Articles related to irredeemable debt
 
Antal E. Fekete - Gold University
  “Gold Is Pale Because It Has So Many Thieves Plotting Against It” 
* The title is a quotation from Diogenes Laertius (fl. 2nd century A.D.) This was the favorite quotation of the late Chicago economist and gold expert Melchior Palyi.
Tuesday, December 22, 2020
Antal E. Fekete - Gold University
Gotterdammerung
Wagner's opera Gotterdämmerung is about the twighlight of pagan gods. The most powerful of the latter-day pagan gods that has been guiding the destinies of humanity for the past two-score of years is Irredeemable Debt. Before August 14, 1971, debts were obligations, and the word "bond" was to mean literally what it said: the opposite of freedom. The privilege of issuing debt had a countervailing responsibility: that of repayment.
Friday, September 18, 2020
Antal E. Fekete - Gold University
Remobilize Gold To Save The World Economy!
Let me explain. Gold is the only ultimate extinguisher of debt. Other extinguishers do, of course, exist but they are not ultimate in that they have a counterpart in the liability column of the balance sheet of someone else. Gold has no such liability attached to it. Gold is where the buck stops. It is this property
Tuesday, May 5, 2020
David Jensen
Moving to the Post LBMA-Era Gold Price Reset - Watch Out
If one were to describe, in a word, the singular quality of gold that gives it value both as money and a wealth preservation asset, that quality is integrity. Physical gold cannot be printed, it cannot be conjured by a central bank or government official, it cannot be credited into existence by a bank. And over a period of four thousand years, the markets have selected gold and silver as money. The replacement of gold and silver sound money with unstable debt-based fiat paper currenc
Monday, April 11, 2016
Dan Popescu - GoldBroker
Gold and Central Banks – A Love-Hate Relationship
If gold is a relic of the past then why are central banks holding so much gold? Central banks hold, if we believe official statistics, around 20% of the global gold stock. Before the gold suppressing efforts began, they were holding 70%. Since the financial crisis of 2008, they have started to buy gold again. However, if we look at a chart of gold acquisitions by developing countries, they have started buying gold just after the Asian currency crisis in 1987. It seems that all the gold sold by d
Tuesday, January 6, 2015
Charleston Voice
Searching for Nazi Gold: No Interest or Research for Nearly Forty Years!: Gov Report 
We do not have the resources, skills, or time to dig into the missing gold from WWII. But, we are seeing a cultivated distraction to divert public interest from the factual disposition of the captured German gold to the non-monetary Holocaust gold in Swiss banks. To our knowledge the signatory documentation has never been seen by the public - - only government claims that "most of the gold has been restituted".
Tuesday, November 6, 2012
keith weiner
Videos of my lecture "Irredeemable Currency vs. Gold"
I gave this talk at the Chicago Objectivist Society MiniCon Sep 4, 2011.Here is the full set of 9 videos on youtube for my presentation plus Q&A at the end, posted on this site to archive the links. lrredeemable currency vs gold - 1_9 introduction.wmv lrredeemable currency vs gold - 2_9 the origin of money.
Monday, November 7, 2011
keith weiner
Why Can't We All Just Net Along
Zero Hedge posted an article that asks an interesting question.Every European country owes money to other European countries.This creates a web of cross-linked debt.Instead of each country laboring under the full nominal amount, why don’t they just cooperate and cancel out everything but the net debt? This remainder would be very manageable for every country.
Saturday, October 15, 2011
keith weiner
The Standard Poor Downgrade of Uncle Sam
By now, everyone knows that S&P downgraded the debt of the USA from their top rating, AAA, to their second-highest grade, AA+.Most of the commentary has been of the pin-the-blame-on-the-donkey variety.For all most people know, this is the collapse of the currency and the financial system and their biggest concern is that Obama not win the 2012 election.
Monday, August 8, 2011
Kirsty Hogg - Gold Wars
Antal Fekete Explains Why We Need to Go Back Onto a Gold Standard
Another essay, by my friend, Antal Fekete. Please take time to read the footnote at the bottom of the essay. There is still a lot of resistance to Austrian economic thinking in mainstream educational institutions (specializing in the history of economics?) Shame! May 5, 2011 SOURCES AND REMEDIES OF FINANCIAL INSTABILITY* Gold Bond: Life-Saver for the U.
Thursday, May 19, 2011
Antal E. Fekete - Gold University
Sources and Remedies of Financial Instability 
The financial instability that first surfaced with full force in 2008 is the result of a deteriorating condition in world finance going back 40 years. Worse still, that deterioration is continuing and threatens with an historically unprecedented world-wide credit collapse. The watershed year was 1971.
Wednesday, May 18, 2011
Gold - Gold University
Sources and Remedies of Financial Instability

Tuesday, May 17, 2011
Gold university - Gold University
Sources and Remedies of Financial Instability

Tuesday, May 17, 2011
Kirsty Hogg - Gold Wars
The Introduction to the Book Gold Wars by Ferdinand Lips was written by Antal E. Feteke
As you may know, my blog is named after a book called "Gold Wars" written by Ferdinand Lips. The entire book is available on free PDF download if you clickhere.ProfessorAntal E.Fekete emailed me just now to express how very proud he was to be asked by F. Lips to write the introduction. It is a beautifully written prelude and I have published it below for your reading pleasure.
Thursday, March 31, 2011
Deepcaster
Overcoming Profit Pitfalls Fed Perfidy

Saturday, July 25, 2009
Eric de Carbonnel - Market Skeptics
A Look at Central Bank Gold Reserves

Sunday, February 15, 2009
Gold - Market Skeptics
A Look at Central Bank Gold Reserves

Sunday, February 15, 2009
Silver - Silveraxis
Cut Off Your Tail to Save My Face

Thursday, September 4, 2008
Tom Szabo - Silveraxis
Cut Off Your Tail to Save My Face

Thursday, September 4, 2008