Menu
by Tim Kelly A silver lining of the global economic crisis is that millions of people have been awakened to the importance of sound money to a modern economy. The housing bubble and subsequent bust, excessive leveraging, reckless speculation, and the s …
READ MORE
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. Corrections ensued, and the metals ended the year on a disappointing note for silver and an underwhelming note for gold. Equities for the sector were down, to way down for junior ventures, logging their worst annual return since 2008.
READ MOREChina’s banks use gold as legal currency A prominent economist says that China’s economic importance is growing strong and steady that the ailing US and EU economies will exchange their gold reserves for Beijing’s financial bailouts. G-20 leaders are f …
READ MOREIt’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 “usef …
READ MORE
A dramatic shift in gold purchases has occurred. In the third quarter of this year alone, net gold purchases by central banks amounted to 150 tons — more than double the amount of the whole yearly total of 2010.
READ MOREThe financial crisis in 2008, the uncertainty about the future of the Euro and the doubts on the efficiency of monetary policy has brought some renewed interest in the gold standard as an alternative monetary system; or, at least, as a benchmark to eva …
READ MOREUnlike some of his followers, Ludwig von Mises invested considerable part of his life studying policy issues with a thorough knowledge of the economic conditions and statistics of his native Austria (he even had an estimate of the number of leading ent …
READ MOREAt Free Banking blog, Kurt Schuller points to Ralph Benko’s reply to Roubini’s statements that “this idea of a gold standard is pushed every other day by these gold bugs [and] is not even a theory it’s a theology,” and that the return to the Gold Stand …
READ MORE
Libertarians, some Occupy supporters are among those calling for an end to the Federal Reserve
READ MOREThe Baring Crisis of 1890 is pointed out as the first modern international emerging financial crisis. The collapse of the banking system in Argentina came very close to triggering a financial crisis in London, the major international financial center. …
READ MORE“NEIN! But take all zee paper you wish…”
READ MOREIt is a common argument that the gold standard was one of the reasons of the Great Depression. The Federal Reserve, it is argued, was unable to follow an optimal monetary policy, with its hands tied with the gold standard regime. However, as Timberlake …
READ MORE
250 Division Street | PO Box 1000
Great Barrington, MA 01230-1000
Press and other media outlets contact
888-528-1216
press@aier.org
AIS is a fully owned subsidiary of AIER
This work is licensed under a
Creative Commons Attribution 4.0 International License,
except where copyright is otherwise reserved.
© 2021 American Institute for Economic Research
Privacy Policy
AIER is a 501(c)(3) Nonprofit
registered in the US under EIN: 04-2121305
