Wars are bad for trade and GDP growth. This war might also be inflationary. :( If inflation is coming, then the Fed won't be cutting rates, they...
My clients in the 1990's and 2000's were buying Saints and mentioned them and I never put 2 and 2 together. :mad::mad: Could have grabbed a few...
Let's see if $4,500 or so holds. Gold and PMs are selling off on expectations that the Fed will be tighter -- maybe even hiking rates let alone...
These infomercials selling gold coins must be doing OK since they are around so long. :D They could be selling to the same folks, I have no idea....
It seems that regardless of Woodin's presence (and I believe he died shortly into FDR's 1st term)....the widespread knowledge that you could hold...
5 gold coins per adult was $100 which in The Depression years was alot of money. That's $200 for a married couple (I don't believe the 5 coins...
I saw where NY State was "considering" removing/raising the exemption threshould for tax-free gold purchases.
That's unreal....taxes need to be simple and efficient and a tax like that is almost comical in going out of it's way to be the opposite. A tax...
A few good pieces from 1973 (Brooklyn Law Review) and 1982 (Univ. of Chicago Law School).
99% of my collection are silver or gold coins. As gold and silver rise, if you were to just get spot silver or gold for them, you might take a...
Believe it or not, if you go over the IRS data, they are. :D In the 1960's, the Top 50% of wage earners paid about 85% of the income taxes...
Bob Hope, Barbara Stanywick, and lots of other high-earners (male and female) had to have the shelters. Otherwise, they'd keep maybe 20% tops of...
My collection is about 140 coins, too. I thought it was larger -- closer to 200 or so -- but give or take a few coins, it's 140, tops.
I would probably put alot of the $$$ into fewer higher-quality coins. I might even stretch for an MCMVII High Relief Saint. :D
Gold was the means -- or was BELIEVED to be the means -- by which you increase the money supply. If people hoarded gold...the money supply...
Yes, there you had the equivalent of the numismatic exemption at play....family heirlooms and sentimental gifts. I don't recall anything saying...
Different time, different era. We were ON a gold standard then....whereas today we are not. :p Gold holdings by most Americans were tiny 95...
This Treasury Memorandum is only of interest in the context of the gold prohibitions by FDR a decade earlier. For now.....gold's legality is...
When you read the history books, it seems like Bretton Woods was on autopilot from 1944 to 1971. In fact, there were speedbumps in virtually...
These are NY Times articles. Like this one from 65 years ago, January 14, 1961: [ATTACH]
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