August, 2017

Hidden Forces of Economics, Gold & Silver Report 27 Aug 2017

We have noticed a proliferation of pundits, newsletter hawkers, and even mainstream market analysts focusing on one aspect of the bitcoin market. Big money, institutional money, public markets money, is soon to flood into bitcoin. Or so they say. We will not offer our guess as to whether this is true. Instead, we want to […]

Monetary Metals Adds Third-Party Fund Administrator

Monetary Metals Gold Exponential Fund is under supervision by NAV Consulting Group Scottsdale, Ariz, August 25, 2017—Monetary Metals announces that its Gold Exponential Fund™ is now supervised by third party fund administrator, NAV Consulting Group. The fund has been operating for five years, and has been given a clean report every year by its auditor, […]

Bad Ideas About Money, Bitcoin, and Gold Report 20 Aug 2017

Most false or irrational ideas about money are not new. For example, take the idea that government can just fix the price of one monetary asset against another. Some people think that we can have a gold standard by such a decree today. This idea goes back at least as far as the Coinage Act […]

Bitcoin Has No Yield, but Gold Does Report 13 August 2017

Last week, we said: It is commonly accepted to say the dollar is “printed”, but we can see from this line of thinking it is really borrowed. There is a real borrower on the other side of the transaction, and that borrower has powerful motivations to keep paying to service the debt. Bitcoin has no […]

Bitcoin Forked, and Gold and Silver Report 6 August 2017

So bitcoin forked. You did not know this. Well, if you’re saving in gold perhaps not. If you’re betting in the crypto coin casino, you knew it, bet on it, and now we assume happily diving into your greater quantity of dollars after the fork. You don’t have a greater quantity of bitcoins; bitcoin has […]

What Will The Coming Gold Standard Look Like

I gave a talk at FreedomFest last month. Unfortunately, the video was not recorded (not even the projector worked). However, the topic is so important that I recorded the talk back in my office, to put a video to put on the Internet. My talk covers 6 areas: Two pseudo gold standards What do people […]