US to go on the gold standard?

[Steal]

Yeah, I know, slightly misleading. Was intentional to set the mood and have you coming in swinging. Another article to dismantel

Lots of good input on the last one, so figured would try again.





I have often written about the US Treasury and US Mint's very strange behavior when it comes to their part in continuing "business as usual" for the fiat monetary system. Although many have chalked up the Mint's rationing of Gold and Silver American Eagle coins to normal behavior of inept government employees and government bureaucracy, I have a much different take on the subject. I believe they are trying to DELAY and LIMIT the American Eagle program until such time as the US is ready to go back on a gold and silver standard.

To understand this objective it helps to go back to a very important moment in our monetary past...

It was March of 1982 when Reagan's Gold Commission released their final report on the "Role of Gold in the Domestic and International Monetary Systems". Although the Commission's recommendation was "no change necessary at the moment" the report was surprisingly frank about what the future might hold. The full report can be found here:

Gold Commission Report

What I found most interesting is the report's conclusion on page 21 which I explored in this article:

Gold Standard Implementation Update

http://www.roadtoroota.com/public/117.cfm

It is clear to me that from as far back as 1982 the US Government was aware of the potential (or even the likelihood) of a need to return to a Gold Standard. In 1985, Congress even went so far as to begin the re-implementation of Gold and Silver coins into our population by authorizing the "Bullion Coin Act of 1985". This act was following through with the recommendation of the Gold Commission's "Minority Report" written by our friend Ron Paul and Lewis Lehrman:

http://mises.org/books/caseforgold.pdf

Recently the BBC ran an article pointing out that the US Mint is HOARDING over $1.1B of the new $1 coins and nobody can figure out why...

http://www.bbc.co.uk/news/world-us-canada-10783019

Is it only a coincidence that the US Treasury is also delaying the introduction of the new $100 bills until Feb 2011 when they've been in production for over 2 years? My take on the new US $100 bill can be found here and the implications are staggering if I am correct:

Hidden Meaning in the New $100 Bill

http://www.roadtoroota.com/public/261.cfm








So let's add up all the information we know about the strange behavior coming out of the US monetary authorities...

1) All US Bills have been redesigned EXCEPT the US $1 Bill with all the Illuminati references on the back.

2) The US Mint is hoarding the new $1 coins to the tune of over 1 BILLION coins.

3) The New US $100 Bill is being held back and stockpiled even though it is the most counterfeited bill in the world.

4) The new US $100 Bill is full of references to gold and overthrowing our government when they gets out of hand.

5) The NEW SF Mint project was scheduled for opening in 2008 but has been delayed even though many say it's ready to go (http://www.themintproject.org/our_bold_plan/index.html).

6) The rationing of gold and silver US Eagles is completely illegal and yet the US Mint continues to ration (http://www.roadtoroota.com/public/330.cfm)

These unique oddities in the behavior of our monetary authorities can ONLY be understood by knowing that they are PREPARING for some event that they KNOW is coming very soon. I believe the total and complete destruction of our fiat monetary system is that event. Many mainstream monetary commentators predict that the end of fiat money is inevitable but it will take another 5-10 years to transpire. From my work on the Road to Roota Letters this transition will not take place in a matter of decades... but a matter of MONTHS!

We are on the brink of something the majority of people in the world are not prepared for. The complete elimination of fiat money and a return to a gold standard. The US Treasury and the US Mint are walking the same fine line that the CFTC is walking as they try to slowly introduce position limits on gold and silver COMEX contracts. Nobody wants to ROCK THE BOAT and get blamed for the crash but all are preparing for the END of fiat money.

It's only a matter of time.

May the Road you choose be the Right Road.

Bix Weir

link here (http://news.goldseek.com/GoldSeek/1282111440.php)

[BabushkaLady]

2) The US Mint is hoarding the new $1 coins to the tune of over 1 BILLION coins.


Do you have a link for this? I was under the impression that they are usually shunned by consumers. The automatic car washes and parking lots give them out as change though.

[Phoenix]

The US will go on the All-Digital Standard.


"And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name."

Revelation 13:17

[Phoenix]

2) The US Mint is hoarding the new $1 coins to the tune of over 1 BILLION coins.


Do you have a link for this? I was under the impression that they are usually shunned by consumers. The automatic car washes and parking lots give them out as change though.


http://www.bbc.co.uk/news/world-us-canada-10783019

"In hidden vaults across the country, the US government is building a stockpile of $1 coins. The hoard has topped $1.1bn - imagine a stack of coins reaching almost seven times higher than the International Space Station - and the piles have grown so large the US Federal Reserve is running out of storage space."

[Saul Mine]

I think the dollar coin should be 3/4" diameter, made of copper, and have an image of Abe Lincoln. At least it would be a step toward restoring honest money.

[Joe King]

2) The US Mint is hoarding the new $1 coins to the tune of over 1 BILLION coins.


Do you have a link for this? I was under the impression that they are usually shunned by consumers. The automatic car washes and parking lots give them out as change though.
Yep. Nobody wants to use them.
Even when you do get them in change at the places you mention, it seems the first thing everyone does is try to spend them.
Then they get returned to the bank with the stores nightly deposit.

I don't recall ever having gotten them in change from anywhere other than where you've mentioned. Post Office used to give them in change. Perhaps they still do.

[Joe King]

The US will go on the All-Digital Standard.


"And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name."

Revelation 13:17


Yep. But in order to push the switch to digital, we need a trigger for a mass exit as people try to cash out of the ponzi-scheme.
i.e. do as Tony Robbins suggests.

Think bank run 1933 all over again, but substitute people wanting their gold for people wanting their fiat.


The only thing keeping cash around is the fact that you don't have an "electronic wallet" to hold your "electronic dollars".
The whole rest of the system is virtually in place.

[Phoenix]

Yep. Nobody wants to use them.
Even when you do get them in change at the places you mention, it seems the first thing everyone does is try to spend them.
Then they get returned to the bank with the stores nightly deposit.

I don't recall ever having gotten them in change from anywhere other than where you've mentioned. Post Office used to give them in change. Perhaps they still do.



Most of the "Golden Dollars" were put "into circulation" through the absurd "Direct Ship" program. Until the Mint caught on, you could but thousands of dollars of them using a credit card, and they would ship them to you for free. Essentially, a fee-free cash advance, or, a monster pile of free air miles. And then the banks had to deal with most of them being turned in immediately upon receipt.

http://online.wsj.com/article/NA_WSJ_PUB:SB126014168569179245.html

[Phoenix]

The US will go on the All-Digital Standard.


"And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name."

Revelation 13:17


Yep. But in order to push the switch to digital, we need a trigger for a mass exit as people try to cash out of the ponzi-scheme.
i.e. do as Tony Robbins suggests.

Think bank run 1933 all over again, but substitute people wanting their gold for people wanting their fiat.


The only thing keeping cash around is the fact that you don't have an "electronic wallet" to hold your "electronic dollars".
The whole rest of the system is virtually in place.



I suspect most of the counterfeit bills in circulation don't come from North Korea or other countries, but from the US Government itself. Already, most people are avoiding hundreds. Even $20s have great scrutiny now.

The transition to all-digital is easy, if done in stages. First, remove the hundreds from circulation, due to "counterfeiting." Then the twenties. Push even harder on debit cards. Introduce retinal scans or blood-vessel scans or both on a widespread scale. Stop issuing government checks altogether, electronic only (this is pretty much reality for SSA checks - direct-deposit or a Treasury Direct Express card will be mandatory soon). Eventually, perhaps after another false-flag, introduce a mandatory national ID, with financial transactions linked to it. Finally, eliminate the card altogether, due to "counterfeiting," and make right-hand or forehead "marks" of some sort mandatory for everything.

It's not hard to envision.

[Joe King]

The US will go on the All-Digital Standard.


"And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name."

Revelation 13:17


Yep. But in order to push the switch to digital, we need a trigger for a mass exit as people try to cash out of the ponzi-scheme.
i.e. do as Tony Robbins suggests.

Think bank run 1933 all over again, but substitute people wanting their gold for people wanting their fiat.


The only thing keeping cash around is the fact that you don't have an "electronic wallet" to hold your "electronic dollars".
The whole rest of the system is virtually in place.



I suspect most of the counterfeit bills in circulation don't come from North Korea or other countries, but from the US Government itself. Already, most people are avoiding hundreds. Even $20s have great scrutiny now.

The transition to all-digital is easy, if done in stages. First, remove the hundreds from circulation, due to "counterfeiting." Then the twenties. Push even harder on debit cards. Introduce retinal scans or blood-vessel scans or both on a widespread scale. Stop issuing government checks altogether, electronic only (this is pretty much reality for SSA checks - direct-deposit or a Treasury Direct Express card will be mandatory soon). Eventually, perhaps after another false-flag, introduce a mandatory national ID, with financial transactions linked to it. Finally, eliminate the card altogether, due to "counterfeiting," and make right-hand or forehead "marks" of some sort mandatory for everything.

It's not hard to envision.
Yea, it really isn't hard to imagine. Especially when already knowing that's what they ultimately want.

Imagine the "benefits".
No more ID theft because only you can spend your "e-money".
The gov can fix all its problems because every transaction will be known about and taxed appropiately.
No need to spend "money" printing, coining, transporting and counting etc all that bulky and dirty cash and coins.

All for the everyday low price of the last shred of privacy you've got left in any form or fashion.
Step right this way. Line forms on the left.


Personally though, I think the system has to crash out-right for enough people to be "ok" with all that.
Can't just make a switch like that for no "good" reason.
...but given a good enough reason, the people will do whatever is asked of them if they think it'll keep food on the table and a roof over their head. Or put it all back, as the case may very well be.

Which is why IMHO, if there's ever going to be a chance to actually correct things, it'll be critical to have sufficient numbers of people that at least understand the basics of what's been going on, to be able to see what's happening and possibly stoping it. Even if it's just a long shot.

I know it's just a hypothetical, but what do you think would have happened in 1933 if the people really did demand their gold and didn't take no for an answer?
http://forum.thescubasite.com/party/party0043.gif (http://www.thescubasite.com) <--- i.e. did that to 'em instead of just suckin' it up

[Steal]

2) The US Mint is hoarding the new $1 coins to the tune of over 1 BILLION coins.


Do you have a link for this? I was under the impression that they are usually shunned by consumers. The automatic car washes and parking lots give them out as change though.


http://www.bbc.co.uk/news/world-us-canada-10783019

"In hidden vaults across the country, the US government is building a stockpile of $1 coins. The hoard has topped $1.1bn - imagine a stack of coins reaching almost seven times higher than the International Space Station - and the piles have grown so large the US Federal Reserve is running out of storage space."


I didnt even make that connection. Skimmed right over, 'assuming' since basis of article was gold standard, they where talking about the $1 silver american eagle. Which to my understanding, they can not even keep up with demand. Who the hell would want stock piles of clad coins?

[Joe King]

2) The US Mint is hoarding the new $1 coins to the tune of over 1 BILLION coins.


Do you have a link for this? I was under the impression that they are usually shunned by consumers. The automatic car washes and parking lots give them out as change though.


http://www.bbc.co.uk/news/world-us-canada-10783019

"In hidden vaults across the country, the US government is building a stockpile of $1 coins. The hoard has topped $1.1bn - imagine a stack of coins reaching almost seven times higher than the International Space Station - and the piles have grown so large the US Federal Reserve is running out of storage space."


I didnt even make that connection. Skimmed right over, 'assuming' since basis of article was gold standard, they where talking about the $1 silver american eagle. Which to my understanding, they can not even keep up with demand. Who the hell would want stock piles of clad coins?
The federal government, obviouly.

[Neuro]

Yes there is something fishy about having + 1 billion dollar coins in storage. If they are not wanted why produce more of them. Further all dollar bills apart from the one dollar bill are being replaced, and they have been produced for a long time...

Could be a buildup to an introduction of a new dollar....

[BabushkaLady]

The US will go on the All-Digital Standard.


"And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name."

Revelation 13:17


Yep. But in order to push the switch to digital, we need a trigger for a mass exit as people try to cash out of the ponzi-scheme.
i.e. do as Tony Robbins suggests.

Think bank run 1933 all over again, but substitute people wanting their gold for people wanting their fiat.


The only thing keeping cash around is the fact that you don't have an "electronic wallet" to hold your "electronic dollars".
The whole rest of the system is virtually in place.



They may need a trigger . . . . what they really really need is for the illegals to already be in the system. Illegals are the one big reason we haven't gone digital yet. Watch for the new immigration reform anytime now . . .