ZH: Gold Bullion Closes Above $1400 After an Impressive Month of Trading Action by Sprott Money – Jul 2, 2019 3:00 pm The positive gains that the precious metals markets have seen as of lately, would only be classified as exhilarating. Cleaning up after the China Trade Summit Looks Exactly Like I Said it Would by Knave Dave – Jul 2, 2019 11:58 am A day after the market reopened investors watch the brief high blips slip away in the rearview mirror, confirming my prognosis for July. Gold Surges After Trump Nominates Gold Standard Advocate Judy Shelton To Fed Board
„It’s entirely reasonable to ask whether this might be better assured by linking the supply of money and credit to gold or some other reference point as opposed to relying on the judgment of a dozen or so monetary officials meeting eight times a year to set interest rates.“
„I think this is all massively overblown. But there is one aspect that should worry everyone – and almost nobody is talking about.“
“today about 90% of all the money is accounting money, created by loans the banks make to enterprises and private citizens. Pretending that banks use deposits to make loans, is not true.” The latter part was specifically expressed by the German Bundesbank.“
“Human civilization flourished in times and places where sound money was widely adopted, while unsound money all too frequently coincided with civilizational decline and societal collapse“ “Whether in Rome, Constantinople, Florence, or Venice, history shows that a sound monetary standard is a necessary prerequisite for human flourishing, without which society stands on the precipice of…
Die Entwickler von Lightning Labs haben Ende letzter Woche eine Beta-Version der Lightning-Software veröffentlicht, die erstmals offiziell für den Gebrauch im echten Bitcoin-Netzwerk bestimmt ist. Damit wird es offiziell – der Aufbau des Lightning-Netzwerks hat angefangen.