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A monetary standard based on Bitcoin, a digital currency, would act something like the gold standard in making price levels more predictable and stabilizing exchange rates but would likely be undone by politicians and central bankers.
READ MORETexans’ writing checks as good as gold is just a few months from reality. In June, Texas state authorities selected the builder/operator and administrator for a depository that will store gold and other precious metals. The builder/operator, Austin-bas …
READ MORETexas declared it wants to repatriate its gold, sending beams through the monetary world. Is this the long-awaited new day for alt-currency devotees or another false dawn? The Lone Star State is in the process of creating a gold-bullion depository that …
READ MOREEconomic Education Bulletin Vol. XXXV, no. 4 | April, 1995 by Richard Salsman
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In 1900, President William McKinley signed the Gold Standard Act, explicitly making gold the only commodity exchangeable for U.S. paper money.
READ MOREEmpirical evidence shows that this proven inflationary hedge helps portfolios during any kind of price instability.
READ MOREIf you want to invest in gold, there are a variety of ways to do so. Here we sort out the pros and cons of each.
READ MOREGold is no ordinary commodity. The market for it is driven by its unique history as money and a store of value.
READ MOREGold has no official monetary role but central banks and individuals hold it for good reason. It serves as a store of value, a means of investment diversification, and as protection from economic or political crises.
READ MOREEconomic Education Bulletin – 12/1960 *First EEB*
READ MOREResearch Reports – 1979, Issue: 04 Also: Consumer Prices A Practical Reason Why Central Bankers Will Not Phase Out Gold
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