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 | Antal E. Fekete - Gold University |
| Whither Gold |
| The year 1971 was a milestone in the history of money and credit. Previously, in theworld's most developed countries, money (and hence credit) was tied to a positive value:the value of a well-defined quantity of a good of well-defined quality. In 1971 this tiewas cut. Ever since, money has been tied not to positive but to negative values – the value of debt instruments.Tuesday, March 2, 2021 |
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| Antal E. Fekete - Gold University |
| The Invention Of Discounting |
| Sunday, August 23, 2020 |
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| Antal E. Fekete - Gold University |
 The Second Greatest Story Ever Told  |
| Fable has it that paper currency came into being as warehouse receipts issued by the goldsmith against gold left on deposit for safe-keeping. The owners found that they could make purchases with these warehouse receipts as easily as with gold coins. Then the goldsmith went on lending out at interest his fictitious warehouse receipts. According to this fable, the fraudulent business of the goldsmith in issuing warehouse receipts against non-existent gold was the embryonic form of the fractional-reserve banking of today.Sunday, August 2, 2020 |
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| Antal E. Fekete - Gold University |
| Credit Unions |
| Thursday, July 30, 2020 |
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| Antal E. Fekete - Gold University |
| The Two Sources Of Credit |
| Thursday, July 23, 2020 |
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 | Charleston Voice |
 Global Times - Hard lessons from China's silver standard |
| History will repeat, but this time around America will not be able to coin silver Trade Dollars to conduct trade with Asia. Oops. Oh, where O where did my empire go?
Source: Caijing.com.cn
[08:30 July 15 2009]
Chinese macroeconomic historian Ray Huang used to say the Qing Dynasty never understood monetary and fiscal policy, and therefore was unable to compete against the West. In those days, monetary policy in China was essentially tied to silver, the national money standard since tWednesday, June 10, 2020 |
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 | Mickey Fulp - Mercenary Geologist |
| Gold, Silver, and the US Dollar: 1792-1971 |
| In today's musing, I review the history of gold, silver, and fiat currency as money in the United States of America. I document how various wars, panics and depressions, Congressional acts, and executive orders have affected the US dollar prices of precious metals and resulting gold-silver ratios.This musing covers the period from 1792 when the United States government first established a national currency backed by gold and silver untilMonday, April 6, 2020 |
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 | Nathan Lewis - New World Economics |
 The Silver:Gold Ratio, 1687-2011  |
| We have something special this week: the open market value of
silver, compared to gold, over a period of over three centuries. The
location is London.
For a long time, silver and gold were, in a sense, two versions of
the same thing, just like one dollar bills and twenty dollar bills
are today. Their ratio of value was not perfectly stable, like the
20:1 ratio of $1 bills and $20 bills, but it was quite stable
between about 16:1 and 15:1. Both silver and gold serFriday, March 27, 2020 |
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| Nathan Lewis - New World Economics |
| Rising Powers, Global Money and the Age of Empire (2010), by Steven Bryan |
| You can tell from the title of this book alone that I would be interested in it. There aren’t very many books out there on the Classical Gold Standard era of the latter Nineteenth Century. Indeed, I would say that Giulio Gallarotti’s book The Anatomy of an International Monetary Regime: the Classical Gold Standard, 1880-1914 (1995) is about the only one I could name. There are other books, but they are collections of papers. I like Gallarotti’s book a lot — he demolishes all kinds of common miscFriday, December 15, 2017 |
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 | John Butler - Goldmoney |
| The Golden Revolution, Revisited: Introduction to Part II |
| This Insight is the eight in the serial publication of the new, Revisited edition of my book, The Golden Revolution (John Wiley and Sons, 2012). (The first instalment can be found here.) The book is being published by Goldmoney and will also appear as a special series of Goldmoney Insights over the coming months. This instalment comprises the Introduction to Section II.Part II: Why the Days of the Fiat Dollar are Numbered“[T]hree-hundred and seventy-one grains of four sixteenth parts of pure, orSunday, July 16, 2017 |
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 | Dan Popescu - GoldBroker |
| Gold and Silver Correlation |
| We can’t compare gold and silver without first looking at the chart below of above-ground stock of gold versus the visible gold market. Remember also that almost all of this gold above ground is in the purest form and ready at very low cost to come to market. This stock of gold is called reservation demand. Reservation demand is a demand that is expressed by holding onto something that you own. People who hold gold are demanding it by holding it off the market. Gold, unlike many other commoditieWednesday, August 3, 2016 |
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 | Przemyslaw Radomski CFA - SunshineProfits |
| Is Gold-to-Silver Ratio Too High |
| The gold-to-silver-ratio is an indicator that shows how many silver ounces are required to purchase an ounce of gold. The gold-to-silver ratio is one of the most important parameters in the precious metals market, as it measures the relative value of gold and silver. Therefore, it is a useful tool indicating whether gold or silver is undervalued or overvalued relative to each other. Investors can use the ratio as a timing indicator deciding when to buy gold or silver, or which metal to buy at anTuesday, June 14, 2016 |
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 | FOFOA - FoFOA |
| Seven! |
| Seven is supposedly a special number. Seven days in the week, seven colors of the rainbow, seven notes of the musical scale, Seven Wonders of the World, seven dwarves, 007, 7-11 and so on. So surely there must be some kind of deep Freegold significance to this weekend, because today this blog turns seven! ;D Coincidentally, my hit counter turned all sevens right around the beginning of this year:
In a recent poll of 30,000 people, lucky number 7 was voted most popular. But some people believeWednesday, August 26, 2015 |
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 | Steve St Angelo - SRSRocco Report |
| THE SILVER MANIFESTO: Precious Metal Investors Guide To Surviving The Coming Debt Bomb |
| Investors worried about the highly leveraged fiat monetary system based on massive debt and derivatives need to read the new book, “The Silver Manifesto.” This book was written by David Morgan and Chris Marchese of Silver-Investor.com.
The primary purpose of writing The Silver Manifesto is to educate the reader as to why there is no way out the financial morass by the political class or the financial elite. In order accomplish this objective to examine every aspect of the silver market includinTuesday, March 24, 2015 |
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 | Michael J. Kosares - USA Gold |
| Mphm!" Why great men and women own gold |
| "It is related of the illustrious SandyMcHoots that when, on the occasion of winning the British Open Championship, he was interviewed by reporters from the leading daily papers as to his views on Tariff Reform, Bimetallism, the Trial by Jury System, and the Modern Crave for Dancing, all they could extract from him was the word 'Mphm!" Having uttered which he shouldered his bag and went home to tea.Wednesday, June 5, 2013 |
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| Charleston Voice |
| The History of Bimetallism in the United States |
| CAUTION: This post not for the casua lprecious metals window shopper. This extensive report forcommitted sound money sleuths only! This teaser excerpt is from the 4th Edition published in 1898.Wednesday, October 17, 2012 |
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 | Fabrice Drouin-Ristori - GoldBroker.com |
| Interview of Peter Cooper (Arabianmoney.net) by Fabrice Drouin Ristori about Gold and Si |
| Fabrice Drouin Ristori, founder of Goldbroker.com, interviews Peter Cooper.
Arabianmoney.net editor and publisher Peter Cooper is based in the Dubai Media City, and has been working as a senior journalist in the region since 1996. He was then the founding editor of the Gulf Business, the first-ever business magazine published in Dubai. In the year 2000 he was a founding partner in the business news and information website ameinfo.com.
His book about ameinfo.com, ‘Opportunity Dubai: Making aTuesday, September 18, 2012 |
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 | Egon Von Greyerz - Gold Switzerland |
Gold goes where The Money is  |
| In a follow-up interview related to his new gold report, commodity analyst RonaldStoeferle discusses with financial journalist LarsSchall for MATTERHORN ASSET MGMT some more crucial points for a better understanding of the action in the gold pits. This time around they talk about, inter alia: “Resource Nationalization”; Peak Gold; the “Asian love affair with gold; and the “aurophobia” of certain old men in finance.Thursday, July 26, 2012 |
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| Food for thought |
| Ricardo on bimetallism |
| .Wednesday, November 16, 2011 |
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| FOFOA - FoFOA |
| The Long Road to Freegold |
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On this, the 40th anniversary of the Nixon Shock, you will probably see the video below of Nixon closing the gold window at some of your favorite sites.Most will call it a crime for the purpose of promoting their expectation of justice defined as turning back the clock to the old gold standard.Monday, August 15, 2011 |
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