Texas and gold and silver currency
Posted by jimjamesjames 10 years, 2 months ago to Economics
Possibilities like this excite me and give me some sense of hope. Thoughts?
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Jan
When the economy crashes, Big Brother will want an Animal Farm turning to him--not any free people turning to Texas.
For the part the bad guys play in gold manipulation, see: http://gata.org
The problem here again is that Gold to has become a "fiat currency". Financial institutions have been issuing "Gold Certificates" the same way they were lending money (one in the bank and 15 imaginary dollars). Then there is all of the "Ghost Gold" like the Gold that is supposed to be at Ft Knox but obviously isn't there. Is there really more, or less actual physical gold in the world than what the figures pronounce. I'm not a pessimist, but I believe less. After all, the numbers come from the moochers and looters that run the Federal Reserve and the world governments.
At any rate, the amount of known gold in the world divided by the fiat currencies in the world suggest a gold "price" way above where it is now.
What FDR really created was a underground Gold economy.
Not to mention all of the unaccounted Gold taken out of private mines. Here in Arizona alone there are hundreds of small mines owned by individuals. How much Gold they produce is virtually unknown.
http://www.numbersleuth.org/worlds-go...