Articles related to System
 
Alasdair Macleod - Finance and Eco.
  Understanding money and prices
This article explains the money side of prices, and why government currencies, unbacked by gold, are doomed to collapse. And why gold, which is the sound money chosen by markets throughout history, will retain or increase its purchasing power measured in the goods it buys over the coming years.Very few people have a full understanding of the relationship between money and goods. This is the relationship that sets prices. Yet, without that understanding, central banks will almost certainly fail i
Sunday, June 17, 2018
Mike Maloney - Goldsilver
  Gold Silver Confiscation: Can the Government Seize Assets
One concern of retail precious metals investors is the possibility of a gold confiscation.Imagine having the forethought to buy gold to shield your finances from an economic or monetary crisis—only to have it taken away from you by your government. You’d lose not just the protective buffer you put in place but potentially a chunk of your net worth.Gold confiscation may sound preposterous to investors used to securities or real estate. But it’s happened in the past enough times to make it a reaso
Friday, June 15, 2018
Nathan Lewis - New World Economics
The “Gold Sterilization” of 1937
Today, we will start investigating the U.S. recession of 1937, and along with that, claims that the Federal Reserve caused it by some sort of misbehavior. As is our usual practice, we will begin with just looking at some general information about that time. Industrial production had a short, sharp shock in 1937. Here’s what it looked like in terms of nominal GDP: I am not going to try to disentangle what was going on at that time. There were a lot of things, from the introduction of Social Sec
Monday, June 4, 2018
Jeff Clark - Goldsilver
Why Own Gold The Top 10 Reasons to Buy Gold Now
Is gold a good investment? Why should you own it?It’s natural and even prudent for an investor to wonder if a particular asset is a good investment or not. That’s especially true for gold, since it’s an inert metal and doesn’t earn any interest.But the reasons for owning physical gold go beyond the possibility of its price rising. Gold bullion offers distinct advantages that simply can’t be found in almost any other investment. These advantages give you power as an investor. And yes, one of thes
Friday, June 1, 2018
Richard Mills - Ahead of the Herd
Two Bullets
I’ve read the following article so many times I can just about recite both from memory. I found it years ago, anon, thank you, you’ve helped keep me focused. I hope readers find Two Bullets as useful as I did. Aheadoftheherd.com *** Two Bullets Several years ago, I met someone, Trader Joe, who was an expert technical trader. I call him an expert because he lived off of his profits, he was financially independent, and he frequently went on random scuba diving and bird watching vacations at
Sunday, May 27, 2018
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 of
Saturday, May 19, 2018
FOFOA - FoFOA
What is Freegold
Four years ago, Freegoldtube made a video titled "What is Freegold?" It evolved out of a series of events that began with the stunning collapse in the price of gold, from $1,600 down to $1,380 in first half of April, 2013. That collapse caused Jim Sinclair to email me asking about Freegold, which caused him to then make some confusing posts on his own blog about Freegold, which caused Ein Anderer to suggest that we were in "urgent need" of a short and simple explanation of Freegold. He persist
Tuesday, May 15, 2018
Ronan Manly - Bullion Star
New Gold Pool at the BIS Basle, Switzerland: Part 1
“In the Governor’s absence I attended the meeting in Zijlstra’s room in the BIS on the afternoon of Monday, 10th December to continue discussions about a possible gold pool. Emminger, de la Geniere, de Strycker, Leutwiler, Larre and Pohl were present.”      13 December 1979 – Kit McMahon to Gordon Richardson, Bank of England Introduction A central bank Gold Pool which many people will be familiar with operated in the gold market between November 1961 and March 1968. That Gold Pool was known as t
Wednesday, May 2, 2018
Chris Powell - GATA
  State Dept. memo explains U.S. policy to drive gold out of financial system
A long memorandum written in March 1974 by a U.S. State Department official for Secretary of State Henry Kissinger and copied to future Federal Reserve Chairman Paul Volcker, then the Treasury Department's undersecretary for monetary affairs, describes the desire of the United States and its options to prevent European countries from increasing the use of gold in the international financial system. The memo, titled "Gold and the Monetary System: Potential U.S.-E.C. Conflict," was recently discov
Sunday, April 29, 2018
Jesse - Le Cafe Américain
  Cecil Rhodes and the Dream of a New World Order Presided Over by an Anglo-American Establishment 
"The Rhodes Scholarships, established by the terms of Cecil Rhodes's seventh will, are known to everyone. What is not so widely known is that Rhodes in five previous wills left his fortune to form a secret society, which was to devote itself to the preservation and expansion of the British Empire. And what does not seem to be known to anyone is that this secret society was created by Rhodes and his principal trustee, Lord Milner, and continues to exist to this day. To be sure, this secret soci
Friday, April 27, 2018
Steve Saville - Speculative Investor
  What should the gold/silver ratio be
The price of gold is dominated by investment demand* to such an extent that nothing else matters as far as its price performance is concerned. Investment demand is also the most important driver of silver’s price trend, although in silver’s case industrial demand is also a factor to be reckoned with. In addition, changes in mine supply have some effect on the silver market, because unlike the situation in the gold market the annual supply of newly-mined silver is not trivial relative to the exis
Wednesday, April 18, 2018
Nathan Lewis - New World Economics
  The Story of Gold Money, Past, Present and Future, by Edwin Walter Kemmerer
There aren’t a lot of good books about the gold standard — the monetary system of the world until 1971 — after WWI. There aren’t a lot before WWI either, but it starts to get pretty bad after 1920. Ralph Hawtrey’s books have some merits, but they also have too many errors to serve as a definitive source. Gold and the Gold Standard: The Story of Gold Money, Past, Present and Future (1944) is something of an exception to this pattern. Edwin Walter Kemmerer was a professor at Princeton. Wikipedia o
Thursday, April 5, 2018
Keith Weiner - Monetary Metals
Standing Ready to Lease Gold
We will take another break from capital destruction, to treat a topic which has come up this week. On March 11, we said: “…central bankers do not think about gold. Granted, they once did. In the 1960’s, there was the now-infamous London Gold Pool to keep the price of gold at $35. This is endlessly cited as evidence of current central bank price suppression, without bothering to mention that until 1971 the official US policy was to maintain the dollar to gold exchange rate of $35 to the ounce. …
Tuesday, March 20, 2018
Gary Tanashian - Biwii
Bonds, Inflation And Amigos
The Bonds segment of NFTRH 491 took a turn to tin foil territory to allow the letter writer to expose newer subscribers to his ideological views and thus, bias. #491 also got pretty talky on the precious metals as it did a thorough review of the sector’s status, with silver’s symmetry to 2016 a very key item. Hint: An ill-fated bounce like so many that have come after the 2016 top is not what we are looking for with the next rally, but it ain’t gonna be easy. You can check out this article for a
Monday, March 19, 2018
Jesse - Le Cafe Américain
Pro America Rally Tonight -
“You demagogues are like the fishers for eels; in still waters they catch nothing, but if they thoroughly stir up the slime, their fishing is good; in the same way it's only in troubled times that you line your pockets.” Aristophanes, The Knights "They claim to be super-patriots, but they would destroy every liberty guaranteed by the Constitution. They demand free enterprise, but are the spokesmen for monopoly and vested interest. Their final objective, toward which all their deceit is direct
Sunday, March 18, 2018
Chris Powell - GATA
Iran's break with the dollar is easier said than done
A little over two weeks ago Iran eliminated another function of the U.S. dollar in its internal workings in a move positioned amid yearslong plans to reduce dependency on the greenback. The consequences will be manifold and interconnected, but there are discrepancies in views concerning what will happen as a result among experts and officials. On Feb. 28, the Ministry of Industry, Mines, and Trade announced by way of a directive that all traders are henceforth barred from registering their impor
Saturday, March 17, 2018
Mark O'Byrne - gold.ie
Buy Silver And Sell Gold Now
– Buy silver and sell gold now – Frisby– Gold should cost 15 times as much as silver– Silver might have disappointed in short term – But it’s time to buy – Editor’s note: Silver has outperformed stocks, bonds and gold over long term (see table) For those of you with busy schedules who like to see arguments made in 280 characters or less, let me come straight to the point: the time has come to sell your gold and buy silver. Got that? Right. Now, those of you who are interested to know why I wou
Saturday, March 17, 2018
Andy Hoffman - Miles Franklin
Hypersonic weapons and your standard of living…
Do you believe there is any coincidence the Russians first, followed by the Chinese … announced “hypersonic weapons”? I ask this question for several reasons and will come to a conclusion at the end but for now, with the rollout of the “petro-yuan” set for March 26 is there any coincidence we find out about these weapons now? We were even offered proof over the weekend of successful tests. If that were not enough, what heck is this? Please take the two minutes to watch the video, these are seaso
Saturday, March 17, 2018
James Howard Kunstler
  Drums Along the Potomac 
The amateur psychologist in me suspects that the more the USA heaps Russia with censorious opprobrium and punishments, the closer this floundering polity actually is to completely losing its shit. Friday morning’s front-page headline in The New York Times appears to have been written by Pee Wee Herman: I can just hear Vlad Putin blowing a raspberry out of the Kremlin: “Nyah, nyah, nyah… I know you are, but what am I…?” We’re also informed today by that august journal that U.S. Accuses Russia in
Friday, March 16, 2018
Mac Slavo - ShtfPlan
The Transformation Of Our Nation Into A Complete Surveillance State Is Almost In Place: “You’re Known, Your Vehicle Is Known, Your Daily Itinerary, Shopping Habits… It’s All Being Recorded” 
The headlines are awash with the recent tensions with North Korea, and most are focused intently upon this act of the play that has been running hot for several years, now.  Akin to the proverbial frog in cold water, however, we are not paying as much attention to the surveillance state that is continuing to wrap its tentacles around us.  Eurasia is our ally, Eastasia is our enemy…and nobody notices that the chocolate ration has been diminished.  While everyone focuses on what is reported in the
Friday, March 16, 2018
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