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| The Disastrous History of Money - USA Gold |
The Nightmare German Inflation  |
| Monday, March 9, 2020 |
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| Valuation |
| Valuing Mining Stocks - In Defense Of Net Asset Value |
| While browsing the various fundamental evaluations of mining companies made by investors on internet message boards, I have consistently seen two valuation methodologies - the in situ method and the cash flow method - used frequently, while the traditional net asset value (NAV) method used by professionals is neglected or not used at all. The NAV method, I believe, is superior to the other two, and the following is a defense of this valuation technique.Saturday, March 7, 2020 |
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 | Antal E. Fekete - Gold University |
| Is Aggregate Debt Excessive |
| .Sunday, March 1, 2020 |
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 | Charleston Voice |
| Banker Gold Price Suppression Currency Manipulations Have Persisted for 50 years |
| This 1967 meeting of the FOMC nearly 46 years ago is clear and indisputable evidence of gold price suppression and currency manipulation of the world's "free" and "open" market exchanges.
This criminal cabal has certainly built up their mechanisms since this time to conceal their sinister scheme from issuing dishonest money. It's blatant now and all of "in your face" is their behavioral response to inquiry. Damn the torpedoes, full steam ahead.
If you find this too cumbersome to read, the FedThursday, February 27, 2020 |
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| Benjamin Constant |
| On the Liberty of the Ancients Compared with that of the Moderns |
| "He loved liberty as other men love power," was the judgment passed on Benjamin Constant by a 19th-century admirer.His great public concern, all throughout his adult life, was the attainment of a free society, especially for his adopted country, France; and if a (by no means uncritical) French commentator exaggeraSaturday, February 8, 2020 |
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 | Jesse - Le Cafe Américain |
| They Thought They Were Free |
| "You see," my colleague went on, "one doesn’t see exactly where or how to move. Believe me, this is true. Each act, each occasion, is worse than the last, but only a little worse. You wait for the next and the next. You wait for one great shocking occasion, thinking that others, when such a shock comes, will join with you in resisting somehow. You don’t want to act, or even talk, alone; you don’t want to ‘go out of your way to make trouble.’ Why not?—Well, you are not in the habit of doing it. AMonday, February 3, 2020 |
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 | Lysander Spooner |
Vices Are Not Crimes  |
| Vices are those acts by which a man harms himself or his property.
Crimes are those acts by which one man harms the person or property of another.
Vices are simply the errors which a man makes in his search after his own happiness. Unlike crimes, they imply no malice toward others, and no interference with their persons or property.
In vices, the very essence of crime — that is, the design to injure the person or property of another — is wanting.
It is a maxim of the law that there can be no crime without a criminal intent; that is, without the intent to invade the person or property of another. But no one ever practices a vice with any such criminal intent. He practices his vice for his own happiness solely, and not from any malice toward others.Monday, January 27, 2020 |
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 | Alasdair Macleod - Finance and Eco. |
| The origin of cycles |
| It was Karl Marx who was among the first believers that cyclical behaviour was endemic to free markets.He lived through a time when there was a regular cycle of boom and bust, with phases of economic expansion followed by contraction. Workers were employed and then unemployed, and the only way this could be stopped, in Marxian economics, was for the workers to acquire the means of production, or more correctly, the state to do so on their behalf.Other economists, such as Jevons and Wicksell, recFriday, January 24, 2020 |
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 | Mike Hewitt - Dollar Daze |
| The History of Money: Peru |
| Peru is the nineteenth largest country in the world and is a diverse land,
both in terms of people and geography. It is populated by over 29.2 million
peopl, largely descended from Spanish settlers, native
Inca, and pre-Inca cultures. Peru has three national languages: Spanish, Aymara,
and the native Quechua, reflecting the native Indian and Spanish roots that
cultivSunday, January 19, 2020 |
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 | Alan Leishman |
| Mineral Specimen Collecting: Silver and Gold |
| For the last 20 years, the author has been visiting mines, mineral fairs,
and mineral dealers to purchase and self collect minerals from over 40 countries
to date.
One of his guiding inspirations was Peter Bancroft's excellent book Gem
and Crystal Treasures which describes Bancroft's selection of the 100
localities for the worlds best mineral specimens.
This essay will describe some of the background and history of famous localities,
and the minerals found there.
It isSaturday, January 18, 2020 |
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| Mike Hewitt - Dollar Daze |
 America's Forgotten War Against the Central Banks |
| "Let me issue and control a nation's money supply, and I care not who makes
its laws." (Mayer Amschel Rothschild, Founder of Rothschild Banking Dynasty)
Many prominent Americans such as Benjamin Franklin, Thomas Jefferson, and
Andrew Jackson have argued and fought against the central banking polices used
throughout Europe.
A note issued by a central bank, such as the Federal Reserve Note, is bank
currency. These notes are given to the government in exchange for an interest-bearing
gSunday, January 5, 2020 |
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 | Eugen Von Böhm-Bawerk - Mises.org |
| Our Passive Trade Balance |
| Editor's Note: Published in January 1914 in Neue Frei Presse,"Our Passive Trade Balance" (“Unsere passive Handelsbilanz”) would prove to be Eugen von Böhm-Bawerk's last publication before his death. Ludwig von Mises mentions the article in an essay written after Böhm-Bawerk's death, but to our knowledge, this is the first time the essay has appeared in English. Nathan Keeble located a scan of the article posted by the Austrian National Archives. Translation by Kai Weiss.]As is well known, the tThursday, December 19, 2019 |
|
 | Frank Shostak |
| How Interest Rates Affect Time Preference — and Vice Versa |
| According to the writings of Carl Menger and Ludwig von Mises, the driving force of interest rate determination is individual’s time preferences. What is this all about?As a rule, people assign a higher valuation to present goods versus future goods. This means that present goods are valued at a premium to future goods.This stems from the fact that a lender or an investor gives up some benefits at present. Hence, the essence of the phenomenon of interest is the cost that a lender or an investorSunday, December 15, 2019 |
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 | Gordon Long - Market Analytics |
| China Potentially Threatens a Near Term Us Treasury Short Squeeze! |
| Problems in China are looming on top of an already very tenuous and misunderstood
situation in the US Financial Markets. Additionally, Federal Reserve Policy has
made the situation even more combustible!
As a result of a Trump Victory inspired bond market massacre there are now
few places that a yield starved world can presently find better risk-adjusted
yields than in US Treasuries. With China now being forced to sell their FX
Reserves and thereby creating the much needed supply so eSunday, December 15, 2019 |
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| Benjamin Constant |
| On the Liberty of the Ancients Compared with that of the Moderns |
|
He loved liberty as other men love power," was the judgment passed on Benjamin Constant by a 19th-century admirer.
His great public concern, all throughout his adult life, was the attainment of a free society, especially for his adopted country, France; and if a (by no means uncritical) French commentator exagThursday, November 28, 2019 |
|
 | Lew Rockwell |
| Why I Am an Anarcho-Capitalist |
| A great many people – more than ever, probably – describe themselves as supporters of the free market today, in spite of the unrelenting propaganda against it. And that’s great. Those statements of support, however, are followed by the inevitable but: but we need government to provide physical security and dispute resolution, the most critical services of all.
Almost without a thought, people who otherwise support the market want to assign to government the production of the most important goodsSunday, November 24, 2019 |
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| Frank Shostak |
| How Inflation and Unemployment Are Related |
| A fall in the US unemployment rate to 4.6% in November from 4.9% in the month before, and 5% in November last year, has prompted some commentators to suggest that we are almost at the so-called natural rate, which is believed to be at around 4.5%.It is held that once the unemployment rate falls below an "optimal" rate — called the Non-Accelerating Inflation Rate of Unemployment (NAIRU) — it sets off an inflationary spiral.
This acceleration in the rate of inflation takes place through inSunday, November 17, 2019 |
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 | Mike Maloney - Goldsilver |
| Common Gold Silver Pitfalls to Avoid |
| Investing in gold and silver may seem simple and straightforward, however it is not.
There are many types of ( quote, unquote ) "investments" in gold and silver you will want to avoid.
Gold and silver dealers are no different from any other industry or crowd of people.
Within our industry you will find many good honest professionals and organizations, but you will also find some bad outfits whose practices can be described as underhanded, even criminal.
Being the Managing Director ofSaturday, November 16, 2019 |
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| Frank Shostak |
| Inflation Is Not About Price Increases |
| There is almost complete unanimity among economists and various commentators that inflation is about general increases in the prices of goods and services. From this it is established that anything that contributes to price increases sets in motion inflation.A fall in unemployment or a rise in economic activity is seen as a potential inflationary trigger. Some other triggers, such as rises in commodity prices or workers’ wages, are also regarded as potential threats.If inflation is just a generaSaturday, November 16, 2019 |
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 | Frederic Bastiat |
| Raw Materials |
| It is said that the most advantageous of all branches of trade is that which supplies manufactured commodities in exchange for raw materials. For these raw materials are the aliment and support of national labor.
Hence the conclusion is drawn that the best law of customs is that which gives the greatest possible facility to the importation of raw materials, and which throws most obstacles in the way of importing finished goods.
There is no fallacy in political economy more widely disseminated thSaturday, October 12, 2019 |
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