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Dominic Frisby – Why we should fear a cashless world

The health food chain Tossed has just opened the UK’s first cashless cafe. It’s another step towards the death of cash. This is nothing new. Money is tech. The casting of coins made shells, whales’ teeth and other such primitive forms of money redundant. The printing press did the same for precious metals: we started using paper notes instead. Electronic banking …

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F. William Engdahl – The Worth of Gold Growing by the Day. “A Gold-backed Alternative to the Inflated Dollar System”

The worth of gold in the world is growing by the day. That might seem like a paradox but it isn’t. The worth of gold is not fixed on the Comex futures exchange, or the trade in London or Zurich. True, most of the gold-trading public takes its cue today from the CME’s COMEX gold futures price where it does …

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Paul Craig Roberts – Supply and Demand in the Gold and Silver Futures Markets

This article establishes that the price of gold and silver in the futures markets in which cash is the predominant means of settlement is inconsistent with the conditions of supply and demand in the actual physical or current market where physical bullion is bought and sold as opposed to transactions in uncovered paper claims to bullion in the futures markets. …