| |
 | Dan Popescu - GoldBroker |
| The Gold Standard |
| According to Mises, money’s function as a medium of exchange is thus the central one, while its store of value and unit of account functions are merely subordinate functions. I would say store of value and unit of account is what makes the medium of exchange marketable. The medium of exchange has to be simple to understand, not only by educated people but also the most uneducated. It has to be easily accessed, not only in ideal circumstances but also in difficult ones. Many things have been trieFriday, July 10, 2020 |
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 | Egon von Greyerz - Matterhorn AM |
| THE DOLLAR – FROM BOHEMIA TO BUST |
| Virtually no investor studies history and the few who do always think it is different today. The most important lesson is that people never learn. If they did, they wouldn’t be invested in a stock market that on any criteria is now at a bubble extreme. And they wouldn’t be invested in a global debt market which has grown exponentially in recent decades and which will become worthless in the next few years as debtors default. Nor would anyone hold paper money which is down 97-99% in the last 100Friday, February 9, 2018 |
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 | Andy Hoffman - Miles Franklin |
| We Did It To Ourselves! It’s Time for Change. |
| Serious problems affect Americans. Problems first, solutions at the end!
We did what to ourselves? Our representatives, senators, and Presidents, supposedly acting on our behalf, voted for and created what history has shown are huge monetary and fiscal mistakes.
Some will disagree, but consider this partial list:
1 – Central banking and The Federal Reserve Act: Enough money was spread around Washington D.C. to purchase the passage of this self-serving banking monstrosity. It was signed into lawTuesday, February 6, 2018 |
|
 | Dave Kranzler - Sprott Money |
| Gold And Silver: Something Different Is Occurring - Dave Kranzler |
| JP Morgan, at least according to the daily Comex warehouse report,
added over half a million ozs of silver to its “historic” stash of
silver at the Comex:
TF Metals Report.
It would be even more interesting to see an actual independent
accounting of that specific metal which would track the serial numbers
on the bars to the legal owner of title.
I’ve been hedged in my mining stock portfolio since early September.
The signal for me to hedge is the reliable Comex bank “net short”
posiSaturday, November 11, 2017 |
|
| Andy Hoffman - Miles Franklin |
| Gold, Biker Wisdom and Dollar Devaluation |
| A common expression among bikers who love to ride is, “It’s not the destination, it’s the journey.” TS Elliott and others made similar statements nearly a century ago.
How Does This Apply to Gold and Dollar Devaluation?
Some adults understand:
Voltaire said over 200 years ago, “Paper money eventually returns to its intrinsic value – zero.”
The value of the U.S. dollar has declined from about 1/40 of an ounce of gold to its current level of about 1/1300 ounce of gold since 1971.
Because centralMonday, October 30, 2017 |
|
| 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 |
|
 | Mark O'Byrne - gold.ie |
| Every Citizen Should Own 3.5 Ounces of Gold Bullion – Central Bank |
| Central bank governor has “dream” for every citizen to own at least 100 grams of gold bullion
Governor of Central Bank of Kyrgyzstan said the central bank had sold around 140 kilos of gold bullion to the domestic population already
Central Asian country’s central bank continues to diversify into gold bullion
“Gold can be stored for a long time … doesn’t lose its value for the population as a means of savings”
“I’ll try to turn the dream into reality faster…”
The Governor of the Central bank oFriday, February 17, 2017 |
|
 | Mac Slavo - ShtfPlan |
| ‘White’ Philosophers Next Ban At College: “A Real Danger Of Political Correctness Out of Control” |
| “Rather ridiculous” … and ultimately quite dangerous.
Apparently, there is no end to the stupidity… especially at centers of higher learning.
In the quest for diversity, fair representation and perhaps payback, some racially-minded education reformers are now attempting to erase philosophers like Plato and Kant from the curriculum – because they are ‘white.’
Never mind that some of these minds are foundational to knowledge as we know it, or the direction of western society.
They are white.
via RMonday, January 9, 2017 |
|
| USA GOLD - USA Gold |
| John Embry – The Fundamental Attraction of Gold |
| 28-Sep (Sprott) — For investors who are both just beginning their foray into gold investment, and for those who have been long time proponents of gold, Sprott Senior Advisor John Embry breaks down the recent history of the U.S., highlighting the pressures that have brought fiat currency to the brink, U.S. debt liabilities to staggering heights, and gold back to the institutional investor’s crosshairs. It’s a must-hear, dispassionate and highly instructional speech for anyone seeking to fully undWednesday, September 28, 2016 |
|
| Egon von Greyerz - Matterhorn AM |
| Physical Gold and Silver vs Failing European Banks |
| It is no surprise that both commercial and central banks hate gold. Because gold reveals the total mismanagement of the economy and the deceitful actions that the bankers take. Once the paper gold market collapses, which is not far away, we will see the full extent of these malpractices which could easily be classified as fraudulent.
Paper money will soon be worth ZERO
It is not just central banks that print money. Commercial banks print many times more by leveraging their balance sheets up to 5Saturday, July 9, 2016 |
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| Egon von Greyerz - Matterhorn AM |
| A Bull - Fed On Paper Money |
| It seems that a bull fed on paper money has eternal life. Whatever the news is, stock markets worldwide react positively. It takes a long time to kill off a secular bull even if it has the wrong diet.
Central banks have no policy
This last week stock markets surged on the news more QE is likely from the ECB and also from China. But the news from the Fed was again another U-turn with potential rate hike in December. As I have stated many times, neither the Fed nor any other central bank has gMonday, November 9, 2015 |
|
| Egon von Greyerz - Matterhorn AM |
| How long can a bull, fed on paper money, survive |
|
It seems that a bull fed on paper money has eternal life. Whatever the news is, stock markets worldwide react positively. It takes a long time to kill off a secular bull even if it has the wrong diet.
Source Illustration by Karl Gelles USAToday
Central banks have no policy
This last week stock markets surged on the news more QE is likely from the ECB and also from China. But the news from the Fed was again another U-turn with potential rate hike in December. As I have staWednesday, November 4, 2015 |
|
| Egon von Greyerz - Matterhorn AM |
| Swiss Gold Referendum: A Unique Opportunity to Lead the World Back to a Sound Money Poli |
| On 30 November 2014 the Swiss People has the opportunity to determine not just the fate of their own financial system but also to be the catalyst for the return to sound money in the Western World.
The “Gold Initiative” referendum November 30, 2014
On November 30th the Swiss will vote on:
1. Returning their national gold which is held abroad back to Switzerland
2. Requiring the Swiss National Bank to hold 20% of their assets in physical gold
3. Prohibiting further gold sales
So why is thMonday, October 6, 2014 |
|
| Egon von Greyerz - Matterhorn AM |
 Will this save the Swiss financial system  |
| Will this save the Swiss financial system?
by Egon von Greyerz – October 2014
On 30 November 2014 the Swiss People has the opportunity to determine not just the fate of their own financial system but also to be the catalyst for the return to sound money in the Western World.
The “Gold Initiative” referendum November 30, 2014
On November 30th the Swiss will vote on:
Returning their national gold which is held abroad back to Switzerland
Requiring the Swiss National Bank to hold 20% of their asseFriday, October 3, 2014 |
|
 | Mish - Global Economic Analysis |
| Ukrainians Ordered to War, Women Burn the Military Writs |
| The war in Ukraine is going so well that soldiers are unpaid and men are ordered to serve whether they want to or not.
Hats off to a group of women who confront a Ukrainian soldier and burn military writs right in front of the soldier's face.
Writ Burning Video
Video link: Ukrainians Burn Writs
Transcript
Woman to Ukrainian soldier: Who are you?
Soldier: I am the head of the local recruiting center.
Woman: Why are you bringing military writs?
Soldier: It's an order from above. I can'Tuesday, July 29, 2014 |
|
 | Ty Andros - traderview |
 Useful Idiots and the Something For Nothing Society - Part 1 of 3 |
| This week's TedBits is as important a commentary as any I have ever written
in my 10+ years writing Austrian analysis of the unfolding world macroeconomics
and geopolitical situation. It covers the origins, causes and destinations
we are headed for, the participants, historical context and the future based
upon past episodes: Past, present and future so to speak. I hope you enjoy
it. Best wishes Ty.
Adam Smith in his seminal book, Wealth of Nations, outlined how all great
empires resFriday, July 25, 2014 |
|
| Dan Popescu - GoldBroker |
| Is Gold the Anti-Dollar " United States’ Role in the Gold Market |
| What role does the United States play in the gold market? The United States is, after the European Union, the largest holder of gold reserves, according to the International Monetary Fund (IMF). Besides China, Russia, India and the European Union, the United States is one of the most important players in the gold market. It is, in my opinion, the most anti-gold country of all the major five players. A whole generation of economists has been indoctrinated toTuesday, July 15, 2014 |
|
 | Chris Powell - GATA |
| Gold bugs and fiat currency advocates each have their own economic myths |
| Fiat currency advocates aren't the only ones who perpetuate myths about economics, like the desirability of central banking. Central banking works great in theory but in practice central banking is the power to create infinite money, which is absolute power, and of course it is never exercised by an impartial machine following infallible formulas; rather is it exercised by fallible people who are corrupted absolutely by absolute power.
Gold advocates have their own myths too, foremost of which iSunday, March 30, 2014 |
|
 | Doug Casey - Casey Research |
| Don Coxe: The End of Financial Heroin |
| For the past year, we have rarely written on gold, because there were too many other investment opportunities, and the good old S&P was just going up month after month. This was, for most equity investors, Voltaire’s “best of all possible worlds.” The economy was of Goldilockian temperature and moderation, politicians were behaving the way cynics expected and optimists despised, and the Fed was successfully injecting massive doses of “financial heroin” into the US—and global—economy without any signs of ill effects… or any remarkable enthusiasm for risk-taking.Thursday, February 27, 2014 |
|
 | Jesse - Le Cafe Américain |
| John Ralston Saul: Voltaire's Bastards |
| John Ralston Saul discusses the ideas put forward in his book Voltaire's Bastards and their application today.
He talks about the growth of oligopolies in the name of free markets, the pitfalls of the debt economy, and the problems with the way in which the West has responded to the financial crisis.Monday, December 2, 2013 |
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