Essays
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 unquestionably there is no legal...
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 permanent...
Alan Greenspan Is No John Law
Welcoming the world's central bankers to their annual summer conclave at Jackson Hole, Wyoming, last week, Fed chairman Alan Greenspan delivered a remarkable speech. In unusually clear language, he acknowledged the existence of a bubble in the financial markets, but...
Musings on the Realms of GLD
Much have I traveled in the realms of gold, And many goodly states and kingdoms seen. --John Keats, On First Looking into Chapman's Homer The world changed on Wednesday, June 20, 2007. This was the day when Merrill Lynch, as creditor, attempted to auction off $850...
After Monetary Collapse: Strict Reconstruction or More Bork?
The ghastly images of destruction and chaos streaming out of areas hit by Hurricanes Katrina and Rita held a grim fascination for gold bugs. And why not: what a mother lode of potent metaphor. The hurricanes as a black swan, the long-feared non-linear event that may...
Gibson’s Paradox Revisited: Professor Summers Analyzes Gold Prices
(RHH Commentary, August 13, 2001) 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 Unknown Ideal, available online at...
Gold and Deflation: A Dissenting Dissection
By happy coincidence, two articles on a subject near and dear to our heart recently appeared within a day of each other. The first was Steve Saville's Gold and Deflation (April 19, 2005). The second was Fred Sheehan's "Gold and the 'Flations," in The Gloom, Doom &...
Déjà Vu: Central Banks at the Abyss
The first Washington Agreement on Gold, announced in September 1999 at the close of the annual meetings of the International Monetary Fund and World Bank in Washington, D.C., placed limits for the next five years on the official gold sales of the signatories as well...
Fiat’s Reprieve: Saving the System, 1979-1987
Agent K: “Did he say anything to you?” Officer Edwards: “Yeah, he said the world was coming to an end.” Agent K: “Did he say when?” Men in Black (2001) Reading the pro-gold submissions incorporated in the Report of the U.S. Gold Commission twenty-some years ago is a...
Saving Canada with Gold Grams
Québec Libre: Gramme par Gramme (la version française canadienne) CONTENTS TABLE DES MATIÈRES Introduction Introduction 1. U.S. Dollar Imperialism 1. Impérialisme du Dollar É.U. 2. Looney-Tooney Land 2. Terre du Huard ($1) et du Polar ($2) 3. Free Gold for Free Trade?...
Speeches
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, particularly by those sworn to...
Viva la Restoration
Remarks of Robert K. Landis finews.ch Gold Conference Zurich, Switzerland, November 17, 2009 It is an honor and a pleasure to be here among so many good friends and great minds. I feel a special affinity for Zurich. It was the home of my friend and inspiration Ferdi...
Free Gold: Grease the Banks
(L'utilisation potentielle de l'or comme monnaie d'échange par l'industrie pétrolière) [Note: Prepared remarks by RHH for Gold Rush 21, The GATA Gold Conference, August 8-9, 2005, Dawson City, Yukon, Canada] Good Morning. Bonjour. The Gold Anti-Trust Action Committee...
Gold Is Money – Deal with It!
[Remarks by Robert K. Landis to the Association of Mining Analysts, London, England, October 2, 2003] Introduction Gold bugs don’t get out much. And it’s very rare that we get an opportunity to address mainstream opinion makers. So it’s a great honor indeed to speak...
The Once and Future Money
[Note: Presentation to the 2003 Spring Conference, “Beyond the Storm,” hosted by Sage Capital Management, Inc., Houston, Texas, March 12, 2003. The views expressed are mine alone, and not those of Sage Capital.] Good afternoon. I’m delighted to be here today. It’s an...
Money in Court: Paving the Road to Ruin
[Note: Presentation on Thursday, May 23, 2002, to a seminar at the Grocers Hall, London, organized by the Association of Mining Analysts and sponsored by Durban Roodepoort Deep on Prospects for Gold - A new era or more toil ahead?] As indicated on the program, your...