Topic: Gold Standard

169740178_5fdd4dca54_b

Is the Table Set for a Mania in Precious Metals?

– June 7, 2012

It may feel like I’m out of touch with the precious metals markets to broach the subject of a mania today, but I think the table is being set now for a huge move into gold and silver.

READ MORE
43465547_f4d5d6f7e6_b

Gold and The Central Banks: The Game Theory

– May 24, 2012

“Collectively, the central bankers of the world might agree that they do not want gold to be remonetized. Individually, it is in their interest to defect from this consensus. As the American Century decays, individual motivations tend to become more prominent. You and I are not in a free market – but the central banks are.”

READ MORE
inflation-vs-deflation2

Can We Get Inflation AND Deflation at the Same Time?

– May 23, 2012

The current financial crisis, may progress to a phase where people demand and hoard dollar bills but take electronic deposit credits only at a discount which increases until electronic deposit credits are repudiated entirely. 

READ MORE
poorerthanever

Gold Tells the Truth

– May 17, 2012

Feel like your wages are buying less in real terms? They are

READ MORE
Two_20kr_gold_coins

Returning to a Gold Standard System: Why and How?

– May 16, 2012

The answer to ‘Why?’ is: because gold-linked stable money is superior to manipulated funny money. The answer to ‘How?’ is a bit more complicated

READ MORE
6952699501_065d7d7ace_k

The Real Debate On Gold And Money

– May 7, 2012

Engaged observers who otherwise were content with that central bank apathy awake to the possibility that flexibility for the Federal Reserve comes at the price of individual flexibility. More power for Chairman Bernanke necessarily means less power for you and me.

READ MORE
758131696_22963fac46_b

The US Dollar Vs. Gold

– April 27, 2012

The GFC is falsely named, since it is more accurately described as a global monetary war with the USGovt vigorously defending its franchise in the USDollar for crude oil and trade settlement, and for bank reserves management. 

READ MORE
gold-eagle-2013-obverse

A Gold-based Currency Board, Please

– April 25, 2012

Gold-based currency boards could transform Professor Mundell’s prediction into a reality. Currency boards have existed in more than 70 countries and a number are still in operation today.

READ MORE
BernankeOnGold

Contra Bernanke

– April 16, 2012

Another takedown of the Fed Chairman’s “lesson” at GWU.

READ MORE

Digging Up and Digging Down Gold

– March 30, 2012

The Gold Standard is the worst standard, except for all the others. In a recent post at Nada es Gratis (Nothing is Free), Jesús Fernández-Villaverde discusses a visit to the vault where gold is stored at the New York Fed. The post and subsequent commen …

READ MORE

Problems Facing Every Monetary System

– March 30, 2012

by Kurt Schuler Readers of George Selgin’s post just below should be aware that there is a an extensive comment section about it, including a few of his own remarks, over at Marginal Revolution. Now, on to what I promised to discuss in my last post, so …

READ MORE