Posts Tagged ‘ Gold ’

Currency Controls and the War on Money

Apr 11th, 2011 | By | Category: Currencies, Featured, Gold
If you keep your money or savings in US dollars inside of the United States, you are a risk taker of epic proportions. Have you not been paying attention to what is going on? To begin with, the U.S. Government now employs cash-sniffing dogs at most international airports. If you are ...read more


My Friendly Fights with Milton Friedman, Part II

Mar 30th, 2011 | By | Category: Economics, Featured, Macro Economics
When my book Economics on Trial (1991) was published, I prepared an advertisement with the headline: “Japan and Germany Win World War III,” followed by these words: “Their formula multiplies wealth so rapidly that they will achieve their goal of world domination by the year 2000.” In the ad, I ...read more


Milton Friedman’s Money Machine

Mar 21st, 2011 | By | Category: Featured, Gold, Macro Economics
Milton Friedman believed in the free market most of the time. The trouble was, whenever he approached the coercive monopoly known as civil government, he came up with logical solutions based on the idea that civil government can be made more efficient by adopting pseudo-market arrangements. He came up with ...read more


Gold vs. Guns and Badges

Mar 18th, 2011 | By | Category: Economics, Featured, Gold, Macro Economics
Do you trust men with guns and badges to provide long-term economic growth? Or do you trust the free market? When push comes to shove — recession — most people trust guns and badges far more than they trust the free market. Do you trust the Federal Reserve System to maintain prosperity? ...read more


Gold, Silver, Copper, Nickel and the Slow Death of Money

Feb 16th, 2011 | By | Category: Commodities, Currencies, Featured, Gold
A huge opportunity to hedge against both inflation and deflation is lying out there in the open. There are no transaction costs and right now there’s even a built-in discount. But most people will never realize any of this. In 1933 President Franklin Delano Roosevelt signed Executive Order 6102, which made ...read more


Gold Cares Nothing About U.S. Elections

Oct 18th, 2010 | By | Category: Featured, Gold, Politics
For those of us who recognize the complicity of both Republicans and Democrats in our economic calamity, it has been satisfying to see the party establishments of each pummeled this election season. But as far as averting the currency crisis I describe in The Dollar Meltdown, the gold market says ...read more


More Reasons Gold Is Going to $2,000

Oct 1st, 2010 | By | Category: Featured, Gold
The biggest holder of U.S. Treasuries isn’t happy. And why should they be? They’re sitting on the sidelines holding US treasuries worth $797 billion. That’s quite a chunk of change. Of course I’m talking about China. The Chinese have been the biggest foreign creditor to the United States and in recent statements they’ve ...read more


No Two Ways About It; Gold Over $2,000

Sep 29th, 2010 | By | Category: Economics, Featured, Gold
Since ancient times, gold has been a safe haven for investors worried about market volatility and political uncertainty. Even the rise of paper currencies hasn’t managed to kill the idea of gold in people’s minds. That’s because gold is no one’s liability — currencies come and go, but gold remains ...read more


Thriving with Gold and Juniors in the Greater Depression

Sep 27th, 2010 | By | Category: Featured, Gold, Personal Investing
The Gold Report: Doug, at a recent conference you said that the U.S. ought to default on its national debt now. Why that rather than letting it play out? Doug Casey: Several other things almost equally radical should be done besides defaulting on the debt. I recognize that an outright default ...read more


Is Deflation Looking to Pop the Gold Bubble?

Aug 16th, 2010 | By | Category: Featured, Gold
If Goldman Sachs is publicly bullish on gold, is that a good thing or bad thing for gold bulls? Wall Street's notorious trading house published a report on gold last week setting a price target of US$1,300 in the next six months. The report cited several factors. But before we get ...read more