GOLD: Why should gold be money? No bureaucrats required!

Sunday, July 16, 2017

2017-Jul-16

From (the brilliant) Alasdair Macleod: “Understanding Money and Prices”

“Gold matters, because, excepting silver, it is the only form of money that has survived since individuals discovered the convenience of money over barter. It is beyond the control of governments, as they cannot issue it without acquiring it first. It is subject to the constraints of its quality, so that as a medium of credit it cannot be debauched, only defaulted upon. Its relative inflexibility and its soundness are the primary reason governments do not like monetary gold, and force their preferred alternative on their citizenry. The vested interest of government is therefore to discourage, or even ban the use of gold as competing money.”

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Imagine the world without any “central banks”?

Imagine the world without bureaucrats “setting” interest rates?

Imagine the world without politicians borrowing “money” to spend to buy votes?

Sounds like a pretty good world to me.

You could save for your retirement and know that Gooferment “inflation” couldn’t steal your wealth from you.

If a politician wants to start a war, then they have to pay for it.

If a bureaucrat wants to increase his staff, then they have to pay for it.

If the “community organizer” wants to get “free” stuff, then they have to pay for it.

Go ahead “raise taxes” and see how that worshippers out for you.

Argh!

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GOLDBUG: Alternatives to “soon be virtually worthless Federal Reserve Notes”

Tuesday, May 30, 2017

https://www.lewrockwell.com/2017/05/no_author/another-ron-paul-victory/

LewRockwell.com anti-state•anti-war•pro-market

In Blow to Federal Reserve, Arizona Just Legalized Gold and Silver as Currency
By Shaun Bradley
The Anti-Media
May 27, 2017

*** begin quote ***

The current economic realities affecting our quality of life will continue to force local representatives to take action while Congress faces gridlock. Without establishing alternative options for communities across the country, our entire standard of living may fall fully into the hands of the establishment politicians in Washington DC — more so than it already has.

There is a subtle ongoing realization that no matter what the pundits and politicians claim, there is no easy way out of this mess. The public’s confidence in central banking is clearly eroding, and hopefully, it will be enough to allow a new kind of financial freedom that hasn’t been seen in the United States’ economic system for over 100 years.

*** end quote ***

It’s not enough to see the future. One MUST be able to change it. That was the Oracle at Delphi’s problem.

I’m not a fatalist; just a cynic.

The politicians and bureaucrats are worried about any future; other than their own.

Maybe I should be so short sighted.

Save your nickels.

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RANT: Time for individual responsibility

Tuesday, December 20, 2016

https://gearjunkie.com/rescue-fine-steamboat-springs-backcountry-skiers

December 19, 2016, 12:50 pm By: Adam Ruggiero
Rescue Fine: Steamboat Springs Warns Backcountry Skiers

New signs around the Steamboat Ski Area warn adventurous skiers of newly-implemented rescue fine.

*** begin quote ***

Ski patrol is putting up the signs, proclaiming the $500-per-person rescue fine, on out-of-bounds access gates at edges of the Steamboat Springs, Colo., ski area. The resort’s new trail maps also carry the warning.

The purpose is to deter inexperienced skiers from getting in over their heads (sometimes literally). It is also a response to an uptick in trespassers not heeding the current boundary signs.

According to a report in Steamboat Today, ski patrol director John Kohnke estimates 500 people a day slip through the access gates. This is up from about 20 when he began 40 years ago.

Neither Routt County Search and Rescue, which sometimes aids in ski area rescues, nor the Forest Service objected to the fines.

Rescue Fines In Steamboat Springs

By Colorado state law, Search and Rescue cannot charge for operations because it may deter skiers from calling for help when they need it. However, this fine appears to be directed specifically at skiers who leave through the resort gates.

*** end quote ***

Sorry, but if you have to have the “Search and Rescue” to haul your sorry butt out, then you should pay for it. 

At the very least, they could sell “insurance”. Buy it and need us, OK. Don’t and you do, you pay.

If you spread the cost across lots of skiers, it’s probably reasonable.

No one has a “right” to be rescued.

Wonder how many of these were “repeats” or “obvious beyond their skills”.

Argh!

Time for individual responsibility.

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GOLD: What are your “savings” worth?

Sunday, April 17, 2016

https://www.lewrockwell.com/2016/04/jack-perry/praise-penny/

In Praise of the Penny
By Jack Perry
April 14, 2016

*** begin quote ***

Consider this: If I back my dollar with gold, there are only so many dollars I can print because gold is a finite thing. No one will be able to accumulate too many of those dollars because, sooner or later, they’re going to have to part with them if they want to eat. But if I can print unlimited cash, unbacked by anything, I’m not even limited by the supply of paper! I can use a computer to say, “There! I just created ten billion dollars to issue to Slob Junction Central First National Bank!” After all, hey, we’re going to electronic transfers and people are saying we don’t even need the fig leaf of paper money to hide the fiction of the currency. Therefore, people can hoard immense sums and when there’s a shortage of available currency because it’s being hoarded, they just print more. Or open up a computer program and create more out of thin air and electrons. Same thing. That’s what creates “income inequality”, not wages.

*** end quote ***

It’s no secret that I’m a gold bug.

When the <synonym for excrement> hits the fan and the Gooferment can pay its bills, guess what will happen?

Of all the “fun things” that might happen, the one that worries me most and that I have personally seen is INFLATION.

When the value of paper money or “electronic dollars” goes into the toilet, I bet a roll of nickels will be worth something. Never mind an ounce of silver or gold.

Remember that’s what many USED to be.

Twenty dollar gold piece had real value.

Argh!

“We, The Sheeple” are so dumb.

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GOLDBUG: A universal gram based gold currency is what the world needs

Tuesday, March 22, 2016

http://www.321gold.com/editorials/moriarty/moriarty031516.html

Reviewing The New Case for Gold
Bob Moriarty
Mar 15, 2016

*** begin quote ***

… … what we need is for all countries to accept a gram based gold currency unit instead of gold being tied to anything. The financial problems of the world today are caused by fake money and the solution is not another fiat currency that no one understands but real money that you can touch and feel and hold. Gold fills the bill, SDRs do not.

*** end quote ***

Imagine how easy it would be for commerce and travelers.

And, no more controversy about exchange rates, “currency manipulation”, and “racing to devalue”.

The Tower of Babel says that humanity was cursed with different languages. Maybe we were cursed with different currencies and that is really the thing that keeps us separate. And, under the proverbial thumb of the Bankers.

Of course, that will never happen.

“Honest money” is the friend of the poor, senior citizens on fixed incomes, and anyone trying to save! For retirements, a house, a child’s education.

Remember that “Cross of Gold” speech? How much better of would be those Farmers if their “wealth” hadn’t been stolen by the Gooferment with it’s inflation, “price supports”, and regulations?

While there’s no way to know for sure, it couldn’t be as bad as the “hidden tax” of the inflation of the US dollar. It has lost 99% of its value in the last 40 years.

Argh!

And, don’t forget the the current 18T+ national debt and the guesstimated 200T+ in unfunded liabilities that our posterity will have to deal with!!!

Gold is the standard.

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GOLDBUG: The Banksters are going attempt a robbery of “We, The Sheeple”

Sunday, February 28, 2016

https://www.lewrockwell.com/2016/02/clive-maund/curb-enthusiasm-just-little/

Gold Market Update
By Clive Maund
CliveMaund.com
February 22, 2016

*** begin quote ***

The big banks have plans to seriously mine their customer’s accounts, and we are not talking about charging half a percent a year here, we are talking about 2 or 3 percent of your account money being siphoned off into their coffers every year for the privilege of you being able to hold an account with them. Of course, any rational person knowing this was coming would withdraw their money and stuff it under a mattress or buy gold, so they are going to be prevented from doing so, by the introduction of the “cashless society”. 

*** end quote ***

This situation is shaping up to be a robbery of “We, The Sheeple”.

Not sure how the average Joe Sixpack can avoid this theft.

Maybe save some nickels?

Argh!

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GOLDBUG: Germany Repatriate 200 Tons

Monday, February 1, 2016

https://www.lewrockwell.com/2016/01/no_author/germans-mistrust-fed/

Uncertain Times Sees Germany Repatriate 200 Tonnes Of Gold Bullion
By Mark O’Byrne
GoldCore
January 29, 2016

*** begin quote ***

The Bundesbank’s repatriation of 200 tonnes of gold bullion reaffirms the fact that central banks today still view gold as a vital safe haven reserve currency and monetary asset. It also indicates a lack of trust between central banks and specifically with the Federal Reserve, whose gold reserves have not been audited in over 50 years and many have doubts about the integrity of those reserves.

*** end quote ***

I got my gold. Do you?

Do you trust the Gooferment, politicians, or bureaucrats?

I don’t!

Why do you?

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