Articles related to fixed
 
Lysander Spooner
  Gold and Silver as Standards of Value 
All the usurpation, and tyranny, and extortion, and robbery, and fraud, that are involved in the monopoly of money are practised, and attempted to be justified, under the pretence of maintaining the standard of value. This pretence is intrinsically a false one throughout. And the whole motive for it is to afford some color of justification for such a monopoly of money as will enable the few holders of gold and silver coins (or of such other money as may be specially licensed and substituted for them) to extort, in exchange for them, more of other men’s property than the coins (or their substitutes) are naturally and truly worth. That such is the fact, it is the purpose of this article to prove.
Friday, October 11, 2019
Jeff Clark - Casey Research
  What 10-Baggers (and 100-Baggers) Look Like 
Now that it appears clear the bottom is in for gold, it’s time to stop fretting about how low prices will drop and how long the correction will last—and start looking at how high they’ll go and when they’ll get there. When viewing the gold market from a historical perspective, one thing that’s clear is that the junior mining stocks tend to fluctuate between extreme boom and bust cycles. As a group, they’ll double in price, then crash by 75%... then double or triple or even quadruple again, onl
Friday, October 11, 2019
Charleston Voice
  Death Penalty for Debasing Currency: US Coinage Act of 1792 
As most of you know much of our current law was based on English case law. Hence, this was the Royal Mint's disposition of counterfeiters and forgers. Themethods employed for carrying out the death penalty are appropriate eventoday.: SOLOMON IDSWELL, Deception > forgery, 20th May 1795. Reference Number:t17950520-26 Offence: Deception >forgery Verdict: Guilty Punishment: Death Are Counterfeiting and Treason any less painful a crime upon the people today? We vote "Nay!" Hasn't our central government stolen real money by bank note deception and broken sworn promises ofredeemability from the American people and their foreign trading partners? And haven't our current leaders and appointees past and present lied knowingly to perpetuate thesecrimes ?Tothis,we vote "Yea!" onboth charges.
Wednesday, October 9, 2019
Antal E. Fekete - Gold University
The Supply of Oxen at the IMF
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Monday, October 7, 2019
Antal E. Fekete - Gold University
The New Austrian School of Economics 
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Thursday, October 3, 2019
Mark O'Byrne - gold.ie
What is the Gold Fix
What is the Gold Fix? To help facilitate trades on the London gold market, the price of gold is "fixed" twice each weekday. The Gold Fix is determined by a five member panel, known as The London Gold Market Fixing Ltd. The Gold Fix is used to help members of the London Bullion Market Association (LBMA) complete trades. The gold fix sets values in US dollars, British Pounds and Euros, and is used as a benchmark price by most of the world's markets for bullion and other gold derivatives. The Londo
Sunday, September 29, 2019
Antal E. Fekete - Gold University
The Hungarian Connection 
Gold is the most misunderstood metal in human history, because of the economists' failure to distinguish between its dynamic and static aspects in representing values. Economists have blithely assumed all along that the value of gold is the same whether it flows freely from one hand to the next, or whether the movement of gold is obstructed, in the worst case arrested, by the government (soon to be aped by banks and individuals
Wednesday, September 25, 2019
Charleston Voice
FOMC Minutes from 1967 Illuminating Central Bank Gold Price Suppression, Market Manipulations
The issue before us here is not so much the mechanics of deception, but the tenacity and conviction of the banking cartel to use any means to protect themselves.
Saturday, September 14, 2019
Antal E. Fekete - Gold University
Interest and Discount
According to Adam Smith “there are two different ways in which capital may be employed so as to yield a revenue…to its employer…: circulating capital… and fixed capital.” As a first approximation may we just say that one source of credit has to do with fixed capital and its scarcity is measured by the rate of interest, while the other has to do with circulating capital and its scarcity is measured by the discount rate. Both rates are a market phenomenon: the former is regulated by the bond market, and the latter by the bill market. The rate of interest varies inversely with the propensity to save, and the discount rate varies inversely with the propensity to consume. A common mistake is to assume that the two propensities are antithetical, that is, when people save more they must consume less, and vice versa. This simplistic view ignores the propensity to hoard. In monetary
Monday, September 2, 2019
Wolf Richter
Negative Yields Not Required: Even “Low” Interest Rates Screw Up the Economy
How to make a mess in the era of low demand. This is the transcript from my podcast last Sunday, THE WOLF STREET REPORT: Now the plot thickens: I’ve got a former Secretary of the Treasury backing me up. We’ve already seen, including in my last podcast, how negative interest rates screw up the economy. Negative interest rates are so absurd that just thinking about them gives me a headache. In the era of negative interest rates, owning financial assets such as government bonds, or savings in the b
Thursday, August 29, 2019
Bron Suchecki - Perth Mint
Understanding Open Interest
Techniques for analysing and trading equities, looking at price and volume, can be applied to precious metal futures markets. Futures, however, introduce another data point – open interest – that has to be considered. With equities, the quantity of shares on issue is generally fixed and rarely changes. Therefore all buying is done from sellers who hold the shares. With futures, the amount of contracts “on issue” or “open” changes daily, as a future is a contract to trade metal in the future and
Tuesday, August 13, 2019
History of Silver
  August 8, 1893 : The Repeal of the Silver Act 
President Cleveland Message on the Repeal of the Sherman Silver Purchase Act (August 8, 1893) The existence of an alarming and extraordinary business situation, involving the welfare and prosperity of all our people, has constrained me to call together in extra session the people's representatives in Congress, to the end that through a wise and patriotic exercise of the legislative duty, with which they solely are charged, present evils may be mitigated and dangers threatening the future may be averted.
Thursday, August 8, 2019
Charleston Voice
Commodity Prices in US Dollars 1831-1881, Gold @US$20.67 
All prices for all commodities were remarkably stable during this period in which gold was fixed at US$20.67 per ounce by the US Treasury from the time of our country's founding. Gold remained at that price until Congress surrendered its authority to the Federal Reserve in 1913. So, an ounce of gold would have exchanged for 20 silver dollars. This means of commerce would have been accurately termed a "Gold Coin Exchange Standard", and NOT a "gold standard", as the money was in the hands of the p
Thursday, July 25, 2019
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.
Saturday, July 13, 2019
Frank Shostak
Is Money Created by Government Decree
According to popular view people accept money because of a government decree.1 A government decree it is argued makes a particular thing accepted as a general medium of exchange. But, does it make sense?Demand for a good arises from its perceived benefit. For instance, people demand food because of the nourishment it offers them. It is different with money people demand it not for direct use in consumption but in order to exchange it for other goods and services.Money is not useful in itself, bu
Thursday, July 4, 2019
Nathan Lewis - New World Economics
Blame Gold
We have been talking about The Midas Paradox (2015), by Scott Sumner. July 23, 2017: The Midas Paradox (2015), by Scott Sumner. As you probably guessed from the three-word title, the book can be summarized in two words, which are: “blame gold.” This, as we have seen, is actually a relatively new notion, even if it enjoys some popularity today. The general consensus, which later (after 1950) became the Keynesian consensus, did not blame gold, or indeed, monetary policy in general, for the Great D
Wednesday, July 3, 2019
Julian D. W. Phillips - Gold Forecaster
Manipulation /Management : Controlling the Gold Price
There is much talk of price management/manipulation in almost all markets. These charges are met with denial, silence and scorn. There are several aspects of markets that can give the opportunity to manage/manipulate prices. Often we think of market manipulation solely in terms of heavy buyers and/or sellers overwhelming the markets.
Sunday, June 30, 2019
Mish - Global Economic Analysis
  How Much Gold Should Someone Own Where and How To Own It 
Periodically I receive questions on gold ownership. How much should one own, and where? Let's start with the first question: How Much Gold Should Someone Own? There is no fixed answer, but rather a general methodology that I like: Do not invest outside your comfort zone. Think in terms of percentages, not fixed amounts. For some, 10% is too much, for others 30% is too little. Some do not trust anything else and are willing to hold a huge percentage of their assets in gold  If a 30% decline
Sunday, June 23, 2019
FOFOA - FoFOA
Fiat 33 
"Sir, I would say, "Old World Order" to return. To understand/explain better: A very easy way to view this "order", would be to simply say that the American Experience is reaching the end! As we know, world war two left Europe and the world economy destroyed. Many thinkers of that period thought that the world was about to enter a decades long depression as it worked to rebuild real assets lost in the conflict. It was this war that so impacted the idea of looking positively toward the fu
Friday, June 21, 2019
Frank Shostak
  Why Wage Growth Is So Weak
The yearly growth rate of average hourly earnings in production and non-supervisory employment in the private sector eased to 2.3% in June from 2.4% in May.Many experts are puzzled by the subdued increase in workers earnings. After all, it is held the US economy has been in an expansionary phase for quite some time now. Softer real output growth important reason why hourly earnings remain under pressureAccording to the US Government’s own data, since 2000, in terms of industrial producti
Wednesday, June 19, 2019
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