The Source of Profits in the Business of Financial Speculation
There is scarcely an endeavor awash with more debate, allure, dogma and contempt than the business of financial speculation. The entire investment community is often derided as ‘just a bunch of...
View Article40 Years of Fiat Currency – Is Gold as ‘Cheap’ as it was in 1971?
From 1971 the US Dollar was backed by Elvis Presley's Gold Records - All 141 of them! Originally Published on http://greshams-law.com/ Monday was the 40th anniversary of the irredeemable fiat dollar....
View ArticleThe ‘Art’ of Monetary Debasement
The fine art of Counterfeiting The ‘art’ of debasing money is a strange one (don’t worry, I use the term ‘art’ jestingly!). Here, I get to grips with this peculiar endeavor and consider the...
View ArticleImplications of the Grain of Respect that We Have for the Federal Reserve…
Behold, after a near-tripling in the total size of the Fed’s balance sheet over just three years, it seems that the monopoly producers of the world’s base currency have finally decided to act in a...
View ArticleThe Ever-Changing Means of Mr Doubter…
[Originally posted at Gresham's Law] Mr Doubter, otherwise known as the child who pointed out the Emperor’s lack of clothes, has always played a key role in monetary affairs. However, the tools with...
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