Lets consider the fiat currencies of the World for a moment and try and work out exactly what they are. Originally, gold and silver were the tokens of exchange for goods. Obviously, they were too heavy and cumbersome and not a practical means of exchange. This lead to the formation of banks. Banks were formed to securely hold people’s gold and silver in exchange for pieces of paper that certified the existence of the gold or silver. These pieces of paper were known as dollars, pounds and so on. The dollar had a specific value in gold or silver and could be exchanged for physical gold or silver on demand by the bearer of the note. Realising that only a small number of people want physical possession of their gold at any given point in time, it wasn’t long before the banks started to create more notes than there was gold at the bank to back it up. If people all want their gold, or these days, paper money at the same time, the banks do not have it and they close their doors, leading to queues of people outside the banks with no access to their money. This is the fractional banking system. This happened during the hyperinflation period in Germany and during the Great Depression in the US. These days, for every dollar deposited at a bank, there are 10 or more loaned out by the bank meaning that the bank makes interest from your money. This makes it obvious that there is no real backing for these currencies any longer. In fact, nearly all money these days is just numbers on a computer screen that does not and will not exist, ever. When you convert money to cash, you are converting virtual electronic money into a part of the small percentage of physical currency that actually exists. All paper currencies, accept for the Swiss Franc and the new Euro, have nothing to back them, not even a government promise that they are worth something. In fact, the dollar text states that it is valid for all debts, public and private. Nothing more. To uncover the conspiracy, all you have to do is trace the history of the dollar. These are the various blurbs on the face of the dollar over the years:
The One-dollar silver certificate:
“This certifies that there is on deposit in the Treasury of the United States of America, One Dollar in Silver, payable to the bearer on demand.”
Series 1934 Federal Reserve Note:
“The United States of America will pay to the bearer on demand one dollar. Redeemable in Lawful Money of the United States Treasury.”
Series 1950 Federal Reserve Note:
“The United States of America will pay to the bearer on demand one dollar. Redeemable in Lawful Money of the United States Treasury.”
Series 1963 Federal Reserve Note:
“This note is legal tender for all debts public and private”
The US dollar is now nothing more than an anonymous IOU. It circulates as fiction and remains, as acceptable fiction as long as it has perceived value, or, there is confidence in it. How often do we hear about the all important confidence factor these days? In the perpetual inflation machine that the FED has created, at some point, the flight from these instruments of debt will occur and that signals the final de-valuation of the currency. Just to blow the conspiracy wide open, consider what is written on the $100,000 note, to this day:
Current day $100,000 note (2001 AD)
“This is to certify that there is on deposit in the Treasury of the United States of America one hundred thousand dollars in gold, payable to the bearer on demand, as authorized by law.”
So, who owns these $100,000 dollar bills, payable “in gold”? They are certainly not in circulation. In fact, $100,000 dollar bills cannot circulate to the public at all. These $100,000 dollar bills are owned by the Federal Reserve; the Federal Reserve only. These notes can be viewed at <http://www.rich.frb.org/research/econed/museum/fedonehundredthou.html>
Contrast what is written on the circulated currency, which amounts to no government promise whatsoever, with the words on the $100,000 dollar. It should at least make you think a little bit. Maybe royal blood liner Greenspin (Bilderburger, Tri-Literalist and Council on Foreign Relations) doesn’t have “The people’s best interests at heart” and all that convoluted language is a smokescreen that you can read whatever you want into.
The US dollar is the World’s reserve currency. This means that other currencies are measured relative to the dollar. The British pound is worth 1.44 dollars at the moment. I believe that now, and in the not too distant future, there will be a continued migration of the world’s currencies into the US dollar. This is already happening in some countries in South America with incidents such as the engineered Mexican Peso crash meaning that the Peso is now tied to the dollar. As reported in the Canadian National Post, I do not know the exact date, but Canada is almost certain to accept the US dollar as its currency as well, to help “boost” the Canadian economy. Much of the wealth that is left in Asia is held in dollars. This shows that there is a migration of the World’s wealth into the US dollar. Obviously, there will be ups and downs along the way, but the wealth will ultimately end up in the dollar.
As we know, the Euro is to be officially introduced at the start of 2002. I believe that this will signal the collapse of Sterling, which also has no gold backing. The excuse for this will be that Britain cannot compete with Europe now that the Euro has arrived, along with other issues that I will mention later. There is a perceived confidence in Sterling, but trust me, just because it has been strong in the past, does not mean it is going to be strong in the future.
The dollar could collapse and the wealth of the United States will immediately transfer to the Euro as a “Safe Haven”. The Euro is also likely to have a rocky start. The problems here will be the “cost” of distributing the new notes to all the member states, along with the “national differences” pulling in different directions. The Euro however is 15%, backed by gold. If the Euro collapses, it will do so to the level where it’s gold backing kicks in. The Swiss franc has gold backing as well, but this has been quietly reduced from 40% to 25% with plans to eliminate its gold backing all together as it is a “relic of the past”. The wealth of the World will then be effectively held in Euros that are supported by its gold backing. The Euro will then be the strongest currency in the World. This will fuel calls for a return to the gold standard of years gone by. Guess what, if you check out www.e-gold.com <http://www.e-gold.com/>, the infrastructure is already there for a global electronic currency backed by gold. This currency will exist as electronic denominations of the total amount of gold in the world. So, for example, if you electronically own 1oz of gold you may be the equivalent of a millionaire by today’s standards. Of course owning gold is not guaranteed to be a successful ploy. Roosevelt stole the people’s gold during the Depression. He decreed that all privately held gold must be handed in to the US government. Here is one article that outlines some of the realities of the US government stealing the people’s gold <http://www.coin-newbies.com/articles/roosevelt_gold.html>. Of course, any of the American “people’s gold” that is left in the government coffers will then be transferred into the private Federal Reserve’s hands when the $100,000 notes are redeemed for gold
What other evidence is there of a conspiracy where gold is concerned?
To carry on the gold theme, there is even more evidence of a conspiracy. The people are being fed a propaganda campaign against investing in gold, whilst behind the scenes, the royals are busy stealing the people’s gold through “government auctions” of many countries gold reserves. Gold is officially an “Anti Establishment Investment” and as such is bathed in disinformation. Also, according to several bullion dealers, they have had a sharp increase in very wealthy investors and high-ranking politicians switching large amounts of fiat currencies into gold.
Cont ...