Posts Tagged ‘silver and gold’

Paper Money is Fraud

Wednesday, January 27th, 2010

You must be asking how something that is used by almost everyone can be considered as fraud.  You’re probably thinking that surely, I must be talking about fake paper money.  Well, I’m not.  Sure, using fake paper money is fraudulent.  But at least we all know that it has no value whatsoever.  What a lot of people don’t know is one of biggest frauds of all time is happening legally – the “legitimate” paper money.

Here are the Major Frauds of the U.S. Monetary System:

  • The dollar is a broken contract to repay with gold or silver.
  • Unrestrained creation of money increases an already unpayable debt to the public.
  • Banks don’t possess the fraudulent paper money they say is in your accounts.
  • The FDIC is a lie; they don’t have the money to cover the accounts either.
  • The central banks only possess half the gold they say they do, the rest is leased out.
  • Bonds are a paper promise to pay more fraudulent paper promises.
  • Inflation indexed bonds adjust by using a false rate much lower that the real rate.
  • More futures contracts are sold, than silver or gold exists.
  • Options are a bad gamble on leveraged futures, and most expire worthless.
  • Position limits on longs attempt to control the market by limiting buyers’ purchases.
  • COMEX silver delivery delays are market defaults.
  • Bank hold times on checks defraud you of access to your money.
  • Legal tender laws prevent people from using gold and silver as money.
  • Taxes on gold and silver purchases are illegal since it is only one tender for another.
  • Income tax was to be temporary from WWII; it’s fraudulent and unconstitutional.
  • The social security system, medicaid, and medicare is a pyramid scheme and will collapse.
  • We used to be on a gold standard.  But back in 1971, the gold standard ended.  It was when France redeemed US dollars for gold.  The US government then started printing money with insane disregard just to prevent it from going back to its intrinsic value of zero.  The growth of paper money can only be described as an explosion and to the uninformed, this might look like a good thing.  But remember, paper money’s intrinsic value is a big fat nothing.  With more and more big fat nothings circulating, then it’s just a matter of time before it plummets back to its original value.  Now you know why the Fed stopped publishing numbers for M3 back in 2006.

    Gold and silver is the true money.  Gold for instance has the fundamental nature of money in the strictest sense of the word.  It is a great store of value because its value will never go down to zero.  It’s rare and highly desired by everyone around the world.  You can go ahead and try using your greenback in the farthest corner of the world and you might get a puzzled look at most.  But use gold and you’ll see a look that basically says, “now we’re talking”.  Silver is another metal that has all of gold’s properties and more.  Since gold is very expensive, silver will be needed for smaller transactions.

    You’ve got to ask yourself why you’re working two shifts every other day just to earn paper money that has no intrinsic value.  Then you’re going to “store” them in banks and chances are, they won’t really store it.  They’re going to invest them somewhere else.  Their explanation is so that they can give you interest.  But what they won’t tell you is this interest is not even enough to cover the inflation.

    How about the government planning on “converting” your IRA and 401K into “annuities” and other “steady payment streams”?  In short, they’re confiscating your accounts.  I wrote an article on the IRA & 401k Theft Plotted by US Government.  I released a follow-up shortly after entitled, When Heroes Disappoint because Businessweek conveniently changed the location and title of the article.

    In all of history, paper money’s value eventually went down to zero.  The government doesn’t really care.  But we should.  This is why you should invest in silver or gold.  Time will come wherein the fraud will be revealed and silver and gold will be money again.  That’s why you should get silver and gold right now, while you still can.  You can check out my articles at the Silver Stock Report.

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