jt

Vietnam Suspends Gold Imports, Follows FDR's Great Depression Lead

I'm sure you know what happened to inflation after that...and esp after Nixon completed the coup and took us off the gold standard. The destruction of the US greenpaper accelerated dramatically. Over 75% of the 96% loss of value of the dollar that has occurred since the Fed was given (actually more like TOOK, thanx to the collusion of certain bankers, the Secy of Treas and certain members of Congress) control of the money supply in 1913 has occurred since 1971, and the dollar has lost 60% of that in the last 6+ years alone. And that's just nominal...in comparison with other fiat currencies...not in real value. To figure that out, you'd have to divide the amount of gold we actually have in this country that was supposedly backing out currency by the total of FRNs floating around. And even then that wouldn't tell you the whole story. You'd really have to look at the total derivative debt of the dollar and divide that into the amount of gold we have...and derivative debt, as you probably know, recently flew past $1 Quadrillion!!! with no slowdown in sight.

Now...consider that many analysts and other interested parties who have followed this saga for decades do not believe that it is even remotely likely that we have the amt in Fort Knox and elsewhere that we are told by the govt that we have...at least not unencumbered...ie, not already lent out, swapped, etc. with some other central bank or bullion bank elsewhere. Gold could easily be valued at $50,000 dollars / oz of official gold and still probably be cheap when all the chickens (ie, dollars) come home to roost. I don't think 99+% of the American public has a clue just how bad inflation really is and just what kind of a price inflation tsunami is about to hit them.

Then throw in the shadow govt's somehow convincing the US Congressional Sheeple to actually create a North American Union and the Amero. Imagine the executive order...then seconded by the elected Sheeple ("the baaaahhhhs have it, motion passed")...forcing the american public sheeple people, along with Mexico and Canada, to accept one Amero for two American dollars (and some ratio for pesos and loonies)...but then the sheep go to the stores and find that the prices haven't changed much, they're just in ameros now...immediate 100% price inflation. Can't happen here??...you bet your cheshire cat it can.... As a matter of fact, unless MANY more Americans wake up and support people like Ron Paul and get vocal and active, that is EXACTLY what is going to happen...or some version of it.

Confiscation here?...can it happen again?...don't know...but don't know why not. Any thots? Where would one be safe...and how would one get his/her wealth out of here and get it there? Is goldmoney safe from the greedy fingers of UncleMafiosoFed and Cousin Treasury, even across the pond? Will S. American govts kneel before the Western Central Bankers and accept their bribes by also criminalizing gold importation or even ownership?? So hard to know these things. So much happening so fast...so many questions...so few anwers.