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Many people in favor of sound money are making a claim that ought to be refuted. I believed myself for quite some time that the U.S. Constitution prohibits the states from accepting anything but silver and gold as legal tender or for paying taxes.
Drew Phillips and Ross Edwards have been active in making and marketing silver dime cards, making videos, and traveling to conferences (most recently, Liberty Forum in NH) to market the idea of using the dime cards as an example of a way to use this
Ron Paul's words of warning (1983-2008); The Debt Collapse: $20,000 Gold (by Michael Maloney); Ron Paul Interviewed by Mike Maloney (GoldSilver.Com); Ron Paul In "Why Gold & Silver?" Movie; Ron Paul questions Fed Res Chair Bernanke
Many believers in sound money are fond of coins and other traditional forms of precious metal bullion. They reminisce about a time when people carried their silver dollars in a coin purse tied to their belts.
For immediate release 03-01-12 Contact: Megan Duffield, megan@lineplot.com | 617-864-8300 x122 This is no handy working of Photoshop. During Ben Bernanke’s testimony to the Committee on Financial Services yesterday, Congressman Ron Paul responde
The world has an excess of fiat currency, yet world bankers seem ready to prove that the creation of yet more money will stimulate our economy. The more likely outcome is devalued currencies and a much lower standard of living.
Silver futures rallied 4.5% while gold settled at its highest level in three months amid growing investor interest in precious metals and a weaker dollar.
The ride continues,....
Ross from DontTreadOnMeme.com talks about the Silver Dime Card Project while showing off some card designs, plugging the new silver apps, and showing off some clever new t-shirts.
Gold mining operator Nordgold, a former subsidiary of Russia’s second largest steel-maker Severstal, saw its net results skyrocketed by 89% in 2011.
Two military planes carrying 17 tons of silver coins recovered from a Spanish ship sunk in 1804 have taken off from Florida. The treasure is being flown back to Spain after a nearly five-year legal struggle with the U.S.-based explorers who found and
In a final twist to a five-year legal drama, the Peruvian government today appealed to the US Supreme Court to prevent the return to Spain of mountains of salvaged 19th-century lucre that are sitting in a US air base in Florida, according to The Asso
Was this because of Greece, something said in last night's debate, or just common sense?
More the Buffet lemmings delay, the more opportunity for those who value gold as money. For me gold is money, a way to hold wealth and occasionally a speculative investment. Only when Buffet fiddles as the American middle class burns under
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When gold was undergoing its latest (and certainly not greatest) near-parabolic move last year, there were those pundits consistently calling for comparisons to 1980, and the subsequent gold crash.
It’s official. Starting October 1, 2012, Singapore will be the best place in the world to store gold.
This spring, some high school grads in western states have good job prospects. Metal prices, combined with a shortage of miners, means companies are hiring. Some teens are opting not to go to college, and instead are heading underground.
Crews renovating an old building get a big surprise when "sacks of gold" rain down from the ceiling.
Let's return to the gold standard ... It might be said that a simpler approach than Mr. Lehrman's might be the most likely way to get back to a gold standard.
China is poised to overtake India to become the world's biggest gold market this year as rising incomes fuel demand for the precious metal and a weak rupee diminishes Indian purchases, an industry group said Thursday.
When purchasing gold and silver bullion you are most likely motivated by the spot price, or market driven price, of your desired commodity. However, when it comes to purchasing your physical bullion there's a little thing called a "premium" that c
NumberSleuth.org took on the ever interesting task of breaking down the life of gold, including where it is, who has it, and where it's going. Some of the facts pulled from this beautiful graphic are astonishing. Did you know that all the gold in
The gold express pulled into the station back in December, merely a pause to consolidate its 9.3% gain for 2011. It let some passengers off and let others get on board before it rolled again. Now it’s about to leave the station again. It’s
When people talk about the "war machine," I sometimes wonder if they know exactly what it is. Many would say that the war machine is simply the United States military and it's far reaching tentacles that are the result of America's foreign policy...
Charles Goyette of American Breaking Point and international bestselling author of The Dollar Meltdown joins Daily Paul Radio with Kurt Wallace for ‘Iran and India Oil for Gold’ to discuss the impact of a direct exchange between India and Iran bypass
Thieves in Yreka, Calif., made off with $3 million in gold nuggets Wednesday after breaking into the Siskiyou County Courthouse and smashing a glass case that contained a display on the area's mining history, officials said.
The People’s Bank of China, the central bank, has been hinting that it is purchasing. “No asset is safe now,” said the PBOC’s Zhang Jianhua at the end of last month. “The only choice to hedge risks is to hold hard currency – gold.”
For those of you who didn't catch Part I, here is is again: http://silverunderground.com/2012/01/what-is-money-part-i/ In order to serve as a medium of exchange, a unit of account, and a store of value, money must have certain characteristics, or
Here’s something unexpected. According to IMF data, the central bank of Kazakhstan recently purchased 3.1 metric tons of gold, increasing its reserves by 4.2%.
About 1.24 million ounces of US coins were melted between 1966 and 1969. That's about 65% of every silver coin minted between 1916 and 1964. Since 1969, 70% or so of the remaining common date silver has been melted. "The Big Silver Melt" b
