Browsing All Posts filed under »Fiat Money«

Dollar Gold, Rand Gold, DOW, JSE Gold and HUI by H Moolman

October 11, 2010

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Let’s start with a big picture view. Below is a long term Dow/gold ratio chart. As you can see on the chart, it has just been one-way traffic the last ten years, with the ratio moving down from almost 45 to about 8.16. It seems that the next temporary stop might be between the 4 […]

Gold’s Rise And The Dow’s Fate by Hubert Moolman

June 24, 2010

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24 June 2010 In a previous article called Gold, Dow And The South African Rand (dated 24 May 2010), I stated: “we will probably have more of these scary drops in the gold price as we continue into this volatile phase of the gold bull market. The good news for gold bugs is that we […]

GOLD AND THE BUDGET DEFICIT – by Howard S. Katz

May 31, 2010

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In an honest money system, the basic unit will be a physical quantity of some monetary metal, such as silver or gold. You have undoubtedly heard of the pound sterling. That is because a few centuries ago British money was a pound of sterling silver. Under the U.S. gold standard act of 1900, a dollar was defined in law as 25.9 grains of gold (about 1/20 oz.), 9/10 fine. When you exchanged money for an economic good, you gave a physical quantity of gold or silver for the good. No problem, no complications – and the money system which led to the greatest wealth the world has ever known.

The Thing about Charts by Zarp

May 24, 2010

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Because with all the bailouts, the Authorities are devaluing the currencies ; That means your Income has to go up and up...and faster and faster. Yes, the Hyperinflationary Zimbabwe Effect is now a possibility in the Sphere of WESTERN Capitalism

GREECE – WHAT JUST HAPPENED by Howard S. Katz

May 24, 2010

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The only money which has prevented the depreciation of the currency in world history is gold or silver, and this is the only system which has brought prosperity to mankind.

Gold And Silver’s Big Move And The Very Special Circumstances That Cause It.

May 17, 2010

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By Hubert  Moolman  Gold From October 2008 to date the gold price has performed rather well. It is up 77.6% from the intraday low of $682 on 24 October 2008. It is of course not the only good up since then; in fact most goods are quite well up in nominal dollar terms. If a […]