Category Archives: Gold standard

Are central bankers giving up on fiat money?

“After years of selling their stocks of gold, central banks around the world are now buying bullion, according to a new study on the “Seven Ages of Gold.” Source: Central banks have been buying gold with a vengeance






Posted in Central banks, Free markets, Gold, Gold standard, Government debt | Comments Off on Are central bankers giving up on fiat money?

America Needs a Dose of Strong, but Necessary Medicine

The Fed’s easy money policies always ends in a bust…the sooner the better.  Source: America Needs an Old-Fashioned Depression






Posted in Banks, Business cycle, Economy, Federal Reserve, Gold standard, Inflation, Interest rates, Money | Comments Off on America Needs a Dose of Strong, but Necessary Medicine

The Real Reason the “Rich Get Richer”

I have know this for more than 40 years.  The chickens are coming home to roost.  If Bernie had talked about the Federal Reserve, he would be the nominee.  Ditto for Rand Paul.  “Time the Taskmaster DUBLIN – “Today’s money,” … Continue reading






Posted in Banks, Crony capitalism, Democrats, Donald Trump, Federal Reserve, Gold standard, Inflation, Politics, Precious metals, U.S. Dollar | Comments Off on The Real Reason the “Rich Get Richer”

Field trip with my colleagues to the Museum of American Finance

I spent this morning with three of my colleagues visiting the American Museum of Finance on Wall Street, down the street from the NYSE, the Trump building and a couple of blocks form the New York Fed.  Last week I … Continue reading






Posted in Banks, Central banks, Crony capitalism, Economy, Federal Reserve, Gold standard, Government debt, Money, Politics, U.S. Dollar | Comments Off on Field trip with my colleagues to the Museum of American Finance

Debt is crushing the global economy

“Max Keiser Financial War Reports” Source: [KR940] Keiser Report: Gold & World’s Debt Problems | Max Keiser






Posted in Business cycle, Central banks, Debt, Economy, Federal Reserve, Free markets, Gold standard, Government debt, Inflation, Interest rates, Money, Politics | Comments Off on Debt is crushing the global economy

Gold is on a roll because real interest rates are negative

Gold is in the second major bull market since President Nixon severed the last link between the dollar and gold on August 1971.  With negative interest rates around the world and real interest rates negative, gold will boom, again. In … Continue reading






Posted in Central banks, Gold standard, Inflation, Interest rates, Money | Comments Off on Gold is on a roll because real interest rates are negative

Greenspan does a 180

“Faking It   Under a gold standard, the amount of credit that an economy can support is determined by the economy’s tangible assets, since every credit instrument is ultimately a claim on some tan…” Source: Alan “Bubbles” Greenspan Returns to … Continue reading






Posted in Business cycle, Central banks, Crony capitalism, Economy, Federal Reserve, Gold standard, Inflation, Interest rates, Money, Precious metals, Welfare state | Comments Off on Greenspan does a 180

Greenspan Warns A Crisis Is Imminent, Urges A Return To The Gold Standard

Greenspan is reverting to his 1966 analysis, Gold and Economic Freedom.   “We’re dealing now in very early days a crisis which has got a way to go.  If we went back on the gold standard and we adhered to … Continue reading






Posted in Business cycle, Economy, Federal Government, Federal Reserve, Gold standard, Stock market, U.S. Dollar | Comments Off on Greenspan Warns A Crisis Is Imminent, Urges A Return To The Gold Standard