I wanted to discuss a very important subject a very pivotal move took place in the United States in 1985 something that really was revolutionary and a lot of people haven’t really understood just what took place Ronald Reagan now if you go and look this up in Wikipedia they’re going to give you a false story that somehow the United States just had too much silver and too much gold and they wanted to find ways to alleviate their stockpile but It was about liberty that’s why it was deemed the liberty coin act.
what we’ve been facing in the United States since the conception of the Federal Reserve is a bleeding and backdoor robbery of the citizens and also the wealth of this country. Similar to what has taken place recently in Utah in Arizona similar to the actions that have been taken and the speeches that we’ve heard through Ron Paul and all these people. We have been robbed and the real issue is that money is silver and gold all around the world it’s accepted it doesn’t matter what currency they use gold coins will trade for it, silver coins will trade for it no matter where you are. It’s not the same with all currency some currencies just disappear and go away within a matter of months and that’s just the way of the world, especially with fiat dollars.
Back to the subject of Ronald Reagan and this is why I’ll say that this was such a revolutionary act having survived his assassination attempt he put forth the liberty coinage act what it did was it authorized and instructed the U.S. mint to begin production and circulation of silver. A
silver coin and a gold coin and it described the exact weights and measurements, even that it would have reeded edges, what silver content it would contain. the gold content the coins would contain. There was also a stipulation of the Law that they also needed to produce enough to be able to be sufficient for public demand. It describe the age and location for the silver to be purchased to meet public demand
This was revolutionary similar to the new bills to use gold and silver as money one thing that was very important to the law that he signed was it the coins would have numismatic value and that they would be legal tender. That they would be money!
so he began having the mint once again for the first time in a long time begin to issue legal tender gold and silver coins that is because the dollar when it was disconnected from the Bretton Woods standard when it was created it was destined to fail.
Freely floating Fiat monetary systems always fail it has been destined to fail. First, there’s a frenzy in the middle in which people can leverage their control of the printing press to acquire real tangible assets like oil, the opium trade, food, rice, even TVs from China. being able to distribute this useless paper throughout the world as long as the world has confidence in it
When you have a Fiat system it’s really only backed by that confidence it’s backed by people’s idea that it has value and it’s traded throughout the world. The reason this was such a beautiful act was because the people of the United States they’ve been disconnected from the fact of what real money is. This is very similar to the reason that they would adopt the name the (Federal Reserve) because they wanted to deceive people they wanted to alter people’s minds from what gold and silver is this is the reason we have price manipulation. In fact, there has even been discussions in CIA documents with former presidents that they created gold futures in order to control the price of gold and to dissuade the American citizens from wanting to possess it.
There was a major crisis after the federal reserve took control of the American economy in 1929. In 1933 they went through and they confiscated all of the citizens gold. They began to have a currency crisis and they confiscated all the citizens gold they revalued it immediately
from twenty dollars an ounce to thirty-five dollars an ounce after they got as much as they thought people were going to turn in. If you held your goal during that time you would have increased your assets massively, but for those who handed them over for paper what they found was that suddenly what they could have held was worth more and the paper was worth less. They’ve created the system they’ve created this market manipulation. This is the reason the Federal Reserve a lot of their actions are particularly focused on gold and on the price of gold. When they see gold moving in such high volumes they have a fear. Gold is the enemy of the Federal Reserve. Gold is an enemy of all fiat systems.
Gold is money so is silver this is why them being stamped with a dollar value on them was vital. In fact in 1985 fifty dollars an ounce of gold and one dollar for an ounce of silver it didn’t seem that extreme because a 1985 dollar would have bought you a lot more.
Since then we have continued on this downward spiral. This continued depreciation of the currency which always will continue. Always because it is a mathematical certainty that the currency will continue to depreciate until it is no longer worth anything until you go to the store and you’re spending a thousand dollars just to get groceries for a few days. That’s because your money’s worth nothing.
Pay attention to what just happened in St. Louis. They’ve just increased the minimum wage there forty-five percent. pay attention to what happens to their paychecks. They might get larger but guess what else gets larger when you go to those same McDonald’s and Burger King’s where half of them lost their jobs. Your Big Mac now costs seven dollars because there’s more money in circulation there’s more inflation. There is more overhead for businesses and what you’ve done is destroy the currency.
That is what we’ve taken places why we continually need federal minimum wage increases in this country it is because the Dollar after its disconnected from any real tangible asset is continuously falling in purchasing power. Continuously falling sometimes it goes faster than other times, but one thing will always hold true what you could buy for twenty dollars when you were a child you no longer can buy for twenty dollars anymore. No and we’ve just gotten used to it. We have gotten used to it and it gets to the point where you drop some change on the ground you don’t even go back to pick it up anymore because it’s absolutely worthless. You can’t even purchase things for under a dollar anymore when you used to go to the store and buy things for one penny. Money had value in this country!
The passing of that law it was almost as if he could see where this was going because it’s one of the most beautiful things. The people need to really wake up to the question what is money?
As long as we remain connected to the system you will continue to watch the purchasing power of the money you save for retirement now evaporate, and keeping your bank account they will steal it. they might not take your whole account. The way that they will steal it in the sense that your hundred thousand dollars by the time 10 years passes will be the equivalent of $70,000. That money won’t mean the same anymore and it’s been continuing non-stop. what’s amazing is they point out to you that the dollar’s value.
the dollar’s value! the dollar’s value is around 101 today. so it’s great, it’s up right? they were wrong. The dollar’s value you see is compared against other currencies around the world which are also all fiat currencies right now. So they’re all depreciating at almost same level. Some more than others as we see in the case of Venezuela that’s what losing the fiat battle looks like. but one thing holds true that if we maintain this current system it will collapse in much the same way.
For once we had a president come out and by law authorize the U.S. Mint needed to be Minting silver and gold coins, and they need to be legal tender, and they need to be going out to the people of the United States. This was revolutionary and it’s really the only hope we have because there’s no hope in the US Dollar. This one act may end up saving millions from financial and physical ruin.
