Requiring Gold Coin, Gold Bullion and Gold Certificates to Be Delivered to the Government Executive Order 6102 was an executive order signed on April 5, 1933, by US President Franklin D. Roosevelt (32nd President of the United States, 1933 ‐ 1945) that prohibited “the hoarding of gold coin, gold bullion, and gold certificates within the continental United States.” References:
Author Archives: Money is Metal
Palantir Buying Gold
From the Palantir 10-Q: “Investment in Gold During August 2021, the Company purchased $50.7 million in 100-ounce gold bars. Such purchase will initially be kept in a secure third-party facility located in the northeastern United States and the Company is able to take physical possession of the gold bars stored at the facility at any …
U.S. Public Debt
David Jensen: Silver Shortage Could End Paper Pricing
London silver lease rates, backwardation, ETFs shorting silver, rehypothecation, digital futures contracts manage prices, Rhodium market, debt fueled growth, digital banking locks people in so they can’t get cash out. #silver #rhodium #RealDavidJensen
What is Money?
Monetary economics refers to something as money when it has three main properties. From this perspective, money is something that is a: Unit of Account Medium of Exchange Store of Value Mike Maloney argues that real money must also possess four additional properties. From his point-of-view, money must also be: Portable Durable Divisible Fungible These …