|The Dollar Is 'Mighty' In the Way That Kim Jong Un Is 'Tall'||Source|
Were he around, Adam Smith would marvel. All this talk of a “strong,” “weak,” or as is often said lately, a “mighty” dollar. Wait, what? Money just is, yet pundits of the moment quite literally act as though money grows on trees such that it grows “stronger” today, but perhaps not tomorrow. No, the money discussion isn’t serious. Again, Smith would be aghast.
He would be given his common sense understanding that money’s sole purpose is as a measure to facilitate the exchange of goods and services. Producers of actual goods and services quickly happened on the blinding glimpse of the obvious that barter was inefficient, thus necessitating money. A common agreement among producers about a measuring stick of value would enable producers of varied goods and even more varied wants to trade with each other.
|How much gold? At what Price?|
What is the price of gold? Depends upon:
The current estimate (as of 2012) for the amount of gold stock in the world is in the region of 170,000 tonnes. The evidence overwhelmingly states that 170,000 tonnes is probably around 10% of the gold that actually exists.
Somewhere between 1,200,000 tonnes and 2,500,000 tonnes would seem to be a reasonable and conservative estimate. Obviously it could go way beyond 2,500,000 tonnes. What is beyond doubt is that 170,000 tonnes barely represents the tip of the iceberg of the world’s gold stock. Let us be rid of this figure once and for all. It is a folly to keep repeating an obvious error as though it were fact.
|The Great Silver Heist||Source|
I originally published The Great Silver Heist in November, 2004. We recently published an incredibly well researched exposé entitled "The Silver Stealers" by our good friend, Charles Savoie. Through his research, we gain a much greater understanding of the methods and motives of "the Darkside" in their megalomanical attempts to rule the world.
… If you have been paying the least bit of attention to the underlying theme of my rants you would also realize that I consider the "Dark Side" to be made up of institutional wealth in the hands of multinational corporations, the various banking cartels, and "Old Money" elitists that were not responsible for creating the wealth but rather are simply endowed with the ability to wield the power that comes with such wealth. These factions are, IMO, grossly abusing their powers and, as a result, selling out America. They are disrupting the course of natural evolution.
|All Wars Are Bankers' Wars!|
I know many people have a great deal of difficulty comprehending just how many wars are started for no other purpose than to force private central banks onto nations, so let me share a few examples, so that you understand why the US Government is mired in so many wars against so many foreign nations. There is ample precedent for this.
Banking was conceived in iniquity and was born in sin. The Bankers own the Earth. Take it away from them, but leave them the power to create deposits, and with the flick of a pen they will create enough deposits to buy it back again. However, take it away from them, and all the fortunes like mine will disappear, and they ought to disappear, for this world would be a happier and better world to live in. But if you wish to remain slaves of the Bankers and pay for the cost of your own slavery, let them continue to create deposits. – Sir Josiah Stamp, President of the Bank of England in the 1920s, the second richest man in Britain
|The Silver Saga|
The incredible collapse of value of silver in the 19th century — don't blame Comstock!
The silver standard did not die a natural death.
In this paper we focus on the conspiracy as it might have unfolded between the two dates:
|The Silver Ruble Coin for Russia||Source|
A presentation by Hugo Salinas-Price, President of the Mexican Civic Association, A.C., offered to the St. Petersburg International Economic Forum, June 16-18, 2016, at the generous invitation of Mr. Sergei Prikhodko, Deputy Prime Minister of the Russian Federation.
…As a result of the mythical threat of aggression on the part of Russia, concocted as part of the enduring plan of the US to become the world's dominant super-power, which requires the dismemberment of Russia, the EU was forced by the US to apply "Sanctions" to commerce with Russia. Russia responded with sanctions of its own on European commerce, namely by cutting off its purchases of Europe's products in agriculture and industry. France has been adversely affected by the loss of Russia for its agricultural products and Germany equally affected by the loss of Russia for its industrial products.
However, Russia could respond not only by opposing military strength to military threats and applying counter-sanctions, but by undermining NATO's threats and the "Sanctions" régime by means of a moral initiative which would strongly impress public opinion in Europe regarding Russia.
Let us remember that Napoleon once said, "In war, morale is three times more important than weaponry."
The moral initiative which Russia could take to dissolve Europe's support for NATO, counter American propaganda regarding the threat of "Russian Aggression", and eliminate the program of European "Sanctions", would be to create the Silver Ruble coin - a completely unexpected action for which Russia's adversaries are totally unprepared and for which they have no answer.
|The Invention of Money|
A Reply to Robert Murphy’s ‘Have Anthropologists Overturned Menger?
By David Graeber, who currently holds the position of Reader in Social Anthropology at Goldsmiths University London. Prior to this he was an associate professor of anthropology at Yale University. He is the author of ‘Debt: The First 5,000 Years’ which is available from Amazon