Plan To Return America To the Gold Standard Set To Be Offered at Washington

I will be a devaluation of the dollar when it happens

Good first step but the problem is the corporations will still own most of the gold

And a gold grab / confiscation to book. A gold backed dollar would actually require them to back it up with gold.

This was my second thought. If the rumors are true we sold the gold in fort Knox a long time ago so where would the gold come from. .

What would this do to the price of gold? Up? Down? Shake it all around?

When paper was pegged to it, the inflation adjusted price was constant, wasn't it? Wouldn't this end the goldtard train?

Gold $50,000 an ounce....



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Ghaddafi. The U.S. thugs are moving in to steal his gold. Gangsta U.S.A. (Ugly, Selfish, Assholes or are we United Slave Association)

It is not the "Gold Standard" that causes stability, all be it, it is much harder to debase the currency with a limited commodity used as a currency that is difficult to mine or acquire. (Note the recent gold bar fraud reported)

Inflation and deflation has been used in the past by the banksters to cause depressions and by default control entire populations and countries. (See video: "The Secret of Oz" by Bill Still, for a more complete explanation)

There is a two-fold process which is being used by the elite to manipulate the economy to fulfill their agenda.

1) Fractional reserve lending - This process allows for banks to create money from thin air and lend it out at 10X, 20X 50X or 300X what they actually have on their balance sheets. In fact, they are rarely audited for this and widespread corruption allows even wider spreads. Then this money is lent out as a debt instrument with interest (Usery - prohibited in many nations) When interest is attached, in a debt based fractional reserve lending system, there is never enough money in the system available to pay off all of the debt. You can never completely settle the accounts because the interest and original debt is more than the money in the system. Also, the economy must continually expand or it will collapse. (See implications of oil and gas shortages regarding this process by Chris Martinsen and Michael Ruppert)

The system is made by its design and architecture to fail!

2) Money Supply - the people at the printing presses (or computer terminals) have complete control of how much money is in the system. To much and inflation begins to set in; to little and we can not transact business. Banksters have been manipulating the amount of money to cause depressions for centuries so they can then go in and buy up real assets on the cheap. This is why people think that returning to the gold standard will solve our problems, but it wont!

The elites want us to believe that the Gold standard will solve our problems, because they can still continue to control us if we take their solution! (Problem..Reaction..Solution)

This is what is needed to solve this problem:

- Let the to big to fail, FAIL
- Tell Wall Street that they are going to have to take a haircut on ALL (100%) derivatives and similar assets/obligations and purge the system. (This is not legal debt and it is not the public's responsibility)
- Make fractional reserve lending illegal.
- Make interest illegal from the Treasury to the Member Banks and let the people vote on the rate that they will pay at the retail level. This is how banks will be paid.
- Issue credit notes directly from the US Treasury.
- Legally tie the amount of money in circulation to inflation and REAL GDP statistics that are publicly available with a legally defined and enforced formula.
- Return Glass-Stiegal and separate utility banking from the Wall Street Casino.
- Make campaign contributions and Washington lobbying illegal so our representatives can not be bribed.
- Make it a felony for any elected representative to lie to the public or the media.
- Separate the media from both the politicians and corporate America (I would have to think about how)

These are my suggestions. It would be a hard road, but like Iceland we would recover in a few years and end up stronger in the long run. It is very apparent that our current trajectory will cause enormous pain and even the death of many should we continue.

I hope that this explanation has been helpful! Much Love

Last Edited by DexMichaels on 10/01/2011 01:25 AM

This was my second thought. If the rumors are true we sold the gold in fort Knox a long time ago so where would the gold come from. .

won't happen, unless gold is devalued and manipulated to be extremely low. Can you imagine buying anything with the gold's price fluctuations. It isnt practicle