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About The Website And Author

27 comments

Reading time: 5 – 8 minutes

The main purpose of this website is to provide ideas and information on monetary science and economics that will combat the extremely dangerous false ideas currently in the marketplace causing many undesirable and harmful effects.

Ideas can only be overcome by other ideas. Money and force are impotent against ideas.  Government abuse of currency has enabled many evils including the rise of dictators and perpetuation of genocide.  The abandonment of sound money is the chief reason, if not the only reason, that the world has become such a dangerous place.

As the worldwide fiat monetary system evaporates it will take education and humility to successfully navigate the chasm and retain one’s wealth.  We are feeling the gigantic tectonic plates underneath the financial system begin to shift.

The shift of wealth that is happening is gargantuan and if one is properly positioned they can profit handsomely from the change.  Luck is when preparation meets opportunity. You can subscribe to get free email updates.

about author

Trace Mayer is an entrepreneur, investor, journalist, monetary scientist and ardent defender of the freedom of speech.

He holds a degree in Accounting and a law degree. He has studied Austrian economics focusing on the work of Murray Rothbard and Ludwig von Mises.

He is a strong advocate of the freedom of speech, operates RunToGold and HowToVanish, has authored The Great Credit Contraction and co-authored How To Vanish The Book, Bitcoin Beginner’s Guide and A Lawyer’s Take On Bitcoin And Taxes, is a member of the Society of Professional Journalists and the San Diego County Bar Association.

Trace Mayer has appeared on Canada’s national financial network BNN, ABC, FOX, NBC, many radio shows, conferences, to many private groups and is syndicated through Seeking Alpha, Yahoo! Finance and MarketWatch.

Trace Mayer was among the first popular bloggers to publicly recommend Bitcoin in its infancy with a market cap under $2m and well before its massive rise to about $1.5B in March 2013. He has presented on Bitcoin, both objectively and persuasively, to a wide variety of audiences including members of the Federal Reserve, Bundesbank, major financial institutions, HNWIs, conferences and many others.

So if you like, use or have profited from Bitcoin then there is a chance you were directly or indirectly influenced by Trace Mayer.

He has always been very interested in entrepreneurship, money and the financial markets.  He believes education is the key to opportunity and humility, the ability to change and adapt, are essential to successfully allocate capital.

Amont those influenced about Bitcoin include Robert Wenzel of Economic Policy Journal, Chris Powell of GATALew Rockwell, Anti-War.com, Jeff Berwick of The Dollar Vigilante, The Silver Vigilante, John Rubino of Dollar Collapse, Jason Burack of Wall Street For Main Street, BrotherJohnF, Michael of The Daily PaulMax Keiser, James Turk of GoldMoney, Kerry Lutz of the Financial Survival Network and Daniel Ameduri of Future Money Trends were, as a result of Trace’s work, all influenced early on and persuaded to use and accept bitcoins.

He generally deals with high-net worth individuals.  Trace Mayer may be available for interviews, speaking engagements, training, writing or consulting. You can subscribe to get free email updates:

interviews

We are both available to perform interviews with journalists, bloggers, radio hosts and other content producers. We are also available for speaking engagements.

contact me

So if you want to contact us about interviews, speaking, have questions or suggestions for an article or product or for any other reason then you can contact me via this this form, encrypted email or BitMessage [BM-2cUfm9BxkjtGtz6AUfH4pt4QjsEVdMjmzg]. Or just ask me a question.

You can use this form to contact us. Please use it if you have any questions, product order issues, suggestions for the website or articles, etc. I would love to hear from you and know what you want from Run To Gold. Thanks!
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27 comments

ABOUT THE AUTHOR: Trace Mayer, J.D., author of The Great Credit Contraction holds a degree in Accounting, a law degree from California Western School of Law and studies the Austrian school of economics. He works as an entrepreneur, investor, journalist and monetary scientist. He is a strong advocate of the freedom of speech, a member of the Society of Professional Journalists and the San Diego County Bar Association. He has appeared on ABC, NBC, BNN, radio shows and presented at many investment conferences throughout the world. This is merely one article of 240 by .
Free Free Great Credit Contraction Sample

{ 18 comments… read them below or add one }

1 William Ward November 13, 2008 at 2:56 pm

Dear Trace,
Great site and articles! I’m writing to you begging for help with a issue that could be useful to many of your readers. Over the past few weeks I have been trying to convince my father (and others) that hyperinflation is coming or is already here. My father is a smart man, CPA, successful entrepreneur, and believes that deflation is what lies ahead. Therefore, there is a real problem with differences in our ideas about what to do going forward.

Your recent article “US Dollar in Hyperinflation” makes my point (better than I ever could!). I sent him a link to your article, but I just know his response will be that you have a vested interest in gold/commodities prices going up and, therefore, he will disregard it as ‘marketing’. My question to you is how I should handle his response? Also, other information or Web links would definitely be helpful.

Thank you in advance for your time.
Godspeed,
William

2 Don February 20, 2009 at 3:57 am

You raise some interesting questions on GLD.

The question I didn’t see, however, is “Why on earth would anyone set up a business in such a way that it isn’t possible to account for every speck of gold down to the last grain?”. Subs of subs of subs, for crying outloud!

I tell you truly, everyone I know who is holding physical knows exactly how much they have, and exactly where it is located, without having to stop and think about it.

Of more interest, perhaps, is how little money it would take to break the Comex gold bank.

Did you know that at current levels, buing every ounce of gold ever mined would take less than 1% of the global currency supply?

You could be looking at the biggest short squeeze in the history of the world.

3 Trace Mayer, J.D. February 20, 2009 at 10:23 am

Don, I mentioned the ‘paper gold’ game on the DSC back in September. The 1% is nuts and what is even crazier is the rate of change (crazy calculus) between the two. Yes, the Great Credit Contraction has started and is going to be epically historic.

http://www.runtogold.com/2008/09/daily-source-code-792/
http://www.creditcontraction.com

4 Karl February 25, 2009 at 7:29 pm

Hello Trace,
Saw your article on ‘silver backwardation’ posted on coininfo.com.
Very informative!
Regards, Karl

5 зaйкa March 1, 2009 at 12:20 am

Замечательно написано, но как говорится, для точного представления нужно как минимум три источника :)

6 F James Smith April 19, 2009 at 7:08 pm

Trace, I was quite impressed by your interview with David Morgan and by my initial scrutiny of your website. I have a question which I hope you are able to make a response, either by email or on the website if you consider it of sufficient general interest.

I have substantial (for our family) holdings of Coeur d’Alene Mines and Hecla Mining, both major silver producers and both domiciled in the USA and with US dollar balance sheets. I have experience pressure to shift these holdings to either bullion or companies with non-US dollar balance sheets. Due to the steep decline in the market price of these and most other PM holdings, I am reluctant to make such a switch immediately. My thinking is that though I believe the US dollar sooner or later is going to devalue sharply. However, even when it does, as I see it, I am still protected against the devaluation by holding PM stocks, even though denominated in US dollars. As the US dollar devalues, the PM stocks should tend to rise commensurately or better. To me, the significant risk factor is a total collapse of the US monetary system with PM and other stocks caught up in the chaos. This seems to me to be far less likely than the virtually certain devaluation. Could you please comment on this? I keep wondering if I have missed something and that I should take prompt action to get out of these US dollar holdings. By the way, I am Canadian and most other PM holdings are denominated in Canadian dollars.
Please excuse this rather lengthy post. I have become quite wound up about this situation.

7 Jake Towne May 11, 2009 at 9:26 am

Dear Trace -
Am a big fan of your writings. Could you please send me your email one day? Been kicked off FB at the moment and I want to contact you on something privately.

Jake
Candidate for US Congress in 2010, PA-15

8 Dan O'Brien June 7, 2009 at 12:15 pm

Briefly, what do you know about the IRS re: gold and silver that we should all be aware of? Something about a 28% tax on gain? Supposedly even applies to minted coins? Is there anything that can be done to avoid their reach on coins (if that is truly subject to their greed)? Thanks in advance for an introduction on this subject.

9 Jason Farkas June 11, 2009 at 4:58 pm

Trace,

I am interested in using some of the data presented in your chart, “The Great Credit Contraction” in an article for my company. If you have a moment to email me, I’d like to ask about two piece of data and how you’d like to be sourced.

Thank you,
Jason Farkas, CMT

10 Ted Spaeth June 12, 2009 at 6:44 am

Trace,
Thanks for your information and work. You have some really useful information and charts. What software do you use for your charts?
Best regards,
Ted Spaeth
Hong Kong

11 miroslav June 13, 2009 at 10:33 am

Hellou,

i like your pyramid scheme and it is not clear for me which level includes our bank accounts money. Could you make it more apparent?

12 Scott June 22, 2009 at 7:46 pm

Dear Trace Mayer:

I am writing because I have a couple questions which maybe you could talk about on a podcast.

I have been hearing gold and silver investors and analysts remark that there is a possibility that the COMEX could default, and not be able to deliver the physical metals it either is supposed to have or which it says it has. If there is a sudden demand for delivery of gold and silver for delivery, then what would happen?

Let’s say the COMEX defaults and can’t make good on its promises. Then what would this do to say the ETFs (GLD and SLV), which also presumably get their metals from the COMEX? There are some other ETFs that simply appear to be trading COMEX futures – for example AGQ and Horizon’s 2X gold bull as well as others.

If the COMEX were to run out of gold and silver, then what would happen to those ETFs? Would the (GLD and SLV) ETFs have to suddenly become close-ended funds? In the case of say AGQ, which probably doesn’t have any silver on hand, would that just vaporize? Would investors lose everything?

And let’s say the COMEX were to get ‘Steamrolled”, then what would be the outcome to the COMEX and for the other commodities like oil that also get traded on it? Could the COMEX become totally insolvent if its is no longer able to deliver on its contractual promises?

I am sure that certain parties have derivatives placed on the COMEX. Could a COMEX default unleash a melt-down to the whole market system.

This is a topic I have been wondering about a lot for a long time and which I see no discussion of anywhere.

Thank you for your time and have a nice day.

AS Chichura

13 ezrhino July 16, 2009 at 10:55 pm

investing in gold is so simple. invest in real gold, go to a store and put it in your hand, take it home after purchase. paper/electronic gold is no different in its various forms, you have no direct access to the item; you simply have access to the price.
you must have direct access, or you will either a) experience delays in delivery or b) experience nothing at all (because there is no gold stored).
no iras, no etfs, no electronic. just the real stuff. hasn’t anyone learned yet? people keep putting money into third parties, and then ask where did my money go?

14 Russell Ervin January 13, 2010 at 1:24 am

Trace,

Are you coming back up to Vancouver BC for this weekend’s Cambridge House event? Tim and I had a great time speaking with you at the reception and we’d love to hook up again and share some thoughts….

Russell

15 Trace Mayer, J.D. January 13, 2010 at 12:58 pm

No, I will be in Southern California at the IMN distressed commercial real estate conference and at a wedding for a close friend. Two birds with one stone!

16 Robert Hamilton January 19, 2010 at 5:03 pm

Dear Mr. Mayer,

I had a good chuckle from your last article, describing the boiling points of the precious metals and the temperature at which paper ignites.

Sincerely,

Robert Hamilton

P.S. No relation to the rothschild agent alexander hamilton

17 Chris Rizzuti July 18, 2010 at 8:11 pm

do you have any information positive or negative regarding the two gold depositories in Deleware (First State Depository, LLC and Delaware Depository Service Co.) and are you aware of any others in the U.S.?

18 Trace Mayer, J.D. July 18, 2010 at 11:30 pm

Hi Chris, I am not familiar with either of those depositories. I try to keep the up to date information on the How To Buy Gold Or Silver page.

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