Your Money has been Debauched

The constitution authorized Congress to coin gold and silver, the only power that was granted by the founding fathers to circulate as money within the states. The right and responsibility to provide for Congress to coin the metal was reserved unto the people. Once the metal was coined, it was given back to the people debt free to circulate as money. Had everyone abided by the use and time value of coins, we would have honest money today, and debt would not exist. However, the framers of the constitution anticipated that in times of extreme crisis such as war, and for a short period, the government might need more money than the people could immediately provide. This allowed Congress for emergency purposes to borrow money on the credit of the US: emergency purposes only, and not for the purpose of abuse.

It would be wise to consider protecting yourself and your immediate family. Fiat money (paper money) is already overvalued, and in times of a stock market crash or severe inflation, it will be rendered worthless; no one will be willing to sell you products or services for that cash. Further, you need to recognize the fact that products that maintain the necessities of life will be hard to come by. This would become a total disruption in your personal life and that of your family. If you can neither eat nor sleep, a unhealthy mind, body and spirit will follow.

As to non-gold or silver coins, once again, they are copper-clad based and are nothing more than worthless slugs. You will eventually have a hard time using them. Maybe not in the immediate future, but as time passes, they will no longer be accepted here in the U.S., and will continue not to be accepted around the world. Gold is the last resort for inflation, and gold is by no means worthless. It can truly be used as collateral anywhere in the world.

I do not recommend that gold and silver be used immediately following a crisis. The first line of defense should be the use of the more recently non-precious metal minted coins from the Treasury; this means the newer quarters, nickels, dimes and pennies. For quarters and dimes, this means anything post-1964. Remember, your cash and copper clad coins will mostly likely be the least of the remaining currency that you will have to spend. In a short period of time, that so-called legal tender will have been fully devalued, that is until the new legal tender already minted and stored by the government underground in barrels is introduced. Remember, the government does not try prevent problems such as these, but they create contingency plans.

In fact, the United States is already bankrupt. With the Gulf war and the current war in Iraq, this country is truly in financial trouble. Currently, there is a proposal for another $5 billion dollars to fund the war in Iraq. How much longer do you think that this will continue without the government telling you that your currency has been devalued?

This country has basically been operating without true currency since 1933. President Roosevelt declared so by Executive Orders 6073, 6102,6111, and also by EO 6260 on March 9, 1933 whereby they all fell under the auspices of the "Trading With the Enemy Act of the 65th Congress, Oct. 6, 1917. Such was also codified at 12 U.S.C.A. 95a, which gave the President unprecedented powers and control under a "State of Emergency.” On June 5, 1933, Congress confirmed the bankruptcy through the "Joint Resolution to Suspend The Gold Standard And Abrogate The Gold Clause. This was HJR 192, 73rd Congress, 1st session. Thereafter, the U.S. declared bankruptcy again in 1953 and has not recovered since.

Then, through another EO issued by President Johnson in 1968, silver backing was removed from our currency. This was the final step of debauching the currency and totally made the country insolvent. The Federal Reserve issues currency no longer redeemable for precious metals. Furthermore, it does not matter to them anyway, because the Federal Reserve Bank is not a government institution, but a private corporation. In other words, a private bank!