Ron Paul Names His Choice for Fed Chairman

Economic Policy Journal During the online portion of the “Center Seat” segment of Fox News’ “Special Report with Brett Baier,” Ron Paul said that he would “probably” pick economist Jim Grant, editor of Grant’s Interest Rate Observer, for the position, reports The Daily Caller. The question was posed by Stephen F. Hayes of The Weekly [...]

Gold and the Monetary Planners

By Christopher Powers STATESMAN SENTINEL September 15, 2011 For the last month, gold prices have been hovering somewhere above $1,750 per ounce, spending many days over $1,800.  The price of gold in US dollars has skyrocketed since the summer of 2007, when it registered at about $660, yet it’s importance is still dismissed by mainstream [...]

What Is Money?

By Christopher Powers STATESMAN SENTINEL July 5, 2011 I will be writing a regular column for the Statesman Sentinel on the economy from the Austrian perspective.   I thought the perfect way to begin, considering the country’s newfound interest in the Federal Reserve, would be to approach the question of what money is. Carl Menger founded [...]

The Silver Giant Awakens: The Empire Will Never Be The Same

By A.J. Arias STATESMAN SENTINEL April 13, 2011 With the roar of a mighty colossus, silver has finally awoken from its deep and artificial slumber ― and it’s been a long time coming for this precious metal. Silver is currently at $40 per ounce ― yet this is only the beginning of amazing things to [...]

Liberty Dollar Founder Convicted in Federal Court

Bernard von NotHaus found guilty of counterfeiting, accused of domestic terrorism by U.S. Attorney STATESMAN SENTINEL March 21, 2011 The founder and monetary architect of the popular alternative currency Liberty Dollar was found guilty of four federal charges last Friday. The jury deliberated for less than two hours to reach a verdict after an eight [...]

Greenspan Warns of Risks From U.S. Debt

Jeffrey Sparshott WASHINGTON—Former Fed Chairman Alan Greenspan said the U.S. could face a bond-market crisis if politicians don’t act soon to start cutting the nation’s debt. In an interview Friday with The Wall Street Journal, Mr. Greenspan said that eventually Congress would pass a budget that includes many proposals by a White House debt-reduction panel. [...]

10 Predictions for the U.S. Economy in 2011

National Inflation Association 1) The Dow/Gold and Gold/Silver ratios will continue to decline. In NIA’s top 10 predictions for 2010, we predicted major declines in the Dow/Gold and Gold/Silver ratios. The Dow/Gold ratio was 9.3 at the time and finished 2010 down 15% to 8.1. The Gold/Silver ratio was 64 at the time and finished [...]

Why Americans Should Expose J.P. Morgan By Buying Silver

It’s our duty to protect our families and fellow countrymen from financial terrorists By A.J. Arias STATESMAN SENTINEL December 6, 2010 “And I sincerely believe, with you, that banking establishments are more dangerous than standing armies; and that the principle of spending money to be paid by posterity, under the name of funding, is but [...]

Creator of Liberty Dollar Sent to Jail

By Stephen Otto STATESMAN SENTINEL August 2, 2010 Bernard von NotHaus, creator and monetary architect of the Liberty Dollar, a popular alternative commodity based currency, was jailed when he appeared to answer charges that he violated the terms of his Appearance Bond before Magistrate Judge Cayer, Federal District Count in Charlotte, North Carolina on Wednesday, [...]

On China’s Currency: To Peg or Not to Peg?

By Peter Schiff While I attended an economic conference last week in Shanghai, I found it notable — but not surprising — that two former Secretaries of the Treasury, John Snow and Hank Paulson, as well as current Treasury Secretary Tim Geither, and former President George W. Bush were then in the country at the [...]

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