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<p>[QUOTE=&quot;InfleXion, post: 1679407, member: 29012&quot;]It is the gold standard that is often referred to as the barbarous relic, not gold itself. This is of course rhetoric to instill faith in debt based currency, just as is calling gold a bubble which has been the case throughout every bull market.&nbsp; </p><p><br /></p><p>&nbsp; </p><p><br /></p><p>It makes sense from the standpoint that metals are free market competition for the controlled currency, and as such need to remain in non-free markets to prevent them from undermining that control. It also makes sense from the standpoint that throughout the 1900&#039;s the global stockpile of silver was decimated and is now at its lowest level since the 14th century. Supply and demand does work, even if price discovery does not. Some may consider us lucky, others unlucky, that we are living through a time where true price discovery will return out of necessity due to supply depletion of a non-renewable resource, silver.&nbsp; </p><p><br /></p><p>&nbsp; </p><p><br /></p><p>The goal has been to use up all the silver so that it cannot return to functional money, since a dual metal standard is the sure way to ensure one metal isn&#039;t undermined and swapped out for fiat. This is why silver had to be demonetized, so gold could be subbed out for paper without interference from silver, and the very means of doing this was fixing the GSR in the Coinage Act of 1792 so as to eventually to drive silver out of circulation due to Gresham&#039;s Law, culminating in the subsequent Coinage Act / Crime of 1873. </p><p><br /></p><p>Had the free floating GSR been maintained that was established by the founding fathers neither metal would have been able to be exchanged for fiat since the remaining metal would provide a superior currency, and thus fiat would have failed. Thomas Jefferson argued against fixing the ratio as well as the First Central Bank of the US in 1791, but freemason George Washington sided with Alexander Hamilton and his fractional reserve banking system planted by the Rothschilds since the temptation of loaning money back to themselves to artificially inflate balance sheets was too great. Sound familiar?&nbsp; </p><p><br /></p><p>This will inevitably backfire since metals are divisible and can function as money in any quantity, but it has provided an extension of the current empire fueled by the petro-dollar long enough to turn the oblivious into debt slaves, and to advance the globalist agenda far enough to erode liberty even in the land of the free, which gave up control of the nation&#039;s money only 15 years after declaring independence from the crown which was under the same banker occupation as we are now today. </p><p><br /></p><p>Yes, the First CB&#039;s charter eventually expired, and there is more to the story; Burr and Hamilton&#039;s duel, the 2nd Central Bank and Andrew Jackson routing them out, and the Fed sealing the deal in 1913, but essentially 1791-1792 is where things started going wrong. Unfortunately we the people were not eternally vigilant, and the multi-generational enemies of freedom have been, but nature will only bend so far before pushing back. The centuries old suppression of the peoples&#039; money, silver, will ultimately be responsible for its return to prominence once price discovery is based on reality again, which could not happen under current circumstances had the available supply not been nearly depleted.[/QUOTE]</p><p><br /></p>

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