Karl Marx: “Money is By Nature Gold….”

Originally posted onTuesday, February 26, 2013 Share “[A]lthough gold and silver are not by nature money, money is by nature gold and silver….” – Karl Marx Karl Marx, in his A Contribution to the Critique of Political Economy, demonstrates...

The New York Fed’s Florentine Palazzo

Originally posted on Tuesday, February 19, 2013 The largest concentration of monetary gold in the world is not at Fort Knox or West Point. It’s in the vault of the Federal Reserve Bank of New York at 33 Liberty Street in Manhattan. Courtesy of the Federal...

Zeus and Gold

Originally posted on Thursday, February 14th, 2013 From The Iliad, Book 8, Zeus’s chariot is described as being drawn by a horse with “flowing manes of gold,” himself clad in gold, holding a gold whip, and meting out the fate of nations upon a set of...