This post was written by Jeff Deist, former President of the Mises Institute. Jeff will be joining Monetary Metals full-time as General Counsel in May. I am exceptionally pleased to join Monetary Metals after ten years at the Mises Institute. Offering yield on gold is both simple and yet novel in today’s modern context. […]
People constantly tell me that Trump is deregulating. What’s the proof? Well, the stock market is going up. Unemployment is going down. It is impossible to explain to them what they knew when Obama was president: a rising stock market and falling unemployment do not mean that the president’s policies are good. But now they’ve […]
Jamie Dimon, JP Morgan Chase Brian T. Moynihan, Bank of America Michael Corbat, Citigroup Gentlemen: On Friday, I attended a digital money summit at the Consumer Electronics Show. I am writing to you to warn you about the disruption that is about to occur in banking. There are many startups (and larger companies too) that […]
Last week, a story broke about Fed whistleblower Carmen Segarra. I wrote an article on Forbes about it, Disgruntled Fed Lawyer Blows Whistle on Regulatory Capture. Segarra is a former Fed regulator assigned to supervise Goldman Sachs. She secretly recorded 46 hours of audio from her meetings, during her short stint on site at Goldman […]
An article caught my eye this week. The Tirumala Tirupati Temple in India has deposited gold at the State Bank of India, and is getting paid interest on their deposit. There is something unique about this. The interest is paid in gold. To understand why no one else is paying interest in gold, let’s first […]
Government spending is out of control and, while most say they want spending cuts, people oppose cuts that impact them. Among those who get government money, there’s practically an unspoken, unbreakable pact to keep the money coming. But when I say that the national debt cannot be paid off, it’s not a political forecast; it’s […]
Author Pater Tenebrarum, Acting Man We recently cited the work of Sean Darby, equity strategist at Jefferies, regarding the exposure of Hong Kong banks to the Mainland (see: “How Dangerous is China’s Credit Bubble for the World” for details). Although Hong Kong is technically part of China, it is a foreign country in terms of its […]
This video has been submitted into the Amagi Metals video contest www.amagimetals.com
I hope this essay provides some food for thought. It is not my intention to insult or belittle anyone, but using humor and cold logic, to help people understand an abstract topic with many counterintuitive principles. The ultimate goal is to protect what you have and make some more (in that order). Gold is money. […]
During the recent exponential rise in the price of Bitcoin, there were jokes all over the Internet about the fall of the dollar—more than 80% in Bitcoin terms. Why not measure the value of the dollar in terms of tulips? One must measure the more variable unit with the more constant. Dollars are used to […]
