Gold
|
Might a Bitcoin Standard Be Good as Gold on Price Levels, Exchange Rates?
A monetary standard based on Bitcoin, a digital currency, would act something like the gold standard in making price levels more predictable and stabilizing exchange rates but would likely be undone by politicians and central bankers.
|
Texans May Be Writing Gold-Backed Checks Early Next Year
Texans’ writing checks as good as gold is just a few months from reality. In June, Texas state authorities selected the builder/operator and administrator for a depository that will store gold and other precious metals. The builder/operator, Austin-based Lone Star Tangible Assets, has an existing vault in North Austin that will be refitted and begin…
|
Texas Gold’s Homecoming May Be New Dawn for Alternative Currencies
Texas declared it wants to repatriate its gold, sending beams through the monetary world. Is this the long-awaited new day for alt-currency devotees or another false dawn? The Lone Star State is in the process of creating a gold-bullion depository that will enable it to repatriate $1 billion from vaults in New York, according to…
|
The Death of Bimetallism and the Gold Standard Act of 1900
In 1900, President William McKinley signed the Gold Standard Act, explicitly making gold the only commodity exchangeable for U.S. paper money.
|
Gold Also Glitters During Deflations
Empirical evidence shows that this proven inflationary hedge helps portfolios during any kind of price instability.
|
Investing in Gold
If you want to invest in gold, there are a variety of ways to do so. Here we sort out the pros and cons of each.
|
The Gold Market: A Primer
Gold is no ordinary commodity. The market for it is driven by its unique history as money and a store of value.
|
How to Own Gold
Gold has no official monetary role but central banks and individuals hold it for good reason. It serves as a store of value, a means of investment diversification, and as protection from economic or political crises.
|
The Gold Crisis: The Evolution of Commercial Banking
Economic Education Bulletin – 12/1960 *First EEB*
