Alan Greenspan On Gold 1966 Letter

Nice....... eye-opening

Another amazing video, you are the man. Mad Props.

Great Video' very informational..

He was a very different man in the old days..
Funny how things changed. Even funnier how things really haven't changed.
Gold will be headline news again; one day soon..
gREAT VID ! Thanks JM !

Nice thanks for the reminder on this topic :)

Wow. If that does not get it to sink in with people. I do not know what will... Great job.

No silly..Bernanke told us why CBs keep gold reserves, "tradition".  ;-)  ...    Seriously, that was very interesting, thank you!

Seems he really abandoned his philosophy.  

There is a historical cycle between hard money (gold) and soft money (credit). The transition from the former to the latter is always voluntary. The transition back is always by necessity.

Wow- isn't it amazing that Alan Greenspan could have written this?  The Fed is the one institution most responsible for the creation of the "Welfare State"  I wonder if he ever advised Nixon that taking us off the gold standard was a poor decision.  I do believe that He and Nixon probably had no choice in the matter.  The central bankers were and still are calling the shots.  The best any of can do is to try to play by their rules, stack to hedge against inflation, and wait for the eventual collapse!  Good Luck and God Bless

Sound money without deficit spending? That's so 1960's..

Powerful

really like your longer videos i think  they are very informative and fun 

If you have not yet read this letter or heard this letter, you are most encouraged to do so.  Thank you all for your support!

Welcome back from your vacation. Liked the two Brexit videos. Anothe great video!
Do you have a guess as to if we will every go back on the Gold Standard? 50/50, 80/20? 1/99?

Excellent to hear you read this. It's also the reason why many nations were invaded during war. The paper currency was not taken. It was their gold.

Thanks, but I'll stack Silver because Silver will will be at parity with Gold in 2010. Mark my words.

If you knew that was this article that got me into stacking PMs. I was taking an economy class and the professor assigned a few articles and everybody got a different one, and that's the one I took without knowing that it would change my perspective of money forever. I think everybody should read this essay because it says succinctly what is real wealth. Thanks!

without a gold standard. nothing has a store of value...... not even gold.

This should be a required video in all “schools”

PM's is the only thing that can ultimately destroy the FEDERAL RESERVES PONZI SCHEME and the IRS in its existence for our FREEDOM. Trump is right our True enemy is the FEDERAL RESERVES.

WOW, If that doesn't wake you, nothing will. 💰