Last Updated: Dec 3rd, 2009 - 11:05:19 Newsletters : 2009 Newsletters : 11 September 2009 Thought for the Day When it is all boiled down what produces the most benefit for people is "Low Taxes and Sound Money". The world has been moving in the opposite direction for many decades now. It is too late to expect that governments will see the light and institute the necessary changes. No government would vote for immediate hardship for the people even if they would eventually gain much more. Not when an angry backlash might risk their privileged positions. But change will come anyway. Sep 11, 2009, 14:09 Newsletters : 2009 Newsletters : 11 September 2009 End the Fed Ron Paul explains the truth behind Central Banking. Things look ugly. [ Visit Website ] Sep 8, 2009, 19:10 Newsletters : 2009 Newsletters : 11 September 2009 Why Is Capitalism So Unpopular? The difference between private industry and governments is that private industry asks you what you would like to have and then sets about producing it at a price you can afford. Governments tell you what you are going to do and then take whatever money they can from you to ensure your obedience. Why do people think that government has the answer? [ Visit Website ] Sep 8, 2009, 11:27 Newsletters : 2009 Newsletters : 11 September 2009 China, Bernanke, and the Price of Gold The official stance of macro-economists is that gold is a barbaric relic. The Chinese don't think so. Maybe they don't subscribe to official economics? The more that governments interfere with their economies the more trouble they find for themselves. Are China and America locked in a death spiral or can China pull free? Sep 8, 2009, 10:10 Newsletters : 2009 Newsletters : 11 September 2009 Inflation’s Moral Hazard One of our readers suggested I might enjoy this article. I certainly did and I trust that you will as well. "An age of loose money not only destroys savings; it corrodes character." [ Visit Website ] Sep 7, 2009, 10:59 Newsletters : 2009 Newsletters : 11 September 2009 The Government Can Truth in Humour. People are starting to understand. [ Visit Website ] Sep 3, 2009, 19:15 Newsletters : 2009 Newsletters : 11 September 2009 Massive Institutional Gold Market Change As fiat currencies expand so the gold story becomes more interesting. Are gold holdings really there? Do we really need to hold actual gold bars? [ Visit Website ] Sep 3, 2009, 12:48 Newsletters : 2009 Newsletters : 11 September 2009 The Trouble with Democracy: Maslow Meets Hoppe I think that New Zealand has been very well served by its politicians over the years. We are lucky. However this article has given me pause to think. They say that Democracy is the worst form of government except for everything else but perhaps the world is now at a stage where we can start to ask even more basic questions. Do we really need nation states? Can a nation state run itself without elected leaders and a bureaucracy? If we could do without government we would be very much wealthier and enjoy much more freedom - provided we weren't over-run by some envious neighbours or had our property taken by assorted villains. So we have a government and it sends our soldiers overseas to fight unknown people and takes our property when it feels like it. The life of a pawn is never easy! [ Visit Website ] Sep 1, 2009, 11:38 Newsletters : 2009 Newsletters : 11 September 2009 Gold Manipulation: “They Are About to Hit The Wall” Our search for the truth about New Zealand's decline has taken us from understanding about the importance of growth in productivity to the mysterious world if international finance. The story here is frightening. REAL Economics shows us that paper money systems will fail and usually do through hyperinflation. This is because politicians take the easy options to solve their currency problems until they reach the point of no return. This (rather long) article explains clearly the extent to which the US government has gone to maintain the paper dollar as the world reserve currency and to convince us all that it still holds its value. Things are certainly coming to a head. Searching for the truth and understanding it puts us in a unique position to profit from our study. [ Visit Website ] Sep 1, 2009, 10:51 Newsletters : 2009 Newsletters : 11 September 2009 Gold is Pale Because so Many Thieves Plot Against It The gold story heats up! "Keynesian and Friedmanite economists bear a special responsibility for the looming disaster. They dug in and monopolized their positions at universities and research institutes. They never allowed a free discussion on the gold standard. They did everything to aggrandize and perpetuate their own power as the sole advisers on government policy. They will not be able to live down this shame in a thousand years." So says Antal E. Fekete; Professor of Money and Banking, San Francisco School of Economics. Aug 31, 2009, 11:23 Newsletters : 2009 Newsletters : 11 September 2009 And They Sneer at Gold For Not Paying Interest Bankers Watch as Sweden Goes Negative. The Swedish Central Bank is determined that Swedes should have a good time. They are going to pay people to borrow money. As John McEnroe said, "You can't be serious!" Aug 31, 2009, 10:20 Newsletters : 2009 Newsletters : 11 September 2009 Quote for the Week Gold prices that jumped above $1,000 an ounce this week are signaling that investors are buying metals to hedge against declines in currencies. The gains are strictly a monetary phenomenon. Rising prices of precious metals and other commodities are an indication of a very early stage of an endeavor to move away from paper currencies. What is fascinating is the extent to which gold still holds reign over the financial system as the ultimate source of payment. Alan Greenspan, Bloomberg, 09 September 2009 Aug 11, 2009, 12:03