Category Archives: The History of it All

Remarks in Congress: AN ASTOUNDING EXPOSURE Quotations from several speeches made on the Floor of the House of Representatives by the Honorable Louis T. McFadden of Pennsylvania. Mr. McFadden, due to his having served as Chairman of the Banking and … Continue reading →

Fifty years ago this Sunday, the gold market was completely transformed in only a matter of minutes after then-president Richard Nixon decoupled the U.S. dollar from the precious metal. Although gold is no longer an official global currency, analysts note … Continue reading →

…but he was “no Crook!” Since August 15, 1971, the US dollar has been completely severed from gold. President Richard Nixon suspended the most important component of the Bretton Woods system, which had been in effect since the end of … Continue reading →

Just in case some of you young whippersnappers (& some older ones) didn’t know this. It’s easy to check out, if you don’t believe it. Be sure and show it to your family and friends. They need a little history … Continue reading →

Gold Coinage of the Latin Monetary Union After Brexit, there has been a growing number of voices within the European Union and among various nationalistic groups arguing that English should be replaced as the official language since now only Ireland … Continue reading →

Discover 3 of the largest gold nuggets ever found on earth and the stories behind their discovery… THIS is the story of Our banner image … Gold. Its story is our story. Its discovery drove, inspired and expanded America, paving … Continue reading →

Economical Documentary on the international financial system, Gold, Dollar, Money. In 2008 the world experienced financial turmoil. Markets crashed, stocks plummeted, and financial institutions thought to be invincible, collapsed. Was the financial crisis solved or were the problems merely kicked … Continue reading →

In the beginning… As an outpost of Great Britain, colonial America of course used British pounds, pence, and shillings as its money. Great Britain was officially on a silver standard, with the shilling defined as equal to 86 pure Troy … Continue reading →

Something a bit unusual for this site and what follows will describe said image in detail. You will note that a blown up version of this work of art is currently displayed as the background image for Sierra Madre Precious … Continue reading →

Up until recently I had never given much thought to the subject of economics. I never took an economics class in school and my understanding of the subject could be best explained by, “Don’t spend more than you earn.” However, … Continue reading →