[CitizensTruth] Is Gold money???
Geri Perry
geri at thetwofacesofmoney.com
Fri Mar 13 19:10:04 EDT 2009
Mike etal,
Re: Someone would be willing to accept [gold/silver] for things I need.
--- Maybe. Maybe not - if government made such things illegal.But even
if "someone" would be able to accept gold/silver in exchange for
something you needed, how would your gold/silver be valued by that
"someone". What kind of guarantee is there that it would be a "fair"
exchange in other words?
RE: Why did Roosevelt confiscate the people's gold?
-- he confiscated it because the London banking machine wanted to
revalue gold upwards to $35 an ounce, which is why FDr revalued the gold
dollar 9 months later, and kept the profit for the government. That move
helped stabilize England's currency. Gold has LONG been used by the
elite to control the masses - and their governments. I suggest you all
read the very short volume Promise to Pay: An Inquiry into the Modern
Magic of High Finance by R. McNair Wilson, first published in 1934,
revised, 2nd edition in 1964 - and still relevant in understanding money
and the role of gold in "high finance" today (and always).
RE: What things of value did the legendary pirates put in their treasure
chests: diamonds, silver, gold - or paper fiat money?
--- These have for 1000s of years been used by the elite as "money" and
a store of wealth. The pirates were merely stealing what was being
hoarded by the elite. I'm quite sure that if paper money were on the
ships the pirates would not be adverse to taking it (and using it for
goods). (Diamond prices as you know are inflated and controlled by the
DeBeer's (sp?). Likewise gold, and all commodity prices are manipulated
by the few who operate the NYMEX , the London Exchange, etc)
The only things with REAL intrinsic values are food, water and air (and
our labor).
As to Zimbabwe, you must have missed my post on that. But here is a snip
from another post: Our current problem is DEFLATION and the reason is
that asset values are still collapsing. Under the current, unbelievably
corrupt system we need to pump "money" - in the form of debt payable by
we the taxpayer - into the system. Owing to the hundreds of trillions of
dollars in outstanding "bad asset" derivatives we, and the entire globe,
are now being consumed alive by an insatiable money creation monster.
Around the bend are escalating interest rates, which is what brought
down the Weimar Republic. Inflation in this context is a false canard!!
As to money creation, I am BEGGING you to CAREFULLY CONSIDER analyzing
what I and others are saying instead of blindly following Lew Rockwell &
Co. and note that I used to follow Daily Reckoning as well, they WERE
right about the RE collapse, but they go off the mark elsewhere a little
too often for my taste.
Anyway, PLEASE do me a HUGE FAVOR and watch these three video clips
CAREFULLY, VERY CAREFULLY, and over again if need be. They nicely
explain, using a different approach than I do, exactly why gold and
silver are not money and who is the least trustworthy to handle money
creation , under 28 minutes total time for all 3. Part 1 (links in
margin to #2 & #3): http://www.youtube.com/watch?v=9E0UPBtmTb0
Your eternal friend in truth,
gerip
Mike Kirk wrote:
> OK OK, so even in crisis gold/silver is not money. Perhaps it would
> be better if I called them "gold/silver barter coins' instead of
> money? :-) Whatever I call them, I am confident that someone would
> be willing to accept them for things I need - food, weapons, shelter, etc.
>
> Why did Roosevelt confiscate the people's gold? Because it had
> intrinsic value! It allowed him to inflate the money supply with fiat
> money. Roosevelt should have been impeached for this treasonous act.
>
> Did Lew Rockwell and similar think-tanks originate the legends of
> pirates on the high seas? What things of value did the legendary
> pirates put in their treasure chests: diamonds, silver, gold - or
> paper fiat money?
>
> If the government that spends the fiat paper money into circulation
> becomes defunct, I would rather have gold, silver or similar commodity
> in my possession - it has intrinsic value. Would you take Zimbabwe
> currency these days - not me. *http://tinyurl.com/6223tw*
>
> Democracy (or any form of government) collapses when the majority
> discovers it can vote for itself (create out of thin air) treasure
> from the public coffers. Let the people decide what they want to use
> for money - it keeps the politicians and bankers from corrupting the
> system with their lies and deceit - like fractional reserve banking.
>
> I fail to understand how a government can be allowed to create 'debt
> free money'. If "We the People" are the government, then can "We the
> People" create our own 'debt free money' as well? Probably not, it
> would be counterfeiting, correct?
>
> A government (or banking system) in complete control of the money
> supply will eventually enslave it's people with debt (or burden them
> with excessive taxation).
>
> -Mike
>
> --- On *Fri, 3/13/09, Geri Perry /<geri at thetwofacesofmoney.com>/* wrote:
>
> From: Geri Perry <geri at thetwofacesofmoney.com>
> Subject: Re: [CitizensTruth] Is Gold money???
> To: "Mike Kirk" <mjkirk12 at yahoo.com>
> Cc: citizenstruth at six.pairlist.net
> Date: Friday, March 13, 2009, 4:17 PM
>
> I cannot for the life of me understand why Rockwell perpetuates such half
> truths!!
>
> UNLESS . . .
>
> Rockwell's function is to forward the message of the money elite via tax
> exempt foundations aka "think tanks". According to an article in
> Reason Magazine Llewellyn Rockwell, Jr is the founder of the Ludwig von Mises
> Institute - which was funded by the Volcker Foundation. (Also see this article
> for the surprising connection to Marxism: http://populistindependent.org/ ) Von
> Mises in turn earned his money in a Rockefeller Foundation funded business
> research institute.
> http://www.ssrc.org/programs/thinktanks/Plehwe.pdf
>
> Rockwell was also, according to Reason, the person responsible for those
> controversial and highly racist articles that caused the Paul campaign such
> angst in the last presidential selection. See:
> http://www.reason.com/news/show/124426.html
>
> BOTTOM LINE is Neither Gold nor silver is money - not even in times of crisis!
>
>
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