Sunday In January of 2000, it began to dawn on me that the world had some serious problems. A great deal of subsequent reading informed me that the world’s monetary system was not only seriously flawed (it had been since 1933) but that it was at the point of breakdown. It was like a drunk at the bar who was being kept upright only by the swell of people around … [Read more...]
Wall Street Rule for the #MeToo Era: Avoid Women at All Cost
Tuesday The pathetic nature of the modern ‘feminist’ who whines, wants privileges not accorded to males, and requires safe-spaces, is apparent to most people. It is only fair to point out that the problem does not stem from these feminists. They are simply one more bizarre manifestation of the removal of circulating Gold from the monetary system. When money can be … [Read more...]
The Origins of Money
Tuesday Why is it important to understand the real origins of money? Is it not sufficient to observe the role that money performs in the marketplace? Is the exploration of money’s beginnings just an academic exercise? The answer to those last two questions is a resounding ‘no’. The world has been operating for 3,500 years on ‘obvious’ assumptions and they have turned … [Read more...]
As Goes Gold, So Goes Society
Thursday President Nixon, defaulted on the US$ obligations in 1971. The Bretton Woods agreement of 1944 was torn up, and the US$ was no longer redeemable for Gold anywhere. While this betrayal shocked the world, it should not have. It was the logical next step to Roosevelt’s default thirty-eight years earlier, when overnight the US$ was made irredeemable to US … [Read more...]