Appenzell
Switzerland
A Daily Compendium
of Free-Market Thinking
The Daily Bell Newswire - It's FREE!    


Guest Interview

Sunday, June 21, 2009 - with Scott Smith

Post Feedback

We look forward to hearing your feedback and will respond to you as promptly as possible. Unless you specifically request otherwise, we reserve the right to publish your comments on the Daily Bell website. Please note, harassment, vulgarity and personal attacks are not welcomed.






View Feedback

Posted by Floyd Bernier on 6/21/2009 6:49:15 AM

I wish you had pressed Mr. Morgan a little more on his statement "going back to a strict gold standard would be difficult" in his opinion. We had the strongest currency in the world when we backed it with gold and silver. What does he think would happen if China or Russia or Brazil decided to back their currency with precious metals,maybe even all at the same time? My guess is we would quickly have a new world reserve currency.


Reply from the Daily Bell:

Good point. If the paper money order collapsed tomorrow, the day afterward people would be using gold and silver to buy and sell, in our opinion.

Posted by Erick Tippett on 6/22/2009 3:50:26 AM

I have followed Morgan's website for several years and have found
it very informative and helpful. I agree that eventually the manipulation of the precious metals is bound to collapse under the weight of demand for delivery and silver should rise precipitously
in the near future perhaps.


Reply from the Daily Bell:

It seems a certainty.

Posted by Ronald Burcham on 7/12/2009 4:30:56 AM

The return to a precious metals standard could be effected if the US government would relinquish its monopoly on money and allow the market to choose mediums of exchange. We all know that the market will fill the need more efficiently than any government plan and the dollar can go out without a bang or even a whimper. The market will simply displace the dollar with a freely chosen alternative or alternatives. The transition would be least painful under a free market solution than could ever be possible with a government mandated alternative. Just wishful thinking. I know the government will never consider a free market alternative. The economy will have to collapse and then if the union devolves into another political framework possibly there will be no choice but a free market medium of exchange.

Post Feedback

We look forward to hearing your feedback and will respond to you as promptly as possible. Unless you specifically request otherwise, we reserve the right to publish your comments on the Daily Bell website. Please note, harassment, vulgarity and personal attacks are not welcomed.








[Most Recent Quotes from www.kitco.com]

News & Analysis
02/08/10 Sarah Palin & the Desperation of the Elites
02/08/10 Mystery Brit Funds Pump Global Warming
02/05/10 EU on the Brink?
02/05/10 Terror for Domestic Repression
02/04/10 Germany Steals Swiss Tax Data?
02/04/10 Questioning Wakefield Lancet-Vaccine Retraction
Guest Editorials
02/06/10 Spending Freeze Not Likely, by Dr. Ron Paul
02/06/10 Are Corporations Persons? by Dr. Tibor Machan
01/30/10 Legalize Competing Currencies, by Dr. Ron Paul

Subscribe to the
Daily Bell Newswire

It's FREE!
Timely email notification of...
  • Breaking News
  • Feature Interviews
  • Guest Editorials
  • White Papers
  • eBooks & Shorts
  • Special FREE offers
...and much much more!
Guest Interviews
02/07/10 Lord William Rees-Mogg on Sound Money, Austrian Economics and British Government Reform
01/31/10 Roger Simon on American Freedom, the Success of Pajamas Media and Blacklisting Himself
01/24/10 Dr. Mark Skousen on Honest Money, Austrian Economics and the Future of Free Markets
White Papers & eBooks
01/19/10 The Woodsman Chronicles (Part 1), by Mark Thorne
12/11/09 Swiss Perpsective: Oil vs. Gold - An Evaluation of Peak Oil Theory and Investment Perspectives on Oil vs. Gold
07/14/09 Different Worlds - Two Meditations on Good and Evil
06/23/09 Swiss Perspective: Inflation vs. Deflation - a closer look at the real causes of the current economic crisis and its engine - monetary inflation

© Copyright 2008 - 2010 Appenzeller Business Press AG. All Rights Reserved. The Daily Bell is an informative compendium of independent economic views and analysis, which is published by Appenzeller Business Press AG. The information contained in the Daily Bell is for informational purposes only, is impersonal and not tailored to the investment needs of any particular person and should not be construed as financial or investment advice. Appenzeller Business Press AG does not accept any liability or responsibility for, nor does it verify the accurateness of the information being provided in the Daily Bell. Readers of the Daily Bell or any affiliated or linked sources or sites must accept the responsibility for performing their own due diligence before acting on any of the information provided within the report regardless of the source. To unsubscribe from the Daily Bell, click here.