Gold As Unpegged Legal Tender
We need to level the currency playing field to enforce a practical, market based boundary on irresponsible monetary and fiscal policy.
Poor System Design
Our Founding Fathers understood the problems with fiat money and monetary debasement. They attempted to...
https://www.msn.com/en-us/money/markets/i-don-t-understand-why-people-are-more-inclined-to-go-to-bitcoin-than-gold-says-hedge-fund-billionaire-ray-dalio/ar-AA1anPYt
I don't know what people he is referring to, but i think BTC is a speculative play for people gambling on some ROI. Gold is an...
How did I miss this story!?!?
October 2022 (emphasis mine):
https://www.africa.com/imf-believes-zimbabwes-gold-coins-are-a-missed-chance-to-build-the-nations-gold-reserves/
This looks like Ron Paul's competing currencies bill in action, but on a limited scale/basis.
December 2022...
Highly recommended :mrt:
The reasoning for the people in Indonesia to use gold and silver instead of the Rupiah is to follow the rules of Islam. But that's irrelevant, because they apply common sense economics :clap:
http://www.nysun.com/national/lehrman-to-romney-santorum-join-the-alliance/87682/
I'm encouraged that Newt's proposed commission doesn't appear to be designed to bury the idea again. Asking Lehrman and Grant to head the commission shows a serious intent.
I still think enacting HR 1098 is a...
Offshoot of a Jim Rickard's scenario in his book Currency Wars. Let's say you are well prepared living in a suburb of a major city. You have food/water/protection and have transitioned your assets into gold and silver. The dollar is collapsing. The US seizes all gold held in banks (repayment...
It seems painfully obvious to me that given events that are shaping the future for the US Dollar, we are headed for a currency crisis. Most pundits in the financial media, at least the ones who dare to discuss this topic, usually point to two options - default on the debt or monetize the debt...
More: http://finance.yahoo.com/news/October-Surprise-Can-Gold-Be-xfoftp-3327442108.html
The original source for this article is behind a pay wall:
http://www.rasmussenreports.com/public_content/business/general_business/october_2011/public_has_mixed_views_of_return_to_gold_standard
I hope...