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Category Archives: The History of it All
The “Black Friday” Gold Scandal
If any pair of investors had the financial clout and lack of scruples required to engineer the bedlam of Black Friday, it was Jay Gould and Jim Fisk. As president and vice president of the Erie Railroad, the duo had … Continue reading
Do you remember how it was for your parents?
The History of the World is a History of Gold
The history of gold is nearly as long as the history of human civilisation. Gold has been inextricably linked to human civilisations since at least 6000 BC. There is absolutely no way of looking at the history of the world … Continue reading
The 90th anniversary is but months away….
Could it happen again?
Mystery of the Spanish coins that predate Christopher Columbus by 200 years and have been found deep in the Utah desert
Spanish treasure that predates the arrival of Columbus by 200 years has been found in a US national park. The two coins, one minted in Madrid in 1660 and the other made around the 1200s, were found lying on the … Continue reading
The Most Dangerous Man in the Mid-South
Who is Franklin Sanders, a.k.a. “The Moneychanger“? [Over 50] years ago, just a few weeks before I got married, on a drugstore bookstand I found a strange book: Capitalism, the Unknown Ideal. It was a collection of essays about a … Continue reading
Time to Get Out the Wheelbarrows?
Another Look at the Weimar Hyperinflation It was horrible. Horrible! Like lightning it struck. No one was prepared. The shelves in the grocery stores were empty. You could buy nothing with your paper money. ~ Harvard University law professor Friedrich … Continue reading
1588 ~ A Discourse Upon Coins
~ Forewords ~ It would seem that throughout history, there were those who understood the importance of money – specifically – hard money – gold and silver. Return with us now to this lengthy (translated from the Italian) 1588 dissertation … Continue reading
George Washington’s Error and the Corruption of Banking
President George Washington received a bill that would create a national bank if he didn’t veto within 10 days. National-government power to print money not backed 100% by reserves of gold or silver had been voted down by Washington’s Constitutional … Continue reading
On this day, April 2, 1792…
On this day in 1792, the Coinage Act creates the U.S. Mint and provides for the construction of a new building in Philadelphia. That building was the first federal building to be built under the new U.S. Constitution.
