(ZeroHedge) – There should be three objectives for a well-functioning monetary system: i) internal balance, ii) allocative efficiency and iii) financial stability. The international financial and monetary system (IFMS) has functioned under a number of different regimes over the past 150 years and each has placed different weights on these three objectives. Read the rest of this entry »
(RussiaToday) – In this episode, Max Keiser and Stacy Herbert discuss flash crashes, reputation woes on the U.S. exchanges and sheep screaming at all the fraud. Max also talks to one of the Queen’s sheep for its opinion on quantitative easing. In the second half of the show, Max Keiser talks to Jim Rickards, author of Currency Wars, about QE to infinity, the dollar, the euro and a gold standard. Read the rest of this entry »
(ZeroHedge) – Stranger than fiction perhaps but the FT is reporting that the gold standard has returned to mainstream US politics for the first time in 30 years with a ‘gold commission’ set to become part of official Republican party policy. Read the rest of this entry »
(ZeroHedge) – As we mark the 41st birthday since Tricky Dick sentenced the Gold Standard to death here is a look at how it resulted in our Economic Purgatory. Read the rest of this entry »
See Also: (Reuters) – Euro Zone Agreement Only Partial Solution: IMF – More Here
(PressTV) – The Pentagon has undertaken war games on currency and finance as countries jostle for survival and position with the Euro in danger of collapse.
Press TV has talked with Max Keiser, financial analyst in Paris about the new economic treaty proposal between Germany and France to rescue the collapsing Euro and the impact this could have on other countries if approved. Read the rest of this entry »
(ZeroHedge) – Ron Paul lays it out: “We know what to do - we did it once after the Civil War period, we went from a paper standard back to the gold standard, and the event wasn’t that dramatic. But today the big problem is that both the conservatives and liberals have an big apetite for big government for different reasons, therefore they need the Fed to tie them over and monetize the debt. So if you don’t get rid of that appetite it’s going to be more difficult, but the transition isn’t that difficult. Read the rest of this entry »
(USAToday) – Ron Paul supporters hit Perry, Romney in new ad
A super PAC trying to help Texas Rep. Ron Paul is out with a new video deriding Rick Perry and Mitt Romney as “plastic men” while slamming the news media for making the GOP presidential nomination fight into a choice between “this pretty boy or that pretty boy.” View More Here
(RealityReport) – Video: Tom Woods – How to Make History for Ron Paul
After speaking to the International Press and appearing on Freedom Watch with Judge Napolitano while in New York City, Tom Woods takes a few minutes from his busy schedule to share how we can make history for Ron Paul, and America, in 2012. Video Link Here
(Fox) – Video: Ron Paul Vs. Dick Cheney: ‘Dick Wants To Be A Dictator’
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(GoldMadeSimpleNews) – Watch congressional hearing by Ron Paul on a return to the gold standard
Yesterday the Chair of the sub-committee on the domestic monetary policy (and Presidential candidate) Ron Paul, held an hour long hearing on monetary reform and the return to a gold standard.
Ron Paul has almost single handedly bought the issue of monetary reform and need for commodity based money into the mainstream. And yesterday was an example of just how far this debate has gone in the States where now hearings are being held on how to achieve once again linking currencies to money (gold). Read the rest of this entry »
This time, Max Keiser and co-host, Stacy Herbert, talk about French President Nicolas Sarkozy going postal on JP Morgan CEO, Jamie Dimon and about the US Drug Enforcement Agency goes Village People with their big lipped rubber ducky for sale. In the second half of the show, Max talks to Sandeep Jaitly of Bullionbasis.com about a gold standard, backwardization and the Austrian school of economics. Read the rest of this entry »
(RussiaToday) – This time Max Keiser and co-host, Stacy Herbert, talk about accounting tweaks and super cycles. In the second half of the show, Max talks to Michael ‘Woody’ O’Brien about the gold standard and silver. Read the rest of this entry »
In the latest edition of the Reality Report Gary Franchi looks at the recent activity revolving around the planted Ink Bombs placed on planes before the election and the Mystery Missile over Los Angeles. Are these all simply coincidental happenings or direct presidential advice from democratic strategists? Nina breaks down the headlines on recent TSA abuses, new disclosures regarding the Pennsylvania Department of Homeland Security spy methods, and the latest call for a return to the Gold Standard from an unlikely foe Read the rest of this entry »
Hard money enthusiasts have long watched for signs that China is switching its foreign reserves from US Treasury bonds into gold bullion. They may have been eyeing the wrong metal. Read the rest of this entry »
Hard money enthusiasts have long watched for signs that China is switching its foreign reserves from US Treasury bonds into gold bullion. They may have been eyeing the wrong metal. Read the rest of this entry »
The following article was first written in 1998. I am relinking it here not so much as to say “I told you so”, but to point out that the long term economic future of the United States was obvious, or should have been obvious, to the people who are awarded lofty degrees and paid huge salaries to comprehend such things. Instead, the economists persisted in explaining away the visible signs of gathering troubles and earned their salaries by justifying why the policies that robbed the poor to give to the rich should continue unabated. Read the rest of this entry »
Kudlow praises Paul for his performance at the Federal Reserve hearings. Paul stands up for hard money and a gold standard while the panel makes excuses for Bernanke. Read the rest of this entry »
Kuwait de-pegged its currency from the dollar last year. Now Qatar and the United Arab Emirates are considering following suit. Read the rest of this entry »