Tag: monetary system

Governments Have Distorted the Meaning of Money

Governments Have Distorted the Meaning of Money

No government could remove the ringing echo of sound money from history, or from us. And government cannot camouflage its counterfeits with gold colored paint. You can experience sound money’s evident ring of truth for yourself. Toss any gold or silver coin on your kitchen table and you will hear the history of honest money ringing down through the centuries. And perhaps, thanks to grassroots projects like the Sound Money Defense League, you will hear the trumpeting of better days to come.

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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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The Price Of Gold And The Art Of War

| December 18, 2014 | Category: Economy
The Price Of Gold And The Art Of War

When growth slows in capital markets, the bankers’ daisy-chain of credit and debt breaks down; setting in motion defaulting debt which ends in recession, deflation or, in extreme cases, a deflationary depression. A deflationary depression is a fatal monetary phenomena where the velocity of money—circulating credit and debt—falls so low capital markets are no longer self-sustaining. This happens after the collapse of massive speculative bubbles such as the collapse of the 1929 US stock market bubble which resulted in the world’s first deflationary depression, the Great Depression of the 1930s.

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Infographic: The Many Phases Of Silver

Infographic: The Many Phases Of Silver

Like the moon, silver has many phases and is the most dynamic of the precious metals. Its dynamic properties give it the most uses of any metal, which include those in commerce, health and industry. In its first phase, silver acted as a monetary metal. This infographic describes how the Persian empire, the Greek and Roman empires had used silver in their economic and monetary system. In the second phase, silver was a health metal. In phase 3, silver played a role as an industrial metal; today, silver has thousands of uses.

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Ronald Stoeferle: Opposing Forces At Play In The Precious Metals Complex

| December 16, 2014 | Category: Investing
Ronald Stoeferle: Opposing Forces At Play In The Precious Metals Complex

When taking all ongoing trends into consideration, it becomes clear that there are opposing forces at play in the precious metals complex. U.S. Dollar strength and disinflation, supported by the ongoing oil price collapse, are providing headwinds for the metals; on the other hand, a recent rise in fear in the euro area, combined with continuing loose monetary policies, result in favorable conditions.

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Wall Street, aka United States, Pulls Off Another Destructive Coup

| December 13, 2014 | Category: Investing
Wall Street, aka United States, Pulls Off Another Destructive Coup

US banks are telling depositors that they will be assessed a fee for keeping deposits in banks. The banking system as it was initially set up in this country no longer exists. It used to be said of gold by bankers [and still is], that it does not pay any interest. Well, with certain banks, that now holds true for “cash.” how does this relate to silver and gold? Neither have any counter-party risk. An ounce of gold or silver will always be the same ounce.

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Expect Higher Gold Prices In 2015

| December 9, 2014 | Category: Price
Expect Higher Gold Prices In 2015

The dollar’s strength is helping to push commodity prices down, as many commodities are priced in dollars, including gold and oil, which in turn doesn’t help the efforts of the European Central Bank and the Bank of Japan to boost inflation in their countries. As more people become aware of what is really going on, they will accumulate physical gold and silver, and the prices will have to adjust to the real fundamentals and will no longer be determined by a handful of speculators. So, I expect to see prices trend higher in the New Year.

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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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Gold Price vs U.S. Debt Ratio In 2014: A Major Disconnect

Gold Price vs U.S. Debt Ratio In 2014: A Major Disconnect

Gold has tracked the expansion in US debt pretty handily. The correlation between the two is +0.86. In 2011, the rise in the gold price became overextended relative to the rise in US debt. Then it decoupled and went in the opposite direction. This is a similar trend to what occurred in the early 1980s. And if one expects that relationship to resume, then gold looks anomalously cheap relative to the rising level of US debt.

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Another Sign Of Gold Moving Back Into The Financial System

Another Sign Of Gold Moving Back Into The Financial System

Desirable or not, it’s happening. The US dollar’s days are numbered. Now, gold, with its millennia-long history is making a comeback. We’re not just talking about it as a store of wealth or a speculation, but as a regular form of currency.

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A Glimpse Into Our Monetary Future

A Glimpse Into Our Monetary Future

China is most likely evolving towards a gold backed Yuan. They are actively promoting the Yuan as a trade currency, as evidenced by almost daily announcements of bilateral swap agreements. On the other hand, the nations of the BRICS announced their own monetary fund which is evidence of a growing number of initiatives in which countries are moving out of the US Dollar. Putting all this together, it seems that an SDR based reserve currency with a more important weighting of BRICS nation and some parts in gold, is a very likely scenario.

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Precious Metals Will Rise With Dollar Demise, Just Not Soon

Precious Metals Will Rise With Dollar Demise, Just Not Soon

Once the grip of the fiat “dollar” gives way, and it is slowly losing ground, then the price for gold and silver will find their more natural value. Not until. When might that happen? It could be weeks, it could be months, maybe even another year or two, but whenever it happens, it is more likely to be an overnight “adjustment,” with little or no gradual rise, as many may expect. The price could be $1,300 or $1,800 one day, and the next day it could be $4,500 or $7,500 the ounce. No one knows for certain, but at least you know some of the options. Plan accordingly.

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The Coming Crash Of The Financial And Monetary System

The Coming Crash Of The Financial And Monetary System

In an excellent video presentation, Claudio Grass, Managing Director at Global Gold Switzerland, explains why a crash of the financial and monetary system seems inevitable. The presentation covers all actual issues like currency wars, rigged markets, central bankers’ interventions, statistics manipulation, monetary mismanagement and financial repression. Claudio Grass does an outstanding job “connecting these dots” but in a factual way.

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