“This is the most dangerous time in human history for capital.”
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Tag Archives: Gold & Silver Coin
The Big Lie
Swedish rikdsdaler riksgälds, a fiat money from 1791. (Photo credit: Wikipedia)
The BBC recently published “Eurozone crisis: Fear returns” in which they reported:
“Just a few weeks ago the head of the IMF, Christine Lagarde, looked at Greece and declared ‘economic spring is in the air’. Others were equally optimistic. French President, Nicolas Sarkozy, said ‘The financial crisis is turning. Today the problem is solved.’ The President of the European Council, Herman Van Rompuy, was equally upbeat when he said ‘the turning point in the crisis has been reached.’ The EU’s Economics Commissioner Olli Rehn chimed in with ‘the risk of explosion is behind us’.
“Today, such bursts of optimism seem foolishly premature. The eurozone is once again rattling financial markets.”
Did these officials really express honest “optimism” or did they tell lies intended to create unwarranted public confidence?
Edwin Vieira on Gold & Silver Currency
Image by sirqitous via Flickr
Edwin Vieira is interviewed by James Turk on the subject of restoring gold & silver coin as constitutional money.
Another idea whose time has come.
The video is a little slow-moving, but it offers some good information on the growing political struggle at the State level to restore gold and silver coin as lawful currency.
video 00:44:10
http://www.youtube.com/watch?v=cHKD4wSpE78
The States of the Union vs. the Territory
Image via Wikipedia
I embrace the fantastic hypothesis that the federal government has created a second, alternative set of “states” that are, in fact, administrative districts of a “territory” rather than States of the Union. In essence, this “State-vs-territory” hypothesis argues that “TX” is a territory while “The State of Texas” is a member-State of the perpetual Union styled “The United States of America”. Whichever of these venues (territory or State of the Union) that you inhabit will determine your rights, your duties, your taxes, your liabilities to arbitrary, unlimited government or your liberty within a limited government.
The idea of two, alternative “venues” (the States of the Union and territories) is at least fifteen years old. So far as I know, the first person to advocate this concept was Paul Andrew Mitchell (writing under the pen name of “Mitch Modeleski”) in his book The Federal Zone. The concept was picked up and amplified by Richard Kegley, TJ Henderson, Ed Wahler and Dennis Craig Bynum in A.D. 2006 in a book entitled USA v US. I’ve studied and explored this concept for at least 10 years and, fantastic as it seems, I believe this hypothesis to be true.
I realize that the idea that our own federal government would intentionally “overthrow” the governments of the States of the Union, supplant those State governments with territorial administrative agencies seems too fantastic to believe. I’ve spent at least 10 years looking for evidence to disprove this incredible hypothesis. But after ten years of looking all I can tell you for sure is that: 1) It looks like a duck; 2) it walks like a duck; 3) it quacks like a duck; and 4) it goes good with orange sauce. I still can’t prove that it’s a duck, but I’ve seen nothing in 10 years to suggest that it’s not.
Lindsey Williams Warns: Dollar Dies by End of A.D. 2012
Image via Wikipedia
Chaplain Lindsey Williams claims to be closely associated with a couple of unidentified “global elitists”. Over the past several years, these “elitists” have allegedly revealed to Chaplain Williams their plans to control and perhaps collapse the US & global economies. Williams has shared his knowledge and predictions for several years in books and radio interviews.
I find his claims to be both credible and hard to believe. They seem credible because they sound logical and plausible and he presents chains of logic that I have independently deduced on my own over the past several years.
On the other hand, Chaplain Williams’ claims are hard to believe because the “elitists” who are behind these various conspiracy theories have allowed Chaplain Williams to continue to expose their plans. Unless the “elitists” have an ulterior motive for allowing their plans to be exposed to the “great unwashed,” I’d expect the elitists to have (one way or another) silenced Chaplain Williams (or the couple of elitists who are spilling the beans) long before now. Assuming the “elitists’” plans depend on secrecy, and assuming that Williams has persistently exposed their “secrets” for several years, why hasn’t anyone whacked the good Chaplain?
Economist Marc Faber has Bad News and Good News
Image via Wikipedia
On February 21st, Alex Jones interviewed economist Marc Faber concerning the current state of the US and global economies and where we’re headed. That interview is recorded in two videos at YouTube under the headline:
“Marc Faber: The Total Financial Collapse of America is Here! – Alex Jones Tv 1/2”.
In fact, that headline is disingenuous. It might be a misstatement. It might be an exaggeration. It might be fear-mongering.
In fact, Mr. Faber did not expressly say the “collapse” is here—as in “right now” or nearly “right now”.
Faber did say that we are in the “end game” right now. And he implied that an economic collapse is inevitable. But he repeatedly implied that the US and global economic systems could hold together for another three to seven years.
Eric Sprott: The Government Lied… There’s No More Silver!
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Eric Sprott (a financial analyst) speaks on the economy, gold & silver.
Official figures on gold/silver have been “misstated” by the gov-co. Gold–the premier investment for the past decade–is held by less than 1% of investors. If the number of gold investors increased from just 1% to 3%, the demand for gold would theoretically increase by 300%–and the price? God only knows.
If interest in silver increases similarly, the price of silver can also skyrocket even more explosively because the supply of silver is far more limited than the supply of gold.
Video
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http://www.youtube.com/watch?v=T2w7wGwUZ9Y
Bix Weir: Crash Could Come in March; $6,000 Silver Possible
Image by Madbuster75 via Flickr
Bix Weir is the author of the “Root To Roota” theory which claims that Alan Greenspan (and even Ben Bernanke) are “good guys” who are trying to intentionally collapse the economy in order to strike a mortal blow against fiat currencies and force the world to return to a gold and/or silver standard for money. The idea that the Federal Reserve System is and has been run by guys determined to destroy the Federal Reserve System strikes me as extremely improbable. Are we to believe that the people that Greenspan and Bernanke work for are so stupid that they couldn’t figure what the two Fed Chairmen were really up to? I don’t think so.
“Red Alert”: A.D. 2011 Gold Confiscation?
Image by International Monetary Fund via Flickr
Roger Weigand is a widely-respected authority on precious metals production and markets. He’s recently released a “Red Alert” (text below) that warns that according to several “impeccable” “high-level” sources, the US government may try to confiscate the American people’s gold this year. This possible confiscation is said to be proposed as part of an International Monetary Fund (“IMF”) plan to create a new global currency that will: 1) replace the dollar; and 2) be at least partially backed by gold.
Mr. Weigand describes this proposed confiscation as a “potential”–not a done deal. Maybe the IMF will create a new global currency; maybe not. Maybe gov-co will try to confiscate; maybe not. But the “potential” for confiscation is reportedly greater this year than ever before.
Notes on “Territory” and “People”
Image via Wikipedia
It appears to me (and others) that the States of the Union (“The States”) may have been rendered insolvent and non-functional when the federal government removed gold (A.D. 1933) and silver (A.D. 1968) from domestic circulation.
Article 1.10.1 of The Constitution of the United States declares that “No State [of the Union] shall . . . make any Thing but gold and silver Coin a Tender in Payment of Debts.” Note that this prohibition applies only to States of the Union–not to territories and/or the federal government. How can the governments of the States of the Union continue to function constitutionally if there’s no gold or silver in circulation with which to pay debts or collect fines and fess?
Thus, it appears possible that the governments of the States of the Union could have been virtually destroyed by simply removing gold and silver coin from domestic circulation. Which is exactly what the federal government has done.
