Here is what a legitimate process of decoding of the matrix looks like.
Utah has passed a law intended to encourage residents to use gold or silver coins made by the Mint as cash, but with their value based on the weight of the precious metals in them, not the face value — if, that is, they can find a merchant willing to accept the coins on that basis.
The legislation, called the Legal Tender Act of 2011, was inspired in part by Tea Party supporters, some of whom believe that the dollar should be backed by gold or silver and that Obama administration policies could cause a currency collapse. The law is the first of its kind in the United States. Several other states, including Minnesota, Idaho and Georgia, have considered similar laws.
Silver as money gets masses of people to think, not of the present, but of the future, and to focus on their long-term objectives as they accumulate savings in real money. It has a binding effect upon society.
Tranquility, or peace of mind, is one of the great Confucian philosophical values of the Chinese and solid savings in real money are a great tranquilizer. It seems to us, that more tranquility in a frenzied Chinese society would be of benefit to China.
The world is seeking a new paradigm in money. The Keynesians and inflationists and Statists have had their day, and they have fudged it. The world’s monetary system is in the initial stage of breakdown. Confidence in fiat money is evaporating. The trend is in place and there is nothing to stop it. The time for real money has arrived, and China can lead the way by monetizing silver into small coins which can be used as money.
Perhaps silver will open the way to a further, more far-reaching reform for gold in the International Monetary Process; for what the world has at present is not a System, but only a Process – of meltdown.
Hugo Salinas Price is President of the Mexican Civic Association Pro Silver; its website, with some articles in English, is www.plata.com.mx
Steve Forbes, the founder of one of the nation’s premier economic magazines and onetime GOP presidential contender, says he believes the nation will return to the gold standard within five years because doing so would solve a number of economic, fiscal and monetary issues.
“What seems astonishing today could become conventional wisdom in a short period of time,” Forbes said in an interview with Human Events magazine, a conservative publication.
Returning to the gold standard would mean stabilizing the U.S. dollar, restoring foreign confidence among foreign investors in U.S. government bonds and dissuade lawmakers from engaging in reckless spending habits, Forbes told the magazine.
…with “good money” introduced into our economies as parallel currencies, we can (to some extent) ignore the depravity (and hypocrisy) of bankers and politicians. Holding good money, we don’t care about what fraudulent interest rates our governments choose. Understand that while bankers pay us a tiny fraction in “interest” on savings (with one hand), they are stealing five times that amount from us through the inflation they deliberately create with their money-printing.
With our silver money guaranteed to never lose its value, we don’t need to spend it instantly – just to make sure the bankers don’t cause it to erode to nothing while we hold it. Suddenly savers are rewarded, which is obviously the proper outcome for this virtuous behavior – rather than the sleazy double-robbery committed by bankers in our current world of paper currencies.
Let me summarize where we have arrived at, in our hypothetical world of silver money. First of all we have “good money”, which we can hold fearlessly without fear of being robbed or cheated via near-zero interest rates, excessive inflation, or hypocritical taxation policies which amount to outright theft.
Second, we instantly reverse the trend of debt-bloated households spending as fast as they can, and taking on much too much debt – because the monetary policies of our morally- and intellectually-bankrupt governments force us to do this. Instead, people would be rewarded and encouraged to build-up a healthy level of savings, both at the individual and collective level in our economies.
More broadly, the healthy deflationary impact of using “good money” as currency would purge our economies of excessive, leveraged debt – and automatically incorporate sound, sustainable economic practices among both the government and the economy in general.
In short, an economy which replaces fiat-paper with good money must inevitably rise above its paper-loving peers. All that is “lost” in making the transition from paper to metal are the bankers’ opportunities to steal from us with their paper schemes.
Now you understand completely why these bankers fight with all their might to attempt to discredit gold and silver, and prevent these precious metals from (once again) assuming their proper place as our only money.
“Asian demand for physical gold and silver is like a tsunami,”