Posted on 06/22/2026 5:39:38 PM PDT by delta7
The late chairman of the Federal Reserve, who died this morning at 100, believed that ‘gold and economic freedom are inseparable.’…
… In the strongest terms, Greenspan condemned those who would redistribute national income through fiscal overspending. He deemed it a scheme for the “hidden” confiscation of wealth. “Gold stands in the way of this insidious process,” he wrote. “It stands as a protector of property rights.” In Greenspan’s view, that explained the “almost hysterical antagonism toward gold” among big government statists.…
… Here I am proud and grateful to acknowledge that I was considered by Alan Greenspan to be among those numbers that believed, along with him, that there were some very positive aspects to prior monetary regimes based on gold convertibility. Starting in 1990, after he read my book “The Coming Soviet Crash” and asked to discuss its implications, I met with him on numerous occasions, both in his office at the Fed and later at Greenspan Associates…
(Excerpt) Read more at nysun.com ...
https://www.schiffgold.com/key-gold-news/central-banks-double-down-on-bullion-as-dollar-doubts-grow
Central Banks Double Down on Bullion as Dollar Doubts Grow
Central banks are not easing off the gold pedal. According to the World Gold Council’s newly released 2026 Central Bank Gold Reserves Survey, monetary authorities have been snapping up an average of 1,000 tonnes of bullion annually over the past four years– double the pace seen in the prior decade. Nearly nine in ten survey respondents believe total official gold holdings will climb again in the next 12 months, and 45 percent expect to join the buyers’ club themselves. The upbeat sentiment coincides with gold’s latest intraday high of $4,154 per ounce on Friday.
The survey, conducted from February 5th to May 19th and boasting a record 76 central-bank participants, paints a picture of growing unease with the existing reserve order. Asked to look five years ahead, 84 percent anticipate gold’s share of global reserves will be larger, while 74 percent foresee a moderate or significant decline in the U.S. dollar’s dominance. Interest-rate uncertainty, geopolitical instability, and lingering inflation are the chief forces shaping today’s reserve decisions. With consumer prices still rising well above pre-pandemic norms despite headline “cooling,” caution toward fiat assets is hardly surprising….
The world’s largest money, Central Banks, finally get it.
Milton Friedman convinced me that Capitalism was practical. Ayn Rand convinced me that Capitalism was moral. Alan Greenspan put Ayn Rand’s beliefs about money into actual effect.
Sadly, Greenspan abandoned his faith in gold and presided over carnage. His pronouncements as Fed Chair were gibberish.
“The world’s largest money, Central Banks, finally get it.”
Russia offloads its gold reserves in biggest selloff since the ’90s
https://tvpworld.com/93367097/russia-sells-record-amounts-of-gold
To put the misinformation about gold reserves in perspective, we have this:
United States: ~8,133.5 tonnes
Germany: ~3,352.3 tonnes
Italy: ~2,451.8 tonnes
France: ~2,436.9 tonnes
Russia: ~2,332.7 tonnes
China: ~2,298.5 tonnes
Switzerland: ~1,039.9 tonnes
India: ~880.0 tonnes
Japan: ~845.9 tonnes
Netherlands: ~612.5 tonnes
So, no, Russia didn’t sell off all its gold reserves.
“So, no, Russia didn’t sell off all its gold reserves.”
It sold off the all the gold in the NWF which is now illiquid.
Putin’s two-week war is ruining Russia’s economy.
The misinformation continues:
"The Finance Ministry has sold over 70% of the gold, shrinking reserves to plug national deficits amidst slumping oil and gas revenues."
70% is NOT all. It has the high-speed trolling wobbs.
To: TexasGator
Do you have to be an ass every day?
84 posted on 9/26/2015, 6:24:20 PM by Jim Robinson
https://freerepublic.com/focus/news/3341298/posts?page=84#84
To: TexasGator
Do you have to be an ass every day?
84 posted on 9/26/2015, 6:24:20 PM by Jim Robinson
——————
This Txgator guy is unhinged, as many have noticed. I use the “ ignore” button. Thanks for noticing, many have.
Jim Robinson certainly noticed...
“To: TexasGator”
To: delta7
Kiry has been after me for eleven years. Water off a duck’s back.
Keep wasting your time and get Socrates fixed. That bath you took on silver won’t be easy to recoup.
“Jim Robinson certainly noticed...”
Yep. Notice how delta7 no longer shills for Armstrong.
“This Txgator guy is unhinged, as many have noticed. I use the “ ignore” button. Thanks for noticing, many have.”
I accomplished my mission. No more Armstrong scam posts!
Still lots of Volodymyr Reyna and rUsShErIslOsiNg scam posts!
I’m old enough to remember clownposts about how all the Twin Peaks motorcycle guys were going to prison forever.
Until Abel Reyna crapped himself publicly...
But you made yourself a fool, many here know your history of FR suspensions.
Carry on, old man. The cycle is unfolding.
“Carry on, old man. The cycle is unfolding.”
Yep. Silver down another 5.5% today.
Nice 50% haircut you took!
“But you made yourself a fool, many here know your history of FR suspensions.”
But you made yourself a fool, many here know your history of shilling for Armstrong.
Note that you are no longer allowed to promote here.
“But you made yourself a fool, many here know your history of FR suspensions.”
But you made yourself a fool, many here know your history of shilling for Armstrong.
Note that you are no longer allowed to promote here.
“I’m old enough to remember clownposts about how all the Twin Peaks motorcycle guys were going to prison forever.”
Juan “Compa” Martinez Jr made it to 2017 before being killed.
Javier Gonzalez was sentenced to 56 years in prison.
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