| Debt, Derivatives, and Debasement! David Zurbuchen Why does there seem to be no limit to government expenditure? Why does it seem that there is no limit for government debt? It's simple folks! This great nation has long since left the straight and narrow, and has deceived its people and most of the world with it. After all, when was the last execution held for the fraud of debasing coins, defined as follows in Section 19 of the Coin Act of 1792:
Section 19. And be it further enacted, That if any of the gold or silver coins which shall be struck or coined at the said mint shall be debased or made worse as to the proportion of the fine gold or fine silver therein contained, or shall be of less weight or value than the same out to be pursuant to the directions of this act, through the default or with the connivance of any of the officers or persons who shall be employed at the said mint, for the purpose of profit or gain, or otherwise with a fraudulent intent, and if any of the said officers or persons shall embezzle any of the metals which shall at any time be committed to their charge for the purpose of being coined, or any of the coins which shall be struck or coined at the said mint, every such officer or person who shall commit any or either of the said offenses, shall be deemed guilty of felony, and shall suffer death. (see: Coinage Act of 1792) As far as I know this law remains legally binding to this very day. Americans need to wake up. We were using Silver (90%) coins as recently as 1964. There were obviously no executions in the years that followed, but just look what the result has been of this dollar fraud. Our founding fathers were not fools: |
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| Government has been able to spend, spend, spend! They are no longer accountable to anyone. Today it is more or less up to foreigners to call America's bluff as they hold over 40% of our national debt, mostly in the form of treasury bills (another worthless IOU). The dollar fraud generates huge amounts of revenue, because of the interest that it generates when it is loaned out. This is undoubtedly the strongest motivating force for suppressing the price of silver and gold, since the manipulation works to keep men ignorant of the fundamental imbalances (and inevitable consequences) that are evidenced more and more every year by the government's crimson red balance sheet. But all such doomsday references aside, many are waking up to the reality of the situation, as noted by the dramatic (in terms of recent history) appreciation in the price of all metals prices. Whereas the dollar has gripped the whole world like a vise creating debtors of nations, the release of the gold and silver markets will free those same nations of their chains and put an end to the fraudulent money-making machine by keeping men honest. The broader result of the fraudulent dollar, has been a fraudulent everything. They call this the total World derivatives, which amount to an estimated $210 TRILLION dollars according to The Bank of International Settlements. This is an incredible amount, and as such it has created an environment wherein no one wants to be the first to rock the already unsteady boat. A derivative, by definition, is supposed to be derived from something with intrinsic value, but there is nothing big enough left in all the world that adds up to $210 TRILLION. No equity remains to settle these bloated accounts. They amount to little more than failed bets. The world's greatest financial players having doubled down again and again and again, and the result has been this $210,000,000,000,000 absurdity. This is much much bigger than Enron! Shouldn't ordinary people be concerned? To avoid whatever might result from the collapse of this house of cards is really quite simple: get rid of your dollar denominated savings, and invest in tangible wealth (land, antiques, jewelry, etc.). Even if this house of cards never collapses (which history proves otherwise again and again) you will still avoid the hidden tax of inflation, which has stripped away over 98% of the dollar's value since 1900. When it comes to converting one's income into tangible wealth, Silver and Gold are the most liquid and convenient forms. They are traded worldwide, and are accepted by all. The cost to convert silver and gold into a 'dollar denominated' form for every day purchases is minimal and requires little effort. Though Gold may be more easily stored, Silver offers much greater potential (perhaps 20 times that of Gold) and at very minimal risk. Also, purchasing stock in companies focused on precious metals exploration and extraction can offer the most incredible leverage of all. Stocks are obviously a riskier venture, usually commanding much greater volatility, but I firmly believe than many companies remain absurdly cheap at today's prices and will explode upwards in the near future. It is my job to find this companies, do my due diligence (DD) and relay the information to you. I'm just hoping that my readers will wisely position themselves accordingly. Silver In Scripture Home |
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