Friday, February 10th, 2012
Here's a hint: He is not using it to print pictures of live presidents.Presented by Robert P. Murphy at "The Inflationary Path to Despotism," the Mises Circle in Phoenix, Arizona, 10 April 2010. Sponsored by James M. Rodney. Includes an introduction by Douglas E. French.
Thursday, January 26th, 2012
The cost to America's economy, by destroying savings and price signals, is too great; the power of the Fed must be rolled back, then eliminated.
Thursday, January 12th, 2012
Have you ever wished you had all of the gold in the world? Or that you had the courage to put everything you owned on one spin of the roulette wheel? Well, what if you did, and won, and you were still broke again by June? Welcome to the world made possible by unsound money:
Wednesday, January 11th, 2012
2011 was remarkable in many ways for the precious metals markets. Gold soared to new highs in early September, hitting at an intraday record of $1,920/ounce on the fifth. Silver screamed to within a hair of $50 on April 28.
Monday, January 9th, 2012
WASHINGTON—The U.S. economy ceased to function this week after unexpected existential remarks by Federal Reserve chairman Ben Bernanke shocked Americans into realizing that money is, in fact, just a meaningless and intangible social construct.
Monday, December 19th, 2011
It’s amazing how so many people don’t get gold. It’s only been 40 years since the dollar was completely severed from it’s once proud golden heritage, yet most finance and econ people are wont to consider gold just another commodity—and a not very “useful” one at that.
Tuesday, December 13th, 2011
The last two years marked a significant shift in central banks' attitudes toward gold. Since 1988, central banks have been net sellers of the precious metal. Lacking convertibility of their paper currencies into the commodity, this occurrence makes perfect sense.
Friday, December 9th, 2011