Go to http://www.goldiac.co.uk to open a free gold storage account.
The gold standard is a monetary system in which a region’s common media of exchange are paper notes that are normally freely convertible into pre-set, fixed quantities of gold. The gold standard is not currently used by any government, having been replaced completely by fiat currency, and private currencies backed by gold are rare.
Gold standards should not be confused with their historical predecessor, “gold-coin standards”, wherein taxes are payable in either gold coins or overvalued, government-minted and less expensive coins.[citation needed]
The main purpose of either government money system has historically been to provide seigniorage, or money-creation profit, to governmental leaders in order to provide them with general purchasing power during emergencies, especially those leaders who are legislatively constrained and therefore unable to raise taxes in order to execute the defense commitments that are required for the survival of their states.
Go to http://www.goldiac.com/ to open a free gold storage account.
Gold standards replaced gold-coin standards in the 17th-19th centuries in the West as the extent of defensive warfare expanded to where the gold-coin standards were no longer sufficient to the task. A similar history generated a gold standard in China from the 9th through the early 17th century. As gold standards have created deflationary periods they have been abandoned, as by President Roosevelt during the Great Depression.
RON PAUL
Ronald Ernest Paul (born August 20, 1935) is a Republican United States Congressman, physician, and bestselling author from Lake Jackson, Texas. He is regularly featured on CNN and other US News outlets, and has a large base of supporters often called the “Ron Paul Revolution.” He is also the founder of the Campaign for Liberty.
Originally from the Green Tree suburb of Pittsburgh, Pennsylvania, he graduated from Gettysburg College in 1957, then studied at Duke University School of Medicine; after his 1961 graduation and a residency in obstetrics and gynecology, he became a U.S. Air Force flight surgeon, serving outside the Vietnam War zone. He represented Texas districts in the U.S. House of Representatives (19761977, 19791985, and 1997present). and entered the 1988 presidential election, running as the Libertarian nominee while remaining a registered Republican. He placed a distant third. He was a candidate in the 2008 Republican presidential primaries, where he was placed fourth, and refused to endorse the candidate chosen by the 2008 Republican National Convention, John McCain.
Paul has been described as conservative, Constitutionalist, and libertarian.[2] He advocates a foreign policy of non-intervention, having voted against actions such as the Iraq War Resolution, but in favor of force against terrorists in Afghanistan. He favors withdrawal from the North Atlantic Treaty Organization and the United Nations, citing the dangers of foreign entanglements to national sovereignty. Having pledged never to raise taxes, he has long advocated ending the federal income tax, scaling back government spending, abolishing most federal agencies, and removing military bases and troops from foreign soil; he favors hard money and opposes the Federal Reserve. He also opposes the Patriot Act, the federal War on Drugs, No Child Left Behind, and gun regulation. Paul is strongly pro-life and has introduced bills to negate Roe v. Wade, as he believes the Supreme Court has usurped each state’s right to allow, regulate, or ban abortion.[3]
His book, The Revolution: A Manifesto, became a bestseller immediately upon release[4] and went on to be #1 on the New York Times nonfiction best sellers list.
Duration : 0:10:59
October 24th, 2009 at 1:13 pm
Actually, it goes …
Actually, it goes back to FDR in 1933 making gold illegal. “Hey, you know how something’s worth something? let’s make it illegal so that people won’t want it!”
and REALLY it goes back to 1913 when Congress gave authority over the money to the federal reserve to completely f*** america in the a**. I believe that is actually a quote in the legislation: “we, the congress, do hereby give the federal reserve the power to f*** americans right in their a**es!”
October 24th, 2009 at 1:13 pm
Fuck yea! everybody …
yea! everybody wins!
October 24th, 2009 at 1:13 pm
Ok…. There was a …
Ok…. There was a lady who was walking in the forest with her dog and was killed. If u r reading this, then u will find a dead bloody body hanging in ur closet. U will be haunted and killed by her. to stop it posti this to 6 other videos in 30 GOOD LUCK
SORRY I hate these things
October 24th, 2009 at 1:13 pm
barter system!!!!
…
barter system!!!!
Fuck the government dont tell me what is worth.
October 24th, 2009 at 1:13 pm
GOLD GOLD GOLD …
GOLD GOLD GOLD PALACE OF GOLD
BURN ALL US $
KEEP THE HOUSE FULL OF GOLD….
GOLD BULL GO Dirextion 3x SHARES
October 24th, 2009 at 1:13 pm
Notice in the video …
Notice in the video it points out that when the Fed RAISED interest rates, thus protecting bank reserves, the dollar strengthened and gold CAME BACK INTO the system. But then, in the next segment, Dr. Bernstein says that Britian’s devaluation of the sterling meant boosting exports. That is what mainstream economics teaches, but it is the opposite. A STRONG DOLLAR BRINGS IN INCOME. MONEY FLOWS BACK INTO THE SYSTEM WITH A STRONG DOLLAR. WEAK DOLLAR CAUSES TRADE DEFICITS
October 24th, 2009 at 1:13 pm
Mind your business.
Mind your business.
October 24th, 2009 at 1:13 pm
The truth is that …
The truth is that it doesn’t actually matter who you vote for… because the presidents are groomed for that position for years. The ‘powers that be’ ensure that THEY get who THEY want in office. Voting just gives us (the people) the illusion that we have a choice. In reality we do not.
October 24th, 2009 at 1:13 pm
yes i kick my self …
yes i kick my self too bad i didnt know of him till after the election dam tv wouldnt show him off for who we is. but it is hard when your rent is 1200 dollars and you get paid 450 a week with 2 kids and a wife and food costs 200 a week.. cant wait till next election go RON GO!!!
October 24th, 2009 at 1:13 pm
Over 650,000 jobs …
Over 650,000 jobs lost last week! 12.5 Million Americans are currently unemployed! Stop looking for a JOB! You need to start thinking outside the box! There is an amazing, RECESSION-PROOF business you could start for as little as $100! Stop waiting for opportunity and start creating it for yourself and others! Watch my videos, then Take Action TODAY!
October 24th, 2009 at 1:13 pm
All voting for …
All voting for President yields the same complaint, no good choices. Something happens that causes this. It seems only the worst people can be elected. The greediest that have to be watched closely.
October 24th, 2009 at 1:13 pm
“Paper money …
“Paper money eventually returns to its intrinsic value – zero.” -Voltaire
October 24th, 2009 at 1:13 pm
I bet some …
I bet some americans are kicking themselves right now for not voting for Ron Paul.America voted for tall dark and handsome instead of old, wise and trusted. In fact only 31% of the voting population voted for Obama. Bailing out dead beat home owners who had no right in owning a home is f*&d.refund all of last years taxes to every American and let them use half to pay down debt and the rest they can do whatever…in the end the banks will get the money and they will have money to lend again
October 24th, 2009 at 1:13 pm
The truth of the …
The truth of the problem is the VOTERS
October 24th, 2009 at 1:13 pm
cool! check this …
cool! check this out too
check the powerlevel 2-60 5mins video clip on belrion88 too ^^
October 24th, 2009 at 1:13 pm
rising food prices, …
rising food prices, limited jobs, many people out of work waiting in FEMA lines for a handout, hopefully a reversion to local economies and a farm industry.
Less imports. spurring creation of small businesses… but it all depends on how quickly people change what they do for a living.
An easy fix is WWIII and a draft, that employs many people quickly, and when soldiers die, less job demand later… such a crass statement.
Thats if housing prices fall and taxation is diminished.
October 24th, 2009 at 1:13 pm
Depends, if people …
Depends, if people wake up a nice stable economy free of both interest manipulation and inflation.
If not, a slave state, run by bankers, our children will be homeless. Birtain will be ruined. Like history repeats, people will blame the tumour and not the cancer.
The FED has been round LONG ENOUGH, take your country back or there is NO future. I mean that, NONE.
Bush did NOTHING without the Feds approval. THEY run you. Get back Americaaaaaa!
October 24th, 2009 at 1:13 pm
What do you see …
What do you see coming in the furture?
October 24th, 2009 at 1:13 pm
Since we are a …
Since we are a consumer economy, not a manufacturing economy, it would be more beneficial to raise interest rates, encourage savings and a strong dollar. Unfortunately Bush did the opposite, that is why we are screwed.
October 24th, 2009 at 1:13 pm
Welcome to where I …
Welcome to where I am.
I am in that exact position. I can’t be bothered to tell people what’s coming any more (most of my predictions have happened).
They laugh and then go shopping ^_^.
Screw them, if they don’t listen it’s their own fault. Some people will listen, some don’t. I wouldn’t say give up, just speak in a language they understand.
Not many people know what a ‘dividend is, or even a bond yield. I make it simple and easy, that way most everyone listens. But they don’t CARE
October 24th, 2009 at 1:13 pm
I only woke up late …
I only woke up late in 2007. This BS fiat system goes right back to Nixon’s decision to close the gold window. Before that was the creepy creation of the Federal Reserve.
In a few short years there’s not going to be much left of civilization. I’m getting to the who cares mode right now, I was preparing but now I’m indifferent.
October 24th, 2009 at 1:13 pm
Mate I saw this …
Mate I saw this coming a LONG time ago.
I self teach economy. I have been pouring over the economy for a long time hoping to make money. I find Gold and oil (as I see this going WAY back up) as well as silver are all good things to own right now.
Personally I don’t like money, I don’t keep it. Or gold, I prefer a nice quiet life with little luxury ^_^
But for those who will listen, DON’T invest in any more dollars or Fiat. Go Golden
Cheers mate. Advice heeded.
October 24th, 2009 at 1:13 pm
You see the set up …
You see the set up eh ! When hyper-inflation sets in you think you’re covered by physical. They will settle in paper at least you won’t go cold in the winter time.
Zimbabwe reality – Societies future…Amerika fck yeah comrade
October 24th, 2009 at 1:13 pm
haha…
give me a …
haha…
give me a p….o….n…..z…..i
October 24th, 2009 at 1:13 pm
Only the fiat or …
Only the fiat or paper gold and silver is going down (paper backed by a promise). That’s why if you invest in gold and silver it has to be “physical”. Just went through the delivery process what a f…n process. Its total FRAUD !!!!