Articles related to Paper money
 
Mark O'Byrne - gold.ie
A beginner's guide to investing in Gold 
One’s motivation for buying gold is fundamental to deciding in which form you should buy it. Are you a speculator, investor or saver? Do you wish to take a short term speculative position in gold? Are you investing for the short, medium or long term? Or are you diversifying, saving or using gold as a form of financial insurance?
Wednesday, March 3, 2021
David Morgan - Silver Investor
  Correcting Antal Fekete's Historical Silver Errors 
In "The Double Whammy of Geopolitical Gold Games reposted in February 2013 (from January 31, 2008) by Antal Fekete he stated some errors of fact! Marco Polo, guide us on this excursion to China! Bruce Lee, help our reflexes to be as fast as yours! May we not be slap happy like Jackie Chan! Wo Fat, do not mislead us! Antal mentioned China's silver money system going back to the 16th century, then stated" "CHINA'S EXTERNAL TRADE WAS INSIGNIFIC
Wednesday, February 24, 2021
Frank Shostak
Why We Now Measure Gold in Dollars — and Not the Other Way Around
Prior to 1933, the name "dollar" was used to refer to a unit of gold that had a weight of 23.22 grains. Since there are 480 grains in one ounce, this means that the name dollar also stood for 0.048 ounce of gold. This in turn, means that one ounce of gold referred to $20.67.Observe that $20.67 is not the price of one ounce of gold in terms of dollars as popular thinking has it, for there is no such entity as a dollar. Dollar is just a name for 0.048 ounce of gold. On this Rothbard wrote,No one p
Wednesday, February 10, 2021
Antal E. Fekete - Gold University
  Silver and Opium 
From the mid-17th century more than 9 billion Troy ounces or 290 thousand metric tons of silver was absorbed by China from European countries in exchange for Chinese goods. The British introduced opium along with tobacco as an export item to China
Saturday, February 6, 2021
Nathan Lewis - New World Economics
Gold Standard Technical Operating Discussions 2: More Variations
Last week, we were talking about some of the technical issues of operating a gold standard system.There are actually quite a few different ways you can do things. January 8, 2012: Some Gold Standand Technical Operating Discussions We looked at a few options: one was a standard currency board with another currency.
Sunday, January 24, 2021
Hugo Salinas Price
Thoughts on gold and humanity 
The supply of gold is largely misunderstood. According to MSM, gold supply is what is mined every year and brought to market – about 2,500 tonnes. This is a big mistake. The supply of gold is calculated at about 170,000 tonnes, made up of virtually all the gold ever mined since mankind took notice of its existence as shiny yellow pebbles in sand “placers” in riverbeds. Every ounce –every gram - of this supply is owned by someone, either a person or an institution. This brings up another point,
Sunday, January 10, 2021
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 g
Tuesday, January 5, 2021
George F. Smith - Barbarous Relic
  Fielding my grandson’s questions about gold and banking
My grandson had quite a day at school.He had learned that the economy had been suffering from things called Panics, capital P, during the 19th century and had another big one in the early 20th century.He had been told that responsible, public-spirited men like J. P. Morgan had organized a central bank to prevent those Panics.He and other bankers finally got the government to go along with their idea and pass it into law in late 1913.And wouldn’t you know it — we’ve had no more Panics since then.
Thursday, December 24, 2020
Alasdair Macleod - FinanceandEconomics
  Why gold is better than cash 
The question most often asked of gold bulls is, “At what price will you take your profits?” It is a question that betrays a lack of understanding about why anyone should own gold. Nevertheless, the simple answer must be, “When paper money stops losing its value”. This response should alert anyone who asks this question to the idea that owning fiat cash is the speculative position, not ownership of precious metals.
Saturday, November 28, 2020
Thorsten Polleit
November 15, 1923: The End of German Hyperinflation 
On 15 November 1923 decisive steps were taken to end the nightmare of hyperinflation in the Weimar Republic: TheReichsbank, the German central bank, stopped monetizing government debt, and a new means of exchange, theRentenmark, was issued next to thePapermark (in German:Papiermark). These measures succeeded in halting hyperinflation, but the purchasing power of thePapermark was completely ruined.
Sunday, November 22, 2020
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 genera
Monday, November 16, 2020
Hugo Salinas Price - Plata.com.mx
  On the use of gold coins as money 
Why don’t humans use gold coins as Money ? The answer is quite simple : because they don’t want to, under present circumstances. The attachment of humans to gold is remarkable; I suspect there is something metaphysical about gold that attracts human beings. Perhaps gold is part of the natural order of things, part of the Rerum Natura, and the relationship of humans to gold is “built-in”into human nature, like sexual attraction.
Friday, November 6, 2020
Gold coins - Goldmoney
Gold coins: The Mexican Libertad
Mexico´s Libertad (Freedom) has been minted by the Mexican Mint “Casa de Moneda de Mexico” since 1981. After the South African Krugerrand and the Canadian Maple Leaf, the Mexican Libertad was the third modern bullion coin on sale at world markets. The gold coin, which is also known as “Onza”, is now one of the world’s top-selling coins. From 1981 to 1991 the Libertad had a purity of 90% (.900). As of 1991 the Mexican Mint increased the purity to 99.9 percent (.999).
Saturday, October 24, 2020
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.
Sunday, October 11, 2020
Antal E. Fekete - Gold University
  The Supply of Oxen at the IMF
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Wednesday, October 7, 2020
Nathan Lewis - New World Economics
  Gold Is 'Money' Because It Is Plentiful, Not Because It Is Scarce 
Gold, and its brother silver, have always been the basis of money, back to the beginnings of “money,” in the late fourth millennium B.C. Already by 2000 B.C., gold and silver had been “money” for over a thousand years–the entire history of “civilization” on this planet. Gold was still the basis of money in the 1960s, in an unbroken line stretching back to the beginnings of history. One somewhat counterintuitive requirement for “money” is that it does not have a utilitarian purpose; at least, no
Friday, October 2, 2020
Alasdair Macleod - Finance and Eco.
The fiat money quantity (FMQ) 
Summary : This paper seeks to establish a measure of currency quantity that helps economists identify and estimate the risk that confidence in fiat currencies might be significantly eroded or even vanish altogether. It is this phenomenon that was referred to in the great European currency inflations of the 1920s as Katastrophenhausse, or a crack-up boom, when ordinary people lose all confidence in a fiat currency, disposing of it as rapidly as possible instead preferring ownership of goods.This is
Thursday, September 17, 2020
Gold university - Antal E. Fekete
The Gold Demonetization Hoax

Saturday, September 5, 2020
Dan Popescu - GoldBroker
  Above-ground Gold Stock - How Much Is There and Why Does it Matter 
To understand the price of gold, the relevant supply is the total supply, not the new supply coming to market during the last year, week or month. The supply of gold consists of all of the supply that exists, and the relevant demand is the total demand, not the new demand coming to market during any year. For gold, there is always a large stockpile, and it never gets smaller. The vast majority of all the gold mined throughout human history still exists and is held either in bars, coins, or jewel
Tuesday, September 1, 2020
Nick Barisheff - BMSINC
  August 15, 1971: Inflation Unleashed 
The general public, the media and most financial observers were largely unaware of the momentous event that took place on August 15, 1971. However, the implications of that event have had an enormous impact on global financial conditions ever since. On that date, US President Richard Nixon “closed the gold window”. In essence, this meant the US would no longer honour the Bretton Woods Agreement of 1944, which
Saturday, August 15, 2020
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