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| RATIOS & INDEXES |
| Gold / Silver | 61.15 |
| Gold / Oil | 14.32 |
| Dowjones / Gold | 11.10 |
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 | Articles related to Paper money |  |
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 | George F. Smith - Barbarous Relic |
 Who paid for the Civil War ?  |
| When war broke out in 1861, the federal government was without its own money machine, though that would soon change. As expenses from the war mounted, the U.S. government once again issued Treasury Notes to help finance it. The Act of July 17, 1861 authorized Secretary of the Treasury Salmon P. Chase to issue notes at 7.Monday, May 20, 2013 |
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 | Mike Maloney - Goldsilver |
| The Federal Reserve Treasure, or Relic? |
| Many would argue that the Federal Reserve is the mainstay of the American economy—that without a Federal Reserve, the nation’s finances would spin out of control and create massive global instability. Supporters of the Federal Reserve system believe prosperity requires prices to be altered by congressionally authorized monopoly—enforced by the Legal Tender law.
U.S. Founding Father Thomas Paine on legal tender:
As to paper money, in any light it can be viewed, it is at best a bubble.
If anMonday, May 20, 2013 |
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 | Ranting Andy - Miles Franklin |
Physical vs Paper PM’s – CASE CLOSED!  |
| Sometimes pictures tell more than words; so I’m going to show you some graphics that prove TPTB may have won the recent “battle”; but are MASSIVELY losing their “war” against REAL MONEY – a war, I might add, they have ALWAYS lost…
Research shows ALL Paper Money Systems Failed
Whilst PAPER PM prices were violently attacked during mid-April’s “ALTERNATIVE CURRENCIES DESTRUCTION”…
…in both gold and sSaturday, May 18, 2013 |
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| Ranting Andy - Miles Franklin |
| Getting ‘Rich’ Or Avoiding Poverty? |
| Read the Wednesday After Wrap-Up for 5/15/2013 and the Thursday Morning Commentary for 5/16/2013
Watching the Silver Circlemovie, a key theme I have long written of was in full focus; as Pasha Roberts depicted what a hyperinflationary 2019 America might look like. That is, that PHYSICAL gold and silver are not purchased to “get rich”; but instead, to insure against the inevitable destruction of fiat currencies…
Research Shows ALL Paper Money Systems Failed
This is because the “HOLY GRAIL OF THEThursday, May 16, 2013 |
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 | Jesse - Le Café Américain |
| Greenspan: Role Of Central Bankers Is to Try to Replicate the Stability of the Gold Standard |
| Greenspan said on any number of occasions that his model was that a 'fiat currency' works when it emulates the rigor of the gold standard.
I am using this post as a placemarker to gather a few citations along these lines. Sometimes people doubt these things, and it is not always easy to go back and find the actual idea in print.
I will place other example here as I find them but it is not a high priority because Alan Greenspan has never deviated from this point of view. One of the most poigTuesday, May 14, 2013 |
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| Mike Maloney - Goldsilver |
| China's Gold Blitz of 2013 |
| As the paper gold price continues its choppy consolidation, after gaining a following and an initial sharp decline in mid-April, the world’s attention is now focused on Chinese and Indian demand for gold, “which between them is absorbing an all non-Asian mine supply….
“Chinese net purchases of gold totaled 320.54 metric tons (mt) in first quarter 2013.” This “Gold Blitz” of 2013 reflects an increasing confidence in precious metals over paper currencies. Many of the world’s countries have experTuesday, May 14, 2013 |
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| Ranting Andy - Miles Franklin |
| NIRP VS. Gold, Part II |
| Read the Friday Afternoon Wrap-Up for 5/10/2013 and the Monday Morning Commentary for 5/13/2013
Last summer, yet another European crisis prompted short-term interest rates to plunge BELOW ZERO. Several nations even mandated short-term “NIRP” – or Negative Interest Rate Policy – to force investors to pull funds from banks and spend them; as discussed in my July 18, 2012 RANT, “NIRP VS. GOLD”
Two days later – on July 20th – the ECB printed €100 billion to (temporarily) bail out the Spanish bankinMonday, May 13, 2013 |
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 | Bob Hoye - Institutional Advisors |
| Like There is No Tomorrow |
| Signs Of The Times
"Fed Vice Chair, Janet Yellen, doesn't see 'Significant asset bubbles
that would threaten financial instability'."
- Bloomberg, April 16
"Extraordinarily loose monetary policy risks sparking credit bubbles
that threaten to tip the world back into financial crisis."
- IMF Warning, Financial Times, April 18
Financial bubbles are not new and the following quoteMonday, May 13, 2013 |
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 | Keith Weiner |
| Theory of Interest and Prices in Paper Currency Part I (Linearity) |
| Under gold in a free market, the theory of the formation of the rate of interest
is straightforward.¹ The rate varies in the narrow range between the floor
at the marginal time preference, and the ceiling at the marginal productivity.
There is no positive feedback loop that causes it to skyrocket (as it did up
until 1981) and subsequently to spiral into the black hole of zero (as it is
doing now). It is stable.
In irredeemable paper currency, it is much more complicated. In this first
Monday, May 13, 2013 |
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| Aubie Baltin |
History’s Best Gold Buying Opportunity – Dr Baltin  |
| There is only one difference between a bad
economist and a good one: The bad economist confines himself to the
visible effect; the good economist takes into account both the effect
that can be seen and more importantly, those effects that must be
foreseen. The bad economist pursues a small, present good that will be
followed by a great evil to come, while the good economist pursues a
great good to come, at theMonday, May 13, 2013 |
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 | 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.Friday, May 10, 2013 |
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| Ranting Andy - Miles Franklin |
| The Real Yen Bomb – Starts Now! |
| Read the Thursday Afternoon Wrap-Up for 5/9/2013 and Friday Morning Commentary for 5/10/2013
For years, I have written of the untenable predicament of the “Land of the Setting Sun.” Given the “DEMOGRAPHIC HELL” it faces as the WORLD’S OLDEST NATION; and the “HARI-KARI” policies of the Central bank that invented quantitative easing, it’s FATE has been sealed…
The world’s most expensive cities- 1. Tokyo, Japan
Japan’s population is EXACTLY ten years older than America’s; and thus, had its ineviFriday, May 10, 2013 |
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 | Deepcaster |
| Market Forecasts Nuggets |
| "After watching the effects of the mediocre payrolls number yesterday (Friday, 5/3/13) which culminated in a push over 1600 in the S&P 500 and a print in the Dow over 15,000, I thought it might be useful to note a few things about this most recent example of a hysteria. "I am on record here as stating that the entire stock market rally is nothing but a Federal Reserve induced bubble brought about by artificially low interest rates starving investors for yield elsewhere. The Fed, along with the BFriday, May 10, 2013 |
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 | Darryl Robert Schoon - Survive the Crisis |
| Gold - Who's selling who's buying who's lying |
| Although the Pharisees of paper money successfully forced down the price of gold, like those who lobbied Pontius Pilate to crucify Jesus, the consequences of their actions will backfire beyond their wildest imagination.The decision of the paper money cabal to force down the price of gold is akin to Japan's decision to attack Pearl Harbor. Although the attack was successful, the eventual consequences were not what Japan had envisioned.Recently, an article, The Gold Correction: What's the Big DealThursday, May 09, 2013 |
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 | Alasdair Macleod - Finance and Eco. |
The case against deflation  |
| Regular readers will know I am in the inflation, possibly hyperinflation camp; but there are those that think the future is more likely to be deflationary. In the main this is the view of neoclassical economists, Keynesians and monetarists, who generally foresee a 1930s-style slump unless the economy is stimulated out of it.
Rather than repeatedly go into the errors of their ways, we must accept that they are in charge. They have decided that prices must not fall, and they see moderate price iMonday, May 06, 2013 |
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 | The Gold Report |
| James Dines Follows His Prediction of a Commodity Crash with Another One the Mainstream Media Is Ign |
| The Gold Report: What does it mean that leading stock market averages have been in Uptrends, while commodities markets are in Downtrends?
James Dines: Our "Sell" signal on China's economy in The Dines Letter (TDL) of Sept. 16, 2011, is still stubbornly resisted by the mainstream press, which instead persists in calling for 7.5% growth by China Since we perceive China as a barometer for the commodities markets, it followed that there would be a decline in raw-materials prices.
We find it astoniMonday, May 06, 2013 |
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| Ranting Andy - Miles Franklin |
| End of Austerity |
| Read the Tuesday Afternoon Wrap-up for 4/30/2013 and the Wednesday Morning Commentary for 5/1/2013
Of all the words I never expected to be associated with finance, “austerity” is atop the list; particularly in today’s world of GLOBAL, UNFETTERED MONEY PRINTING.
Thus far, it has been associated principally with Europe; although comically, some try to term America’s budget sequestration in 2013 an “austerity” measure; when in fact, its measly $1 trillion of back-end loaded spending cuts over the nThursday, May 02, 2013 |
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 | Jason Hommel - Silverstockreport |
| Silver Shortages of April, 2013 |
| Rounds and Silver Eagles are sold out, and occasionally it has been difficult to source them, on and off, so far this year.Prices over spot are changing up to 5% per day, and silver eagles are selling for up to 30-40% over spot on ebay.com.Investor buying probably remainsMonday, April 29, 2013 |
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 | Chris Powell - GATA |
| Ohmigod! A gold mining company notes suspicions of market manipulation |
| Here's something you seldom see: a gold mining company taking note of suspicions of manipulation of the gold market. Until the gold mining industry is prepared to defend itself against market manipulation, it will remain the helpful patsy of the Western central banks and the enemy of its own investors.Sunday, April 28, 2013 |
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