Currently viewing the tag: "as a next step"
In President Franklin D. Roosevelt’s Executive Order 6102, to confiscate gold from the people of the United States, the face value had to be paid to the person(s) relinquishing their gold.
If it was gold bullion it had to be paid for the market value. So if $100.00 worth of gold was turned [...]
Until 1964, circulating dimes, quarters, half dollar coins were 90 % silver.
In 1965, those coins turned into what some called the Johnson slugs. They were copper sandwiched in between nickel plating.
Silver is a fascinating investment. It’s not only a monetary metal but it is also an industrial metal.
Those two facts [...]
In 2005 through 2007 it was too easy to get a mortgage.
And now the banks are making it too difficult.
And that is an irony, when the market has a huge oversupply of homes that have to be absorbed.
And even though housing is as affordable as it has been in a [...]
When negative real interest rates is mixed with stimulative money supply efforts by global central banks, you get an exceptionally potent formula for higher gold prices that could send GOLD to the unimaginable level of $10,000 an ounce.
As A Next Step For Using Gold For Money
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The United States economy never emerged from the recession that began in 2008.
The prognosis for recovery doesn’t look good, especially in 2013 after the 2012 election.
President Barack Obama has tried to spend the economy back into recovery. With the government’s own management of money, [...]
In the History of the US Currency, in the early days of the nation, before and just after the revolution, Americans used English, Spanish, and French money.
In 1690 The Massachusetts Bay Colony issued the first paper money in the colonies, which would later form the [...]
“So you think that money is the root of all evil.”
“Have you ever asked what is the root of money?”
The Money Exchange: “Money is a tool of exchange, which can’t exist unless there are goods produced and men able to produce them.”
“Money is the material [...]
So, the money exchange has been made and Ten Billion Dollars now sits in a bank account.
Here’s where it gets very interesting.
For as based on the fractional reserve practice, that Ten Billion Dollar deposit instantly becomes part of the bank’s reserves, just as all deposits do.
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A number of years ago, a central bank of the United States, The Federal Reserve Bank, produced a document entitled “Modern Money Mechanics”.
This publication detailed the institutionalized practice of currency creation as utilized by the Federal Reserve and the web of global commercial banks that it supports.
On [...]
According to the Constitution’s Article 1, Section 8, it basically says only the people have money power through the Congress.
I learned about this: The Congress is supposed to represent the people not the corporations. There’s nothing in the Constitution that says, “Goldman Sachs and Bank of [...]
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