by Ralph Benko | Jan 8, 2013 | Uncategorized
Originally posted on Tuesday, January 8th, 2013 The banks, they seem to have thought, could extend their credits to whatever sum might be wanted, without incurring any other expense besides that of a few reams of paper. They complained of the contracted views and...
by Ralph Benko | Jan 3, 2013 | Uncategorized
Originally posted on Thursday, January 3rd, 2013 The work of Sir Isaac Newton, as Master of the British Mint, in creating the classical gold standard is relatively well known. The work of an equally great scientist, Copernicus, who gave us the heliocentric model of...
by Ralph Benko | Jan 1, 2013 | Uncategorized
Tuesday, January 01, 2013 Share There is a proposal informally circulating in Washington to evade the debt limit by having the Treasury issue two $1 trillion dollar platinum coins. This is, at least superficially, reminiscent of the Zimbabwe currency debacle that...
by Ralph Benko | Dec 27, 2012 | Uncategorized
Originally posted on Thursday, December 27, 2012 Share Some, occasionally, have wondered how it is that gold is produced. Excellent authority has it that it is stolen from griffins by one-eyed men. The “Father of History” Herodotus wrote: But in the north...
by Ralph Benko | Dec 25, 2012 | Uncategorized
Originally posted on Tuesday, December 25, 2012 Share There is a historical, cultural, and even regal dignity to gold. From the Gospel according to Matthew (King James Version): 2 Now when Jesus was born in Bethlehem of Judaea in the days of Herod the king, behold,...
by Ralph Benko | Dec 20, 2012 | Uncategorized
Originally posted on Thursday, December 20th, 2012 Thomas Nast, the famous political cartoonist who invented the elephant and the jackass symbols for the Republican and Democratic parties also turned his pen in favor of gold. From Harper’s Weekly, 1879: As...
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