The return of large parts of the world to the gold standard, or at least the prospect of a gold standard ... Gold is nice for jewelry, but has failed several times in history as a reserve asset. 20240317_153648
hoarding, was indicted by a federal grand jury on a charge of hoarding gold. ... His “hoard” was ignored, but later his daughter was indicted for gold hoarding, and Thomas announced ... id=R9FGAAAAIBAJ&pg=PA4&dq=gold+hoarding&article_id=3194,738980&hl=en&sa=X#v=onepage&q=gold%20hoarding ... Some officials have suggested that a tax be imposed on hoarded gold. ... #v=onepage&q=gold%20hoarding&f=false Woman in Gold Hoarding Freed, Case Dismissed on Return of Metal
I also don't think that you have to spend vast sums of your hoarded coins to contribute to adoption. ... are always initiated by the fact that at the beginning there are more and more people who collect and hoard ... Of course, these coins, which now contained less Gold or Silver, were imprinted with the same higher ... Throughout the history of currency, coins have been composed of precious metals, such as Gold or Silver ... characteristics of Fiat money, i.e. the easier transfer through space, with the characteristics of Gold
The U.S. had started the system with a huge hoard of gold- approximately 50% of all above ground gold ... The excess surpluses of dollars all flow back for gold, until the gold runs out. ... The emergence of a gold-dollar system was ostensibly driven by insufficient growth in the global gold ... A run on American gold reserves began as thousands of metric tons of gold began flowing out of the U.S ... ($35/oz) meant that gold was severely undervalued.
@Signal312 sources news written following Executive Order 6102 which forbid "hoarding" gold. ... Top Posts If governments confiscate bitcoin, it'll resemble gold confiscation. ... Gold "hoarders" were persecuted in the 1930's, what will happen with bitcoin?
While these assets are no longer backed by gold assets, they are backed by the “full faith and credit ... They may likely have obtained this hoard as a result of an unfair pre-mine, where insiders got a special
The joy of "set for life" doesn't seem to offset the anxiety from hoarding the huge sum of money. ... motivate kids, spouse with different attitudes toward life after getting rich, potential spouse being a gold
The more people this new form of money hoard, the higher the valuation in comparison to all other goods ... are always initiated by the fact that at the beginning there are more and more people who collect and hoard ... This is also the reason why gold and not wheat has been considered money for centuries. ... Gold and Silver are harder to dilute than copper, for example, that's why the first two won out over ... The production of gold is limited because it is basically rare in nature and requires great resources
‘If more of us valued food and cheer and song above hoarded gold, it would be a merrier world.’
gauge official Stacker sentiment on when we might see the youth of tomorrow disengage like they do with gold
I then checked the CNBC gold ticker price. Gold is down about a half of one percent. ... I checked both CNBC and Bloomberg to see what they're saying about a possible gold backed BRICS currency
to gold. ... the Gold Standard Act. ... into a fixed amount of gold. ... The gold standard tied the value of national currency to gold, enabling people to convert paper money ... The 1896 presidential election bred the rise of gold bugs, who supported the gold standard.
for currency The Gold Clause Resolution - voided all gold clauses within the United States. ... The Gold Reserve Act - government took ownership of the Federal Reserve's gold stocks and devalued the ... coin, gold bullion, or gold certificates if in his judgement "such action is necessary to protect the ... But in not paying him his gold, the government wasn't really wronging him, since gold was now illegal ... In other words, if the government paid him in gold, it would then have to confiscate that gold from him
encouraged widespread lending, with wealthy patricians, senators, and equestrians loaning out their hoards ... This law required money lenders to hold a specific portion of their wealth in specie, i.e., gold or silver
People had to deliver their gold to the govt by May 1, 1933.
If that is true, why continue to hold gold? ... I just learned that El Salvador holds 1.37 tons of gold, valued at roughly $86 million today. ... Their gold balance has remained constant for at least the last 3 years when they began buying Bitcoin ... their Bitcoin holdings are now worth $400 million), I suspect they also believe that Bitcoin will eat gold
This one seems a bit more explicit at first: the wealthy are hoarding their wealth and he campaigns for ... In Roosevelt's many other campaign speeches he frequently decries "speculation" and "hoarding," and in ... I don't know that gold-holders were surprised when Roosevelt tried to confiscate nearly all their gold ... He does not say "they must sacrifice their gold." ... Remember, most people in the Depression did not have gold that could be confiscated.