Wednesday, 23 July 2014

Monthly Archives August 2011

Is Gold Money in the U.S.? What is a Dollar?

Posted by Gonzalo Schwarz
August 30, 2011

From the Federal Reserve: “’Is gold money?’ [Texas Congressman Ron Paul] asked.  Clearly bothered, [Federal Reserve Chairman] Bernanke told the representative, ‘No. It’s a precious metal.’” From the U.S. Mint: “Immediately afterward, Mint Director Fore held a ceremony on the auction floor to make the Double Eagle [gold coin] legal tender. ‘In order to monetize […]

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Monetary Summit Today in Utah

Posted by Alex Chafuen
August 30, 2011
in Events

I am planning to join some of the sharpest minds in business, finance, politics, law and economics, who are working to promote a framework for the future of monetary policy.  With the dollar’s slide accelerating and the economy trapped by slow growth and rising inflation, the world is calling out for sound money.  What will […]

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Congressman Mike Pence and Judy Shelton on the destructive moral and economic effects of monetary manipulation

Posted by Alex Chafuen
August 25, 2011

Atlas and FreedomWorks, each with its own mission, work to promote educational programs in favor of sound money, this 5 min video Congressman Mike Pence and Judy Shelton on Sound Money has Congressman Mike Pence and Judy Shelton, co-director and great star of our sound money project, making outstanding points.  Contact C-Span to purchase the […]

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Investing in gold, loving the free society

Posted by Alex Chafuen
August 11, 2011

My late economic professor and mentor, Hans F. Sennholz, practiced what he preached.  His example added to the strength of his classes.  Forecasting the great weakening of paper money he invested in gold and silver.   He had mixed feelings.  “As gold investors we may rejoice about the soaring gold price, but as members of […]

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Checkmate?

August 10, 2011

The turmoils affecting the economics and financial markets in the United States and Europe do not seem to go away as fast as anyone would want to. Those who warned that this may be a crisis with a “W” shape may well be right. The recent downgrade in from AAA to AA- in the short […]

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