Some of the articles that appeared in the original Times of Gold website – the one that was hacked to death – have been reposted here. Included is the one which speculates on how much Gold there is in the world. Also included is the original article on Gold’s stock-to-flow ratio. Both caused much follow up from others – in the latter case, only serving to make a simple subject seem rather dense and impenetrable.
Knowledge of Gold’s stock-to-flow ratio is vital. It is the necessary first step on the path to a real understanding of money.
I have brought the site back to life partially, but not solely, to promote the radical ideas contained in Dawn of Gold – The Real Story of Money (reviews).
The grand delusions of the 21st century are by no means restricted to money, but money will be the exclusive focus of this website.
All existing schools of economics misunderstand money; not only its origins, but also what it is and even the role that it performs.
Without money we would never have emerged from our tribal huts; if its absence continues for much longer then that is where those who survive will return.