August 3rd, 2021 • Observing that this paper has value in the market, Fed apologists (and critics alike) imbue it with an almost mystical power: it has value because the government says so (and because the government has nuclear bombs). Therefore, it will always have value
July 28th, 2021 • Two of England's most famous kings—Henry I and Henry VIII—took very different approaches to money. Once there was a king who was only twelve inches tall. As the story goes, he was a lousy king but he made a great ruler.
July 26th, 2021 • Fifty years ago, on the evening of August 15, 1971, President Richard Nixon addressed the American people to announce several measures to address a trinity of economic problems engulfing the United States: specifically, mounting unemployment, rising infla
July 22nd, 2021 • President Joe Biden is in denial about inflation. This week he superficially addressed the problem by admitting the obvious – that prices have been rising rapidly this year – while denying that the inflation surge represents anything out of the ordina
July 21st, 2021 • Nineteenth century gold miners brought democracy and property rights to Australia, as well as riches. But the history was at times bloody.
July 1st, 2021 • By signing legislation last night, Governor Mike DeWine has officially ended Ohio’s sales taxation of gold, silver, platinum, and palladium bullion and coins, enabling the Buckeye State to join Arkansas as the two states having canceled taxation of the
June 24th, 2021 • Many people involved with the monetary metals may be eagerly awaiting Monday, when the "Basel 3" regulations on unallocated gold held by bullion banks take effect in the European Union, supposedly making the unallocated business prohibitively expensive.