4 votes

$1 Federal Reserve Bank Note Worth 1% of a US Dollar

1913 U.S. $20 Dollar Liberty Gold Coin:
http://i42.tinypic.com/fpcd9y.jpg

Gold is currently at $1795 Federal Reserve Notes per ounce. Based upon the 1913 US $20 gold coin pictured above, coined the year the Federal Reserve bank was created, the current Federal Reserve Note is really only worth about 1% of the 1913 dollar.

Where did the other 99% of the dollar's value go?

It was stolen through counterfeiting.

Further info on the 1913 US St. Gaudens Double Eagle Gold Coin
http://www.ebullionguide.com/US-1913-Gold-St.-Gaudens-Double...

Write your representatives and ask them to support H.R.459 and S.202, the Federal Reserve Transparency Acts of 2011, and H.R.1098, the Free Competition in Currency Act of 2011.

http://www.contactingthecongress.org/

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I couldn't even write this without gold going up over $1800

The FRN is weakening by the minute. Someone is having a terrible time suppressing the value of gold.