RSSCategory: Category: Money & Currency

Gold And Silver Are Money

Gold And Silver Are Money

For every valid reason that so many others are advocating the purchase of physical gold and silver, demand, shortages, Chinese buying, exchange disappearing physical, etc, etc, we echo those sentiments and suggest/advise to keep on buying, but hold it personally. However, for more salient reasons, such as discussed in our last several commentaries, as well as this one, there are far more important reasons to buy and hold gold and silver: They are money.

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Gold And Silver Excellent Store Of Wealth In Last 60 Years

Gold And Silver Excellent Store Of Wealth In Last 60 Years

The delusions regarding the value of paper currency, usefulness of the Fed, government entitlements, the welfare and warfare state, and continual growth are weakening. The ultimate reckoning may be sudden or slow, but it will not be pretty for the unprepared. Gold and silver will remain valuable and a store of value over the next 60 years.

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Gold’s Protection Against Counterparty Risk Is Coming Alive

| March 16, 2014 | Category: Money & Currency
Gold’s Protection Against Counterparty Risk Is Coming Alive

To individuals, what matters is that physical gold is immune to counterparty risk. And this, ladies and gentlemen, we believe is the key take-away from the ongoing economic and financial turmoil. All those dollars, Treasuries, stocks, derivatives, e.a., running a risk to become the object of the new economic warfare, in the context of extreme leverage and excess liquidity, has one and only one antidote: unencumbered ownership of physical gold and silver.

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Russia Touches U.S. Achilles Heel: Petrogold instead of Petrodollar

Russia Touches U.S. Achilles Heel: Petrogold instead of Petrodollar

What seems to be proven once again, is that gold equals strength. The petrodollar system is based on one, and only one, thing: trust. As soon as trust fades, the whole system collapses. That is the unspoken Achilles heel of the US. Unexpectedly, Russia is now in the position to touch this Achilles heel. Is this the trigger that will lead to a collapse of trust in the US dollar, as predicted for a long time by people like Jim Rickards?

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Jim Rickards: Our Monetary System Is Instable and It Will Collapse

Jim Rickards: Our Monetary System Is Instable and It Will Collapse

What matters is the instability of the system. What you need to study is the instability of the system. If you get that right, you will be able to see the collapse coming. The trigger is really irrelevant. A trigger could be the failure of a firm, the failure of an exchange, some kind of panic, a natural disaster, suicide of a prominent person. It really doesn’t matter what it is; what matters is your system is instable and it is going to collapse.

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How This Monetary Experiment Will End

How This Monetary Experiment Will End

Central banks around the world are now printing money virtually out-of-thin air, virtual money, in order to provide the requisite liquidity that severely stressed capital markets require. This money, however, never reaches the economy-at-large. It is instead fueling asset bubbles in global stock markets sparked by the speculative frenzies induced by the bankers’ excess credit.

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The Renaissance Of Gold In Classic Finance Will Continue

The Renaissance Of Gold In Classic Finance Will Continue

Regarding the US dollar, global confidence for it as reserve currency has definitely started to wane. Without a return to sound financial and monetary policy the US dollar sooner or later will be questioned sooner or later. I am absolutely certain, that the renaissance of gold in classical finance will continue.

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Bankers Tell It Like It Is – Top 10 Quotes That Reveal Their Crimes

Bankers Tell It Like It Is – Top 10 Quotes That Reveal Their Crimes

The arrogance, elitism, and condescension of bankers towards the common citizen are starkly revealed. These brilliant criminals have created the Ponzi scheme of all Ponzi schemes and so far, protected it from any form of criminal prosecution. However, that might be about to change. Awareness of their criminality is growing throughout the world at a rapid pace but never doubt that this group will fight tenaciously and be willing to go to any extremes to protect their centuries’ old scam. We predict there will undoubtedly be more strange banker deaths ahead of us in the ensuing weeks, months, and years.

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Gold & Silver: From Now On All that Matters Is That You Own Both

Gold & Silver: From Now On All that Matters Is That You Own Both

The entire world-wide banking system is corrupt and run by corrupt people whose only objective is to steal as much of your money as they can. We are of the mind that the western banking Ponzi scheme can go on for longer than most expect. It could take one or even two to three years longer before the fiat system unravels. Things could also go awry in the next several months. Regardless of when, the handwriting is on the wall for those who pay attention.

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Government Intervention in Gold and the Mega-Bubble in Paper

Government Intervention in Gold and the Mega-Bubble in Paper

In the latest Investor’s Digest of Canada, Johny Embry, strategist at Sprott Asset Management, praises one of the latest precious metals book. Obviously, the book he refers to is “The Gold Cartel; Government Intervention in Gold, the Mega-Bubble in Paper and What this Means for your Future” written by Dimitri Speck.

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China Must Be Very Concerned About The US Dollar

China Must Be Very Concerned About The US Dollar

China is buying gold to hedge against the dollar’s loss of value, they are not necessarily buying gold to introduce a new gold standard and impose it as a world reserve currency. From that perspective, the Chinese must be very concerned about the dollar.

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A Monetary Low Point, By All Standards

A Monetary Low Point, By All Standards

In the end, this is really simple. The Bank of Japan wants investors and economic agents to believe that it is “doing something” that has the power to alter the country’s economic and financial course. That has never been the case, and it certainly is not now with a measure of “stimulus” in a manner already fully saturated with prior “stimulus.” And it doesn’t take any monetary expertise or specialized training to see this. Simple common sense will do. There is no Greenspan put, only an irrational fear of the Greenspan put. If the Federal Reserve or the Bank of Japan had any real power, we wouldn’t need to argue about whether there is a real recovery or not.

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Gold Standard – The way to Liberty

Gold Standard – The way to Liberty

A de-politicization of money and thus the return to all its facets as a store of value and means of exchange, would be beneficial for a broad minded- liberal society rather than a centrally – doctrinaire social order. The gold standard of a currency captures the otherwise nearly limitless power of politics and thereby gives people freedom.

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Gold Is Money: Utopia Or Reality?

Gold Is Money: Utopia Or Reality?

I have written many articles about Gold, about the Unadulterated Gold Standard, about the components of a Gold based economy. Perhaps it’s time for a bit of a ‘reality check’. Is the very idea of Gold money, the very idea of honest money in an honest society Utopian? Especially in this day and age, an age of the big lie, of tyrannical governments, of crony capitalism, of loss of human vitality…

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