AUTHOR NOTE: The following is one of the many chapters that were cut from my book, “Guide to Investing in Gold and Silver”, back in 2007. The book was originally 800 pages, but the editors cut 600 of them, and those pages haven’t seen the light of day since… until now.  This chapter was intended…

Some of this chapter made it from my first book, Understanding Money, to the first draft of Guide to Investing in Gold and Silver, but was later cut by the editors.  It shows the economic consequences of war. It is ironic that a century after one man fired a pistol causing the outbreak of WWI,…

I had to split this chapter from my first book, Understanding Money, into two parts because of its length. It takes you on the wild economic ride from the end of WWI, the depression of 1921, the Florida real estate bubble, through the roaring 20’s, and ends with the stock market crash of `29. The…

Throughout the 1920s most of the world returned to gold because the Classical Gold Standard had worked so marvelously well before WWI. It was the greatest period of international trade and stability the world had ever seen and the world longed for the good old days. But the standard they chose wasn’t the classical gold…

This chapter of Understanding money remains unfinished.  Still, I believe it is an important chapter because it shows how the good intentions of the Federal Reserve and the U.S. government were the sole cause of the global Great Depression.  I had covered 1930, 31, and the beginning of 1932 when I turned my attention to…