Commodity Trade Mantra

Posts Tagged ‘Paper Currency’

Will We Return To A Gold Standard Any Time Ever?

The fact that government does not back the currency with anything tangible seems implausible &d insecure. Under the current academic environment, as generations have been misinformed, deceived & lied to, it is unlikely that a return to a gold standard will take place. Until the intellectual battle is won, paper money & central banksters that manage it will continue their reign of financial terror.

The Sooner You Realize That Gold Is Money & Not Investment, The Better

We’ve noticed there are quite a few myths and misconceptions about gold out there. Probably the biggest misconception investors have about gold is that it’s an investment. People check the price quote every day to see how their “investment” in gold is performing. The sooner investors realize that gold is money & not a conventional investment, the better off they’ll be. Here’s why.

It is all about Gold and Devaluing Fiat Currencies

Gold and silver were used because they held value, were universally recognized, accepted & convenient. Gold and silver were used as honest money until central bankers gained control over the money. If you prefer debt based fiat currencies that can be created by the trillions with a keystroke & devalued overnight, then by all means, trust in those dollars, euros & yen instead of gold.

Marc Faber on Cashless Society Insanity & Why Wall Street Hates Gold

Basically, everybody – the media, the government and the financial sector – detests and hates gold because it’s honest. You cannot print it and double the supply of gold overnight. They want to move into cashless society so they can control you. If they introduce a cashless society, I think it’s going to be very likely that the government will try to take the gold away from you.

US Mint Sells Nearly As Much Gold On First Day Of 2016 As All Of January 2015

First-day sales of American Eagle gold bullion coins was unprecedented, with the 60,000 ounces sold equal to roughly 75% of the 81,000 that sold in the entire month of January 2015. Silver coin sales jumped after the US Mint said it set the first weekly allocation of 2016 at 4 million ounces, roughly 4 times the amount rationed in the last 5 months of 2015, after a surge in demand.

Paper Money Versus The Gold Standard

Many critics of the gold standard consider this a rigid and inflexible “rule” about how the monetary system and the quantity of money in the society is to be determined and constrained. Yet, the advocates of the gold standard have long argued that this relative inflexibility is essential to discipline governments within the confines of a “hard budget.”

Problem, Reaction, Solution Does Not Apply To Gold And Silver

Why has not gold and silver responded to the reality of overwhelming demand for physical gold from China, India, Russia by the tons, and unparalleled public participation by the ounces? When a decision has been made to control a market, the reality of the natural laws of Supply and Demand are thrown out the window and are of no consequence, to the consternation of most.

Gold and Silver unlikely to Rally till US Dollar can Forge Appearance of ‘Health’

If & when the elite’s corporate operations fall apart due do the unsustainable debt creation & the launching of so many regional wars around the globe in the service of maintaining the fiat Federal Reserve Note, “dollar, as the world reserve currency, only then will we likely see the end of the decline in gold and silver and some degree of higher prices.

War is the Health of the State - Physical Gold and Silver can Protect You

Our current monetary system is the root cause of many evils of today. Without a monetary system that creates currency out of thin air, most of the wars that we have had and still have would simply not be financeable. By holding your wealth in gold and silver you are rejecting the current system and also protecting yourself from “financial tyranny”.

Why You Shouldn’t Panic About Your Gold Investments

There’s now a full blown campaign of hostility directed against bullion. Yet this shouldn’t tempt you to give up on gold just yet. It’s important to remember that a gold investment isn’t just an investment in the strictest sense. It’s a store of value that retains its worth when other assets collapse. Rather than thinking of gold as an investment then, think of it as a way to secure your wealth.

It’s Time to Hold More Cash and Buy Gold

Bank of America highlights problems with raising rates. The real economy in the U.S. is not currently strong enough to withstand a rise in interest rates. That raising rates could cause a shock to the markets & economy. To deal with this they advocate adding gold to one’s portfolio along with higher levels of cash.

What A Cashless Society Would Look Like

Those who generate real wealth & employment need support, not penalties on how they choose to go about their business. A cash ban does not address any substantive issues. What is needed is a sensible economic proposal & political courage to implement a Cashless Society, which so far seems to be lacking.

Use Magic Of Gold Silver Ratio To Increase Your Physical Holdings

The magic of compound interest is well known. What is lesser known is the magic of the gold silver ratio, not as a measure as it is mostly viewed, but as an application for increasing one’s holdings substantially, over time. There’s no magic involved, rather simply utilizing the market to more than double your holdings.

Prospects For Gold And Silver From A Russian Point Of View

We should act paradoxically when we deal with the West. We will sell Rubles to consumers of our oil & gas, and later exchange Rubles for Gold. If they do not like this, let them not do this & freeze to death. Before they adjust & this will take them 3 of 4 years, we will collect tremendous quantities of Gold. – Izvestia

How Low does this go before there’s a Currency Crisis?

We have somehow been conned into believing that the path to prosperity is for the grand wizards of the financial system to conjure paper currency out of thin air. Yet this notion of ‘money backed by nothing’ is an absurd fantasy that has failed every single time it has ever been tried before in history.

Owning Gold as a Hedge Against Paper Currency

A major reason why gold so often looks good is that the alternatives so often look so bad. Money, by definition, observation and experience, has no intrinsic value. It is just a way to hold your place in line. A virtual currency such as bitcoin may someday prove superior, but for now gold is No. 1.

Owning Gold And Silver Is All that Matters Now On

Circumstances are at such a point that one no longer needs a justifiable reason for being long physical gold and/or silver. Those who already own gold and silver will be protected, to a larger degree than otherwise, against the certain-to-come devaluations.

Readjusting the Time-Preference of Gold

Sooner or later a more realistic time-preference for gold is bound to return as leasing by central banks dries up. This explains why GOFO tried to go negative on several occasions in 2013. All that’s happening is time-preference is beginning to be rightfully re-instated.

The Indian Gold to Silver Investment Demand

Indian investors are opting to buy Silver as a temporary and cheaper alternative to Gold given that the government has been attempting to thwart gold imports with higher tariffs and other curbs.

Silver: The Noise is Deafening!

Are you stacking Silver and Gold and feeling secure? Or are you expecting central banks and politicians will take care of you with unbacked paper money, promises and more promises?

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