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Why Was the 1933 Confiscation of Gold A “Good Thing”?

QUESTION: Why was the confiscation of gold by FDR in 1933 a good thing? ED ANSWER: What you have to understand is that Franklin Delano Roosevelt’s (FDR) actions...

What About the Amero?

The conspiracy camp all but concluded that the Amero would be issued by 2010 as a product of the North American Monetary Union, which some argued was to be part of...

Greece & Its Banks

Any hope that Greece will now negotiate with its creditors should help to hold the euro for now. But keep in mind that Brussels has still not changed its mind or...

The Lesson for the World Coming from Greece

PHOTO: Distraught 77-year-old Greek retiree, Giorgos Chatzifotiadis, falls to the ground outside of a bank in Thessaloniki, July 3, 2015. (AFP: Sakis Mitrolidis)...

Chicago Considering a 30% Property Tax Increase to Pay Govt. Pensions

COMMENT: Couldn’t help myself – I must share this personal story with your team and the blog readers. After reading Martin for just about a year, I began...

Discovery vs. Theory

QUESTION:  Hi Martin, Since one year now I follow your blog and I see most things unfolding exactly as you describe. Although I do not agree with all points...

Market Talk

The bond markets were the talk of the city today in London with continued uncertainty putting a bid under the street. Bunds were up over one and half points in...

The Monetary History of the Mongols

QUESTION:  Dear Martin, Attached please find a review of a book on the achievements of Khan (1162- 1227). Despite his image, this visionary leader adopted some...

Germany & France Still Demand Repayment

German Chancellor Angela Merkel and her French counterpart Francois Hollande have called on Greece to make “serious” proposals. There is no such thing...

What if NAFTA Became a Monetary Union?

OK. Let’s try to explain Europe a different way. What if the USA adopted a policy that said NAFTA (North American Free Trade Agreement) should move from a...