Keith WeinerPresident, Gold Standard Institute USA Oct 2, 2012
Dear Mr. Butler:
I read your article about silver manipulation at 24hgold.com.
I am responding as someone who wants free markets. I want to make one thing clear before I proceed. We have no free markets anywhere today. Without constant government intrusions into the markets, the paper [...]
Here is a great graphic on little known facts about gold. Just think about 26 million solid gold Rolexes. Enjoy!
Here is John Tamny’s take on the possibility of the return to a gold-based monetary standard, and the origins of the Gold Commission. His analysis is excellent though we may disagree on his conclusions about which gold standard would be optimal. This article originally appeared on Real Clear Markets.— JH
(See LINK to prior article.)
The message of that June 9, 2011 post was: risk off. And so it came to pass that stocks collapsed shortly thereafter, and industrial commodities suffered bear markets. Since then we know what’s happened to global economies and stock markets. What most don’t realize is how weak the U.S. stock market [...]
Silver, wine, art, and gold have been touted as the investment alternatives for wealthy investors, many of whom have been pounded in the financial markets. We have certainly seen this in the art market where the recent sale of Munch’s iconic The Scream went for $120 million at auction. That reportedly went to, of course, financial giant [...]
What backs the money in the present irredeemable paper system? Start by considering this brief anecdote. Joe buys some equipment from John, to be paid Net 30. We say that Joe owes John $10,000. Next month, Joe comes back and gives the money to John. Joe is out of debt, but [...]
There are many books on the market today about the coming collapse of the global dollar-based monetary system. Many of them purport to help the reader “profit” from the collapse(!) Others are filled (just like the blogosphere from which they often come) with dark, conspiratorial whispers, psychologizing of leaders in government and finance, and preposterous [...]
I define a “goldbug” as someone who does not necessarily think that gold is money, but who feels that speculators in real estate, stocks, and bonds have had “their turn” and now it is time for the gold price to skyrocket. Goldbugs and silverbugs have been screaming about “manipulation” for many years. I have written [...]
The gold:silver ratio is the price of gold divided by the price of silver. It may be thought of as the price of gold in silver terms. Today, this ratio is around 58; it takes about 58 ounces of silver to buy one ounce of gold.
I think this ratio is likely to move higher. [...]
This article is by Sovereign Man associate, Tim Staermose, billed as their “Chief Investment Strategist.” If you wish to know who is buying gold, here is an answer. — JH
Did you know that, according to Capgemini and the Royal Bank of Canada’s latest World Wealth Report, there are now more millionaires in Asia than North [...]