
The Case For Gold: In 1982, Ron Paul served on the U.S. Gold Commission to evaluate the role of gold in the monetary system. In fact, the Commission was his idea. It was carrying forth a promise made in the Republican platform.
Ron couldn't pick the members, so from the beginning, the deck was stacked. The majority was dominated by monetarists, who saw gold as too scarce and paper as just fine. Ron Paul's team was ready, however, with this marvelous minority report.
Rarely has a dissent on a government commission done so much good!
The result was The Case for Gold, and it was the greatest result of the commission. It covers the history of gold in the United States, explains that its breakdown was caused by governments, and explains the merit of having sound money: prices reflect market realities, government stays in check, and the people retain their freedom.
The scholarship and rigor impressed even the critics of the minority. Ron and Lewis Lehrman worked with a team of economists that included Murray Rothbard, so it is hardly suprising that such a book would result.
It still holds up as an excellent blueprint for moving beyond paper money and into the age of sound money. In particular, Ron favors complete monetary freedom to use any commodity as money, to make contracts in any money, and an end to the monopolization and printing power of the Federal Reserve.
There is a strong piece of history in this book. Not since the 19th century has a political figure made such a sweeping and devastating case for radical monetary reform. This congressman ran circles around even the experts at the Fed. A dazzling performance indeed, and an inspiring and learned book.
245 pages, 6" x 9", paperback
'Au'-sterity for gold as prices plunge - CNNMoney
Gold Standard for All, From Nuts to Paul Krugman - Bloomberg
Morningstar's Park: The Case for Gold Miner Stocks - Moneynews
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Morningstar's Park: The Case for Gold Miner StocksMoneynewsBy Dan Weil Over the past year, gold's price has gained 4.8 percent, while the price of gold mining shares, as measured by the Market Vectors Gold Miners ETF, has plunged 22.4 percent. But there are some bullish signs for the gold miners, ...and more » |
Goldman Sachs Restates Case for Higher Gold Prices - BullionVault
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Goldman Sachs Restates Case for Higher Gold PricesBullionVaultAlthough Goldman says the case for gold is still intact, it adds that the market is in need of a catalyst, noting that it is "increasingly apparent that already low market expectations will likely require continued deterioration in Europe or in the ...and more » |
Goldman Sachs says gold is the 'currency of last resort' and it's going to $1840 - National Post
Amity Shlaes: A gold standard for all - The News Journal
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Amity Shlaes: A gold standard for allThe News JournalThe case for gold as a mandatory metric for the Federal Reserve in setting interest rates is made in new legislation offered by Congressman Kevin Brady, another Republican from Texas. Dozens of state legislatures are introducing their own gold- or ...and more » |
The pampered class - BusinessWorld Online Edition
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The pampered classBusinessWorld Online EditionThis dramatizes the scarcity of the metal and makes the case for gold's role as a good defensive investment. There are always sectors that enjoy favor for a while. (Was it the sub-prime collateralized debt five years ago?) ... |
'China, India no longer bullish for gold' - Indian Express
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'China, India no longer bullish for gold'Indian ExpressThe case for gold to reverse its recent decline and head toward the psychological $2000 an ounce level is mainly built on the possibility that Europe's sovereign debt crisis worsens and the United States is forced to implement more quantitative easing ...and more » |
A Defensive Portfolio Is the Best Offense: Paolo Lostritto - Business Insider
A Defensive Portfolio Is the Best Offense: Paolo Lostritto - NASDAQ