Tag Archives: paper money

Gold for oil

Posted on April 23, 2012 Author: A.C. Bhaktivedanta Swami

The Best Reason in the World to Buy Gold Forbes – GORDON G. CHANG – Apr 22, 2012 Beijing is planning to avoid U.S. financial sanctions on Iran by paying for oil with gold. China’s imports of the metal are … more →

Posted in Economy, Money, Politics | Tagged , , , , , , | Leave a comment

Promises not worth the paper they’re printed on

Posted on September 3, 2011 Author: A.C. Bhaktivedanta Swami

Le Deluge 321gold.com – ACAMAR JOURNAL – Aug 30, 2011 The Song dynasty first came up with widely circulated paper money in the 9th century as silver was in short supply. When Kublai Khan conquered China, his Yuan dynasty adopted … more →

Posted in Economy, Money | Tagged , , , , , | Leave a comment

Gold redeemed: convert while you can

Posted on August 20, 2011 Author: A.C. Bhaktivedanta Swami

Flight from the dollar: More than 40 years ago, Srila Prabhupada foretold the collapse of the world economy based on fiat currency and modern banking, and advised that wealth should be invested in gold, land, cows and grains.

Posted in Economy, Money | Tagged , , | Leave a comment

Go for Gold

Posted on July 18, 2011 Author: A.C. Bhaktivedanta Swami

There is no money. What is called money is really only debt. …Actually it is not money. You are befooled. You are such a fool that you accept a piece of paper as money. Therefore I say you are rascal. … more →

Posted in Economy, Money | Tagged , , | Leave a comment