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gold standard Archive

  • The list of empire, nations, and city states that have collapsed are countless since the beginning of recorded history regardless of what money was. The common denominator that existed for EVERY collapse, was abuse of credit and politicians.

    Gold & Politicians – Getting it Right For Once

    The list of empire, nations, and city states that have collapsed are countless since the beginning of recorded history regardless of what money was. The common denominator that existed for EVERY collapse, was abuse of credit and politicians.

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  • ANYONE who believes this nonsense that a gold standard will miraculously convert politicians into saints should really just check yourself into an insane asylum. Long before there was paper money, there has always been debt. People borrowed and still had the same leverage on gold for there was more debt owed in gold than there was ever gold.

    Gold Standard Nonsense Compelling Us To Repeat History

    ANYONE who believes this nonsense that a gold standard will miraculously convert politicians into saints should really just check yourself into an insane asylum. Long before there was paper money, there has always been debt. People borrowed and still had the same leverage on gold for there was more debt owed in gold than there was ever gold.

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  • To solve the problem, there should be NO career politicians and the government should be barred from borrowing money. Those are the key issues. Claiming to make a gold standard or some other nonsense to make “sound” money is pointless. You cannot create sound money with taxes and borrowing intact.

    Money is Irrelevant – Deal With the Issue Directly

    To solve the problem, there should be NO career politicians and the government should be barred from borrowing money. Those are the key issues. Claiming to make a gold standard or some other nonsense to make “sound” money is pointless. You cannot create sound money with taxes and borrowing intact.

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  • The evolution of currency systems over the past two centuries, as it turns out, is far more exciting than is usually let on (think political thriller as opposed to economic textbook!). GoldMoney presents, in all its glory, the quixotic history of exchange-rate regimes from 1821 to the present day.

    History of Exchange Rates

    The evolution of currency systems over the past two centuries, as it turns out, is far more exciting than is usually let on (think political thriller as opposed to economic textbook!). GoldMoney presents, in all its glory, the quixotic history of exchange-rate regimes from 1821 to the present day.

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  • Whoever creates the money holds a position of great power — the choice of how to allocate resources is in their hands. They choose who gets the money, and for what, and when. And they do this again and again and again.

    The Origin of Money

    Whoever creates the money holds a position of great power — the choice of how to allocate resources is in their hands. They choose who gets the money, and for what, and when. And they do this again and again and again.

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  • With that description of smart money, the next logical question to ask is, what are they looking at now? To answer that question, understand the time horizon they have in mind. They’re not looking at next week or next month like a trader would, nor so far out that it will take the rest of their life to realize a profit. The smart money is looking at the likely trends over the next few years.

    Are You Smart Money?

    With that description of smart money, the next logical question to ask is, what are they looking at now? To answer that question, understand the time horizon they have in mind. They’re not looking at next week or next month like a trader would, nor so far out that it will take the rest of their life to realize a profit. The smart money is looking at the likely trends over the next few years.

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  • Stick with the guys that know whats going on. Look at it this way; those that know whats up will be praying for a selloff to buy more physical, NOT waiting for it to go up to buy more. This is clearly NOT a bubble or anything anywhere near it. The only bubble remaining to be pooped is the $US as, that, in my humble opinion is still overvalued by 100% of its current value.

    The Silver and Gold bubble

    Stick with the guys that know whats going on. Look at it this way; those that know whats up will be praying for a selloff to buy more physical, NOT waiting for it to go up to buy more. This is clearly NOT a bubble or anything anywhere near it. The only bubble remaining to be pooped is the $US as, that, in my humble opinion is still overvalued by 100% of its current value.

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  • This is even more interesting when you consider that it’s the ETFs where most of the public – especially those that are new to the market – first invest in silver. So while the metal has doubled in the past seven months, total investment in the funds is still far beneath many popular blue-chip stocks.

    Silver Is Getting Too Popular… Right?

    This is even more interesting when you consider that it’s the ETFs where most of the public – especially those that are new to the market – first invest in silver. So while the metal has doubled in the past seven months, total investment in the funds is still far beneath many popular blue-chip stocks.

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  • We believe much of it stems from a widely held misconception that gold is forming a financial bubble. It’s a fairly straightforward view – that gold buyers are merely foolhardy speculators buying on a whim with no rationale other than to sell to the ‘greater fool’ at higher prices in the future. It’s a view that assumes that gold has no intrinsic value and is simply a speculative asset that has captured investors’ imaginations.

    Eric Sprott Debunks The Gold Bubble Myth

    We believe much of it stems from a widely held misconception that gold is forming a financial bubble. It’s a fairly straightforward view – that gold buyers are merely foolhardy speculators buying on a whim with no rationale other than to sell to the ‘greater fool’ at higher prices in the future. It’s a view that assumes that gold has no intrinsic value and is simply a speculative asset that has captured investors’ imaginations.

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  • Now here’s the fun part. Let’s say fund managers as a group realize that bonds, equities, and real estate have become poor or risky investments and so decide to increase their allocation to the gold market. If they doubled their exposure to gold and gold stocks – which would still represent only 0.6% of their total assets – it would amount to $93.3 billion in new purchases.

    The Driver for Gold You’re Not Watching

    Now here’s the fun part. Let’s say fund managers as a group realize that bonds, equities, and real estate have become poor or risky investments and so decide to increase their allocation to the gold market. If they doubled their exposure to gold and gold stocks – which would still represent only 0.6% of their total assets – it would amount to $93.3 billion in new purchases.

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