During times of universal deceit, telling the truth becomes a revolutionary act.
October 30, 2016 marks an important holiday in the Indian culture. Diwali begins. Diwali is one of the biggest festivals for Hindus, Sikhs, and Jains. It is a lavish celebration of the victory of light over darkness. Diwali celebrations entail gleaming candles, luxurious works of art, opulent feasts, and the observance of good over evil. … Read more »
Assuming you had the money, would you loan $10,000 to be paid back over 30 years plus 3% interest? What if inflation skyrocketed? That would benefit the borrower and deeply harm you as the lender. Even if you were repaid, the declining value of those repayments wouldn’t come close to making up for your loss … Read more »
Fiction, Fairy Tales, and Fiat By Guy Christopher, Originally Published on Money Metals Exchange Do young Americans today know anything about economics? No, they don’t, according to a study during the 2016 presidential primary season, which says lots of other Americans don’t either. The survey found 58% of millennials favor government-run socialism (statistically 6 out … Read more »
Imagine if you asked a grocery clerk to break a $5 bill, and he charged you a 35 cent tax. Silly, right? After all, you were only exchanging one form of money for another. But try walking to a local precious metals dealer in more than 25 states and exchanging 20 Federal Reserve notes for … Read more »
A major national precious metals dealer announced today the creation of the first gold-backed scholarship fund to support outstanding students who understand that gold is money and can articulate the failures of the inflation-creating Federal Reserve System. Money Metals Exchange, a national precious metals dealer recently ranked “Best in the USA,” teamed up with the … Read more »
Originally published at Tenth Amendment Center The Constitution of the United States of America is not merely a set of suggestions. So when the Constitution says, in Article I Section 10, “No state shall make any Thing but gold and silver Coin a Tender in Payment of Debts”, it means exactly that. Recognizing that the … Read more »
By Guy Christopher, Originally Published on Money Metals Exchange The very first word anyone ever saw on a circulating United States coin was the word “LIBERTY.” From half-cents to silver dollars, each featured the likeness of an unnamed woman. The images varied, thanks to different engravers, but together they became recognized as Lady Liberty. Many, … Read more »
By Clint Siegner, Money Metals Exchange “Money is the barometer of a society’s virtue. When you see that trading is done, not by consent, but by compulsion – when you see that in order to produce, you need to obtain permission from men who produce nothing – when you see that money is flowing to … Read more »
There’s nothing like a crisis to drive market prices. This time around, with the very future of currencies and nations directly intertwined, gold and silver are poised to be the very bastion of neutrality and relative safety. A Switzerland amid a global currency war. It was no surprise to see gold increasing as a result … Read more »
One of the chief virtues of a gold standard is that it serves as a restraint on the growth of money and credit. It makes runaway government deficit spending and major monetary catastrophes such as hyperinflation practically impossible. Opponents of a gold standard can’t defend the political malpractices that are enabled by a fiat currency … Read more »
By Jp Cortez of Sound Money Defense League Competition is a good thing. It brings out the best in athletes. It brings out the best in students. It brings out the best in companies. Since monopolies remove the positive effects of competition, however, it makes sense to reexamine one of the most detrimental monopolies that … Read more »
Stock market gyrations and deteriorating global economic conditions in the early goings of 2016 sent investors fleeing for safety. Or at least what is commonly thought to be safety. Many in the financial media are now trotting out the bromide that “cash is king.” A sampling of recent headlines illustrates how pervasive the thinking is: … Read more »