RSSCategory: Category: Money & Currency

Money, Gold, Liberty In 2015 And Beyond

Money, Gold, Liberty In 2015 And Beyond

If we review the events of 2014, it seems the situation has intensified: governments are still overwhelmed with debt, our fiat money system is unsupported, our central banks insist on accumulating debt and making money valueless. It doesn’t look all too good. Or does it? Will someone realize we have to pull the plug? And when we do, because it will happen whether we want it or not, how can we support ourselves from the damage that we will all have to endure? I am a strong advocate of physical gold and can’t stress enough the importance of owning physical precious metals stored outside the banking system.

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Sound Money and the Ring of Truth

Sound Money and the Ring of Truth

Americans today have no memory of those times when gold, silver, and copper coins were tossed across a store counter, or counted out by hand, to pay for everything from penny candies to Ford Model-T automobiles. That era began ending when President Roosevelt in 1933 outlawed the use of gold coins in everyday American commerce. The separation of Americans from their Constitutional heritage to true money continued through 1964, with the end of small coinage containing 90% silver. The deception was complete by 1982 when copper quietly disappeared from the Lincoln penny.

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Dollar Reserve Currency Dying But Meantime No Respite For Precious Metals

Dollar Reserve Currency Dying But Meantime No Respite For Precious Metals

In a nutshell, if the elites have their way, and to date they remain unopposed, the fiat Federal Reserve Note, aka the debt “dollar,” will be replaced with some form of a new international currency, or perhaps Special Drawing Rights, an international basket of currencies. All money may exist as computer credits that can be readily tracked. If anyone dare oppose the bankers, poof, your credits just disappeared, and you have nothing. Bankers rely on debt largesse and fear.

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Gold-Backed Currency? Not Any Time Soon Based On The Trends, But Be Prepared.

Gold-Backed Currency? Not Any Time Soon Based On The Trends, But Be Prepared.

Most trend bottoms have a certain look about them, and weekly silver does not fit any pattern with which we are familiar. It could be the result of central bank artificial manipulation as opposed to the natural forces of supply and demand. If it turns out to be the bottom, fine, but for now, there is no confirmation either way. What we know for certain is that every bottom undergoes a process of retesting, with none yet apparent.

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New Signs Gold and Silver Are Returning as Monetary Assets

New Signs Gold and Silver Are Returning as Monetary Assets

Granted, it seems unlikely that the U.S. or any major country will return their currency to a classical gold standard anytime soon. But signs abound that precious metals are re-entering the public consciousness – and will be playing a more prominent role in monetary systems as geopolitical tensions rise, debt levels become more unmanageable, and public confidence in political institutions wanes.

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Anti-Gold Propaganda Prevails In Swiss Vote!

Anti-Gold Propaganda Prevails In Swiss Vote!

This morning the final votes were cast on the Swiss Gold Initiative (most votes were submitted via post). As we speak the final votes are still being counted however we already know: The initiative has been rejected! This article contains several quotes from people who reacted on the results.

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For Elites, All The World’s A Stage, Including China And Russia

For Elites, All The World’s A Stage, Including China And Russia

China and Russia, or maybe only China with Russia relegated to a lesser important role than might be expected, are but players on the elite’s stage, and make no mistake, the moneychangers remain in full control if SDRs are to become the new world currency. The rest of us remain bit players of no consequence on that stage, other than to serve and toil for the elite rent seeking directors behind the scenes.

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Why Gold Should Rise And Exceed Previous Highs

Why Gold Should Rise And Exceed Previous Highs

Are Russia and Europe buying more gold? Will the Swiss vote ‘yes’ in its gold referendum? Is there a chance for QE4? Peter Schiff is on Kitco News to comment on some of the most recent headlines surrounding the gold market and also to share his thoughts on the U.S. economy. The Euro Pacific CEO says the U.S. recovery isn’t real and adds that the dollar is only strong because all other currencies are weak.

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Swiss Gold Referendum: Impressions Of The Latest TV Debate

Swiss Gold Referendum: Impressions Of The Latest TV Debate

Claudio Grass, managing director at Global Gold Switzerland, provided some comments on the TV debate. He first noted that the authorities are increasingly showing a need to use the government owned TV stations to push the message that the gold backing would be a big mistake. He feels that authorities are becoming increasingly nervous.

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Why Gold and Silver Are the Good News Metals

Why Gold and Silver Are the Good News Metals

Analysts and some precious metals’ sellers tend to focus on the “insurance” aspect of owning precious metals. They point out that having some in your possession helps protect your wealth in case of inflation, political unrest, or for use as an “alternate currency”. Of course, these are all valid reasons for purchasing and holding “the precious metals four” – gold, silver, platinum, and palladium. But the benefits go far beyond the insurance and assurance aspects. It just makes all around good sense. For you see, each of these are in their own way, “good news” metals.

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A Tale of Two Cities

A Tale of Two Cities

Our fictional City A might resemble some major cities in the western hemisphere. It is inhabited by regular people as well as politicians, rats, and central bankers. Currency units are digital, purchase less every year, and are created in large quantities every day. The political and financial elite control most of the government and the economy for their own benefit. Economic statistics and financial TV continually assure the people that “it’s all good.” The crashes of 2000, 2006, and 2008 caused many people to question the usual narrative.

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What Is The Link Between Gold And QE?

What Is The Link Between Gold And QE?

It is clear that “money printing” as such does not correlate in a one-to-one way with precious metals, although it is, so far, higly correlating with stocks. During all the QE phases, stocks have been performing well, while gold has only benefited from QE1 and QE2 as those periods where associated by the market with inflation. On the other hand, QE3 provided THE ultimate “risk on” trade; because the invisible hand of the almighty central bank was there stimulate endless risk. That is when gold was literally ababonded, at least among Western investors. The interesting part is that gold is today behaving as a “risk off” trade, sort of a “safe haven” trade.

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Precious Metals vs The Formidable Loss Of Purchasing Power Of The Dollar

Precious Metals vs The Formidable Loss Of Purchasing Power Of The Dollar

If you had purchased $100 in gold in 1971, it would be worth over $3,040 in today’s dollars. But if you had left your $100 in cash, you would still have only $100 in cash, which today only retains about 17% of its former value. Similar to gold, if you had purchased $100 in silver back in 1971, it would be worth over $1,200 in today’s dollars.

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Gold & Silver Show Mixed Signals While Bitcoin Shows Relative Strength

Gold & Silver Show Mixed Signals While Bitcoin Shows Relative Strength

Bitcoin’s correlation with gold has started to reverse, moving to +0.76 from a high last week of +0.88. This makes forecasting future bitcoin price movements more difficult if it is beginning to act less like gold, who’s behavior has become well-understood in relation to the US economic narrative of growth and Federal Reserve tightening. Right now, the bitcoin market remains very stochastic and open to market manipulation. There are no clear demand-side factors that we can rely on for sustained demand of the currency.

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