Commentary20

May 20, 2002. The Gold Jungle Book The British gold auctions were announced on May 7, 1999, as gold prices rose to around $290/oz. and threatened to breach $300 due to doubts that proposed gold sales by the International Monetary Fund would proceed. The final auction...

Commentary 22

November 27, 2002. Arbitration Tribunal Awards Additional Compensation to Former BIS Shareholders The Bank for International Settlements may have dodged justice at the hands of the U.S. federal courts in New York and Boston, but it did not escape altogether. In a...

Commentary 18 – 196905

August 13, 2001. Gibson’s Paradox Revisited: Professor Summers Analyzes Gold Prices Due in no small measure to articles he wrote as a young economist, especially his 1966 essay “Gold and Economic Freedom” (reprinted in A. Rand, Capitalism: The...

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...

Kinam Settlement

Court Approves Supplemental Final Distribution in Kinross – Kinam Preferred Class Action Litigation In an Order entered on October 15, 2010, the United States District Court for the District of Nevada approved a final supplemental distribution from the net...