You are viewing a single comment's thread from:

RE: Conspiracy Theorists Can Relax! Steve Mnuchin Peers Through Ft. Knox Window And Confirms Gold Is Still There!

in #money7 years ago

I think we should go to a Silver backed currency and because there is more of it it would be easier to set the value to $1. The price would also increase substantially which is what I want as a silver stacker but I think this fractional reserve system is just a terrible bubble-creating monster that just perpetualy creates more debt than anything. Or the US could do the smartest thing and through private companies purchase bullion with printed money and increase our reserve holdings and then collapse the current dollar and reset it once we have a majority of the available metal. Aim for Gold Silver Platinum and Paladium. But if that happened we would see Countries go to Nickel, etc. backed paper money or a blockchain token system which is I think where the globalists want it to go. Every single earning and every single purchase 100% tracked by the IRS which would make precious metals the black market currency sort of like Bitcoin was a few years ago. People would be using anything but blockchain money to purchase anything they don't want the government knowing about which would flip Bitcoin and Gold/Silver into a reverse paradigm. The metals are unmarked and simple, have an assay and a standard weight for bartering while the blockchain is our wages and our bills. Either way this whole Ft Knox thing is bullshit. I think the place is more likely to be filled with air or pure heroin than any precious metal. Not knowing what is inside is the only thing keeping the ignorant American masses calm meanwhile they know nothing about the Fed and even less about the tax code, or lack thereof. The people who think the US is rich because of our Gold reserves are truly stupif because it is much more likely to be our purchasing power, our Military-Industrial-Conplex, the Petro-Dollar and our political Empire that is keeping the USD viable. That and energy. If we lost one of these we would be back to the stone age getting paid in silver coins hand-poured by blacksmiths who shoes our horses and temper our shields.