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| RATIOS & INDEXES |
| Gold / Silver | 60.96 |
| Gold / Oil | 14.32 |
| Dowjones / Gold | 11.05 |
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 | History of Gold and From the Archive |  |
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 | Mike Hewitt - Dollar Daze |
 How Rare is Gold? |
| The best estimates available suggest that the total volume of gold mined over history is approximately 155,500 tonnes, of which around 64% has been mined since 1950. More than 90% of the world's gold has been produced since 1848Wednesday, May 15, 2013 |
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| Mike Hewitt - Dollar Daze |
| America's Forgotten War Against the Central Banks |
| In order to pay debts incurred from the Seven Years War with France, King George III of England sought to heavily tax the colonies in America. In 1742, the British Resumption Act required that taxes and other debts be paid in gold.Friday, May 10, 2013 |
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 | George F. Smith - Barbarous Relic |
| Wildcat Inflation Fighters |
| Summary: Though banking and government have had a corrupt relationship throughout history, the Suffolk Bank and Independent Treasury System, both of which were prominent during the “wildcat banking” era of the 19th Century, represent significant efforts at reform.
In his 1994 book,Money Mischief: Episodes in Monetary History, Milton Friedman, never a champion of a gold commodity monetary system in spite of hisdisillusionment with fiat money regimes late in life, tells us that:
Throughout recorded history .Thursday, May 16, 2013 |
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 | Panics, Manias and Crashes - Scholarship Ed |
| May 9, 1873 : The Panic of 1873 |
| The panic of 1873 fits somewhat uneasily into a discussion on crashes in the American stock market. In the first place, the panic was international, as many others including those of 1890, 1929 and 1987, have beenThursday, May 09, 2013 |
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 | Hyperinflation Watch - Mises.org |
 Fiat Money Inflation in France (How it came, how it ended) |
| EARLY in the year 1789 the French nation found itself
in deep financial embarrassment: there was a heavy
debt and a serious deficit.
The vast reforms of that period, though a lasting blessing
politically, were a temporary evil financially. There
was a general want of confidence in business circles; capital had shownThursday, May 09, 2013 |
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| George F. Smith - Barbarous Relic |
  Who paid for the Civil War ?  |
| When war broke out in 1861, the federal government was without its own money machine, though that would soon change. As expenses from the war mounted, the U.S. government once again issued Treasury Notes to help finance it. The Act of July 17, 1861 authorized Secretary of the Treasury Salmon P. Chase to issue notes at 7.Monday, May 20, 2013 |
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 | Alan Leishman |
 Fiat Money – Eastern Europe |
| Most commentators on how Fiat money always reverts to its intrinsic value, (i.e. approaching the value of the paper it is printed on, or near zero), quote the german Papiermark, (observe the pictured 5 trillion bank note in this link) as a classic example of this phenomenon.Tuesday, May 14, 2013 |
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| Michael E. Kreca |
| May 8, 1945 : Who Really Won World War II ? |
| Treason doth never prosper: what’s the reason?
Why, if it prosper, none dare call it treason.
~ Sir John Harrington (1561–1612)
War is the health of the State.
~ Randolph Bourne (1886–1918)Wednesday, May 08, 2013 |
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