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| Antal E. Fekete - Gold University |
The Supply of Oxen at the IMF |
.Wednesday, October 7, 2020 |
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| Antal E. Fekete - Gold University |
The Invention Of Discounting |
Sunday, August 23, 2020 |
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| Antal E. Fekete - Gold University |
When Mises Went Wrong |
.Tuesday, August 4, 2020 |
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| Hyperinflation - USA Gold |
The Nightmare German Inflation |
Hey, Mr. Chairman, in case you haven't noticed, the Federal Reserve already has a goodly supply of oxen!
My father was fond of relating a story about a professor lecturing on geography. A short fellow, he was extolling the agriculture of Switzerland. "In our country oxen are not even as tall as I am. In some countries you see oxen just as tall as myself. But, believe it or not, on the fat pastures of Switzerland there are even greater oxen than myself". For emphasis the good professor stood on his tiptoes and stretched his hand upwards above his head. "We don't believe so!" - shouted someone from the back benches of the lecture theater.Monday, July 13, 2020 |
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| Robert Blumen - 24hgold |
Real Bills, Phony Wealth |
"The masses are misled by the assertions of the pseudo-experts,” wrote Mises, “that cheap money can make them prosperous at no expense whatever.” The damage that this inflationary fallacy has done to our monetary institutions cannot be over-estimated. In spite of efforts by classical and Austrian economists to refute it, it refuses to die. It has been resurrected under many guises, but all with the same error at its core: that printing money can create real wealth.Wednesday, May 13, 2020 |
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| Charleston Voice |
Historical Sketch of Paper Currency OF PAPER CURRENCY - History is repeating now |
INVENTION OF PAPER MONEY- FRENCH EXPERIENCE - JOHN LAW ENGLISH EXPERIMENTS –
COLONIAL -RUSSIAN - CONFEDERATE STATESTuesday, April 28, 2020 |
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| The Disastrous History of Money - USA Gold |
The Nightmare German Inflation |
Monday, March 9, 2020 |
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| Andy Hoffman - Miles Franklin |
My Opinion on Bitcoin |
Miles Franklin Now Accepts Bitcoin!
Question: Why would Miles Franklin, a conservative and prudent gold and silver business, accept Bitcoin?
Because Miles Franklin wants to serve their EXISTING CLIENTS who wish to “cash out” of Bitcoin into something real, such as gold and silver, which have a reassuring 5,000 year history.
Call Andy or John at Miles Franklin (1-800-822-8080), sell your Bitcoin, and buy tangible gold or silver. Miles Franklin clients know that gold and silver will preserve weaFriday, December 29, 2017 |
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| Alasdair Macleod - Finance and Eco. |
Cryptos may destabilise fiat |
The assumption in some quarters is that crypto-currencies will replace gold as money, or at least challenge it. This is an error borne out of a misunderstanding of catallactics, or the theory of exchange. It also ignores the fact that beyond a few European countries and North America, gold is firmly money in the minds of ordinary people. I wrote an article on this subject, explaining why cryptocurrencies are not a new form of money, here.Anyone reading this article may wish to read my original aFriday, November 10, 2017 |
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| Andy Hoffman - Miles Franklin |
Digging Up An Old Story.. Part II |
It is the closing of October and the Hollow’s Eve celebrations are in their waning hours. It is in this era of time in which we continue the diggings up of the thesis of Bram Stoker’s Dracula and if the story of the blood sucking vampire was that of a banker. Imo, Bram would have truly been a member of our community, a group that has complete and full trust in Silver and Gold and not the power of print.
I finally got my purchase of “Famous Impostors” written by Bram Stoker back in 1910. The bookWednesday, November 1, 2017 |
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| Andy Hoffman - Miles Franklin |
Digging Up An Old Story |
Last night instead of watching the No Fans Left political program, I decided to watch a 1931 movie starring Bela Lugosi. Being in the Halloween Season and all, I watched the original “Dracula” where the main character was charismatic, kind, considerate, wealthy, and a little off. This movie was epic and the digitally remastered film really showed the viewers a good time.
Bela Lugosi was claimed to have stayed in character for 6 months past the making of the movie and I found out later that he waMonday, October 9, 2017 |
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| Alasdair Macleod - Finance and Eco. |
Further thoughts on Gibson’s paradox |
“The paradox is one of the most completely established empirical facts in the whole field of quantitative economics.” – John Maynard Keynes“The Gibson paradox remains an empirical phenomenon without a theoretical explanation” -Friedman and Schwartz“No problem in economics has been more hotly debated.” - Irving FisherIntroductionTwo years ago, I found a satisfactory solution to Gibson’s paradox.i The paradox is important, because it demonstrated that between 1750-1930, interest rates in Britain cFriday, September 8, 2017 |
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| John Butler - Goldmoney |
The Golden Revolution, Revisited: Chapter I |
Chapter IThis Insight is the third in the serial publication of the new, Revisited edition of my book, The Golden Revolution (John Wiley and Sons, 2012). (The first instalment can be found here.) The book is being published by Goldmoney and will also appear as a special series of Goldmoney Insights over the coming months. This instalment comprises the first chapter of Section I.View the entire Research Piece as a PDF here.On the Misunderstanding of Money“[Adam] Smith, far from being the founder Tuesday, June 6, 2017 |
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| Alasdair Macleod - Finance and Eco. |
The importance of randomness |
The greatest strength of a truly free market economy, where money is sound and does not corrupt prices, is the absence of cyclical action. With sound money, and consumers deciding for themselves their wants and satisfactions, having to choose between this or that instead of deploying unbacked credit to have this and that, there can be no cycle of credit, and no credit-driven business cycles.Central bank manipulation of money is intended to force everyone to act the same way at the same time. CenThursday, May 18, 2017 |
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| Alasdair Macleod - Finance and Eco. |
Malice in Wonderland |
Malice in WonderlandRecently, I was quietly reading in my armchair, eyes closing and trying to stay awake, and the next moment I was falling down a rabbit hole. After falling into the void, I found myself outside a castle, which can only be described as very Gothic in the darkest sense. A door opened in the castle wall, and I was beckoned in by a tall dark-haired man, who was wearing a long black cloak.He said he was a representative for ME Phistopheles & Co, a firm located in multiple undergrouFriday, January 13, 2017 |
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| Bob Hoye - Institutional Advisors |
What IF |
What if market forces finally make the perma-bears right?
Precious Metals
For the precious metals community the ultimate catastrophe would have the
US dollar going to "zero". Of course, what is not part of this equation is
what happens if industrial commodities rise much faster than the price of gold
or silver. This has happened a number of times and the result has been gold
mining costs rose faster that bullion prices and the industry lost profitability.
Perhaps there could be a time whSunday, October 30, 2016 |
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| Mish - Global Economic Analysis |
US Election: What’s in Store for Equities and Gold |
As we head into the final stages of the the US 2016 presidential election, one has to wonder: Does it matter at all who wins? And what are the implications for equities and gold?
James Grant discusses election and equity questions Fed is Now Hostage to Wall Street.
James Grant, Wall Street expert and editor of the investment newsletter Grant’s Interest Rate Observer, warns of a crash in sovereign debt, is puzzled over the actions of the Swiss National Bank and bets on gold.
Mr. Grant warns ofWednesday, August 24, 2016 |
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| Alasdair Macleod - Finance and Eco. |
Why Say’s law is always true |
One of my regular readers has raised the important subject of Say’s law, the denial of which both Keynesian and modern monetarists are emphatic.They need this fundamental axiom to be untrue to justify state stimulation of aggregate demand. Either Say’s law is right and state intervention is economically disruptive, or if it’s wrong modern economists are right to ignore it and progress their science beyond it.The basis of post-Keynesian economic stimulation assumes a breakdown between consumptionThursday, August 11, 2016 |
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| John Rubino - Dollar Collapse |
Why We're Ungovernable, Part 14: Austria's Two (Formerly) Main Polit |
Austrians went to the polls today to elect a new president. But for the first
time in living memory the country's two mainstream parties -- Austrian People's
Party and Social Democrats -- are out of the running while far-right and far
left candidates stage an acrimonious run-off. Early returns (as of Sunday morning
US Pacific Standard Time) had them too close to call.
Here's the BBC's overview:
Austria votes
in run-off between far right and independent
Austrians have begun vMonday, May 23, 2016 |
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| Alasdair Macleod - Finance and Eco. |
The ECB and John Law |
Last week, the ECB extended its monetary madness, pushing deposit rates further into negative figures.It is extending quantitative easing from sovereign debt into non-financial investment grade bonds, while increasing the pace of acquisition to €80bn per month. The ECB also promised to pay the banks to take credit from it in "targeted longer-term refinancing operations".Any Frenchman with a knowledge of his country's history should hear alarm bells ringing. The ECB is running the Eurozone's moneSaturday, March 19, 2016 |
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