I Testified Before the AZ Senate
byPlease bear with a brief quote from a favorite author of mine. I promise it relates to gold. Having fought in World War I,…
Honest Money
Ted Cruz Has The Best Idea In The Presidential Debate: A Return To The Gold Standard
byThe LA Times’s Michael Hiltzik recently wrote a column slamming the GOP field in general and one of the two front-runners, Ted Cruz, in…
Austrians get (some) mainstream credibility
byWell, well: who would have believed it. First the Bank for International Settlements comes out with a paper that links credit booms to the…
Advice to the Prime Minister/President
byYour country faces a stagnating economy. Let us assume your Prime Minister (or President if that is who holds the executive power) seeks advice…
Time to End Monetary Central Planning
byThere is no way to describe current Federal Reserve policy other than as monetary confusion and misdirection. In a nutshell, Janet Yellen and the…
Zero Hedge: After 6 Years Of QE, And A $4.5 Trillion Balance Sheet, St. Louis Fed Admits QE Was A Mistake
bySource: http://www.zerohedge.com/news/2015-08-19/after-6-years-qe-and-45-trillion-balance-sheet-st-louis-fed-admits-qe-was-mistake As you’re no doubt aware, the Fed is fond of using the research departments at its various branches to validate policy and…
Yield Purchasing Power: $100M Today Matches $100K in 1979
byI wrote a story about poor Clarence who retired in 1979, and even poorer Larry who retired last year. I created these characters to…
Open Letter to Alexis Tsipras
byDear Prime Minister Tsipras, First, congratulations for mustering the popular support to say “no” to the troika. The euro has long offered Greece a…
Central Banks and Our Dysfunctional Gold Markets
byArticle by Marcia Christoff-Kurapovna. Source: https://mises.org/library/central-banks-and-our-dysfunctional-gold-markets Many investors still view gold as a safe-haven investment, but there remains much confusion regarding the extent to…
George Gilder Shows Paul Krugman Why Modern Macroeconomics, Not The Gold Standard, Is Anti-Scientific
byJuly 9th was the anniversary of the most famous speech of any presidential campaign. William Jennings Bryan, in a speech to the 1896 Democratic convention, declaimed…