This podcast is a recording of a conversation I had on July 30th with economist Keith Weiner, CEO of Monetary Metals and president of the Gold Standard Institute USA. We intended to chat for about 20 minutes, but wound up talking for almost an hour and a half! Due to the length, I’ve broken it […]
The International Monetary Fund created the SDR in the late 1960s to supplement the gold and other currencies held by countries as their reserves. The value of 1 SDR was initially defined as the same amount of gold as 1 USD. At the time, the USD was convertible into gold, so most countries chose to […]
Filed under EUR, monetary universe, money gold, Money Supply, SDR, US Dollar by 
This week, government currencies and bonds were higher, while stocks and commodities were mixed. Long term treasuries, represented by TLT, had some of the largest gains both for the last week and the last month, but it may be time to sell – more on that later in this update. Bitcoin and the HUI gold […]
I got a great question in my email this morning, and I’d like to share it, and my answer, with you. Using your methods, how can one know when gold and silver are grossly overvalued? Much like the tech stocks around 2000-2001? I don’t think of it in quite those terms… I use gold as […]
Filed under gold prices, Interest Rates, money gold, Money Supply, price of gold, Silver, US Dollar by
With fiat currencies all over the world being manipulated by central banks, prices are being distorted beyond all recognition. Successful investing requires having a good idea what things cost, and what they are really worth – and using the world’s oldest and most stable form of money, gold, to compare prices is one way to […]
Filed under Bonds, Coffee, Commodities, Dow Jones Industrials, Economy, Food, Incomes, Money Supply, Silver, Stocks by
The last time we talked about the Dow Jones Industrials “breaking through” the 11,000 level was back in April. After spending about 15 days above the 11,000 mark, the Dow sank back below 10,000 in June, and again in July, after which it began working higher, bringing us to 11,006 on Friday, a level which […]
Filed under Dow Jones Industrials, Economy, monetary universe, Money Supply, Stocks by
Subscriber Kerry B wrote to me recently: I would love to see a long running value of the U.S. M3 in gold. I’ve wondered if this pool equals a relatively fixed gold value while the dollar price of gold reflects mainly the fluctuation in the amount of money in the pool. Thanks. I’m not sure […]
Filed under Economy, gold prices, monetary universe, Money Supply by