Jan 092015
My point about gold and silver is that throughout the history of mankind’s commercial interaction, they have been money. Every attempt to do away with them as money has failed as indeed the current attempt will. In 1971 the dollar was worth one thirty-fifth of an ounce of gold now it’s worth about one 1800th of a dollar. The dollar has lost a lot of value and so there is a lot of risk attached to the dollar. I’d rather own gold than own a paper currency because at least I know that the supply of gold continuously grows by no more than one or two percent a year. Where as the supply of a paper currency can grow infinitely if the government wants it to. There’s no limit on how many zeros the government puts on the bill it’s creating. Gold is holding its value. Today gold can buy the same goods and services that it did 10 years ago. If you had ten thousand dollars in the year two thousand, could you take that same ten thousand dollars today, even after a recession, and buy the same goods and services, you can’t. A dollar today is a dollar tomorrow the dollar value is not going to change but what changes is the buying power, what can you buy with it. I think over time if you compare the purchasing power of the dollar or any other fiat alternative for that matter to gold, gold wins. Gold is a better store value and it protects your purchasing power better than fiat currencies Gold and silver may not be official currencies, but they are still the only real and honest form of money. Protect yourself and your financial security. Buy gold and silver now, there is nothing like having these metals in-hand. Buy Gold & Silver Online & Get Free Shipping At CBMint.com! Safe, Secure Transactions! Click Here! Share this:FacebookLinkedInTwitterGoogleTumblrPinterestReddit (more…)
Dec 302014
Our growing national debt is like being a passenger on the Titanic, and trying to change directions to do spending reform is almost impossible. We are going to crash. The citizen taxpayers of today and tomorrow are stuck with the bill and with ever increasing crushing debt obligations. We seem able only to watch helplessly as political leadership in Washington DC continues expanding government obligations — borrowing what they can and simply printing what they cannot. Each day more Americans understand the money bubble will burst, its coming. Our government is increasingly insolvent. The “global reserve dollar” is becoming less used for trade and “the Petrodollar” to be preferred less, and it may not survive at all. The Federal Reserve problem is delusional, they live in the world of dishonest money. FED officials are free to print as many dollars as they wish, the more they print the less purchasing power the dollar has. End the end, the purchasing power you had yesterday is not here today, that loss comes directly from your savings. Real money in the form of “metal-in-hand”, that is, physical precious metals, gold and sliver is a solution. Gold and sliver coins, bars, and rounds represent value that cannot be inflated away. In the long run, no other asset offers the same track record — particularly during turbulent times. Families who save using private, portable, and enduring gold and sliver have been passing wealth from one generation to the next for literally thousands of years. History shows, investments in precious metals do more than simply hold value; they produced real profits. We are likely living in the next of these periods now. Inflation is a worldwide phenomenon forcing entire populations to look for alternatives to the paper in their wallets. “What’s in your wallet”. As more and more people turn to real money, gold and silver, personal purchasing power will rise – it will be amazing — as people bid more aggressively for available stocks. Now is a particularly opportune time for wise people to invest in themselves and buy physical gold and silver coins and bars — both for protection and profit. In every instance of fiat currency collapse, throughout history, gold and silver immediately became “the money”. Why, for the time being, you can exchange your paper currency for real money, gold and silver, by making a simple and direct purchase. A person with (more…)
Dec 112014
This is the basic information about the global economy. We all know that the global currencies, fiat currencies all of them, are going to collapse. If the currency budget bill in congress passes as it stand and the Dodd Frank bill is gutted, this will represent the first domino in the chain of events toward collapse. Watch this course. There are 24 clips from 2 minutes to 20 minutes long. You’ll be glad you did. The Crash Course has provided millions of viewers with the context for the massive changes now underway, as economic growth as we’ve known it is ending due to depleting resources. But it also offers real hope. Those individuals who take informed action today, while we still have time, can lower their exposure to these coming trends — and even discover a better way of life in the process. We’ll show you how.   Prepare your financial self and buy gold and silver now. Buy Gold Here Buy Gold Here Share this:FacebookLinkedInTwitterGoogleTumblrPinterestReddit (more…)
Oct 192014
Good day everyone, I have asked many people the question “if you were being robbed would you rather give up your Money or your Currency?” I would give up my currency! These specific memes and mantras are in place to confuse and the protocols and procedures derived from them are practised until you only hear their language and descriptions of conditions and events. Money represents human labor and natural resources. Money is perceived to be the value of goods and services rendered. Be careful, never call currency money. Money is created through resources and labor, currency is the illusion of money. We print currency with ink on paper, to represent Money, you can’t print Money. Read on and watch the video. – Mike Stop calling currency money Your true wealth is your time and freedom. Money is just a tool for trading your time. It’s a container to store your economic energy until you’re ready to deploy it. But the whole world has been turned away from real money and has been fooled into using currency, – a deceitful impostor that is silently stealing your two most valuable assets. Your time and your freedom. Welcome to the rabbit hole. We are entering a period of financial crisis that is the greatest the world has ever known. The wealth transfer that will take place during this decade is the greatest wealth transfer in history. Wealth is never destroyed. It is merely transferred. And that means that on the opposite side of every crisis there is an opportunity. The great news is that all you have to do to turn this crisis into your great opportunity is to educate yourself. I believe that the best investment that you can make in your lifetime is your own education. Education on the history of money. Education on finance. Education on how the global economy works. Education on how all of these guys, the central bankers, the stock market, how they can cheat you. How they can scam you. If you learn what is going on and how the financial world works, you can put yourself on the correct side of this wealth transfer. Silver & Gold – Hidden Secrets Of Money Ep 1 – Currency vs Money – Mike Maloney [hdvideo id=18] Share this:FacebookLinkedInTwitterGoogleTumblrPinterestReddit (more…)
May 302011
05/23/11 Novato, California – This month, lawmakers in Utah have made plans for gold and silver to be functional as currency in the Beehive State. Utah is now the nation’s first state where precious metals will be as good as US dollars. Some details for how the new legislation will practically impact trade remain murky. For example, merchants are not required to accept metals as payment, nor is there a clear indication as to whether coins should be adopted at face or market value. However, the state law has clearly exempted sales of precious metal coins from state taxes on capital gains. From the Associated Press: “The idea was spawned by Republican state Rep. Brad Galvez, who sponsored the bill largely to serve as a protest against Federal Reserve monetary policy. Galvez says Americans are losing faith in the dollar. If you’re mad about government debt, ditch the cash. Spend your gold and silver, he says. “His idea isn’t to return to the gold standard, when the dollar was backed by gold instead of government goodwill. Instead, he just wanted to create options for consumers. ‘We’re too far down the road to go back to the gold standard,’ Galvez said. ‘This will move us toward an alternative currency.’ “Earlier this month, Minnesota took a step closer to joining Utah in making gold and silver legal tender. A Republican lawmaker there introduced a bill that sets up a special committee to explore the option. North Carolina, Idaho and at least nine other states also have similar bills drafted.” The law has also quickly laid the foundation for launching new business ideas, as the move is a boon to innovation in domestic currency alternatives: “Craig Franco hopes to cash in on it with his Utah Gold and Silver Depository, and he thinks others will soon follow. The idea is simple: Store your gold and silver coins in a vault, and Franco issues a debit-like card to make purchases backed by your holdings. He plans to open for business June 1, likely the first of its kind in the country… “…At the moment, Franco’s idea would generally be the only practical use of the law in Utah, given the legislation doesn’t require merchants to accept the coins, either at face value — $50 for a 1-ounce gold coin — or market value, currently almost $1,500 per ounce. And no one expects people will be (more…)
May 252011
The Dollar Bubble starring Peter Schiff, Ron Paul, Marc Faber, Gerald Celente, Jim Rogers, and others. Prepare now for the U.S. dollar collapse. Become a member of the National Inflation Association for free at http://inflation.us Video time: 30:26 httpv://www.youtube.com/watch?v=eZA0qNsf4m0 Share this:FacebookLinkedInTwitterGoogleTumblrPinterestReddit (more…)
May 072011
Dollar to RMB Question – Would you rather hold currency that is backed by nothing or one that is backed by gold or silver? It is rumored that the Chinese government is considering at least a partial backing of their renminbi currency by gold bullion. China has been buying gold, copper, silver and mining companies at a rapid pace. They have been using their U.S. Dollar holdings to do so. Although it is true that China is looking at asset bubbles in housing and equities, it is interesting to consider the possibility of the RMB becoming the new world reserve currency in the coming decade. httpv://www.youtube.com/watch?v=v3Oqnbd2aVQ Share this:FacebookLinkedInTwitterGoogleTumblrPinterestReddit (more…)
Apr 302011
James Turk Published 4/25/2011 The international monetary system is stacked in favor of the United States. It has been that way since the Bretton Woods conference in 1944 placed the US dollar at the system’s centre, thereby making it the dominant currency in global commerce. Although the international monetary system presently operates far differently from the mechanism established by that conference more than six decades ago, there is no denying that the US dollar still takes center stage. Though international trade denominated in US dollars has fallen from its peak around 95% to about 55% today, the dollar is still by far the most widely recognized and used international currency. The euro trails at a distant second, with the British pound, Japanese yen, Chinese yuan and other currencies even further afield. As a consequence of this leading role as well as the perennial US trade deficits, the dollar is the most important national currency held in reserve by governments and their central banks. As but one example, about 90% of Japan’s foreign currency reserve is denominated in US dollars. China, which holds the world’s largest currency reserve, does not disclose its composition, but it is believed that well more than one-half of its total $3 trillion reserve is denominated in dollars. This accumulation of dollars has been advantageous to the United States. It has kept these dollars out of United States, which would have a huge inflationary impact if they were used to purchase US-based assets. It has also helped the federal government finance its perennial operating deficit, and dollar interest rates today are no doubt lower than they would otherwise be if central banks were not regularly buying US government debt instruments with the dollars funneled to them from exports sent to the United States. In its trade with China and Japan, the United States in effect imports refrigerators and automobiles and countless other goods and exports dollar denominated IOU’s to pay for them, but rising tensions signal that many countries are questioning whether they should continue accepting this dollar imperialism willingly. China in particular with huge surpluses is becoming less inclined to automatically accumulate dollars endlessly. It and other countries recognize that the dollar is not a neutral tool in the international economy, but rather, a weapon. In the view of Washington, D.C., policymakers, if you use the US dollar, you have got to play by their rules. Many (more…)
Apr 282011
Gold prices closed Wednesday at a new record high of $1528.30 per ounce on the New York Spot Market following comments from Federal Reserve Chairman Ben Bernanke. The Fed Chairman signaled the Fed would complete its $600 billion bond-buying program as scheduled, with no plans to raise interest rates in the near future. Silver prices rose over 4% to $47.79 per ounce. “The Fed kept [talking] about keeping rates low for an extended time; you had buyers jump on the gold and silver bandwagon because of that,” said Matt Zeman, head of trading at Kingsview Financial. Market watchers were interpreting Mr. Bernanke&’s comments as an indication the central bank might tolerate higher inflation, which can be a positive for gold and silver. Easy monetary policy has helped spur gold and silver prices to recent record highs. “They’ve said that there’s no imminent reason to change policy,” said Jim Steel, senior vice president and metals analyst with HSBC Holding in New York. “That implies that monetary policy will be accommodative perhaps longer than expected.” The Fed’s statement also pressured the U.S. dollar, further boosting the precious metals. Dollar-denominated gold and silver tend to rise when the dollar falls because they become less expensive for buyers using other currencies, helping demand. (Sources: “Gold Extends Record During Bernanke Conference,” Wall Street Journal, April 27,2011   Share this:FacebookLinkedInTwitterGoogleTumblrPinterestReddit (more…)