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| Benjamin Constant |
On the Liberty of the Ancients Compared with that of the Moderns  |
| "He loved liberty as other men love power," was the judgment passed on Benjamin Constant by a 19th-century admirer.His great public concern, all throughout his adult life, was the attainment of a free society, especially for his adopted country, France; and if a (by no means uncritical) French commentator exaggeraMonday, February 8, 2021 |
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 | Mark O'Byrne - gold.ie |
| Silver Very Undervalued from Historical Perpective of Ancient Greece |
| – What wages in ancient Athens can tell us about the silver price today
– Wages paid in silver in ancient Athens compared to wages today
– Silver massively undervalued compared to the past few thousand years
The cost of building the Parthenon was 469 silver talents, or about £5.6m.
by Dominic Frisby
Today we look at the wages paid to oarsmen on warships in ancient Athens in 450BC.
I bet you’ve never read a Money Morning that began like that before.
Why on earth would I want to do such a thing?
Thursday, January 28, 2021 |
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| Benjamin Constant |
| On the Liberty of the Ancients Compared with that of the Moderns |
|
He loved liberty as other men love power," was the judgment passed on Benjamin Constant by a 19th-century admirer.
His great public concern, all throughout his adult life, was the attainment of a free society, especially for his adopted country, France; and if a (by no means uncritical) French commentator exagSaturday, November 28, 2020 |
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 | Jeff Clark - Casey Research |
 Does Gold Keep up in Hyperinflation  |
| Inflation is anatural consequence of loose government monetary policy. If those policies get too loose, hyperinflation can occur. As gold investors,we'd like to know if the precious metals would keep pace in this extreme scenario.
Hyperinflation is an extremely rapid period of inflation, but when does inflation (which can be manageable) cross the line and become out-of-control hyperinflation? PhilipCagan, one of the very first researchers of this phenomenon, defines hyperinflation as "an inflation rate of 50% or more in a single month, "something largely inconceivable to the average investor.Wednesday, August 19, 2020 |
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 | Charleston Voice |
| Hidden History The Other Atlantis: Carthage: Hidden in plain sight *vid* |
| More videos like this
A 'lost' civilization
It was the biggest and richest civilization in the Mediterranean and spread trade, science, and advanced agricultural techniques throughout the then-known world.
Then it disappeared.
We know what happened and we know where it went, but what few know is the painstaking efforts Rome took to not only destroy Carthage, but also to erase it from the historical record.
They succeeded.
What do you know about Carthage and its massive contributionFriday, May 22, 2020 |
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 | Hugo Salinas Price - Plata.com |
| Silver and the Great Future of Mexico |
| Lecture of the author at the solemn ceremony of his appointment as Honorary Professor of Northwest Institute of Management of the Russian Presidential Academy.
Embassy of the Russian Federation
Mexico City
June 27, 2017.
Your Excellency, Ambassador Edward Malayan; Doctor Vladimir Shamakhov, Director of the Northwest Institute of Management of Russian Presidential Academy,members of the Honorable Diplomatic Corps here present, and esteemed audience:
I am greatly privileged to be with all ofTuesday, May 5, 2020 |
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 | 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 |
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 | 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 tTuesday, April 7, 2020 |
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| Graham Summer - Gains Pains & Capital |
| Watching Palladium Make New All-Time Highs |
| The price action in palladium is eerily reminiscent of early 2001, and this could have major implications for gold and silver in the months ahead.
Back in 2001, the price of palladium spiked to highs above $1100/ounce. At the time, major physical palladium shortages appeared and tremendous strain was put upon the LBMA palladium market in London. Lease rates soared, and it appeared that thWednesday, October 24, 2018 |
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| Mark O'Byrne - gold.ie |
| Gold Cup At Cheltenham – Gold Is For Winners, Not For the Gamblers |
| – Gold Cup at Cheltenham – ‘The Olympics’ of the European horse racing calendar
– Gold Cup trophy contains 10 troy ounces of gold – worth £9,000
– £620 million bets on horses, 230,000 pints of Guinness will be drunk, 9.2 tonnes of potato eaten
– Since the 5th century BC, gold has been the ultimate prize to award champions and gold has been constantly and universally awarded as top prize
– Gold, like the summit of human achievement, is very rare and hence precious
– Gold is a great prize and Thursday, March 15, 2018 |
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 | Egon von Greyerz - Matterhorn AM |
| CENTRAL BANKERS NEVER GET IT RIGHT |
| Central bank heads have been at it again last week. And they have clearly all been singing from the same hymn sheet. The messages have been very similar from the bosses of the Fed, ECB and BOJ. The head of the Swedish Riksbank had a different and much more interesting message. More about that later.
Why should we ever listen to any of these self-important central bankers. They are consistently inaccurate in their forecasts and policies. Their timing is always wrong as they are always behind theFriday, March 9, 2018 |
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| Egon von Greyerz - Matterhorn AM |
| SOCIALISM – A GUARANTEED ROUTE TO HYPERINFLATION |
| Gold is hated by governments around the world because it reveals their deceitful actions in totally destroying the economy. It is not an accident that gold is the only money which has survived for 6,000 years. Gold is the only money that tells the truth. And gold is nature’s money which means it cannot be destroyed and it cannot be manufactured.
This is why governments cannot live with gold as money for more than short periods. Because over time governments always spend more than the country earFriday, March 2, 2018 |
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| Egon von Greyerz - Matterhorn AM |
| OWN GOLD BEFORE PANDORA REOPENS THE BOX |
| In the old Greek mythology, the opening of Pandora’s box unleashed many evils on the world. Within the next few years, we will see a modern Pandora’s box being opened that will lead to events in the world which will be as devastating as when the ancient box was opened. The very big difference is that this time the consequences will not be part of historical mythology. Instead they will be real and catastrophic for the whole world on a scale never experienced in history.
Pandora – the all givingFriday, February 23, 2018 |
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| Mark O'Byrne - gold.ie |
| Bank Bail-In Risk In European Countries Seen In 5 Key Charts |
| Bank Bail-In Risk In Europe Seen In 5 Charts
– Nearly €1 trillion in non-performing loans poses risks to European banks’– Greece has highest non-performing loans as a share of total credit
– Italy has the biggest pile of bad debt in absolute terms– Bad debt in Italy is still “a major problem” which has to be addressed – ECB– Level of bad loans in Italy remains above that seen before the financial crisis
– Deposits in banks in Greece, Cyprus, Italy, Ireland, Czech Republic and Portugal most at riTuesday, February 20, 2018 |
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| Bullion Vault |
| Start of Chinese New Year Holiday See Gold Bullion Whip on US Inflation Data, Turkey Threatens 'Ottoman Slap' |
| GOLD BULLION prices fell as the Dollar jumped on stronger-than-expected US inflation data Wednesday, only to recover the drop as fixed-income bond prices fell, pushing longer-term interest rates higher once more.
World stock markets also sank and then rallied on the news, with Germany's Dax regaining a previous 1.0% loss by mid-afternoon in Frankfurt.
Gold priced in non-US currencies also spikedWednesday, February 14, 2018 |
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 | Nathan Lewis - New World Economics |
| “Rules-Based” Monetary Proposals Won’t Create S... |
| (This item originally appeared at Forbes.com on February 9, 2018.)
https://www.forbes.com/sites/nathanlewis/2018/02/09/rules-based-monetary-proposals-wont-create-stable-money/#4b822c96128e
I often say that governments should follow the “Magic Formula,” which is: Low Taxes and Stable Money. Good things happen to governments that do this, and bad things happen to those that don’t.
“Stable Money” means: money that is stable in value. The traditional way to accomplish this is to link currencies to gMonday, February 12, 2018 |
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 | Nelson Hultberg - AFR.org |
| Ominous Musings on America – 2018 |
| Decay and despotism invade our lives today like gangrene creeps up the limbs of a wounded soldier in the festering fields of war. Our Washington pols swagger through fulsome milieus of political putrescence and graft. Establishment pundits spew hysterical falsehoods on a daily basis. FOMC bureaucrats print fake money like mountebanks spin shell games to carnival dupes. Special counsel shysters conduct corrupted investigations to overturn the rightful will of the people. Political thuggery masqueTuesday, January 30, 2018 |
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| Hugo Salinas Price - Plata.com |
| Some Reflexions on History and Economics |
| Nicolas Oresme, a Catholic bishop (1320-1382), studied human behavior with regard to money, which in his time consisted of gold and silver coinage; he was perhaps the first to observe that humans attribute varying valuations to the money that comes into their hands. He stated that holders of gold and silver coins prefer to tender their most deteriorated coins in payments, and retain the most bright, shiny and perfect of their coins. Thus, he was the true originator of what has come to be known aMonday, January 22, 2018 |
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 | Mish - Global Economic Analysis |
| Debt to GDP: Only 4 Major Countries Worse Off Than the US |
| Of major nations, only Japan, Greece, Italy, and Portugal have debt-to-GDP ratios higher than the US. With the new tax overhaul, U.S. government debt will rise by one to two trillion dollars over the next decade. I view that assessment as majorly optimistic as it assumes no recession and unlikely growth.
Citing IMF statistics, the Wall Street Journal reports Just Four Large Countries Have a Higher Debt Burden Than the U.S.
Japan’s government carries debts at 240.3% of gross domestic product, fMonday, January 1, 2018 |
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 | Andy Hoffman - Miles Franklin |
| 2017, The Year of the Truth Bomb! (Part 1) |
| Here we are at the end of 2017 with more “truth bombs” released than I could have imagined! In fact, I believe we probably received more “truth” in just one year than collectively in all of human history. This is a sad statement because it also means we have lived behind more lies than at any time prior. Also surprising is none individually have cracked the dam called “confidence”. But do not be fooled as it looks as if the entire dam is moving, particularly in the last few weeks!
As we haveTuesday, December 26, 2017 |
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