Showing posts with label gold. Show all posts
Showing posts with label gold. Show all posts

Paul Craig Roberts: The Assault On Gold

The Federal Reserve's last stand?    For Americans, financial and economic Armageddon might be close at hand. The evidence for this conclusion is the concerted effort by the Federal Reserve and its dependent financial institutions to scare people away from gold and silver by driving down their prices. When gold prices hit $1,917.50 an    ... MORE

Jon N. Hall: A Currency As Good As Gold

The custodians of our currency are abusing it.    The nifty thing about a gold-backed currency is: they aren't making any more gold. The alchemists have tried to make the stuff, but have failed. Of course, a currency can be backed by other precious metals, like silver. But the supply of those other metals isn't getting any bigger either.     ... MORE

Walter E Williams: Government-Created Financial Crisis

Suppose you saw a building on fire.    Would you seek counsel from the arsonist who set it ablaze for advice on how to put it out? You say, "Williams, you'd have to be a lunatic to do that!" But that's precisely what we've done: turned to the people who created our fiscal crisis to fix it. I have never read a better account of our doing just that than in John A.  ... MORE

VIDEO: Peter Schiff: Obama 2.0 & The Fiscal Cliff

This important video contains vital information for your future! 

Implications for America, the Markets, the Dollar and Gold.
Should we go all out to avoid the fiscal cliff or just take the dive? 

Jonathan V. Last: Go For The Gold! (Pay The IRS)

You win the gold, Uncle Sam collects $8,986. Because conservatives are scrooges, the good folks at Americans for Tax Reform have gone through the fine print to find out what our Olympians will have to cough up to the IRS should they be lucky enough to win any medals in London. Even by the standards of our government, the numbers   ... MORE

John Stossel: Let's Give The Fed Some Competition

Pssst. Want to buy some Stossels? They're my own currency with my face on them. Why should you trust them? Because I promise to redeem them for gold. And I'm reliable. I have money in the bank and a job that brings in more than I spend. By contrast, the politicians who back American currency run an unsustainable deficit. The Federal Reserve prints so much   ... MORE

VIDEO: Milton Friedman - The Nature Of Inflation

Charles Kadlec: Gingrich And The Gold Standard

Did you know Newt wants to get back to sound money?   The biggest under-reported story of the South Carolina primary is winner Newt Gingrich’s campaign promise to convene a gold commission to “look at the whole concept of how do we get back to hard money.” The only job of the Fed should be to “maintain the stability of the dollar because we want a   ... MORE

ViDEO: Harry Browne - The Coming Devaluation


Insightful economic conversation (taped 9-3-70) remains relevant today.
Note Mr. Browne predicts that, "as an act of economic desperation," our government will have to "renege on their promise to foreign governments to pay one ounce of gold for every $35 turned in at the Treasury." On August 15, 1971, the Nixon Administration did so.

VIDEO: Andrew Napolitano - The Story of Money


Judge Napolitano attacks the wisdom of central banking.

VIDEO: So You Think Money Is The Root Of All Evil?


Francisco D'Anconia's classic remarks about money from Ayn Rand's ATLAS SHRUGGED.

Russia Moving to Gold Standard?

With the value of the U.S. dollar exponentially declining since the establishment of the Federal Reserve Bank in 1913, it comes as no surprise that many world leaders and international economists have expressed their desire for a new world reserve currency. In light of the global financial crisis, Russia may be moving toward ...  MORE