “What caused the Great Depression?”—but to offer commentary on thThursday, November 12, 2020 |
|
 | Antal E. Fekete - Gold University |
Forgotten Anniversary: One Hundred Years of Legal Tender  |
The original meaning of legal tender simply referred to a tolerance standard applicable to the wear and tear of gold coins. Coins meeting the tolerance standard circulated by tale, that is, their value was established by counting them out ? a great convenienceSunday, November 1, 2020 |
|
 | Jesse - Le Cafe Américain |
The Crash of 1929 - |
"...people believed that everything was going to be great always, always. There was a feeling of optimism in the air that you cannot even describe today."
"There was great hope. America came out of World War I with the economy intact. We were the only strong country in the world. The dollar was king. We had a very popular president in the middle of the decade, Calvin Coolidge, and an even more popular one elected in 1928, Herbert Hoover. So things looked pretty good."
"The economy was changingThursday, October 29, 2020 |
|
 | Philip Judge - Anglo Far East |
A Century Unique In All History  |
This last century is unique in all of history, as it tells the story of the first time in all of history, that gold has been completely and officially abandoned as the backing for money.
We have said before that maintaining control of the financial systems is the largest single challenge facing the leaders of the world today. This is evidenced in the last two years by the record number of summits and emergency meetings of organizations such as IMF, World Bank, World trade Organization, and the G7. The Plunge Protection Team and Exchange Stabilization Fund have been working overtime, while we have witnessed the setting up and convening of special sub committees of central banks and governmental policy makers, all dedicated to ensuring stability of financial and capitol markets, at all costs.Wednesday, October 21, 2020 |
|
 | Jeff Clark - Casey Research |
What 10-Baggers (and 100-Baggers) Look Like  |
Now that it appears clear the bottom is in for gold, it’s time to stop fretting about how low prices will drop and how long the correction will last—and start looking at how high they’ll go and when they’ll get there.
When viewing the gold market from a historical perspective, one thing that’s clear is that the junior mining stocks tend to fluctuate between extreme boom and bust cycles. As a group, they’ll double in price, then crash by 75%... then double or triple or even quadruple again, onlSunday, October 11, 2020 |
|
 | Antal E. Fekete - Gold University |
Forward Thinking On Backwardation |
.Thursday, October 8, 2020 |
|
 | Antal E. Fekete - Gold University |
The New Austrian School of Economics  |
.Saturday, October 3, 2020 |
|
 | 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 |
|
 | Antal E. Fekete - Gold University |
Recapitalize The Banks With Gold |
.Tuesday, September 22, 2020 |
|
 | Antal E. Fekete - Gold University |
Gotterdammerung |
Wagner's opera Gotterdämmerung is about the twighlight of pagan gods. The most powerful of the latter-day pagan gods that has been guiding the destinies of humanity for the past two-score of years is Irredeemable Debt. Before August 14, 1971, debts were obligations, and the word "bond" was to mean literally what it said: the opposite of freedom. The privilege of issuing debt had a countervailing responsibility: that of repayment.Friday, September 18, 2020 |
|
 | Lew Rockwell |
John Maynard Keynes, Immoralist  |
John Maynard Keynes was born in 1883 and died in 1946. Henry Hazlitt was born in 1894, eleven years after Keynes, and lived much longer, until 1993. Their lives and loyalties are a study in contrast, and mostly of choices born of internal conviction, in Hazlitt's case, or lack thereof, Keynes's case.Monday, September 7, 2020 |
|
 | Antal E. Fekete - Gold University |
The Goldbug, Variations V |
.Thursday, September 3, 2020 |
|
 | Lew Rockwell |
What's Killing the Jobs Market  |
The terrible job market has vexed an entire generation. It shows no hope of improving anytime soon. Young people are shut out. College students are taking refuge in matriculation without end. Thirty-somethings are zoning out in their parents' basements and attics. Despair for the future has become a theme of American public life.
The question we must ask is: why is unemployment stuck at 10% in the narrowest measure and as high as 30% for some demographics?
Wednesday, August 26, 2020 |
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