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| Gold university - Antal E. Fekete |
| The Gold Demonetization Hoax |
| Wednesday, August 23, 2017 |
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 | Frank Shostak |
| The Relationship Between Saving and Money |
| Conventional wisdom says that savings is the amount of money left after monetary income was used for consumer outlays. Hence, for a given consumer outlays an increase in money income implies more saving and thus more funding for investment. This in turn sets the platform for higher economic growth.Following this logic, one could also establish that increases in money supply are beneficial to the entire process of capital formation and economic growth. (Note increases in money supply result in inMonday, August 21, 2017 |
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 | Alasdair Macleod - Finance and Eco. |
| The fiscal benefits of free trade |
| Western governments have an overriding problem, and that is they have reached or exceeded the bounds of taxation, at a time when legally mandated welfare costs are accelerating. Treasury departments in all the welfare nations are acutely aware of this problem, to which there’s no apparent solution. The economic recovery, so consistently forecast since the great financial crisis, has hardly materialised and has added to the problem.There is, if treasury economists could only understand it, a soluSaturday, August 19, 2017 |
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 | Mark O'Byrne - gold.ie |
| Must See Charts – Gold Hedges USD Devaluation, Rise in Oil, Food and Cost of Living Since Nixon Ended Gold Standard |
| – Gold hedges massive ongoing devaluation of U.S. Dollar
– 46th anniversary of ‘Tricky Dicky’ ending Gold Standard (see video)
– Savings destroyed by currency creation and now negative interest rates
– Long-term inflation figures show gold a hedge against rising cost of fuel, food and cost of living
– $20 food and beverages basket of 1971 cost $120.17 in 2017
– Household items increased by average of 2000% and oil by 5,373% since 1913
– Gold gained 5,669% since 1913; by nearly 3,000% since 1971
Thursday, August 17, 2017 |
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 | Antal E. Fekete - Gold University |
| Keeping our Eyes Peeled for the Silver and Gold Basis |
| Here is a question for the discriminating observer. How is it that interest-rate derivatives do not obey the Law of Supply and Demand? The more there are of them, the more they are in demandThursday, August 17, 2017 |
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 | George F. Smith - Barbarous Relic |
| The Return of Sound Money |
| On Sunday evening, August 15, 1971, President Nixon told the American people the U.S. would “suspend temporarily the convertibility of the dollar into gold or other reserve assets” as a means of defending the dollar against “the speculators.” This was one part of his New Economic Policy, a phrase borrowed from communist Vladimir Lenin, which included a 90-day freeze on prices and wages, and a 10 percent tax on imports. Gary North points out that Barron’s editor Robert Bleiberg, in a 1974 speecWednesday, August 16, 2017 |
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 | Nick Barisheff - BMSINC |
 August 15, 1971: Inflation Unleashed  |
| The general public, the media and most financial observers were largely unaware of the momentous event that took place on August 15, 1971. However, the implications of that event have had an enormous impact on global financial conditions ever since. On that date, US President Richard Nixon “closed the gold window”. In essence, this meant the US would no longer honour the Bretton Woods Agreement of 1944, whichTuesday, August 15, 2017 |
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 | Jason Hamlin - Gold Stock Bull |
| Why The Bitcoin Price Could Top $1 Million |
| The price of Bitcoin made a new record high above $4,300 today and is now up roughly 350% year to date or 643% over the past 12 months. If you add in the free Bitcoin Cash distributed to Bitcoin holders, the current value of Bitcoin is closer to $4,600. In this article, I will lay out the case for why a Bitcoin price of $1 million is not as outlandish as it appears at first blush.
While some people are saying it could hit this level by 2030, I think we could see the Bitcoin price reach $1 milliMonday, August 14, 2017 |
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 | Egon von Greyerz - Matterhorn AM |
| FINAL CURRENCY DEBASEMENT TO ZERO HAS STARTED |
| Fake money has created a totally uneven playing field for most ordinary people.
Money used to represent a medium of exchange that would facilitate bartering. Instead of exchanging goods or services, people would receive a piece of paper that was equal to the value of their goods or services. This was initially an honest system when for each service or goods offered there was only one bank note issued. Eventually the banker started to cheat and issued a lot more money/paper than the counter valueSaturday, August 12, 2017 |
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| Frank Shostak |
| Employment Is Not the Key to Economic Growth |
| The US unemployment rate stood at 4.3% in July against 4.4% in the month before. The number of unemployed stood at 6.981 million – an increase of 4,000 from June. A relatively low unemployment rate is considered by most experts as an important factor for economic growth.This way of thinking based on the view that a reduction in the number of unemployed means that more people can now afford to boost their expenditure. As a result, economic activity follows suit. If unemployment is an important drSaturday, August 12, 2017 |
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| Antal E. Fekete - Gold University |
| Our Diseased Monetary Bloodstream |
| .Friday, August 11, 2017 |
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| USA GOLD - USA Gold |
| Former Lehman Brothers Trader: Unpredictable Government Actions Make It Smart to Hold Gold |
| Forbes/Shannara Johnson/08-10-17
What does a hot-shot Wall Street trader see in physical gold? And why would he be adamant about holding it?
…Once he started looking into precious metals versus paper money, he quickly became bullish on gold: “An ounce of gold will buy you a nice suit today, it bought you a nice suit 20 years ago, it bought you a nice suit 200 years ago… Dollars have depreciated over time; pretty much any fiat currency has. So when I look at gold, I don’t look at it like, it’s goThursday, August 10, 2017 |
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| Hyperinflation - USA Gold |
| The Nightmare German Inflation |
| Hey, Mr. Chairman, in case you haven't noticed, the Federal Reserve already has a goodly supply of oxen!
My father was fond of relating a story about a professor lecturing on geography. A short fellow, he was extolling the agriculture of Switzerland. "In our country oxen are not even as tall as I am. In some countries you see oxen just as tall as myself. But, believe it or not, on the fat pastures of Switzerland there are even greater oxen than myself". For emphasis the good professor stood on his tiptoes and stretched his hand upwards above his head. "We don't believe so!" - shouted someone from the back benches of the lecture theater.Thursday, August 10, 2017 |
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| Alasdair Macleod - Finance and Eco. |
| Cryptocurrency - its status as money |
| The cryptocurrency craze is fascinating to an economist, or at least a student of catallactics, because it is a test of the theory of exchange ratios and prices, which is what catallactics is about.For this reason, the outcome of the cryptocurrency craze is of great theoretical interest. It is also of interest to students of the psychology of speculation.Supporters of cryptocurrencies claim they are money. If they are unable to substantiate this claim, then we must conclude that cryptocurrenciesThursday, August 10, 2017 |
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| Antal E. Fekete - Gold University |
 The Second Greatest Story Ever Told  |
| Fable has it that paper currency came into being as warehouse receipts issued by the goldsmith against gold left on deposit for safe-keeping. The owners found that they could make purchases with these warehouse receipts as easily as with gold coins. Then the goldsmith went on lending out at interest his fictitious warehouse receipts. According to this fable, the fraudulent business of the goldsmith in issuing warehouse receipts against non-existent gold was the embryonic form of the fractional-reserve banking of today.Wednesday, August 9, 2017 |
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 | James Turk - Goldmoney |
| Shakespeare on Finance |
| We are told by Shakespeare: “Neither a borrower nor a lender be.” Is it good advice?Like so many things in life, the answer is - it depends. Individuals are different, and what is right for one person may not be suitable for another. What’s more, everyone’s circumstances are different, which may require different decisions that result in a myriad of outcomes.Consider too what has happened to money in the four centuries that have passed since Shakespeare penned those immortal words. The Bard himsWednesday, August 9, 2017 |
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 | Thorsten Polleit |
 The Fiasco of Fiat Money |
| I. Today's worldwide paper-, or "fiat-," money regime is an economically and socially destructive scheme — with far-reaching and seriously harmful economic and societal consequences, effects that extend beyond what most people would imagine.
Fiat money is inflationary; it benefits a few at the expense of many others; it causes boom-and-bust cycles; it leads tooverindebtedness; it corrupts society's morals; and it will ultimately end in a depression on a grand scale.Tuesday, August 8, 2017 |
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 | Michael Pento - Delta Global Advisors |
| The Death of Abenomics; the Rise of Interest Rates |
| Job approval numbers for Japan’s Prime Minister Shinzo Abe are in freefall. Abe's support has now fallen below 30%, and his Liberal Democratic Party recently suffered heavy losses stemming from a slew of scandals revolving around illegal subsidies received by a close associate of his wife. But as we have seen back on this side of the hemisphere, the public’s interest in these political scandals can be easily overlooked if the underlying economic conditions are favorable. For instance, voters werMonday, August 7, 2017 |
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 | Mish - Global Economic Analysis |
| Bubblicious Debate: Greenspan Says “Bond Bubble About to Break”, No Stock Market Bubble |
| In 1996 Alan Greenspan, Fed Chair, warned of “irrational exuberance” in the stock market.
Some say he was just early. But the real story is much different. By the year 2000, Greenspan was the market’s and the economy’s biggest cheerleader. Right before the dotcom bubble collapsed, he fully embraced the productivity miracle.
Today Greenspan is back with another “irrational exuberance” call. This time he says Bond bubble About to Break Because of ‘Abnormally Low’ Interest Rates.
Former Federal ReMonday, August 7, 2017 |
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 | Mac Slavo - ShtfPlan |
| Should you sell all of your gold and silver to go “All-In” on Bitcoin and Ethereum? |
| The crypto currency sector has been on a meteoric rise in recent years, with some “coins” seeing gains of thousands of percentage points for early investors. With interest building and new platforms for novice users that make it easier to buy Bitcoin, Ethereum and other blockchain currencies, U.S. Gold Corp CEO Edward Karr says there may still be big gains to be had.
In the following interview with SGT Report, Karr notes that just as is the case with precious metals, one of the fundamental reasoMonday, August 7, 2017 |
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