Economics
How Can We Escape?
I spent over forty years in the City of London very largely specializing in pension & trust fund management. The latter decade in tax effective investment. We live in a kleptocracy which seems to have [more…]
Gold
America
Sound Money Required for Real Budget Discipline
News here in the US has been full of the latest farce known as raising or not raising the debt ceiling. Today (Thursday, May25, 2023) the Wall Street Journal’s headline story reassures us that progress [more…]
America
Economic Evolution: Darwin’s Idiot Speaks, Part Six
Transfer of our capacity to manufacture goods and mine energy and resources to developing countries served to endorse our virtual assets as we established and dominated new markets with economic colonialism. Ludwig von Mises noted [more…]
America
Economic Evolution: Darwin’s Idiot Speaks, Part Five
FDR had abolished private ownership of gold money but retained gold as the underlying asset for U.S. currency, exchangeable one for the other. Variations in the price of U.S. currency in ounces of gold served [more…]
Collecting
Going for Gold – Part 11, 2023 Update
Since my last ‘Going for Gold’ article I have been asked, from time to time, for advice about the best type of gold to buy and where I would recommend buying it from. I will [more…]
Economics
Inflation Explained
Many people are confused about inflation, unsurprisingly because politicians & Central Banks want you to be confused. Let me give a few pointers, a quick glossary if you will. Monetary Inflation This is base camp [more…]
20th Century
Sound Money Can Prevent What Representative Democracy Does Not
One of the arrogances of “Western” nations is that our way of life and our liberties are protected by periodic elections as required by constitutions, written (America) or not (Great Britain), containing bills of rights, [more…]
Economics
Gold: A use case for the modern era, Part Two
The big picture here is clear and it is essential to understand that it represents a very significant paradigm shift. Whether it is online or offline, whether it is through a mobile app, an exchange [more…]
Economics
Gold: A use case for the modern era, Part One
For decades, physical gold investors have had to contend with superficial, naive and wholly ahistorical “arguments” from the mainstream financial press, from economists and experts of all stripes, claiming that gold is nothing but a [more…]