Category Archive: 6a) Gold & Bitcoin

A Gold Man In Monetarist Territory

Keith Weiner suggests that one should abstract from economic variables like CPI, U6 unemployment measure, M0 or GDP. We know that the Fed manipulates key variables of the economy; hence we live in a world of central planners, a socialist world, not much better than the period of Mao or Stalin. The gold standard is free of central bank manipulation.

Read More »

What Happens When Credit Is Mispriced?

Keith Weiner explains what happens when credit is mispriced. The rich are privileged because they can profit on the volatility and the bubbles the cheap credit createes.

Read More »

The Gold Standard For Democrats

Keith Weiner describes how the Fed pushes down the interest rate and due to that, it drives up prices of food and rents. This implies that businesses are clearly priviliged against workers. The gold standard does the opposite, if prefers savings and workers. Hence Democrats should be fan of the gold standard.

Read More »

Three Unexpected Reasons Why We Use the Paper Dollar

Keith Weiner argues that there are 3 reasons why we use the dollar. One, people don't care about what money really is. Two, people are indoctrinated in the ideology of central planning. Three, many people like to get something for free and they want continue getting it for free. Endless borrowing is simply not possible in the gold standard, but only with paper money like the dollar.

Read More »

Can The Fed Raise Interest Rates?

Keith Weiner argues that the question should be, not when the Fed will raise interest rates, but if. Before our central planners can raise rates, they must deal with a problem of their own making.

Read More »

Your Personal Debt Is Not Entirely Your Fault

When the cost of borrowing is too low, it becomes an irresistible siren song luring people into debt, borrowing becomes too cheap and spending too easy. No wonder that you don’t put 10% of your paycheck into the bank every month for future uncertainties. The Fed, with its zero interest policy, deserves much of the blame for your financial troubles.

Read More »

Why Can’t The Fed Spot Bubbles?

The topic of whether the Federal Reserve can see bubbles in advance, and what they can do about them, is hotly debated. The price of an earning asset depends directly on the interest rate. This is because of time preference. It is better to have your cash today than tomorrow. The Fed’s problem is that the calculation depends on a rate of interest that it heavily influences. Its analysis is therefore circular and self-fulfilling. It’s like taking a...

Read More »

Inflation=Counterfeiting

Keith Weiner explains why Inflation is, at root, a monetary fraud, it is finally caused by an increase in the money supply. The Fed deceives us into accepting this bad paper as currency by making its new dollars look like real currency. This is the very essence of counterfeiting.

Read More »

Why Did Both Silver and Gold Become Money?

Keith Weiner explains why gold and silver, two shiny metals, have become money. They fill different human needs, and evolved through different paths. Money solves a problem called the coincidence of wants. Moreover he looks on the choice between gold and silver.

Read More »

America Needs The Gold Standard More Than Ever

The United States needs the gold standard more than ever. The gold standard is neither barbaric nor impractical, and it is more urgently needed every day. This is because the standard of paper money is failing. It has set in motion an accelerating series of crises, each worse than the previous. The nation cannot continue to borrow to infinity, nor can the U.S. endure zero interest much longer.

Read More »

The Fed’s Bubbles Destroy Capital

Keith Weiner explains the relationship between hoarding and lending. He advocates that interest rates should not be repressed artificially, otherwise bubbles will arise that destroy capital.

Read More »

Government Debt: Not Unfunded Liabilities but Fraudulent Promises

According to Keith Weiner of the Gold Standard Institute USA, the U.S. government reports its debt at more than 17 trillion dollars, often called "unfunded liabilities". To put this sum in perspective, it’s well over 50 thousand bucks for every man, woman, and child in America. The best way to help everyone understand the truth is to use plain and accurate language. Instead of using the term unfunded liabilities, he suggests "fraudulent promises".

Read More »

Will “the 1%” Accept the Gold Standard?

Keith Weiner explains why the 1% wealth will not like the gold standard, they want to keep achieving trading profits caused by asset price inflation.

Read More »

The Mixed Economy: Plunder And Trade

Ayn Rand argued that it is the Communists’ intention to make people think that personal success is somehow achieved at the expense of others. What can we say about the goal of the Fed’s quantitative easing? The central bank’s every act over 6 years has been to force markets towards the opposite outcome that free people would choose, one example is Goldman Sachs that profited greatly on Fed's bail-outs.

Read More »

The Gold Standard For Skeptics



Read More »

Small Step Forward for Gold In Arizona

On February 4, 2015 Keith Weiner testified before the Arizona House Federalism and States’ Rights Committee in support of HB 2173. The bill would recognize gold and silver as legal tender and eliminates taxes on them.

Read More »

The Six Major Fundamental Factors that Determine Gold and Silver Prices

Gold and silver are the most complicated assets to price. Stocks, currencies, commodities mostly depend on their fundamental data, supply and demand. Gold and silver, however, are priced indirectly.

Read More »

New Swiss Gold Initiative Getting Attention When Parallel Currencies Might Challenge Swiss Franc

In Switzerland the ordinary people have started several initiatives to protect their savings against the establishment. After the first gold referendum failed in November 2014, a new gold initiative is trying to introduce a gold-backed Swiss currency, as parallel currency or investment vehicle. With the end of the EUR/CHF peg and the apparent risks caused by the SNB, the importance of the Gold Franc initiative has increased. Different groups want...

Read More »

The Gold Standard For Libertarians



Read More »

Vieles wird teurer doch das Deflationsgespenst bleibt am Leben

Die SNB wird nicht müde, uns vor der bösen Deflation zu warnen und die Inflationserwartungen tief zu halten: SNB: «Deflationsrisiken nochmals zugenommen» – Handelszeitung, 11.12.14 Mittelfristige Inflationserwartungen weiterhin tief und stabil – SNB,...

Read More »