Gary North on current economic affairs and investment marketsGary North -- Specific Answers
HomeContact MeTell a FriendText SizeSearchMember Area
Gain immediate access to all of our current articles, the question-and-answer forums, dozens of free books, and article archives. Click here for details on how to join.

About This Site
Academic Gaps
Capitalism and the Bible
Clichés of Protectionism
College Finances
Debt Management
Ellen Brown: Critique
Federal Reserve Charts
Gary North's Free Books
Get Published Here!
Gold Price & My Report
Keynes Project
Price Index (U.S.A.)
Questions for Jim Wallis
Remnant Review
Social Security/Medicare
Sustained Revival
Tea Party Economist
U.S. Debt Clock
Yield Curve
Your YouTube Channel
Gary North's Miscellany
Budgeting for Wealth
Business Start-Up
Career Advancement
Digital Tools
Education That Works
Evernote: Free Notes
Federal Reserve Policy
Fireproof Your Job
Goal-Setting for Success
Great Default
Inheritance Strategies
International Investing
Investment Basics
Job and Calling
Keynesian Economics
Marketing Case Studies
Precious Metals
Real Estate
Safe Places
State of the Economy
Stocks and Bonds
Study Habits
Video Channel Profits
War With Iran
Members' Free Manuals
Our Products
Contact Me
Tell a Friend
Text Size
Your Account
My 100% Guarantee
Privacy Policy
Terms of Use

This site powered by MemberGate
home | Gold Price & My Report

View the Chart When It Downloads. Then Download My Free Report on the Economics of Gold.

Gary North

I have set this chart to view the immediate price, plus the previous four days, but the chart's software allows visitors to pick their preferred time period. Click the box of the period that interests you, or more than one. The chart will re-set each time.

Also interesting is the price of gold in four currencies: U.S. dollar, yen, euro, and the Australian dollar. You can see if the price change is in terms of just the dollar or also one or more of the other three. Click here.

To understand that there has been no predictable correlation between American inflation and gold's price in U.S. dollars, see my report here:

To understand why there will be a correlation between price inflation above 10% and a rising price for gold, see my report here:

For up-to-date evaluations of gold, see this department: Precious Metals.

For a members' discussion forum on gold and silver, click here.

To understand the ups and downs of gold, begin with my free course. It's called The Gold Wars. To download it, click the link.

The Gold Wars

This report provides background material for my department on Precious Metals. It's in the FOR MEMBERS ONLY section. (For information on how you can gain access to this section of my site, click here.)

Gold is the most effective way to shield yourself from the lies of politicians and the digital printing presses of the central banks. But when the Federal Reserve is deflating, gold comes under selling pressure. In the week of September 15, the FED started inflation.

Which form of gold is best to own for emergencies? In what form? That's the 64-ounce question. I will help you answer it.

Gold is a political metal. Governments and central banks confiscated the public's gold in 1914 (Europe) and 1933 (United States). In 1971, Richard Nixon unilaterally "closed the gold window," i.e., he told the Treasury Department to cease delivering gold to foreign central banks at the promised price of $35/ounce. The dollar is no longer connected to gold.

To hold down the price of gold, thereby forestalling the public's awareness of the fiat money/gold ratio, central banks are today "leasing" their gold. They deliver it to large gold brokerage houses, called bullion banks. The bullion banks pay central banks about one-quarter of one percent interest per year on the market value of the gold on the day they leased it. Then they sell the gold and invest the money at rates 15 times (or more) higher than they pay central banks. This transfer of gold out of central bank vaults is not counted as a sale by the central banks.

If the bullion banks were told to return the gold, they would have to buy it in the open market. This would drive up the price of gold. They are not asked by central bankers to return this gold.

[Note: I had the following on this page from the first day.] Gold is not a recession hedge. Don't believe anyone who says that gold does well in recessions. It hasn't in the post-1971 era, after Nixon closed the gold window.

I have written a manual on monetary theory and policy. It explains why the fiat money system that exists today is so dangerous. Today's monetary system is literally an immoral system. Learn why here:

Honest Money

Here are some free sample articles on gold. . . .

How the World's Central Bankers Stole the Public's Gold, Beginning in 1914.
Gary North
The international gold standard was always a government-created fraud waiting to happen. Shortly after World War I began, this fraud was consummated. Lesson: a government promise is never as good as gold. . . . keep reading
Why a Thick Layer of Dust on Top of a Nation's Gold Reserves Is a Good Thing. Selling the Gold to Private Buyers Is Even Better.
Gary North
The Opponents of Gold Hate the Fact That It Restricts Government Spending. They Love Government Spending -- Even the Monetarists. . . . keep reading
The Day the Bank of England Ran Gold Down to $256 -- Selling Its Gold at the Bottom. Here's Why.
Gary North
A seller of any commodity does not announce his sale in advance, for that might drive down the price. Yet central bankers always announce such sales. The reason is obvious: to drive down gold's price. This is not irrational behavior, if you understand their peculiar situation. . . . keep reading
Gold Is the Public's Veto on Central Bank Monetary Policy. Gold Allows Us to Short the World's Fiat Currencies.
Gary North - September 28, 2005
Central banks have held down the price of gold by inflating less and by selling off their gold reserves under the cover of calling this "leasing gold." They cannot pursue either policy indefinitely without bringing on a worldwide depression. . . . keep reading
 Tip of the Week
Sign up for my free
Tip of the Week
Verification Characters:    Type     Z  G  U  F  J     here   

Tip of the week archives
On what this icon
means, and how it
can help you,
click here
 Q & A Forums
General Q&A Forum
Advertising and Resumés
American History Topics
Backyard Food Gardening
Banking and Politics
Blog Sites and Web Sites
Books Worth Reading
Bumper Sticker Slogans
Business Forum
Buying Smart
Christian Service Forum
College -- The Cheap Way
Education Alternatives
Food Storage
For Women Only
GNC Benefits
GNC Testimonials
Gold and Silver
Great Default Forum
Health and Diet
Health Insurance
Investments Forum
Iran War
Job, Calling, and Career
Leadership Development
Legacy Building
Less Dependent Living
Local Political Action
Non-Retirement Forum
One Good Idea
Police State
Public Speaking
Real Estate Forum
Remnant Review Forum
Safe Places Forum
Taxation Policy
Typographical Errors
Video Production Basics

Reality Check
 Discussion Forum
Search Discussion

Recent Forum Posts
• Watch Junk Bonds For Early Warnings Of Fin. Crisis
• Where to start?
• investing for the beginner
• Alibaba IPO
• Two Questions: 401k and Pension
• Investment advice - for a family
• Where To Safely Park A Large Amount Of Cash
• How do you invest in this system.
• Retirement Fund: Advertising budget
• Kotlikoff says SIPC insurance is a fraud
• How to Evaluate A Country's Economic Condition
• Eugene Fama's Dimension Funds
• Financial Management Sites
• Don't Touch Principle Follow Up
• Sister's rental was given 24 hours no cause vacat
• Managers for Rental Property
• GN's article about "a place in the country&q
• GN's article about "a place in the country&q
• Recourse vs. Non-Recourse Loans
• Emergency Preparedness
• Nashville - Smyrna, TN Real Estate Market
• First Time Buyer Hesitations
• condominium's
• condominium's
• Modular Homes
• Another question about screening tenants
• Sell a house or rent it out
• Houston vs San Francisco
• Thanks for suggestions.
• Moving TO the US?
• No City for Old People
• Will you die getting to your bug out location?
• teaching English overseas - some questions
• The state with the most Liberty
• Switzerland and Firearms
• On "Zip Code Searching On The Web"
• Crash Course in becoming an Expat
• Anyone tried Puerto Rico?
• Chattanooga, Tennessee
• Middle Class squeezed out of Chicago
• An Article on Chile
• 5 Amazing, Cheap Places to Live as an Expat
• Oil Field Job Security
• Moving to TriCities Area
• advice on how do I interact with my older parents?
• Do You Sincerely Want to Be Rich? Why?
• Req. For No 401(k)/Other Pensions via Relocatio
• Cashing out 401K to pay student debt?
• SS @ 62 and still working
• Desolation or Prosperity?
• I take it Retirement Armageddon is not available
• Post Retirement Career
• Social Security - when to start collecting
• 401K Risk
• Detroit Retirees Fight 83% Health Care Cut
• Lump Sum Early DROP
• Underfunded pensions
• 401k strategy
• Can I Avoid Medicare Entirely?
• Intellectual Firepower
• Refuting Keynes through crowd research
• The Collapse of The American Dream
• Adjustable Glasses Come to America
• Here's something kinda creepy in the Ebola arena
• Cataracts
• The Insurmountable barrier of the Swiss Gold Ini
• "What is Evidence-based Sentencing?"
• Self driving car
• A challenge to Freedom of Association for business
• US Embassy Baghdad hit by rockets?!?!?!
• Video Editing
• Academic fraud at UNC: And elsewhere?!
• teaching kids business skills
• Cluborlov
• Idea for a reality show--"Do That Job!"
• Dun & Bradstreet information
• Warren Buffett and that other guy.
• Requirements for start-up?
• Apple and/or Android?
• Getting kicked out by the state
• Alexa manipulating internet rankings ?
• Business Idea - Book Summaries for Sale
• Millionaires you've never heard of
• Numismatic seller wants more exposure
• Another email list question.
• Adding people to an email list.
• Business Ideas - Chinese Wife
• Business naming
• Fulfilled By Amazon (FBA) E-Commerce