Anthem Blanchard grew up with gold. His father was such a dedicated gold bug that he flew a biplane towing a 50-foot sign declaring "Legalize Gold!" at President Richard Nixon's second inauguration to promote the idea that ordinary Americans should be allowed to buy it.
The biplane was chased away by the US Secret Service, but James Blanchard III's wish ultimately came true: in December 1974 Americans were allowed to buy the metal after a 40-year moratorium.
The younger Mr Blanchard inherited his father's passion. After finishing his studies in the early 2000s he went to work for GoldMoney, one of the first online gold companies. And now he plans to take gold further into the digital era, launching a gold-backed digital currency that he calls the Hayek, after Friedrich Hayek, the Austrian economist and free-market hero. Hayek also happens to be Anthem Blanchard's middle name. His first name was inspired by a story by Ayn Rand, patron saint of libertarianism.
This post was published at GATA
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