Category Archive: 6a) Gold & Monetary Metals
The War on Gold Ensures the Dollar’s Downfall
Last month was the 89th anniversary of one of America’s biggest blunders on her descent from honest, sound money into weaponized political money: Executive Order 6102. Signed on April 5, 1933, U.S. President Franklin Delano Roosevelt required all persons holding more than five ounces of gold to deliver their “gold coin, gold bullion, and gold certificates, now owned by them to a Federal Reserve Bank, branch or agency, or to any member bank of the...
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Gold: A use case for the modern era
Part II of II
The big picture here is clear and it is essential to understand that it represents a very significant paradigm shift. Whether it is online or offline, whether it is through a mobile app, an exchange or even through physical contracts, ownership titles to gold holdings keep changing hands. And thus, no matter the vehicle that is used to facilitate these transactions, the fact of the matter is that it acts as a gold-backed...
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Gold: A use case for the modern era
Part I of II
For decades, physical gold investors have had to contend with superficial, naive and wholly ahistorical “arguments” from the mainstream financial press, from economists and experts of all stripes, claiming that gold is nothing but a barbarous relic. To them, the yellow metal is akin to investment superstition. It has no yield, it serves no practical purpose and the only attraction they could conceive of is merely symbolic, or...
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Is There a Case for the Pre-1914 Gold Standard? Yes, if You Believe Inflation is a Bad Thing
The Russian central bank recently announced that it will stop buying gold at a fixed rate and will instead buy them at the negotiated rate from banks. Following the numerous sanctions which were imposed on Russia. The Ruble had fallen tremendously against the US dollar, to get out of such a situation it had announced that it would buy gold at a fixed price of 5,000 rubles a gram until June 30.
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Alabama Passes Sound Money Law, Expands Sales Tax Exemption Involving Gold and Silver
With Governor Kay Ivey’s signature on sound money legislation today, Alabama has become the second state this year to expand its sales tax exemption involving gold and silver. Alabama Senate Bill 13, championed by Sen. Tim Melson and Rep. Jamie Kiel, passed with unanimous support out of the Alabama Senate and then passed unanimously through the Alabama House before making it to the Governor’s desk.
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Absolute Neutralität: dringlich nötig
Viele im Westen wurden durch die Sonderoperation der Russen in der Ukraine auf dem falschen Fuss erwischt. Der seit 2014 schwellende innerstaatliche Konflikt war und ist vielen nicht bewusst. Die grundlegenden Probleme mit ihrem geschichtlichen Hintergrund, welche die Operation verständlicher erscheinen liessen, sind selbst heute den Entscheidungsträgern unbekannt. Man hat das Gefühl, dass alles, was vor dem Einmarsch passiert ist, inexistent ist.
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Virginia Ends All Taxes on Purchases of Gold and Silver
(Richmond, Virginia - April 12, 2022) - By signing sound money legislation last night, Virginia Governor Glenn Youngkin has ended Virginia’s discriminatory practice of assessing sales taxes on smaller purchases of gold, silver, platinum, and palladium bullion and coins.
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Is Gold Starting to Behave Itself?
2022-05-14
by Stephen Flood
2022-05-14
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