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| "Educate and inform the whole mass of the people... They are the only sure reliance for the preservation of our liberty." -Thomas Jefferson
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DOWNLOADABLE RESOURCES • Metals Investment Worksheet • LPM Investment Program Info • Wire Instructions • Precious Metals FAQ • Glossary of Terms • Referrals
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"Like gold, U.S. dollars have value only to the extent that they are strictly limited in supply. But the U.S. government has a technology, called a printing press (or, today, its electronic equivalent), that allows it to produce as many U.S. dollars as it wishes at essentially no cost. By increasing the number of U.S. dollars in circulation, or even by credibly threatening to do so, the U.S. government can also reduce the value of a dollar in terms of goods and services, which is equivalent to raising the prices in dollars of those goods and services. We conclude that, under a paper-money system, a determined government can always generate higher spending and hence positive inflation." - Ben Bernanke to the National Economists Club, 2002 |
Interesting Reads
| The American Inflation by Jordan Roy-Byrne |  | "Today, our economy is a mixture of free market capitalism, socialism (welfare, entitlement spending) and fascism (central bank, big corporations in bed with the government). Which way will it drift? Contrary to what one might think, the gold bull market will go a long way in restoring a solid and constitutional economic foundation. Gold is pure. It is money, freedom and liberty. While all fiat currencies ultimately encounter the same fate, gold and silver as real money has stood the test of history. The most basic element of commerce is a stable medium of exchange. If an economy's form of money isn't sound what will happen to the economy? What would happen to airplanes if we built them with cardboard?" |
The Changing Face of the US Dollar from Tangible Asset to a Fiat Currency by Mike Hewitt |  | The US dollar changed from a currency backed up by a tangible asset to a fiat currency.That being a paper note backed up by governmental promises. By looking at the history of American paper money one can clearly see the distinction. Compare the images of these historic dollar bills to those in your wallet today. Certain previously displayed phrases have been simply eliminated. |
Moose Market by Clyde Harrison |  | One of my favorite quotes is, “Give a man a fish and you feed him for a day. Teach a man to fish and you feed him for life.” Today in order to teach a man to fish, you need two fishing licenses, a state boat sticker, OSHA approved life jackets, EPA approved weights and hooks, you pay a park fee, obtain a fire permit to cook the fish and an EPA permit to dispose of the waste. Thanks to the government, fish you catch costs 8 times as much as the fish you purchase in the supermarket, caught overseas. | Understanding the Role of Gold in a Free Society by Alan Greenspan |  | An almost hysterical antagonism toward the gold standard is one issue which unites statists of all persuasions. They seem to sense - perhaps more clearly and subtly than many consistent defenders of laissez-faire - that gold and economic freedom are inseparable, that the gold standard is an instrument of laissez-faire and that each implies and requires the other. |
Going, Going, Gone This table is taken from a study at the University of Augsburg which estimates how long a natural resource will last if we consume at today's rate. Source: New Scientist | | COMMODITY | USES | YEARS TO EXHAUSTION | | Aluminum | Transport, electrical, consumer durables | 1027 | | Antimony | Drugs, flame retardants | 30 | | Chromium | Chrome plating, paint | 143 | | Copper | Wire, coins, plumbing | 61 | | Gold | Jewelry, dental | 45 | | Indium | LCDs | 13 | | Lead | Lead pipes, batteries | 42 | | Nickel | Batteries, turbine blades | 90 | | Phosphorous | Fertilizer | 345 | | Platinum | Jewelry, catalysts, fuel cells for cars | 360 | | Silver | Jewelry, catalytic converters | 29 | | Tantalum | Cell phones, camera lens | 116 | | Tin | Cans, solder | 40 | | Uranium | Weapons, power stations | 59 | | Zinc | Galvanizing | 46 |
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Suggested Reading
 | The Creature from Jekyll Island: A Second Look at the Federal Reserve By G. Edward Griffin |  | The Coming Collapse of the Dollar and How to Profit from It: Make a Fortune by Investing in Gold and Other Hard Assets By James Turk , John Rubino | | | | | |  | The Case for the 100% Gold Dollar, and What Has Government Done to Our Money? by Murray Rothbard |  | Gold Wars:The Battle Against Sound Money as Seen from a Swiss Perspective by Ferdinand Lips |
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Free Informational Package
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