Commentary 12 – 341719

May 26, 2000. Gold: Can’t Bank with It; Can’t Bank without It! The huge jump in the gold derivatives of Deutsche Bank and Dresdner Bank in the last half of 1999 invites all sorts of speculation, particularly when coupled with similar increases at Morgan...

Commentary21

June 18, 2002. Fork in the Road: Appeal of Right or the Right Appeal A decade ago in my essay The Golden Sextant, I urged the adoption of a modernized gold standard, both to bring the U.S. monetary system back into conformity with the Constitution and to reform the...

Trump’s Trump: Gold

“All paper money eventually returns to its intrinsic value — zero.” Voltaire (1729) ” Permit me to issue and control the money of a nation, and I care not who makes its laws.” Mayer Amschel Rothschild (1744-1812, attributed) “Most...

Chinese GPS: Payback in Full with Benefits

This sequel to The Golden Sextant offers an updated approach for a gold-based reform of the international monetary system. As used in the title, “GPS” refers to the Gold Positioning System proposed below. Gold and to a lesser extent silver have served as...

Constitutional Money: Don’t Ask, Don’t Tell

[Remarks of RHH prepared for GATA Gold Rush 2011, The Savoy Hotel, London, England, August 4-6, 2011] “Don’t Ask, Don’t Tell” may in certain situations be an appropriate response, but not to violations of the United States Constitution,...