Tag: sound money

Sound Money Needed Now More Than Ever

Sound Money Needed Now More Than Ever

By Clint Siegner, Money Metals Exchange The sound money movement reemerged on the national political scene a decade ago. In 2008, the financial crisis brought in a fresh wave of U.S. gold and silver investors. Ron Paul and the Tea Party advocated for limiting government and ending the Federal Reserve system. Sound money advocates made real inroads in recruiting Americans to their cause based on evidence that the nation is headed for bankruptcy. The implications of the most recent financial crisis went way beyond budget and finance. Many Americans grasped the more significant lesson. The perpetual expansion of government spending lay behind the corresponding decline in personal liberty for them, […]

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Sound Money Takes Center Stage in Presidential Campaigns

Sound Money Takes Center Stage in Presidential Campaigns

Ben Carson, who currently shares the lead with Donald Trump in the polls, recently questioned the Fed’s role as the great facilitator of metastasizing national debt: “The only reason that we can sustain that kind of debt is because of our artificial ability to print money, to create what we think is wealth, but it is not wealth, because it’s based upon our faith and credit. You know, we decoupled it from the domestic gold standard in 1933, and from the international gold standard in 1971, and since that time, it’s not based on anything. Why would we be continuing to do that?”

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Debt Bubble: Twilight Zone Economics

Debt Bubble: Twilight Zone Economics

When debt is rolled over and never repaid, how much is the debt truly worth? Would you lend money to someone who assured you he could only repay the debt by borrowing a larger amount from another person? Clearly not, but this is normal in modern “twilight zone” finance. Gold and silver are real. All paper currencies and fiat debt are less real, less solid, and less reliable. Worse, these are becomes increasingly less real and more unreliable every year as governments devalue their currencies.

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Why You Should Have a Gold and Silver Seat Belt

Why You Should Have a Gold and Silver Seat Belt

Exchanging some of your “paper promises” (currency) for the physical financial reality of gold and silver on a regular basis makes more than just good business sense. It helps make sure that come what may in your financial life, your “financial insurance policy” will be there to help you out, when, not if, the chickens from so many years of unsound government policies come home to roost. Look toward Argentina, Venezuela, Russia and others as harbingers. Even now, the U.S. inflation rate is arguably several percent higher than the “official” figure. You would do well to pay attention and plan accordingly.

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The Circus Is In Town

| February 26, 2015 | Category: Economy
The Circus Is In Town

The US government has consistently increased its expenses from 1980 as shown and since 1913, not shown. SNAP (food stamp) program costs increased erratically and inevitably. This program alone consumes the entire official US gold hoard every four years. Really? Gold prices have increased erratically and exponentially since 1971. Given the exponentially increasing government debt and ongoing military adventures, gold prices will inevitably reflect the declining value of fiat currencies and rally much higher.

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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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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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Black Swans Could Be Triggered By Debt, War, Or Market Manipulation

Black Swans Could Be Triggered By Debt, War, Or Market Manipulation

Gold shines in the face of unstable money, weakening confidence in the reserve currency, trade and currency wars, fear of another shooting war, crude oil supply disruptions, and destructive foreign policies.

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Your Financial Future With Debt Based Currencies vs Real Money

Your Financial Future With Debt Based Currencies vs Real Money

If you are one of the few who understands and trusts real money – gold and silver – then take advantage of the current low prices, politics, and continual “money printing”. History is on your side in the ongoing conflict between unbacked debt based paper currencies and real gold.

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Hope versus Gold – Place Your Bets

Hope versus Gold – Place Your Bets

The inevitable conclusion of this article that, over the long term, money supply, debt, and prices will increase until there is a systemic reset or crash. What will endure throughout the inevitable inflation, deflation, and crash? Gold and silver will endure. Paper assets are only as good as the collateral backing them, and many of those assets could vaporize in a systemic reset. Physical gold and silver will survive and maintain their value, while the dollar and Treasury Debt may lose a good portion of their value and purchasing power.

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What Is Gold Really Worth

What Is Gold Really Worth

As the gold price rises, commodity demand may drop but monetary demand goes up. In the new Shanghai futures exchange, the amount of gold deliveries per month is almost equivalent to total global mine supply. So it is the monetary aspect that is overwhelming; it is not the commodity aspect that makes the difference.

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Get A Free Copy Of Sound Money Magazine

Get A Free Copy Of Sound Money Magazine

Sound Money Magazine has put together a free issue for all its readers who are interested in attaining information about the price manipulation in the gold market. The free issue is a compiled set of evidences with regard to the intervention by the Government and Central bank in relation to the gold prices.

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Real vs False Money – Key Insights From Monetary History

Real vs False Money – Key Insights From Monetary History

Where does money come from? Is its value constant or does it change? Are there risks associated with money? These are all important questions, because today’s monetary system combined with fractional reserve banking has a lot of risks. It is vulnerable to bank runs, inflation, and economic bubbles, to name just a few. In this article we extract 12 insights from a new report prepared by Global Gold Switzerland: “Real vs false money – How our monetary system works and fails.”

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