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If one was to purchase gold and silver as insurance and track the spot price at kitco.com on an hourly or even weekly basis, one is missing the purpose entirely. Do you review your health, home, or automobile insurance policies weekly? Of course not. You review it before you purchase it, put the policy in a safe place, and bring it out when you need it.

Then there is the camp that loves to argue that silver and gold are a worthless store of value and that good stocks with good dividends are the way to protect your purchasing power over the years, to be a store of value. Stocks are a superior alternative to precious metals, they insist. Besides, Warren Buffet stated, “Gold is a barbarous relic.”

In reality, the U.S. dollar is the barbarous relic. It is worth only paper and is used as currency by faith and tradition. Gold and silver have never been worth nothing. Even more confirmation of this is here: Gold still compares favorably with stocks and inflation

There have already been eight, yes eight, devaluations of the U.S. currency since 1933. In 1933 FDR outlawed the private ownership of gold. Most people foolishly turned theirs in. When all of the gold that was going to be got (wink, wink) was turned in, FDR devalued the dollar 59%. He raised the price of gold from $20.67 an ounce to $35 an ounce. In 1971, President Nixon raised the price of gold to $38 an ounce, and in 1973 it was raised to $42.22 an ounce. Wow! That’s three devaluations. Then the U.S. government ordered the Federal Reserve Corp to eliminate the silver from the coinage, which was another devaluation. Then the slow grind of the rising money supply from 1973 to 2006 forced couples to work just to live in a similar manner as their parents. Now, we have QE1, QE2, OPERATION TWIST, and QE3, which were ALL devaluations. That is exactly what the world and in particular, the Chinese, see. Everyone that bought our bonds is losing their value because of the creation of U.S. money. That is called monetizing the debt. It’s great for us, but it stinks for everyone else.

To understand the banking world you are forced to live in, this is excellent! This is your primer to understand way more than your friends or the typical American. Arm yourself with knowledge! It is a great intro.

Experts are telling you what they are about to do! Right now, today! This brings us to the end. (I think I already said that). I have paid attention and studied worldwide macroeconomics for over 35 years. This is the first time in history where we have every nation in insurmountable debt. Most all are in extreme debt, meaning that their debt surpasses their nation’s ability to produce income or Gross Domestic Product (GDP), as it is known. The U.S. has a GDP of approximately $17 trillion. Of course, you have heard that the U.S. debt is $18 trillion. And you may have heard that the U.S. unfunded liabilities, Social Security, Medicare, Medicaid, Fed Gov Pensions, et cetera is over 240 trillion. Okay, when speaking of ridiculous numbers and concepts such as the debt, who gives a hoot. There is no proof of the validity of any of these figures, nevertheless when I go to the grocery store and buy coffee I see the difference in package sizes. Remember?

At this point, it is best to conclude by reflecting on the long career of one of the best macro economists still alive today, Alan Greenspan. As head of the Federal Reserve Corp., he was horrible. Overseeing the transfer of manufacturing capacity and manufacturing jobs to China, he did a great job of gutting the USA. Of course, not to be outdone, the witless Ben Bernanke oversaw the transfer of 100s of tons of gold to China and the purchase of the JP Morgan worldwide banking headquarters located right next to the NY Federal Reserve Corp. The building has a tunnel to the NY Fed Reserve building! The Chinese bought it for under a billion $$$ when the complex was valued at over 5 billion $$$. Hmm.

Let’s get back to Greenspan. Before he was appointed as Fed Chairman, in 1966, he wrote the following:

An almost hysterical antagonism toward the gold standard is one issue which unites statists of all persuasions. They seem to sense – perhaps more clearly and subtly than many consistent defenders of laissez-faire – that gold and economic freedom are inseparable, that the gold standard is an instrument of laissez-faire and that each implies and requires the other.

Check out the rest here.

Greenspan went on to be the fed chairman from 1987 to 2006. During that time he did not speak of gold like he did in the 1960s. However, he did deliver what we call forewarning signals at crucial times, and every time he was correct. To recognize these, one must listen to their speeches and decipher the meaning. For example:

• In the late 1990’s he stated, concerning the dot com bubble, “That this unbridled exuberance in the market place cannot be sustained”. I thought about what he meant for about a month. Then it came to me. What he was saying was that the dot com bubble was going to burst; get out! We got out one month before the collapse.
• In 2007, Greenspan said that “the housing market was frothy.” I had studied many speeches delivered by the Federal Reserve Corp. from the 60’s to 1980’s. By then I understood perfectly. In the futures market we bet that Freddie Mac and Fannie Mae were going to go lower. He was telling us that the housing bubble is about to burst, and it did.
• Now, forward to 2014. He is answering questions at the International Monetary Fund (IMF). He is getting back to his original belief that gold, and to a lesser degree silver, are money. The rest are currencies. From his meeting at the IMF, October 29, 2014:
  • “Price of Gold Will Rise”
  • Greenspan said, “The only protection against inflation is gold”, and I would add silver
  • And what about QE? He made the following comments on the subject, Greenspan: “The Fed’s balance sheet is a pile of tinder, but it hasn’t been lit … inflation will eventually have to rise.”
  • Q: Why do central banks (still) own gold? Greenspan: “This is a fascinating question.”
    • He did not answer the question, but he did point out: “Gold has always been accepted without reference to any other guarantee.”
    • What does this mean? Understanding their language, what he said was that when you accept any world currency, you are trusting that government issuing the currency can back up the value of the currency. Gold and silver require no government, no promise, and no weapons to guarantee their value. Gold and silver have always been money and always will be money. Currencies come and go.

      While Greenspan did not want to comment on current policy, he was willing to give a forecast on the price of gold, at least in a Greenspanesque way:

      Greenspan: “The price of gold will rise.”

      Q: “Where will the price of gold be in 5 years?”

      Greenspan: “Higher.”

      Q: “How much?”

      Greenspan: “Measurably.”

  The conversation continued:

• The reason this is most relevant is because many politicians think there’s unlimited money to spend. And, of course, if the Fed’s printing press is at the disposal of politicians, the temptation to use it is great. Not only is there the temptation, some politicians truly believe the Fed could and should help out any time. As Greenspan now acknowledges, these politicians have a point, but it is to the demise of the country’s purchasing power.

But what a pleasure it was to rediscover the old Alan Greenspan, before he turned his coat and forked his tongue. Back in 1966, when he still believed in free markets and sound money, he expressed himself clearly.

• “In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value. If there were, the government would have to make its holding illegal, as was done in the case of gold in 1933.”
• If everyone decided, for example, to convert all his bank deposits to silver or copper or any other good, and thereafter declined to accept checks as payment for goods, bank deposits would lose their purchasing power and government-created bank credit would be worthless as a claim on goods.
• The financial policy of the welfare state requires that there be no way for the owners of wealth to protect themselves.
• This is the shabby secret of the welfare statists’ (statists believe that the state/government should control everything) tirades against gold. Deficit spending is simply a scheme for the confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the statists’ antagonism toward the gold standard
• While I and my buddies have argued for many years that there might not be such a thing anymore as a safe asset and investors may want to take a diversified approach to something as mundane as cash, Greenspan’s talk adds urgency to this message. “The dollar has lost over 97% of its purchasing power in the first 100 years of the Fed’s existence.”
• He said the promises made by the government cannot be kept. Mathematically, he said, it’s impossible.
• And not to be pointed out as a lone voice, the Bank of International Settlements issued a new warning on markets in their Dec 2014 Quarterly Review. They issued yet another warning about “the growing fragility hidden beneath the markets buoyancy”. 
• See http://us-issues.com/2015/08/05/list-of-imf-and-bis-systemic-risk-warnings/
• in their Dec 2014 Quarterly ReviewOver the past few years we have documented numerous warnings which the IMF and the Bank for International Settlements (BIS) have issued in regards to risks that exist to the stability of the global financial system. Some of the warnings come directly from IMF and BIS officials and publications. One comes from a speech by BIS General Manager Jaime Caruana. Others come from articles appearing on the IMF Direct blog. One is a link to former IMF Peter Doyle who says despite issuing risk warnings, the IMF has failed in providing early warnings for systemic crisis.

This is absolute insanity! How irresponsible of this thing called the federal reserve!

How are you going to impact your purchasing power?

Median Income Example

All income tiers added together with the median for all:

10 10 11 11 12 12 13 13 14 14 15 30 35 80 85 = 365 / 15 = 24

After the end of the year, most all household income increased. Raising the median:

10 11 11 12 12 13 15 16 17 18 18 38 42 119 120 = 472 / 15 = 31

The lower tier of households. In our example, from the graph on page 11, below $200,000:

10 10 11 11 12 12 13 13 14 14 15 = 135 / 11 = 12

After the end of the year, most all household income increased. Raising the median:

10 11 11 12 12 13 15 16 17 18 18 = 153 / 11 = 13

The top two tiers with the median:

80 85 = 165 / 2 = 82

After the end of the year, most all household income increased. Raising the median:

119 120 = 239 / 2 = 119

Now do you see why they used the median as an indicator? The top tiers influenced the median, while the bottom tiers barely had an impact! After inflation is deducted, most of the bottom tiers went backwards.

The real currency of the world has become trust.

Dallas Fed chairman Fisher stated, “Fiat money is a game of CONfidence and faith and if these are lost it is over.” (emphasis added) Did he really just admit that this is a CON game? I thought we were supposed to play our part in this grand charade and pretend it had value? What is the matter with him? What in the world does this even mean? Sadly, we are past the time in history when being honest was considered noble and right! Governments are past it, and soon people around the world will loose “CONfidence” in the current reserve currency (USD) that is over printed, not backed with commodities like gold, silver, copper, et cetera, and has a history of over 2000%+ inflation over the last 100 years, not to mention several defaults!

Perhaps the federal reserve sees the “CONfidence” waning, as they witness the velocity of USD slow!

See item J

This is one of the indicators revealing the strength and growth of an economy: the speed at which a dollar moves from one transaction to another. The more times a dollar is used to buy something, the greater its velocity and the greater the economy can potentially grow. Is this one of the reasons why we are hearing about the beauty of a “cashless” society? Are they trying to avoid the impact of a loss in “CONfidence”? The call to go cashless increases as banks and governments seek total control:

http://www.consolidatedcredit.org/financial-news/article/2113/

http://theeconomiccollapseblog.com/archives/a-cashless-society-may-be-closer-than-most-people-would-ever-dare-to-imagine

http://www.nytimes.com/2014/11/29/upshot/cashless-society-its-already-coming.html?_r=0

Is this happening only in the USA?

http://www.thelocal.no/20120508/bank-tells-customer-we-dont-take-cash-anymore

However, I am reasonable. I can accept this:

http://www.bookofjoe.com/2012/01/we-will-no-longer-accept-money-out-of-undergarments.html

By forcing people and companies to convert their paper currency into bank deposits, the hope is that they can be coerced to spend that currency rather than save it because those deposits will suffer from negative interest rates and/or fees.

This in turn could boost consumption, GDP, and inflation to pay for the massive debts we have accumulated! Then “we” can finally get out of the current economic trap. However, it’s not “we” but you– the federal reserve that has accumulated that debt! Iceland recognized that fact. It shut down the banks and arrested the bankers! How brave! How righteous!

The U.S. adopted a policy with similar cashless goals in the 1930s, eliminating its citizens’ right to own gold so they could no longer “hoard” it. At that time the U.S. was on the gold standard so the goal was to restrict gold. Now that we are all in a “paper” standard, the goal is to restrict paper.

• Paper money loses value unless it earns a return greater than true inflation. When holding it personally, it could be stolen I suppose. However, converting it into bank deposits will cost you fees and perhaps negative interest. It will also expose you to the promises of the Frank Dodd Act, exposing you to a substantial loss if the bank goes under.
• This would have grave consequences for retirees, many of whom are incapable of transacting using plastic, not to mention that they will disproportionately bear the costs of having to hold their liquid savings entirely in a bank or den of thieves.
• The very poor are messed over. This will make them more dependent, in fact exclusively dependent, on government handouts, if they are available.
• If there is an event that disrupts electronic transactions (e.g. extensive power outage, cyber attack, cascading bank failures), people in that economy will not be able to conduct business.
• Of course, enforcing a government mandate to ban cash transactions must carry penalties. This in turns means more regulations, disclosure requirements, and compliance costs, potentially exorbitant fees and even jail time.
• And of course, I saved the best for last. The banks can charge any fees, any amount of negative interest, and inflate to no end the value of your new electronic digits. What are you going to do? Put them in another bank? There will never be a bank run again! It’s good for the banking blood suckers! Their tightening of the noose for you!

Of course, they will try to further deceive the sheep by saying, “Imagine the reduction in crime that would follow if cash were to become a thing of the past.” Right!

By putting all currency accounts under either the actual control of governments or subject to absolute monitoring by governments, nations would finally possess the ability to bring to a close the “boom or bust” economic cycles that prove so deeply damaging to the world’s economies.

They could do that now with proper weights and scales, proper sound procedures, et cetera. Let’s play a game. Suppose a government that deems it is proper and right to make propaganda legal, creates critical economic figures from lies and half truths to steal, threatens punishment if you step out of line, and will throw you in jail if they do not like your speech. Hey, theyll throw you into jail if they do not like your tone! I had a step-mother like that once. They will take your currency through civil forfeiture.

Ah, what have we here? Could this be the best tool to completely control every thought, every action, every belief?

Revelation 13:17 (KJV) – “and that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.”

If you chose not to play their reindeer games, could they simply prevent access to your electronic account? That would make you an utter serf, a complete slave! Mission accomplished. The noose is tight enough.

Are you asking, “Is there any way out?”, or are you suffering from a typical response:

1. Maybe in third world countries but never here.
2. We have always come back from slow downs in the economy.
3. That sounds like conspiracy theory craziness.
4. Shut up! I don’t want to know.
5. I was doing just fine until you opened your mouth.
6. Where did I put those razor blades?
7. If you were closer, I would kick your behind. (I actually had a guy say that to me once, shortly after he believed.)
8. We are the world reserve currency; this could never happen.
9. Now, where did I put that whiskey?
10. …and so on.

Either way, I will finish by proving my point that there is something that has worked in the past!

The main problem with fiat currencies is that a government is trusted not to print more currency than is actually required or to be more realistic, like we have to be, not print or spend beyond your means. I did say “government”. That is absolutely propaganda garbage!

“Some [Most] people think the Federal Reserve Banks are the United States government’s institutions. They are not government institutions. They are private credit monopolies which prey upon the people of the United States for the benefit of themselves and their foreign swindlers.” – Congressional Record 12595-12603 – Louis T. McFadden, Chairman of the Committee on Banking and Currency (12 years) June 10, 1932

Currently we, or the federal reserve on “our” behalf, borrows $1 trillion per year. A government can only do this when the currency is fiat. How did it work when we had commodity based money? Inflation was kept low naturally. When the government wanted to expand the money supply, they had to use silver for the coinage and add gold to the vaults at Fort Knox, or wherever, for paper money. Then, they would print gold backed money and create additional 90% silver coinage. Here is an example of how this used to work. When backed by gold, I could go into any approved bank and trade a $10 commodity backed money for $10 worth of gold.

In 1922, I could have traded the above $10 United States Note for ½ ounce of gold. Today, that ½ ounce of gold would be $628. Again, that’s a 610% increase.

The pre-1965 dimes, quarters, half dollars, and silver dollars already contained 90% silver. You would have had the silver in your pocket or purse! If I had a silver dollar, say dated 1879 or 1925 like the two below, I would have had almost 1 ounce of silver. Today, you need to trade $14.98 of fiat currency to obtain that one ounce of silver. That is 1400% increase.

Here we see an. 90% Silver

This is a. It is 90% Silver as well.

All of the above are collector series money and coinage. To have currency insurance, you do not need something like these collector condition items. Common circulated coins are sufficient.

Now, the governments all over the world are printing currency without adding gold or silver to back their currency. The world debt is the highest in history. Boom/bust economic cycles are more dramatic, and the severity of the damage is at extremely dangerous and alarming levels as world debt grows with no underlying foundation.

In the U.S., we backed our money with silver and gold. In 1965, we stopped backing our coinage with silver. In 1971 we stopped backing our money with gold. Now our U.S. dollar is backed by the full faith and credit of the federal government, who is in debt at least $18 trillion and over $240 trillion when one includes the obligations of social security payments, Medicare, federal retirement payments, et cetera. Oh, I almost forgot about the lies, cheating, and utter disgusting filth that has become the USA, Inc. It’s sad, because I loved this country and the God-breathed Bill of Rights!

This fiat currency scheme, which the world has been on since 1971, is running out of steam. The pressures are mounting everyday worldwide. This system will be replaced by something new.

Let us continue with a 50 year review.

Defying Devaluation of the U.S. Dollar, Past, Present & Future

U.S. Silver coinage before 1965 that has been circulated, unlike the two silver dollars above, is known as junk silver. Now let us see how much pre-1965 90% silver U.S. coinage is worth by reviewing a close of an auction of “junk silver” on eBay from last year (2016 figures follow):

$2.50 Junk silver at eBay

In the above auction we have $2.50 of junk silver. That is $2.50 face value. However, the value of the silver has a higher value than that of the face value, $2.50, of the coinage. To determine the current price or value because of the silver, the best place is a recent auction close on eBay. The auction above sold $2.50 Face Value (FV) of junk silver. Let us figure out the silver value that is over and above the face value. This is the calculation:

sold at eBay auction price ‘/ divided by’ face value = the face value multiplier

$41.50 (sold at auction price) / $2.50 (face value or FV) = 16.6 is the face value multiplier (FVM). This means $2.50 in face value (FV) x 16.6 (FVM) = $41.50. That is where the auction closed.

Here is one that sold for a little more:

.45 Face value junk silver at eBay

.45 (FV) x 16.6 (FVM) = $7.47 where as the auction sold for $7.51

Here is one that sold for a bit less. Most likely because the winner had to pay for shipping at $2.04.

.50 Face value junk silver at eBay

.50 (FV) x 16.6 (FVM) = $8.30 where as the auction sold for $5.00 + $2.04 = $7.04

First, let us go back 50+ years to determine the cost of one gallon of gas.

.25 to .29 cents in 1964

1964 gasoline prices

In 1964 gasoline was approximately .25 to .29 per gallon. Prior to 1965, U.S. coinage (.10, .25, .50, and $1) were 90% silver. Beginning in 1965, the U.S. Federal Government authorized the Federal Reserve Corporation to produce the same U.S. coinage without any silver. At that time I could purchase a gallon of gasoline for approximately one 1964 90% silver quarter. This is a critical historical reference point because we need to prove if this 90% silver, U.S. pre-1965: dimes, quarters, half dollars, and silver dollars will store our value. Will they protect our purchasing power?

Today, I sell one pre-1965 quarter to pay for a gallon of gas. Will that work? .25 (FV) x 16.6 (FVM) = $4.15. Wow! It appears that the pre-1965 90% silver quarter stored” my purchasing power!

Pretend with me for a moment. Suppose that in 1965, I saved $1000 FV of pre-1965 .90% silver Washington quarters. Keep in mind that the $1000 I saved could have purchased 4000 gallons of gasoline. Let’s say I was in an accident and then in a comma for 50 years. All of a sudden I woke up, took some Geritol, and grabbed by $1000 worth of 90% silver quarters. I decided to sell all of them. $1000 FV x 16.6 FVM = $ 16,600. That’s not bad. However, I want to know how much gasoline will that buy today?

$16,000 / $4.15 per gallon = 4000 gallons. WOW! I am worth the same today as I was when I sunk into a comma!

Here are the comparisons from today:

$89.99 Face Value / $5.00 = $17.99 Free Shipping. eBay auction number: 311707224163

$29 Face Value / $1.85 = 15.68 SHIP FOR $2.99. eBay auction number: 351854254305

$141.1 Face Value / $8 = 17.63 Free Shipping. eBay auction number: 302082595619

$34.33 Face Value / $2.15 = $15.97 SHIP FOR $2.99. eBay auction number: 252556571503

We just found out that my purchasing power was the same in 1965 as it was in 2015. Oh, and one last little bit, when I traded my $1000 of 90% silver quarters for fiat USD currency, there was no tax man looking over my shoulder. You can pay the tax if you want. However, you already paid the tax in 1965. So, you wake up out of your comma, have your first beer in 50 years, and the tax man says, “Congratulations, you came out of your comma and now you owe me taxes on that USD currency.” Really? I know the correct thing to do by “law” but really? You have to make those decisions on your own.

You can do the same with gold. Gold and silver have always been money. I want to hold it until this fiat currency storm passes, until some new system is put in place. Gold, and to a slightly lessor degree silver, has one quality that surpasses any fiat investment: relentless appreciation. $1,000,000 in 1913 would be worth $20,000 in purchasing power today. (Does that mean I can write of the loss on my taxes?) That same $1,000,000, if used to buy gold in 1913, would be $60,000,000 today. I can hear the tax man come running! This is currency insurance at its best.

Okay, you say to me, I can do the same with the stock market and some bonds. I believe that there is some truth to that statement. There are always investments that will pass gold and silver, if you can pick them. However, that point has nothing to do with the fact that gold and silver have never left the owner wanting when using gold and silver as a store of value. It has never been worth zero. When used as a speculative instrument, meaning you buy it hoping that it will go up, you are at the mercy of the market. Perhaps you can call it correctly, perhaps not. The idea is to put it away and forget about it until you need the currency insurance– a bit of safety. It’s like fire insurance, I suppose.

Largest Theft in History

As expected, Ms. Yellen smiled last week, announcing no change to the Fed’s extraordinary policies. For the last eight years, she has been aiding and abetting the largest theft in history.

Thanks to ZIRP (zero-interest-rate policy) and QE (quantitative easing), every year, about $300 billion is transferred from largely middle-class savers to largely better-off speculators, financial asset owners, and the biggest borrowers during that period– corporations and the government.

The financial press, nevertheless, finds something vaguely heroic about enabling the grandest larceny ever.

Bloomberg says,

“Federal Reserve Chair Janet Yellen braved mounting opposition inside and outside the U.S. central bank and delayed an interest-rate increase again to give the economy more room to run.”

Horror Show

Meanwhile, in the real world, Jim Clifton, head of the Gallup poll group, sees a horror show. Over the glorious years in which the Bernanke-Yellen team has managed the economy, he notes, the percentage of Americans who reply to his polls saying they are in the middle or upper-middle classes has fallen from 61% to 51%.

The adult population of the U.S. is about 250 million people. So, that’s 25 million people who have slipped out of the middle class during the time when the dream team has been engineering a “recovery”. These are people whose “lives have crashed,” says Clifton:

What the media is missing is that these 25 million people are invisible in the widely reported 4.9% official U.S. unemployment rate. Let’s say someone has a good middle-class job that pays $65,000 a year. That job goes away in a changing, disrupted world, and his new full-time job pays $14 per hour, or about $28,000 a year. That devastated American remains counted as “full-time employed” because he still has full-time work, although with drastically reduced pay and benefits. He has fallen out of the middle class and is invisible in current reporting.

These “invisible Americans,” as Clifton calls them, pay a “disastrous” emotional toll. They see themselves falling behind. Whom do they blame? Themselves? Mexicans? Obama? One person they don’t blame is the one who has done them the most harm– Janet Yellen.

You may be entertaining thoughts of:

• “This does not apply to me. I make $200,000+!”,
• “I am getting by so who cares”,
• “I do not want to know! What can we do about it anyway?”,
• “I simply need to make more money!”,
• “We will get this back on track!”, or
• “You are making this way more important than it is!”

You can adopt any of the typical escape hatches we devise in our mind to protect our world view. That does not change the trends, and that does not change the proof. The government is purposely lying and stealing. Why?

What is the truth? Why would the government lie? Is that even legal? Why? The possible reasons are endless. From harmless attempts to make people feel good about the economy. Enabling positive feelings about tomorrow. Encouraging people to participate in retail buying. Or is there evil intent? Keeping the bottom 95% believing a lie while accumulation at the 5% level continues without interruptions from the “lower classes” until the 95% become true serfs!

Of course, this is not new. One prominent example is an oldie but a goodie as the saying goes. “We’ll know our disinformation program is complete when everything the American public believes is false.” That eerie arrogant quote has been attributed to Former CIA Director William Casey by an eye witness. William Casey was CIA Director from 1981 to 1987. There is a detailed account of the eye witness here at thedailysheeple.com. Now they have made lying or propaganda legal and public knowledge. It is now legal to lie to you, the American public. That is if you consider propaganda to be lying. You can read about it here:

Shocking details on new U.S. Treat “A massive embarrassment of Obama.”

and here: Proposed US law makes domestic propaganda legal

And yes, it did pass:

U.S. Repeals Propaganda Ban, Spreads Government-Made News to Americans

Now we are in a situation kind of like this:

1. I have made it legal for me to lie to you
2. Now, I tell the truth all of the time unless I am lying
3. Or is it that I am lying all of the time unless I tell you the truth
4. And that is the truth
5. I am telling the truth right now

Wow! That kind of stinks! Now we have no idea if they are telling the truth. Just like the CPI, real inflation, rising median wages, unemployment, and on and on. Maybe Casey was simply telling us what is going to happen in the future, “We’ll know our disinformation program is complete when everything the American public believes is false.”. The noose is indeed tighter!

I began college in 10th grade, studying macroeconomics for almost three years. I graduated high school in 11th grade and moved to San Diego. There I pursued the CA government state system, knowing that CA provided assistance for the handicapped to succeed. After numerous tests and interviews, CA declared that I was handicapped, granting benefits that provided 100% college tuition. Outstanding, I got a 100% scholarship. I enrolled at a private college majoring in computer science and minoring in macroeconomics.

Today, everything that I learned concerning macroeconomics means nothing. There are no more rules of proper conduct. Banking and commodity institutions are making their own rules, leaving doubt as to the proper value of all assets. I have never seen anything resembling this permitted outlaw behavior that our regulatory bodies approve by omission. It is far worse than you can possibly imagine.

The information below is sourced from “Washington’s Blog”, published on September 23, 2016:

“The country’s top white collar crime expert, William Black – who put over 1,000 top S&L executives in jail for fraud, and is a professor of law and economics at the University of Missouri – confirmed recently what the alternative media has been saying for years: the business plan of Wall Street is fraud. That’s their key profit center.”

According to a “Top Bank Fraud Expert”, all of the Big Banks’ Profits come from fraud. Indeed, the big banks manipulate every single market … and routinely engage in criminal acts.

Who cares? Well, experts say that we have to prosecute fraud or else the economy won’t ever really recover and stabilize.

But the government is doing the exact opposite. Indeed, the Justice Department has announced it will go easy on big banks and always settles prosecutions for pennies on the dollar. (This is a form of stealth bailout. It is also arguably one of the main causes of the double dip in housing.) Indeed, the government doesn’t even force the banks to admit any criminal guilt as part of their settlements. In fact:

“The banks have been allowed to investigate themselves,” one source familiar with the investigation told Reuters. “The investigated decide what they want to investigate, what they admit to, and how much they will pay.

That is absolutely repulsive! Why should you care? It affects your future. Perhaps there is a way, a method, to distance yourself from all of these disgusting pigs. Speaking of which, how about a quote from one of the top filthy pigs:

“The few who understand the system will either be so interested in its profits or be so dependent upon its favours that there will be no opposition from that class, while on the other hand, the great body of people, mentally incapable of comprehending the tremendous advantage that capital derives from the system, will bear its burdens without complaint, and perhaps without even suspecting that the system is inimical or harmful to their interests.” – The Rothschild brothers of London writing to associates in New York, 1863.

Wow! What an overbearing, condescending jerk! Why is that I have not met one person that can answer the question, “What is money?”. We have the answer that is constantly pushed by all forms of media– the US Dollar (USD). Really? I do believe that the USD has been declared as “Legal Tender”. Look at the federal reserve owned dollar. Do you see the contractual obligation that the USD $1 promises? It says, “This Note is LEGAL TENDER for ALL debts public and private”. (emphasis added) It is legal tender, currency. It is useful to settle debts until the federal reserve declares that the private currency system is going to shift to cashless. Soon the federal reserve note will no longer be accepted as LEGAL TENDER for ALL debts public and private! It may take a number of hops from one USD currency to a new one. But it is heading to cashless. It is a private currency system! They can do whatever they want, and the politicians do not have anything to say! They are useless, powerless!

There is currency, and there is money. Money is commodities. Commodities are food, precious metals, land, et cetera. Today, currency is fiat– fake. In this country, it used to be backed by silver until 1965 and gold until 1971. Other countries are basket cases and not germane to this discussion. We began throwing God out of our institutions beginning in the 1960s. One of these institutions was money, thus turning it into currency. The fact that a country backs their currency with a commodity of value is Godly and honest. Like our schools, libraries, health care, et cetera, we also removed the Godly principle from our money. Now we have the following:

The key point to take away from the above chart is the spike in the late twenties. The newly created federal reserve allowed credit to flow freely, creating the sky rocketing roaring twenties. The spectacular crash of 1929 followed five years of reckless credit expansion by the federal reserve system under the Coolidge administration. In 1924, after a sharp decline in business, the Reserve banks suddenly created some $500 million in new credit, which led to a bank credit expansion of over $4 billion in less than one year. After an attempt to stabilize the fast climb in commodities in the first half of 1928, the Federal Reserve System finally abandoned its easy-money policy at the beginning of 1929. It sold government securities, halting the bank credit expansion. It raised its discount rate to 6 percent in August 1929. Regular interest rates rose to 8 percent, commercial paper rates rose to 6 percent, and call rates rose to the panic figures of 15 percent and 20 percent. In June 1929, business activity began to slow. Commodity prices began their retreat in July. Of course, that crashed the markets since all markets run with open and free flowing credit. The members of the federal reserve– private individuals from around the world– swooped in and bought millions of shares for pennies on the dollar. It was a huge transfer of wealth. Like I said, the federal reserve decides how much currency to create out of nothing and the value or purchasing power of that currency.

This brings us to our conclusion. You own a weapon for protection. You have fire insurance for your home. You have renters insurance for your rental. You have car insurance for your automobile and health insurance for your health. You have life insurance to pay for dragging your carcass away (and hopefully some left over for your loved ones). You have these policies to protect you from the unknown. There is now a huge unknown in the world of currency. Using money to insure against currency unknowns seems prudent. That is why you have tangibles like gold and silver. Of course, there are others. We are focusing on silver.

The correct question is why? Early 2000s silver was $3 per ounce. Today, silver is $19+ today per ounce. That is roughly a 3x increase in value. This nearly matches the rise in currency supply. Gold is the same. Early 2000s gold was roughly $300-$400. Now it hovers around $1,300 per ounce. Once again, that’s approximately a 3x increase. As you can see in the chart below, from roughly 2011 to recent years, the currency supply increased nearly three times. You see silver and gold (and some other commodities) reveal the skullduggery of currency manipulators, meaning that they kept pace with inflation.

I do not see any evidence in the Bible that dissuades us from being prepared for the outcomes of plans hatched by evil men and women and permitted by God, as all the world serves Him. Quite frankly, it seems wise to have some food to overcome any disruption in the food supply chain. It seems wise to hold on to money assets that will overcome any currency disruptions. The future of the U.S. currency is tenuous at best. I see God working, allowing the world to go cashless with likely huge devaluations in currency purchasing power and fees. There is not a thing you can do about it, once the currency sits in digits. Much of the world is experiencing huge devaluations in purchasing power right now. Therein rests one of the true benefits to currency insurance.

Try the Meauring Worth calculator to fully appreciate the theft, or try the U.S. Inflation Calculator

Proverbs 22:3 (KJV) – A prudent man foreseeth the evil, and hideth himself: but the simple pass on, and are punished.

William McChesney Martin, Jr. was chairman of the Board of Governors and the Federal Open Market Committee from April 1951 until January 1970. Martin, who described inflation as “a thief in the night,” believed that price stability should be an overriding objective of the central bank (Board of Governors 1955).

William McChesney Martin, during the 1950s, was head of the federal reserve and considered any inflation to be theft. Now we have a federal reserve stated goal of 2% inflation as a staple of economic progress. I say that 2% deflation per year may be better to deal with!