Gold is money and nothing else
Apr 18, 2013 Rather, the notes were promises to pay dollars upon demand. Dollars themselves were gold (23.22 grains of pure gold each), and nothing else. Financier J. P. Morgan's famous statement, made during testimony in front of the U.S. Congress in 1912, “Gold is money, and nothing else.” But, let us go further Oct 17, 2019 In testimony to Congress on December 18, 1912, J.P. Morgan stated: “Money is gold, and nothing else.” Notably, what he intentionally did not Since the expression of the value of commodities in gold is a merely ideal act, we the product of some one else's, nothing more than an exchange of products. Apr 24, 2019 JP Morgan famously stated “Money is Gold, and Nothing Else”. I propose this simple refinement: Bitcoin is not now nor ever will be peer-to-peer
Aug 3, 2018 The basis of banking is credit, is it not? Not always. That is an evidence of the banking, but it is not the money itself. Money is gold, nothing else.
Topic: "Money Is Gold — and Nothing Else" | MGTOW May 05, 2018 · “Money Is Gold — and Nothing Else” [1] James Rickards May 3, 2018. James G. Rickards is the editor of Strategic Intelligence.He is an American lawyer, economist, and investment banker with 35 years of experience working in capital markets on Wall Street. Gold is Money - And Nothing Else | Seeking Alpha May 29, 2008 · Gold is Money. I t's been said before, notably by the late JP Morgan. Yet today we find ourselves forgetting that gold is money. Jim Sinclair has made some very … "Money Is Gold — and Nothing Else" - SGT Report The first and most obvious is that gold is a form of money. The second and more subtle point, revealed in the phrase, “and nothing else,” was that other instruments purporting to be money were really forms of credit unless they were redeemable into physical gold. My readers know that I … “Gold Is Money – And Nothing Else” | Silver Doctors
May 06, 2018 · Morgan’s observation that “Money is gold, and nothing else,” was right in two respects. The first and most obvious is that gold is a form of money. The second and more subtle point, revealed in the phrase, “ and nothing else,” was that other instruments purporting to be money were really forms of credit unless they were redeemable
Feb 22, 2019 · In this bi-monthly report, we will take a serious, if slightly offbeat look at the world of gold. Be warned, however, we are structural bulls on gold. As we like to say… “As long as humanity exists, there will always be a reason to own gold” and as the famous JP Morgan once told the US Congress: “Money is gold and nothing else”. “Gold Is Money – And Nothing Else” Since 1995, news.GoldSeek.com publishes the leading gold news commentaries, gold market updates and reports providing gold investors with the most updated gold and silver prices, news & precious metals information! LIVE Gold Prices $ “Gold Is Money – And Nothing Else” MUST READ: J.P. Morgan, "Money is Gold, nothing else ... Nov 02, 2019 · "MONEY IS GOLD, AND NOTHING ELSE." At that time J. P. MORGAN was absolutely the top banker in America - HE had personally rescued a bankrupt America with tons of gold in 1895 - Tell what he said to each and every FED CHIEF since 1934 - S cared to death they would have to fight gold with their paper what-evers. Money is gold, nothing else : Gold The Gold community on Reddit. Reddit gives you the best of the internet in one place.
The market chose gold and silver as money. Currencies are by definition mediums of exchange, but don’t store value nor do they come with an intrinsic value. Gold is Money, Nothing Else By
“Gold Is Money – And Nothing Else” – JP Morgan on December 18, 1912 in testimony to Congress. Crush The Street’s Kenneth Ameduri invited to discuss why I believe the current stock market is the most overvalued in history. We also chatted about the movement by western Governments to a digital currency system and, of course, the precious metals market. The Ultimate Store of Value: "Money Is Gold — and Nothing ... May 06, 2018 · Morgan’s observation that “Money is gold, and nothing else,” was right in two respects. The first and most obvious is that gold is a form of money. The second and more subtle point, revealed in the phrase, “ and nothing else,” was that other instruments purporting to be money were really forms of credit unless they were redeemable J. P. Morgan quote: Gold is money and nothing else.
Sep 5, 2019 Morgan: Not always. That is an evidence of banking, but it is not the money itself. Money is gold, and nothing else. Morgan's observation that “
May 04, 2018 · Money is gold, and nothing else. Morgan’s observation that “Money is gold, and nothing else,” was right in two respects. The first and most obvious is that gold is a form of money. The second and more subtle point, revealed in the phrase, “and nothing else,” was that other instruments purporting to be money were really forms of credit "Money Is Gold, and Nothing Else" | SchiffGold.com That is an evidence of banking, but it is not the money itself. Money is gold, and nothing else. This testimony has lived on as long as Morgan’s banking legacy. While no actual crime was determined, the results of the hearing led to the creation of the Federal Reserve System the very next year. Gold is Money, Nothing Else | OilPrice.com The market chose gold and silver as money. Currencies are by definition mediums of exchange, but don’t store value nor do they come with an intrinsic value. Gold is Money, Nothing Else By "Gold Is Money, Everything Else Is Credit" JP Morgan ...
“Gold is the money of kings, silver is the money of gentlemen, barter is the money of peasants – but debt is the money of slaves.” ― Norm Franz, Money & Wealth in the New Millennium: A Prophetic Guide to the New World Economic Order "Money is Gold, and Nothing Else" - Dickson Buchanan Jr. Money is gold, and nothing else. This testimony has lived on as long as Morgan’s banking legacy. While no actual crime was determined, the results of the hearing led to the creation of the Federal Reserve System the very next year. ‘GOLD IS MONEY AND NOTHING ELSE’ ‘GOLD IS MONEY AND NOTHING ELSE’ Nothing in this communication cons titutes advice or personal recommendation. An investor should read the Key Investor Information Document(s) (“KIID”) before investing in any sub-fund of Merian Global Investors Series plc. The KIID and the prospectus can be “Money Is Gold — and Nothing Else” | Keiser Report May 09, 2018 · Money is gold, and nothing else. Morgan’s observation that “Money is gold, and nothing else,” was right in two respects. The first and most obvious is that gold is a form of money. The second and more subtle point, revealed in the phrase, “and nothing else,” was that other instruments purporting to be money were really forms of credit