Tag: gold is money

Research Shows ALL Paper Money Systems Failed

| December 7, 2012 | Articles: Insights
Research Shows ALL Paper Money Systems Failed

We often read or hear quotes like “paper money eventually fail” and “paper money always returns to its intrinsic value which is zero.” In this article, we provide evidence why these statements are true, backed by research in which 599 different forms of paper money have been analyzed. We explain in an easy to understand way what money fundamentally is, how monetary policies of governments are affecting everyone of us and how gold is first and foremost an alternative form of money (for each and every one of us, not only for an elite). Courtesy of Vince Cate for the incredibly valuable research and David Morgan who referred us to […]

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What Is The Gold Standard Exactly?

| November 22, 2012 | Articles: General
What Is The Gold Standard Exactly?

We wouldn’t believe a year ago that even the mainstream media would be talking about “the gold standard” so often as they did over the past few months. Even the number of searches in Google has been increasing, which is a sign that the topic is gaining in “popularity”. Now what exactly is “the gold standard”? Is it correct how most describe it as a state where money is backed by gold? In the latest edition of The Gold Standard Journal, an article appeared in which the author Thomas Allen explores this question in more detail. He goes back in time to provide a well argued explanation. We highly encourage […]

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The Tragedy Of The Euro! What About Germany?

| November 10, 2012 | Articles: Insights
The Tragedy Of The Euro! What About Germany?

This article is written by Brecht Arnaert who is the editor of www.safecapital.eu, an in-depth newsletter for preservation of capital, with the support from Global Gold. 2012 has been a year of great turmoil for the euro. But our economy is not the only thing that is in crisis. Our economic theory is too, and even more so: for decades macro-economic policy has been conducted within a Keynesian framework, and while no Keynesian economist has predicted this crisis, or even is able to explain it’s causes, we are still listening to them today to get out of the mess they brought us into. I would say that this is a problem of […]

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Could The Ongoing Financial Crime Affect The Gold Price?

Hera Research released an extremely interesting paper. The research company focuses on relationships between macroeconomics, government, banking, and financial markets in order to identify and analyze investment opportunities with extraordinary upside potential. In their paper, Hera analyzes the potential triggers of a collapse in the US dollar, which in turn would trigger a hyperinflation. The research company clearly expects we are approaching such an epic event, quoting Austrian economist Ludwig von Mises: “There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of voluntary abandonment of further credit expansion, or later […]

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Forbes Promotes The Benefits Of Gold

| October 14, 2012 | Articles: Insights

Forbes published an article on its website entitled Gold can save us from disaster. The article is written by Steve Forbes himself and will appear in their magazine in the October 22nd edition. We find it remarkable, not because of the fact Forbes is writing about gold (they are in fact publishing regularly precious metals related content) but because of the types of statements and thoughts in it. This sentence is an important one in promoting the awareness around precious metals: “Unless Mitt Romney educates himself quickly on the need for monetary reform, we are going to have to seriously and deliberately begin the process of education and experimentation”. It’s just […]

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The Case For A Higher Gold Price Based on Monetary History

| October 14, 2012 | Articles: Insights
The Case For A Higher Gold Price Based on Monetary History

People tend to forget quickly and fail to learn from history. As George Bernard Shaw once said : “What we learn from history is that  people don’t learn from history.” So it’s worth one’s time to look back to the past and learn what others before us learnt sometimes the hard way. As far as Gold’s role in our monetary system is concerned, the most recent learnings and insights come from “the Bretton Woods period”. Apart from being a nice resort in the mountains, Bretton Woods stands for the agreements that created a new world monetary system in 1944. Courtesy of Scott Minerd, chief investment officer of Guggenheim Partners, who […]

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More Bullish Signals For Gold

More Bullish Signals For Gold

It’s amusing to see how much people still don’t understand the dynamics behind Gold. You can find in this short article a couple of examples. This video goes back to the days after QE3 was announced (also known as QE to Infinity). The CNBC commentator cannot believe that gold could go to $5,000 and laughs Peter Schiff away. Well, if $5,000 is high, what to think about $10,000 gold that some respected people are expecting? The historic evidence is there. If there is one chart that everyone knows, at least everyone who read at least one article about Gold, it’s the historic Dow/Gold ratio.The trend is clearly there, all circumstances […]

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Gold Wars revisited

| October 5, 2012 | Articles: Insights
Gold Wars revisited

The following is an essay version of a speech given by Spanish trader and economist Felix Moreno de la Cova, at a recent event in Madrid to mark the publication of the Spanish version of Gold Wars by the late Ferdinand Lips. GoldMoney would like to thank the Asociación Española de Metales Preciosos and Barbara Lips of the Lips Institute for their work on this project. The sadly departed Ferdinand Lips left us an astounding legacy with this jewel of a book. It sends a powerful message that our political and banking elite would do well to remember, and is even more relevant now in light of current events. Lips was a private Swiss banker and a […]

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A new gold standard?

| September 17, 2012 | Articles: Insights
A new gold standard?

The US Republican Party recently announced its intention to set up a “gold commission”, to examine the feasability or not of returning to a gold standard. This raises important questions, cutting across the neoclassical economic consensus, so is bound to be controversial. If the commission is appointed, it members will have to re-learn how gold works as money, take on board the consequences of its reintroduction, and understand the reasons why mixing un-backed paper and gold is a flawed compromise. Gold as money is fundamentally different from the paper-money environment we operate in today. Gold cannot be manipulated by government, while fiat money gives governments the flexibility in monetary policy they […]

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Nick Barisheff comments on QE3 & confirms his $10,000 gold price outlook

“Gold’s sharp price increase in response to QE3 announcement, compared to a smaller increase in equity prices, indicates the futility of more fiat currency expansion”. That’s Nick Barisheff his view about Thursday’s announcement from the US Fed. Nick Barisheff is the CEO of Bullion Management Group Inc and author of the book $10,000 Gold; Why Gold’s Inevitable Rise is the Investor’s Safe Haven which will be released later this year. The statement of the Fed and the effect it had on the prices of precious metals, confirms Nick’s expectations of  gold priced at $10,000 an ounce. The Fed is desperately trying to stimulate job growth in the US. Their belief is that […]

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The Gold Standard Journal of August 2012

This article contains a short summary of the contents of “The Gold Standard Journal” issued on a monthly basis by “The Gold Standard Institute“. Misunderstanding ‘Social’ and ‘Democracy’ and the Abuse of Power (page 2): In this section, the author explains that politicians in Europe and the US are ignoring economic facts only to create an impression that the economy is doing fine. Actually the economy is not at all ok; there are enough facts that prove so. Politicians are (ab)using mass media to keep the focus on wrong facts. Not Orius! (page 5): The author points to the malicious effects of the Keynesian approach. He explains that Keynes his theory did […]

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Big Changes Ahead: Gold Just Became Money Again

| August 19, 2012 | Articles: Insights

On June 18, the Federal Reserve and FDIC circulated a letter to banks that proposes to harmonize US regulatory capital rules with Basel III. BASEL III is an accord that tells a bank how much capital it must hold to safeguard its solvency and overall economic stability. It’s a global standard on bank capital adequacy, stress testing, and market liquidity risk. Here’s the important bit: At the top of the proposed changes is the new list of “zero-percent risk weighted items,” which now includes “gold bullion,” right after “cash.” That’s the part to take notice of. If the proposals are approved by regulators – and that seems likely since adoption of Basel III will be– then […]

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Does China Plan a Gold-backed Renminbi?

| August 19, 2012 | Articles: Insights
Does China Plan a Gold-backed Renminbi?

We expect the Chinese central bank to continue gradually accumulating gold, and we think that it might be planning a gold backing for the renminbi. If that were to happen, international acceptance would soar. Not for nothing was the enormous amount of gold reserves in the United States (N.B. the US reserves were at 29,663 tonnes in 1953) along with military dominance a central reason for the US dollar becoming the global reserve currency. Since the Chinese current account surplus has been on a steady decline, the widely held opinion of the massive undervaluation of the Yuan seems to become more susceptible to questioning as well. Therefore, a quick internationalisation would […]

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Claudio Grass from Global Gold explains why and how Gold protects your wealth

Claudio Grass from Global Gold explains why and how Gold protects your wealth

August 1st, 2012. In the midst of the summer doldrums with a gold price flirting with the $ 1600 level and a silver price around $27 per ounce, Claudio Grass recorded his view on today’s economic climate. He is the managing director at Global Gold in Switzerland, a precious metals firm that provides a unique service for individual investors, professional investors and individuals who are concerned about protecting their assets against the ongoing debt crisis. In an audio podcast of 52 minutes, Claudio Grass shares a wealth of information and insights. He explains what the main reasons are to be invested in gold, as well as which gold investments you […]

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