Comment: I have to wonder just how

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I have to wonder just how

I have to wonder just how gold and silver in the U.S. could depend on the Rothschilds since their ownership is, compared to global reserves, rather minor.

The headlines are from April 2004:

“LONDON, April 14 (Reuters) - NM Rothschild & Sons Ltd., the London-based unit of investment bank Rothschild [ROT.UL], will withdraw from trading commodities, including gold, in London as it reviews its operations, it said on Wednesday.”

In fact, oddly enough, the Rothschilds actually walked away from about 260 years in the gold market back, that is when they gave up their Chair on the London Bullion Market. You will also find other strange things that were associated with the Rothschild decision, one being that the World Gold Council announced that it was closing over half of its global offices approximately the same time as NM Rothschild & Sons, ltd.

For what that’s worth, its hard to tell exactly what such movements were about, what significance, if any, it had on their actual holdings, but there were some who suspected that the Rothschilds had lost a great deal of money and resources due to some trades.

The use of gold and silver, as I stated, once it is released as money, it is very difficult to control, or for that matter influence, though there have definitely been attempts to do so through the years. Gold and silver are much more susceptible to manipulation outside the monetary realm than in, that is because the market mechanics are completely different and the basis of pricing is also completely different. Once gold and silver become money, the market forces that were once subject to external influences due to the fact that such currencies are now priced in fiat currency, are no longer factors as gold and silver act as money in the market. In other words, at present, gold and silver are subject to the market forces exerted through a system of fiat money, once gold and silver are allowed to be money, the dynamics completely change within the market.

Dr. Paul seems to trust GATA (Gold Anti-Trust Action Committee) I too find that they provide pretty accurate information on gold and any attempts to manipulate or control it, but their present view is how gold is being possibly manipulated as a commodity, not as money, which would change everything about the way gold operates within the market.

In other words, what I am saying is that gold functioning as money is not nearly as subject to manipulation and control as all fiat monetary currencies are, nor is it as easy to hid things when gold money is involved, gold demands accountability in governments and in businesses. Besides, if the Rothschilds, or even the Central Banks around the world had such power, they certainly have not used it very well, for the fiat price of gold is not serving the purpose behind such manipulation, which would be to depress the fiat price, not inflate it. Additionally, there is simply too much gold in the hands of individuals for such manipulation to take place, especially once gold and silver are allowed to be money.

Well, nothing is wrong with the idea of Congress creating a currency attached to nothing outside the US except the fact that it is not allowed by the Law of the Land, and that is, after all what we are attempting to restore, the Law of the Land and in doing so restore justice to this country, freedom and liberty to its people.

"We are not a nation, but a union, a confederacy of equal and sovereign States" John C. Calhoun