RED FLAG! Gold NOT the answer! Here are my reasons why.
After doing much thinking about the tactics of the banking elite over the last 200 years or so I've come to a very serious conclusion, they can manipulate gold starting back in the late 1800's. If they can manipulate Gold almost 150 years ago then what can they manipulate now? Everything.
They WANTED us on a gold standard after the greenback failed. Because they controlled major gold mining operations around the world and any currency based on what they control means that they can influence any currency based on that commodity.
The ultimate slap in the face to the international bankers is a FIAT currency issued by our congress at 0% for the benefit of the American people. A news paper article from The Times of London said this about Lincoln's greenback and American issued FIAT currency;
“If that mischievous financial policy, which had its origin in the North American Republic, should become indurated down to a fixture, then that government will furnish its own money without cost. It will pay off debts and be without a debt. It will have all the money necessary to carry on its commerce.
It will become prosperous beyond precedent in the history of civilized governments’ of the world. The brains and the wealth of all countries will go to North America. That government must be destroyed or it will destroy every monarchy on the globe.”
Makes one wonder about the calls to go back to the Gold standard. Its been long rumored that Fort Knox is empty as the Federal Government has confiscated Gold from the American people during the times of the New Deal.
I think what the banking elite want is to END THE FED. They are always a step ahead and are aware that people are frustrated with the Federal Reserve. With the Fed gone we will no doubt go back into gold of which they can manipulate. I personally believe that the united States of America has been loosing the financial war against the international bankers, secret societies, because we've been fighting on their terms constantly as quoted by President Lincoln as follows;
“The money power preys upon the nations in times of peace and conspires against it in times of adversity. It is more despotic than monarchy, more insolent than autocracy, more selfish than bureaucracy.”
Here is another quote using precious metals as money;
“They were the men interested in the establishment of the Gold Standard and the right of the bankers to manage the currency and credit of every nation in the world. With Lincoln out of the way they were able to proceed with that plan and did proceed with it in the United States. Within eight years after Lincoln’s assassination, silver was demonetized and the Gold Standard system set up in the United States.”
So now we must really use logic here in order to escape this deadly circle the bankers are trying to put us into. Gold WOULD BE a step BACKWARDS for them as they just cannot print money anymore. However, with their power to still manipulate gold and silver, as they've BEEN doing, they will still yield some control over our financial system. With the world's resources at their disposal I'm not one to type these banking "professionals". It would only be a matter of time before they instituted our nations 4th central bank.
With many economists predicting Gold as high as $5,000/oz. exactly how valuable in Gold will our currency actually be? Will we have any Gold left at Fort Knox? The power to print money is dangerous in an ever expanding government structure, however, when a Constitutional Republic form of government, which is bound to the limited powers set forth in the compact between the states, is allowed to print and control money it gives humanity an opportunity to have money serve them as master bringing in a Golden age like none other seen in recorded human history.
So I dare say; Lets use the system they created to enslave the world as a means to free it. Lets create our own FIAT currency (JFK had the right idea - http://www.aboutclarkston.com/images/5_dollar_bill.jpg) of which they cannot manipulate and pay off all of our debts and truely become a free nation once again with debt being an instrument of the past.
Whoever creates and controls the "money" supply,
is in the catbird seat of advantage to profit immensly. IF, and that's a big IF, our own government had kept control of the coinage of money, and the value thereof, the advantage could have been for the good of our Country, just like it was intended to do. The Federal Reserve act, back in 1913, gave that power to the group of international bankers. Incredible as that now seems, but that's what they did. And why, you may ask, would any Congressman worth his/her weight in salt do such a bonehead thing as that? All I can guess is for personal greed - money. But, it's on the books now, and the greedy whoremongers that are now called the Federal Reserve will protect their position with "our" money at their disposal. I don't think our Congress has the will to put the magic money genie back in the bottle of responsibility.
alan laney
bumped and bookmarked
to read and respond later.
Prepare & Share the Message of Freedom through Positive-Peaceful-Activism.
HERE IS THE ANSWER...
Here is the answer to 'Gold Standard'... Nation's Monetary Policy - valuation of 'greenbuck' type, issued by the Government money, based on a Basket of Commodities
Click on the 'Full screen' icon... 'Zoom in' icon... and use arrows of the side bar to scroll... good reading to all...
http://books.google.ca/books?id=dahiA2ryJH0C&pg=PA153&lpg=PA...
http://books.google.ca/books?id=BnEDno1hTegC&pg=PA182&lpg=PA...
I think what you're missing
I think what you're missing is that nobody has ever considered the gold standard as the perfect system. The point is, everything can be manipulated but some less than others. The fiat system is the most flawed currency system of them all so why use something so perfectly flawed?
Somewhat Flawed > Perfectly Flawed
If you want a more perfect currency system we could revert back to the Yap island, Micronesia system of currency. They used to carve these huge coins made of rock and man handle them down hills. The more people that died in the process, the more the coin worth. Of course this could be manipulated too so I guess we humans are just imperfect fu$% ups, huh? Personally, I'll stick with the gold....
What was the rate of exchange standard ??DOLLARS
IF you're not using gold to buy gold what good is it ...Where is the increase except in someones head . Gold must still be exchanged for something of use or value of use.....A known quantity, Accepted & trusted...Now they want to change the standard .. WHY, because you will not know where you're at financialy...Hidden truth..More phony crisis management manipulation....
you-no
About time
AND , I thank you for the insight ..I've been trying for months to show this...FULL CIRCLE
you-no
I am 100% against any..I repeat any..
Money Monolopy, FIAT Currency or Legal Tender Law. In a free society, free people will decide what medium they will use for exchange and savings. Granting any instutution or government control over the money supply and the medium of exchange is a horrible idea, as they ultimately will not be able to resist debasing what ever that currency is. History has proven it time and time again. Competition in all aspect of Industry, including money and banking is always the best. When Government controls the means of production, we call that Communism/Fascism. I do not support a Communist/Fascist Monetary System of any kind!
I guess that depends on your question....
My brother has been buying gold coins since his teens.... back when gold was like $200/oz. Gold is now at, what.... $900+ per ounce?
If you're buying it because you think it's going to make some 'big moves' real soon, if you're looking at it as your latest 'get rich quick' scheme, you're gonna get burned, and deservedly so.
The reason gold is valuable is because - gold is valuable. Gold will have value when the dollar does not. Gold will have value when the pound does not. Gold will have value when the euro does not.
Gold will never lose it's value completely. If you're buying it for any other reason, you're a fool.
I may not know the truth, but I know when I'm being lied to...
I may not know the truth, but I know when I'm being lied to...
I guess I'm a fool......
I guess I'm a fool...... just think about this.. 4billion ounces of gold on the face of the earth.. 6 billion people.. callapsing economy, 6 billion people trying to get into gold at 1 time and there are only 4 to 6 billion ounces available?? yep I'm a fool.. and its much worse with silver.. you must think this collapse is going to get better.... it isn't..
"When governments fear the people there is liberty. When the people fear the government there is tyranny."
-Thomas Jefferson
I am more concerned about the return of my money than the return on my money. --Mark Twain
“A prudent man foreseeth the evil, and hideth himself: but the simple pass on, and are punished.” (Prov. 22:3; 27:12 KJV)
Hey McCain-----┌П┐(◣_◢)┌П┐
I think you mis-read, Sierra..
I'm saying the folks who ran out to buy gold when it was $1000 an ounce, figuring it was going to go to $2K an ounce overnight are fools.
My brother has done quite well with his long-term buying strategy.... and you probably have too!
I'm hopeful for silver myself. Maybe, if it moves like some of the suggestions I could use it to pay off my mortgage. Or at least part of it.
I may not know the truth, but I know when I'm being lied to...
I may not know the truth, but I know when I'm being lied to...
it has to move the way you
it has to move the way you decribe... it has to.. at some point the manipulation cannot be carried on.. those who say it will not happen have not studied 2500 years of economic history in other nations and peoples..
I wish there was a way i could show this but some people are just thick headed, or banker trolls or both.
"When governments fear the people there is liberty. When the people fear the government there is tyranny."
-Thomas Jefferson
I am more concerned about the return of my money than the return on my money. --Mark Twain
“A prudent man foreseeth the evil, and hideth himself: but the simple pass on, and are punished.” (Prov. 22:3; 27:12 KJV)
Hey McCain-----┌П┐(◣_◢)┌П┐
Hey Sierra,
DId you switch some of your gold over to palladium?
grant
To better understand Goldmoney.com.
Please think of it this way:
I own 5 acres of land with no liens on it.
My business associate wants to sell me a nice car he owns outright.
I trade him 1/4 acre of my land for his car,,,,,over the internet without going through a bank. Personal records are in my computer which I can make copies of and then delete out of my computer.
Except for the fact that in the U.S. ownership transfers are recorded, this is basic-ly how Goldmoney works.
A transfer of Gold/Silver ownership between 2 consenting parties for goods, services, or for a gift, 24/7 -365 days per year, that you alone have access to.
Holding accounts are further protected by each person having a 12 or more digit personal passphrase, which can be changed as often as desired for safety.
One other safe guard is: Whenever a transaction in Goldmoney is made an e-mail is immediately sent with a code phrase to whoever made the transaction to validate that it was indeed the owner of the account.
Goldmoney is also set up with Kitco, one of the worlds leading Gold/Silver dealers, to exchange physical Gold/Silver in or out of the Goldmoney company.
http://goldmoney.com/en/
Anybody in New Hampshire reading that has researched exactly how Goldmoney.com works???
beesting
A independant of any government bullion coin standard
Physically hold real gold no certificates or digital gold these are as prone to fraud as fiat money of any kind.
The market is the only place to create real money.
Remove the power of government to create any money except gold or bullion coins of any metal.
And then only if it is by weight and purity marking not some arbitrary monetary unit.
Fraud.
Digital Goldmoney.com has more safe guards against fraud than your local bank. Please don't make statements until you are sure of what you are saying on a public forum, thank you.
beesting
This is no diffrent...
..than the origins of Fractional Banking (Gold & Silver Smith)...So long as there is good faith in the company that issues the papers notes of deposit..all is good. Let people actually start demanding real Gold or Silver instead of the paper..and in numbers..before too long we see the Gold Smith /Banker has engaged in Fraud..However today we call this fraud the Fractional Reserve system. I tell you what...you take all the paper or digital gold receipts you want...Personally, I'll hold the real deal!
What kind of Fraud
There is transactional fraud , which I believe , Digital Gold Money has a very secure system.
But
I am talking about fraud as in the issuing of more receipts or certificates than the actual amount of gold in their vaults. (fractional reserve)
This can be done, and you have only the assurance of auditors that see the gold only every 3 months or whatever time interval the company allows.
The government can also steal the gold at any time it wishes by seizing the company.
Or the government can use threats to force the company to behave in a fraudulent manner.
Government steals Gold....
...Google "Liberty Mint" for a piece of recent history!
Yes, the FBI broke Amendment IV doing this.
And I just saw a U-tube with Bernard Von___ the founder of Liberty dollars, and he said the government has not charged him with anything yet, clearly un-constitutional!
Luckily the FBI has no authority to use their tactics in other countries, where many Americans are now hiding assets.
beesting
Von NotHaus
I know Bernard personally. He has not been charged wth anything, the Feds took all Liberty Dollar's Gold and Silver and they keep pushing back the court dates.
Liberty Dollar has taken every precaution to perate within the law and not to misrepresent their product as legal tender.
Bernard has a solid case, and the Fed's know it.
--------------
"So this is how liberty dies... with thunderous applause."
--------------
"So this is how liberty dies... with thunderous applause."
* * * * * * * NEW R3VOLUTION HIP HOP TRACKS!! * * * * * * *
Http://www.YouTube.com/mortisnoctu
Thanks for your remarks.
Gold money does not issue receipts or certificates, it is a cash in Gold or Silver only account. Therefore the exact amount of Gold/Silver is always accounted for. If an account holder buys more Gold by exchanging currency for Gold, the Gold ownership is transferred from Goldmoney's holding account to the buyers holding account, and the reverse is true when he sells.
As far as the government stealing the Gold which is stored in Switzerland and London, the Nazis tried that during WW II and were unsuccessful.
The American government would have to declare war on Switzerland or England to steal the Gold and most holding account owners should have plenty of advanced warnings to draw their assets out if that ever did happen.
Thanks for your skepticism it helps others reading to get to know the facts, and if we're ever to End the Fed, we "Must" research other monetary systems.
Here is the link to the site map page, from there you can click on the FAQ page:
http://goldmoney.com/en/sitemap.html
beesting
What are you talking about????
"Gold money does not issue receipts or certificates, it is a cash in Gold or Silver only account. Therefore the exact amount of Gold/Silver is always accounted for."
Unless you take physical possession of the actual Gold or Silver you have purchased...You have "Notes of Deposit". A Simple fact! I care not if they are paper notes or electronic notes....If you don't hold the Gold all you are holding is a promise of Gold or Silver. Of course you take the auditors word for this accounting of this Gold. Who pays the Auditors..hmmmm??? It appears you have a lot of faith in this promise. Much like many before you, in many other banking schemes created with promises of deposit. History has shown that the majority of these "schemes " to be failures. The temptation to loan gold that isn't there seems almost always to great for the Banker/Gold Smith/Institution to resist. You will only be like the 5 Billionth person to eventually get burned by such a scheme. Maybe you won't...I wish you luck. However, I'll not take the risk, nor would I suggest it to anyone.
If it's not in your possession..it's just a promise. I don't care what clever new name you have come up with. It's all the same.
I sincerely wish you would do some research!
Yes, the current failure you mention is the Federal Reserve issued I.O.U. notes!
I have been using Goldmoney successfully for 8 years now!
Here is a link to how digital gold money systems work:
http://en.wikipedia.org/wiki/Digital_gold_currency
In my opinion unless Americans do some intensive research on their own:
"If the American people ever allow private {Central } banks to control the issue of their money, first by inflation and then by deflation, the banks and corporations that will grow up around them, will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered." ~Thomas Jefferson
beesting
You have an unfounded faith in the backbone of the company
Just look at what the swiss banks did , they knuckled under to the IRS , US Fred Gov, breaking contract law, in divulging information contracturally bound to be kept secret.
You did not address the auditor issue
As above you did not address the issue of illegal use of force and threats of force.
This also demonstrates a faith in the lawfulness of government itself.
As evidenced by the US government not enforcing contracts, atempting to pass bills of attainder and ex post facto laws as in the case of AIG, the constitutionality should or lack thereof should have been evident to anyone who can read English, but those laws were almost passed, they were in the house.
Please don't start unfounded rumors, sir.
Here is the latest on the Swiss banking probe, nothing has been decided yet:
1.
http://www.swissinfo.org/eng/front/US_and_Japan_in_frontline...
{snip}
EU and G20
The cabinet is due to meet for a special session on April 8 to discuss a strategy to defend the interests of Switzerland as a financial centre.
"The aim is to maintain the competitive edge and to avoid job cuts," said Merz. {unsnip}
2. Goldmoney auditing: They have audits, which is more than the Fed has click here:
http://goldmoney.com/en/audited-gold.html
3. Every country has local police to protect their businesses. Are you talking about a military invasion?
4. Maybe other governments are not quite as corrupt as the U.S's present government, and why would London/Switzerland which have had strict banking laws that have been followed for about 300 years suddenly change them without a notice to depositors?
5. My faith is founded on this: I have been using Goldmoney for almost 8 years and am only trying to pass on my own favorable experience with it, to others. My Gold holdings have tripled in dollar value since 2001, while all around my area people are losing jobs, retirements, pensions, investments etc.
I am only posting this stuff so Americans can research the State of New Hampshires proposed Goldmoney bill, on their own !!!!!
Something you my friend seem to have trouble doing.
You can lead a horse to water but you can't make him drink!
beesting
Wow...here's a
Wow...here's a suggestion:
After you've done this a couple times, then you would actually have some credibility on this issue (and will be able to recognize how WRONG your proposal is).
The free market is the answer...fiat currencies won't hold up in a free market.
Questioning The Constitution Series
http://paulslist.us - http://news.paulslist.us
Did you read any of the
Did you read any of the comments posted below?
I do not believe that the author of this post is disputing Gold's reserve capacity. His point is that gold can be manipulated just like anything else as long as we continue to allow the fraudulent fractional reserve policies to continue.
The author proposes a debt-free, fully transparent money supply.
I own both physical gold and silver, but like 98% of Americans in the real world, I pay my bills with debit card and FRNs. People will not carry physical gold.
No matter what the medium of exchange, FRNs, physical gold, chickens, unwashed undergarments, or coffee beans, the people want debit cards to perform their transactions. This opens the door for "electronic fractional reserve" banking, just like we have today. We will also have the fraud, just like we have today unless this is corrected.
It's not the type of money, it's how we let them use it against us.
I do not argue the fact that PMs are a store of wealth.
I'm proposing a free market
I'm proposing a free market money, where people have a choice as to what they use, and a socialist fiat currency is not likely to be chosen in a free market.
If you still have a government, and you let the government control the money, you will inevitably have the wealthy and powerful control the money through the government at the expense of the taxpayers, just like we do now.
Questioning The Constitution Series
http://paulslist.us - http://news.paulslist.us
First Principles!
There is a stunning amount of "don't get it" going on here. Is it possible for "us" to learn basic fundamental reasoning?
Gold is not the problem. Fraud is the problem. Failure to acknowledge this is the root of the problem. If you cannot identify things, like fraud, and instead you point the finger at say, gold, you are simply confusing the issue and preventing solution.
Ron Paul is not some stupid fool. His proposal of "competing currencies" deserves much more consideration than "I disagree (without having identified what's going on) with RP on this one (Oh, am I not soooo discerning!)" Implicit in Dr Paul's idea is that fraud is not acceptable.
Fractional reserve banking is a fraud. If the idiots who committed the fraud now hold the gold, that does not indict gold. It indicts the act of fraud and the viper and thieves who committed it. Recover the gold from them.
Was "gold" easily manipulated? Or were people who cannot identify fraud easily manipulated? YOU are responsible for not perpetrating or falling for fraud.
Gold is not the solution nor is it the problem. Gold is inanimate. But it (and silver, platinum, etc) is a commodity, and has all the other characteristics that make is a legitimate store of value; it is money.
Paper may be used as currency but it is NOT MONEY.
FreeManOnLand sez: "Lets create our own FIAT currency ... of which they cannot manipulate and pay off all of our debts and truely [sic] become a free nation" NONSENSE
You CANNOT artificially increase (into one's own hands) the amount of gold, silver, platinum, palladium, etc. ANY FIAT CURRENCY (not money, but CURRENCY) can be inflated at will. As E G Griffin points out Treasury Notes (without debt) are a STEP TOWARDS real money, it is not the answer. Treasury Notes may (or not) be issued without debt, so are better than Federal Reserve Notes that are debt, but ANY FIAT CURRENCY IS EASILY INFLATED, TOTALLY ARBITRARILY.
The notion that we can "create our own FIAT currency ... of which they cannot manipulate" has COMPLETELY missed the point. It is precisely paper that is manipulable, not hard assets. How are you going to prevent government officials from doing what they do when you give them the means to do it? They cannot increase the amount of gold (right into their own hands, of course) but ANY FIAT CURRENCY IS EASILY INFLATED, TOTALLY ARBITRARILY, by printing or electronic creation, or hey, we could just ... a little fractional reserve banking, anyone?
Good one.
BUMP
beesting