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Category Archives: The History of it All
Copper Price History: A 2,000-Year Overview
“Take that copper!” ~ James Cagney, Angels With Dirty Faces, Dir. Michael Curtiz; Warner Bros, 1938 Right off the bat, copper is a very different metal. Like gold, it’s easy to work with for relatively simple tools and technologies, but … Continue reading
America Finally Found the Lost City of Gold
In the early 1530s, a Spanish conquistador named Diego de Ordaz was exploring modern-day Venezuela when he first heard rumors of a nearby City of Gold. Ordaz thought he was about to hit the jackpot. And he wasted no time … Continue reading
Banks pressured to repeat causes of 2008 financial crises
As the media begins to roil with reports of bank delays in the distribution of business recovery loans from the government plan to save business from the effects of quarantine and closure, it is important to ask if there is … Continue reading
Back to the Future ~ February 27, 2020
About once a year we will return to a series of posts from the past – most – if not all of them will come back to haunt us once more. BEWARE of the repetition of history. ~ Ed. Glass-Steagall … Continue reading
1864 – Gold Speculation
The Union’s financial success depended on military success. As presidential aide John Hay wrote in an anonymous newspaper article in January 1862 when any movement by the Union Army was stalled: “The Secretary of Finance has displayed wonderful zeal and … Continue reading
The Federal Reserve: An Astounding Exposure, 1934
“You are a den of vipers and thieves. I intend to rout you out, and by the Eternal God, I will rout you out.” ~ President Andrew Jackson ~ Prologue ~ On May 23, 1933, Congressman, Louis T. McFadden, brought … Continue reading
The Number One Enemy of the US Economy: The Federal Reserve
There have been three central banks in our nation’s history. The first two, while deceptive and fraudulent, pale in comparison to the scope and size of the fraud being perpetrated by our current FED. What they all have in common … Continue reading
Dreams of Prosperity and an Inflated Currency: Eradicate the Federal Reserve Bank
“Long before we wake up from our dream of prosperity through an inflated currency, our gold, which alone could have kept us from catastrophe, will have vanished and no rate of interest will tempt it to return.” ~ U.S. Senator … Continue reading
“Slipping Into Madness“: The Comparisons To The 1920s And 1930s Are Just Uncanny
Yesterday I was watching a video of Yale History professor Timothy Snyder in which he states “It’s patently clear that some of the people who’re involved in current politics…are borrowing some of the tactics of the 1920s and 1930s.” That … Continue reading
Price Fixing in Ancient Rome
As might be expected, the Roman Republic was not to be spared a good many ventures into control of the economy by the government. One of the most famous of the Republican statutes was the Law of the Twelve Tables … Continue reading