Articles related to Work
 
John Butler - Goldmoney
Financial crisis dynamics, the ‘shadow’ gold demand, and Mene
The study of financial crises is as old as the economics discipline itself. One of the most prominent theorists of financial crises ever to hold a senior Federal Reserve policy position was John Exter, vice-president of the New York Federal Reserve during the 1950s. Several years ago I co-wrote a series of essays on Exter’s theories together with his sonin- law, Barry Downs. In this paper, building on Exter’s work, including his eponymous ‘pyramid’, I introduce a new ‘hourglass’ framework for un
Thursday, November 14, 2019
Robert P. Murphy
The Gold Standard Did not Cause the Great Depression
Quarterly Journal of Austrian Economics 19, no. 1 (Spring 2016): 101–111[The Midas Paradox: Financial Markets, Government Policy Shocks, and the Great Depression by Scott Sumner]The Midas Paradox is an impressive piece of scholarship, representing the magnum opus of economist Scott Sumner. What makes the book so unique is Sumner’s use of real-time financial data and press accounts in order to explain not just broad issues—such as, “What caused the Great Depression?”—but to offer commentary on th
Tuesday, November 12, 2019
Jesse - Le Cafe Américain
The Crash of 1929 -
"...people believed that everything was going to be great always, always. There was a feeling of optimism in the air that you cannot even describe today." "There was great hope. America came out of World War I with the economy intact. We were the only strong country in the world. The dollar was king. We had a very popular president in the middle of the decade, Calvin Coolidge, and an even more popular one elected in 1928, Herbert Hoover. So things looked pretty good." "The economy was changing
Tuesday, October 29, 2019
Nathan Lewis - New World Economics
God, Gold and Guns
We’ve been looking into One Nation Under Gold (2017), by James Ledbetter. October 2, 2017: One Nation Under Gold (2017), by James Ledbetter October 14, 2017: One Nation Under Gold #2: The Silliness of the Bretton Woods Years Now, we will follow Ledbetter’s account of the end of Bretton Woods in 1971, up to the present. The account of the 1971 devaluation was, following the pattern of this book, long on details but short on insight. It seemed to people at the time that they “had no choice,” that
Thursday, October 24, 2019
Mac Slavo - ShtfPlan
New Survey Shows Just How Hard It Is To Make Ends Meet: ‘Half Of People Need Credit Cards Just To Make It To Their Next Payday’
A new survey was done in the United Kingdom and it shows just how hard it is for young people to survive paycheck to paycheck. Almost half of those surveyed admitted to needing credit to make ends meet until they get paid again. More than half of young women have to borrow to make their funds last to the end of the month, highlighting the impact of stagnating wages, insecure work, and rising prices like taxation on millennials. A survey of 4,000 people aged 18-30 shows that 51% of young women an
Sunday, September 8, 2019
The Gold Report
Gold Explorer Finishes Surface Work, Starts Drilling at Abitibi Project
The focus of both programs is a single zone at the gold property. Gatling Exploration Inc. (GTR:TSX.V; GATGF:OTCMKTS) reported in a news release the findings from its surface exploration work at the Kir Vit zone of the Larder gold project in Ontario's Abitibi belt. The company determined the presence of high-grade gold at surface, specifically 7 grams per ton gold and 6.7 grams per ton gold. It also confirmed Kir Vit's geology, that it features both "i
Thursday, August 29, 2019
Jeff Clark - Goldsilver
What the Upcoming Wealth Transfer Will Look Like
With gold up 26% year-to-date and silver up 41%, and stock and bond markets looking increasingly precarious, it’s time to start thinking about the upcoming wealth transfer. If Mike is right about what’s ahead for gold and silver, we’ll soon be part of a life-changing shift. Have you thought about how the wealth transfer might affect you? Not like this you haven’t…You grab a calculator for the third time that day, multiplying your gold and silver ounces by the price of each… the total staggers yo
Monday, August 26, 2019
Mac Slavo - ShtfPlan
The Gulag of the Mind
 Befuddled and blind, we wander toward the cliff without even seeing it, focusing on our little screens of entertainment and self-absorption. There are no physical barriers in the Gulag of the Mind–we imprison ourselves and love our servitude. Indeed, we fear the world outside our internalized gulag, because we’ve absorbed the narrative that the gulag is secure and permanent. We’ve also absorbed the understanding t
Monday, August 12, 2019
Jordan Roy Byrne - The Daily Gold
5 Things I Look for in Exploration Companies
Three months ago (April) we covered the reasons we primarily invest in junior exploration companies. We promised to follow up with some criteria we follow in attempting to pick winners. Here are five things we look for when evaluating and selecting junior exploration companies. Management has a track record and experience.
Sunday, June 30, 2019
Gold - The Daily Gold
5 Things I Look for in Exploration Companies

Friday, June 28, 2019
Peter McKenzie-Brown - Language Instinct
The Immutable Laws of Nature, and Murphy's other 15 Laws
THE IMMUTABLE LAWS OF NATURE.... Law of Mechanical Repair After your hands become coated with grease, your nose will begin to itch and you'll have to pee. Law of GravityAny tool, nut, bolt, screw, when dropped, will roll to the least accessible place. Law of Probability The probability of being watched is directly proportional to the stupidity of your act. Law of Random NumbersIf you dial a wrong number, you never get a busy signal; someone always answers. Law of Variable Motion If you ch
Tuesday, June 18, 2019
Nathan Lewis - New World Economics
The View From 2011
Today, we will continue our discussion of the “gold sterilization” of 1937. June 18, 2017: The “Gold Sterilization” of 1937 June 25, 2017: The “Gold Sterilization” of 1937 #2: Fumbling and Bumbling We will look at an influential 2011 paper by Douglas Irwin, available here: http://www.nber.org/papers/w17595.pdf All in all, I think the paper is pretty good, at least in its basic descriptions. It meanders into the usual channels of pointless Monetarism, with some equally pointless math, but it does
Tuesday, June 11, 2019
Mike Hewitt - Dollar Daze
Should Self-Sufficient Countries Trade
Countries that are self-sufficient have enough resources to meet the demands of their citizens. Such countries do not need to trade, but there is advantage to be gained by trading. These benefits are three-fold: reduced prices, a tradable surplus, and/or reduced work hours for their citizens. I will illustrate this principle using two commodities - spice and coal - from two hypothetical countries: Zamunda and Elbonia. For this illustration we need to agree on the following assumption:
Tuesday, May 21, 2019
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
Sunday, May 5, 2019
Steve Saville - Speculative Investor
Why bad economic theories remain popular
Ludwig von Mises and Friedrich Hayek, the most prominent “Austrian” economists of the time, anticipated the 1929 stock market crash and correctly predicted the dire consequences of government attempts to artificially stimulate economic growth in the aftermath of the crash. John Maynard Keynes, on the other hand, was totally blindsided by the stock market crash and the economic disaster of the early 1930s. And yet, Keynes’s theories gained enormous popularity during the 1930s whereas the work of
Sunday, April 28, 2019
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
Saturday, April 13, 2019
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
Saturday, March 2, 2019
Mac Slavo - ShtfPlan
Rats, Public Defecation And Open Drug Use: Our Major Western Cities Are Becoming Uninhabitable Hellholes
 Almost everyone that goes out to visit one of our major cities on the west coast has a similar reaction. Those that must live among the escalating decay are often numb to it, but most of those that are just in town for a visit are absolutely shocked by all of the trash, human defecation, crime and public drug use that they encounter. Once upon a time, our beautiful western cities were the envy of the rest of th
Friday, February 15, 2019
Jordan Roy Byrne - The Daily Gold
Key Support Levels for Gold Miners Gold Juniors
Gold stocks have to do more to confirm they are in a new bull market.Sure, they’ve surged above key moving average resistance and breadth has improved.However, the gold stocks have not yet broken the pattern of lower highs and breadth, while improved, is not at bull market levels yet. Let’s review where things currently stand.In recent weeks GDX and GDXJ surged above the critical 400-day moving average which has been an excellent indicator of the primary trend datin
Wednesday, February 13, 2019
Mac Slavo - ShtfPlan
Apocalyptic Sounds In The Sky: No Explanation For ‘Mystery Booms’ And ‘Mysterious Flashes Of Light’ All Across America
 For weeks, Americans all over the country have been rattled by extremely loud booming sounds that seem to have no explanation, and they are often accompanied by “mysterious flashes of light”. These strange booms are shaking homes and rattling windows, and some witnesses say that they sound like cannons being fired. And even though the “mystery booms” and accompanying flashes of light have been captured on camer
Tuesday, February 12, 2019
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