Larry Parks Explains Why Gold is Superior Money. More Information can be found from Larry Parks HR1098 Congressional Testimony 9-13-11 To get a copy of What Does Mr. Greenspan Really Think? from Amazon, click HERE Support FAME
Why Gold is Superior Money (Part I)
Why Gold is Superior Money (Part II)
Larry Parks Explains Why Gold is Superior Money Part II – These three lectures were broadcast in 2010. Thus, the charts and exhibits are not up-to-date. However, all of the concepts remain valid. More Information can be found from Larry Parks HR1098 Congressional Testimony 9-13-11 To get a copy of What Does Mr. Greenspan Really […]
Why Gold is Superior Money (Part III)
Larry Parks Explains Why Gold is Superior Money Part III – These three lectures were broadcast in 2010. Thus, the charts and exhibits are not up-to-date. However, all of the concepts remain valid. This presentation is given by Larry Parks, Executive Director of the Foundation for the Advancement of Monetary Education (FAME). More Information can […]
Limiting Government: the Role of Gold
Government has two great powers: (1) the legal monopoly on the use of force, i.e., coercion; and, (2) the power of the purse. The legal monopoly on coercion is limited in the extreme by the 2nd Amendment to the Constitution, which gives the people the right to bear arms. The power of the purse is, […]
The Death of the Dollar (Part I)
Whenever the monetary authorities were able to create money out of nothing, there always came a time when they could not resist the temptation to overissue. What makes our monetary authorities different from those of the past? The Catholic Church has a line for this, and the Catholic Church has this exactly right: “In the […]
The Death of the Dollar (Part II)
Discusses the factors why the paper-ticket “dollar” will meet the fate of all paper money: it’s purchasing power will approach its cost of production, which is near zero. This lecture was prepared circa 2009. More Information can be found from Larry Parks HR1098 Congressional Testimony 9-13-11 To get a copy of What Does Mr. Greenspan […]
The Stupid (Prudent) Man Rule
Pension plan asset allocation that is theoretically and empirically stupid has been redefined as being prudent, thereby leading to a massive misallocation of pension plan assets. More importantly, since the US monetary system is dishonest, as well as many of the asset allocations being prima facie fraudulent, pension plan trustees have a fiduciary responsibility to […]
Disinformation about Gold
This lecture debunks a huge story from the Financial Times whose theme it was that gold is unstable. Using incontrovertible official data, Larry Parks shows that it is the legal tender irredeemable paper-ticket-electronic dollar that is unstable, not gold. This lecture was prepared circa 2009. More Information can be found from Larry Parks HR1098 Congressional […]
Investing with Fiat Money: Risks and Remedies
As about 60 million Baby Boomers are set to retire, asset allocation of one’s savings is a key issue because one does not want run out of money at a time when one cannot easily replenish one’s savings. What to do? Wall Street is misleading people by not explaining that there is material risk that […]
To Buy or Not To Buy Gold
This lecture was broadcast a few years ago, so the numbers in the exhibits have changed. What has not changed is the reasoning about why one, in Larry’s opinion, should allocate a material amount of one’s wealth to gold. An allocation to gold is a bet, i.e., a speculation, not an investment, that the world’s […]
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