You Know It’s Time for #SoundMoney When “Helicopter #Money” Is All They Have Left. You Know It’s Time for Sound Money When “Helicopter Money” Is All They Have Left. You Know It’s Time for Sound Money When “Helicopter Money” Is All They Have Left By Stefan Gleason - May 17, 2016 Ahead of the Federal Reserve’s meeting … an old metaphor — helicopter money — is gaining new traction as world leaders try to improve global economic growth, which the IMF recently described as “fragile.” – CNNMoney People may wonder why sound money advocates have become so militant about the hazards of allowing governments to issue unbacked fiat currencies.
However, when the Federal Reserve and other central bankers so frequently discuss dropping money from helicopters, you know monetary policy has run amok. The case for money backed by gold and/or silver is founded on the premise that real wealth is created by productive activity in the real economy. The Federal Reserve is hoping dropping money from helicopters will encourage Americans to spend money and kick start the economy.
He should know. When you subscribe to The Daily Bell, you also get a free guide: Identify. Keeping An Eye on #Bullion Supply and Demand. Keeping an Eye on Bullion Supply and Demand. By Clint Siegner, Money Metals Exchange A lot is riding on the demand side of the equation when it comes to metals' price performance this year.
Demand is the bigger wildcard with signals thus far being mixed in gold and silver bullion markets. The outlook for supply is more certain, and it isn't pretty. Endeavor Silver, one of the largest primary silver mining companies, announced last week that it expects to reduce production of the white metal by roughly 30%. The company's El Cubo mine is not profitable despite efforts to reduce costs. Steve St. COMEX Gold Stockpiles Drop 73% in a Single Day The drop in COMEX inventories of gold and silver may also contribute to supply problems in the bullion markets.
It is true the declining inventory of registered metal isn't necessarily a problem. On the demand front, the data is conflicting. U.S. However, the month of January was extraordinary when it comes to demand for silver and gold American Eagles. Direct purchases from the U.S. Comment Here! How Much Longer Can the American Empire Run on Fake #Money? Jay Taylor: How much longer can the American empire run on fake money?
6:44a ET Monday, April 16, 2018 Dear Friend of GATA and Gold: Financial letter writer Jay Taylor's new commentary, "How Much Longer Can the American Empire Run on Fake Money?
," cites GATA's work and adds: "The one currency that would put all nations on an even playing field would be gold. A gold standard would mean the United States would have to earn its way to wealth rather than print money to pay for endless wars, death, and destruction. ... Buy, Sell, or Store Precious Metals with Money Metals Money Metals Exchange, a national bullion dealer recently voted "Best in the USA" by a worldwide ratings group -- -- is a great low-cost source for precious metals coins, rounds, and bars.
Shop online with Money Metals Exchange here -- -- or by calling 1-800-800-1865. Meanwhile, the Money Metals Depository -- "But to keep the dollar viable, its leading competitor had to be held at bay. Taylor's commentary has been posted in the clear at Zero Hedge here: Help keep GATA going.