Gold rush is on a " at near-record prices | The Columbus Dispatch
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#1 Oct 25, 2010
Today it is reported that the Japanese Yen is at a 15 year low against the dollar. My 1000 yen note from 1968 (Vietnam war era) cost about $3.60 then and now is more than $11 in FR notes. That is robbery of the American peoples money by the corrupt American Government.
Gold is not raising in value. The Fiat Specie dollar is a fraudulent financial instrument that was created by the banks and their corporate monopolist friends to rob you of the value of your labor and property. And to subvert the peoples power of the purse by emasculating genuine taxation by representation.
Gold and Silver are the ONLY Constitutional Legal Tenders TO WIT;
Article One section 8;...The Congress shall have power..... To coin Money, regulate the Value thereof, and of foreign coin, and fix the standard of Weights and measures.
Article One section 10; No State shall; coin Money; emit Bills of Credit; make anything but gold and silver Coin a Tender in Payment of Debts;
This is the root of everything wrong with our economy and loss of control of the peoples government.
This is the issue that Mr Kasich is a shivering coward to address.
What? two precious metal legal tenders are not better than one monopoly money proffered by Wall Street fractional reserve banks?
And you want to tell the people that 50 elected Governors are not better than 12 UN-ELECTED Federal Reserve governors? Go ahead make my day and deny the Constitutions mandate you thievn Republicans
Debate that you d**n cowards! Real substance issues frighten you all!
Give US The People back our Gold and Silver coin.
#2 Oct 25, 2010
3:53pm, Monday, October 25, 2010:
RE: Gold rush is on a " at near-record prices | The Columbus Dispatch
..... The problem is the continual deficits and the gradual inflation. They cause the value of the dollar to get less and less and less, resulting in prices, especially of imported goods and services, to get higher and higher and higher. The pre-Nixon dollar was worth a lot more, the dollar was then pegged at only $35 per ounce of gold.
..... From http://en.wikipedia.org/wiki/Gold_standard
..... "After the Second World War, a system similar to a Gold Standard was established by the Bretton Woods Agreements. Under this system, many countries fixed their exchange rates relative to the U.S. dollar. The U.S. promised to fix the price of gold at $35 per ounce. Implicitly, then, all currencies pegged to the dollar also had a fixed value in terms of gold. Under the regime of the French President Charles de Gaulle up to 1970, France reduced its dollar reserves, trading them for gold from the U.S. government, thereby reducing U.S. economic influence abroad. This, along with the fiscal strain of federal expenditures for the Vietnam War, led President Richard Nixon to end the direct convertibility of the dollar to gold in 1971, resulting in the system's breakdown, commonly known as the Nixon Shock."
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