Ever heard someone say that, "Gold is a relic from the barbarous past."
Who said that?
Why do banks and countries stack tons of gold bullion in highly secured vaults?
THINK ABOUT IT...
On March 9, 1933 Franklin D. Roosevelt called Congress into an "emergency session" to, "save the banking system."
They quickly passed the Gold Confiscation Act of 1933. They seized gold bullion, made it illegal for people to own private gold bullion or to do transactions with gold, and they gave everyone a $20 Bill for each ounce. A short time later, the government re-valued gold at $35/ounce, thereby defrauding the American populace of a 75% capital gain on their gold.
At that time, the Exchange Stabilization Fund was created. The Exchange Stabilization Fund of the United States Treasury was created and originally financed by the Gold Reserve Act of 1934 to, "...contribute to exchange rate stability and counter disorderly conditions in the foreign exchange market." Never heard of anything called the, "Exchange Stabilization Fund?" There's a reason for that! Try finding out what the Exchange Stabilization Fund has been up to lately: and good luck with that!
The next year, 1934, silver was confiscated. The U.S. Mint collected almost 123 million ounces of silver between 1934 and 1938. That's about 5,125 tons of silver.
USELESS RELICS OF THE PAST ???
Gold was legally made available to private citizens to own in 1971.
In 1971, gold was $37.38/oz. From then until today, gold has gone up 3,372%
In 1971, silver was $1.65/oz. Silver has gone up 918%.
According to https://www.usdebtclock.org/ today, gold should be $5,225/oz and silver should be $643/oz.
So, why don't we all know about this and have it VERY CLEAR in our minds that gold and silver are money?
Inflation. The process by which the banks and the government impose a "secret tax" upon your wealth, slowly depriving you of your rights to LIFE, LIBERTY, and THE PURSUIT OF HAPPINESS. One percent per year, or two percent per year. For the last 106 years, since the creation of the Federal Reserve Bank, the people of the United States - and then the whole world - have been slowly sucked dry of their wealth. And, we have been converted into "debt slaves:" taught by our institutions to go to college, get a degree, get a job, invest in the stock market, retire and then die - while we are taxed at every step in the process. After you die, there is also an estate tax for your children to pay.
LAND OF THE FREE ???
You're free to go into debt for a college degree, go into debt for a car, go into debt for a vacation, and go into debt for a house. What's the average interest rate on consumers for all of these things? Over the course of your lifetime, the average American will have a further 15% of their lifetime income eaten up by interest payments. So, after your income has been taxed 5 times, you're losing another 15% of your wealth to pay for debt interest.
I have nothing against "immigration." In fact, I grew up in San Diego. Many of my childhood and lifelong friends are hispanic and black. I can tell you that if I'd been born in Mexico, I'd be right there with the young men - scaling the wall, illegally crossing the border, coming to America for the financial benefits and opportunities the U.S. represents. America is a great country, and it is no wonder that many people wish to come here.
But, for those of us who are legal citizens - fewer and fewer people can afford to get married and have children. Our politicians tell us we've got to spend our tax dollars helping new, illegal immigrants come to America, get welfare, food stamps, housing, free legal services, and medical care - because, "that's the humane thing to do."
Is it "humane" what the U.S. government is doing to its' taxpaying citizens???
Are you a homophobic, islamophobic, mysoginystic, racist for pointing out the fact that you are being slowly robbed, raped, and murdered by your own government?
Now that it's becoming clearer, more every day, that the current U.S. Dollar system is in the process of failing: CAN YOU THINK OF ANY REASON WHY THE GOVERNMENT IS NOW TRYING TO STRIP AWAY OUR 2ND AMENDMENT RIGHT TO BEAR ARMS???
These are not Democrat, Republican, Right, Left, or Libertarian, "talking points." If you are a U.S. Citizen, your way of life and livelihood are currently under direct threat from within and without. What are you going to do about it? I'm going to keep on stacking...
DISCLAIMER: I am not a financial advisor. Anything in the above content is meant for educational/entertainment purposes only. Do not make trades based on this article. I am not responsible for any financial gains or losses you make in regards to this information.
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It's worse than you ever thought,....
https://www.federalreserve.gov/faqs/currency_12771.htm
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I believe the New U.S. Monetary System is about to be "Activated"...
Do yourself a favor and read my last post...
It's an old post, but you can still leave a Comment, to let me know what you think...
June 27, 2019...