Tuesday For as long as people continue to believe that the value of Gold is measured in dollars, then they will fail to grasp the fundamentals of not only money, but what is happening in the world. Central Bank approved Graph – Price of Gold in Au$s Reality Graph – Price of Au$s in milligrams money Yes, the ‘price of Gold’ is going up in terms of Au$s, and most … [Read more...]
Keith Weiner
Tuesday As most of my readers know, as well as writing this blog, I am President of the Gold Standard Institute. For a great summation of why we do what we do, check out this video by our chief economist, and President of the US Institute, Dr. Keith Weiner. Keith is the best out there and Larry Parkes gave him a great forum to express his views. Our simple purpose … [Read more...]
Dollar Demand
Friday Many people understand that currencies are just debt notes and that they will have zero value at the precise point that the debt collapses. So why are they not falling in value? Why is demand for currencies so strong? The answer is that we need them – desperately. It has nothing to do with ‘an idea backed by confidence’ as was suggested to me (again) … [Read more...]
Monetary Metals
Tuesday The subject of a Gold Standard is in the media again. Note that I use the indefinite article. There is more than one interpretation of what a Gold Standard is. But still, it is being discussed, if mostly to the guffaws of the evangelical Keynesians - those same mainstream economists who have, unrepentantly, led the world’s economies to the … [Read more...]
What Causes Loss of Purchasing Power
Tuesday Rarely do I come across anything that substantially changes how I view money and/or the economy. Keith Weiner's Yield Purchasing Power did that, so did Gold Bonds. So does this. In this week's Report, Dr. Weiner explains that it is not necessarily fiat buying less when the price of a good rises. How can that be? Read the full article. … [Read more...]