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Resistance
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Title: A new Physical GOLD based Currency (And There IS Enough Gold for this One.)
Source: Corps of Discovery
URL Source: [None]
Published: Oct 30, 2011
Author: Coral Snake
Post Date: 2011-10-30 06:31:41 by Coral Snake
Keywords: Polymer, Gold, RonPaul, CorpsOfDiscovery
Views: 126
Comments: 4

A new Physical GOLD based Currency (And There IS Enough Gold for this One.)

By Coral Snake

Photobucket

This is one of the revisions I’m making to the Corps of Discovery platform of basics.

I have been studying the issue of money and currency extensively over the past few weeks and now feel that the Corps of Discovery should go on record as advocating a GOLD BASED private competitive currency rather than the debt free fiat currency plan originally advocated. One of the arguments I originally had against a gold based currency was that there was not enough gold for a physical coin standard for every one who would want to participate in such a currency when the current Debt / Usury based dollar collapses. I believe that I discovered a way to circulate gold in such a way that.

1. There will be enough for all potential participants.

2. That will retain the convenience of paper money but still be genuine physical gold.

This idea came to me when I was studying recent developments in fiat currencies, particularly in Australia and Canada. I found they are no longer being made from paper but from a durable polymer material (plastic) and then came up with the idea:

What if physical gold in small amounts could be circulated as a part of polymer notes rather than merely “backing” them much as we would see on the picture below:

Photobucket

I have chosen the thousandth of an ounce of gold for our “monetary unit” here because that is a round number and It has a current market value greater than a FRN “dollar” (A requirement for legal “local” currencies) but is still small enough in value so that the average unemployed person nof today can buy in with what few FRN “dollars” he has.

Now notice the yellow orange stripe on the perspective gold certificates pictured here. THIS WILL BE THE GOLD that the face value of the certificate represents. In otherwords these gold certificates wont be backed by gold they will BE GOLD.

So here we have a currency that will circulate PHYSICAL GOLD again for the first time since 1932 yet still have the convenience of paper money. I think I may just approach Ron Paul with this idea since he is big on the idea of private physical gold circulation. However what happens a gold based polymer currency actually circulation physical gold as a part of its makeup is the new Monetary position for the Corps of Discovery. (2 images)

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#1. To: Coral Snake (#0)

The problem with gold: most of it is owned by the Rothschild combines. Why would we want to put ourselves even more at their mercy?

bluegrass  posted on  2011-10-30   13:34:21 ET  Reply   Trace   Private Reply  


#2. To: bluegrass (#1) (Edited)

And so is our treasury department which would print any debt free fiat money. (Remember that the President who is always a Rothchild pick through the Bilderburgs names the Treasury Secretary and Treasurer as well as the Fed chairman. This was the main thing in my studies that turned me away from ANY form of State fiat money either on a Debt / Usury FRN basis or a "debt free" USN basis.)

The only sensible currency is the precious metals residing in OUR OWN HANDS using the gold / polymer type note I suggested in the article or paper notes backed by precious metals BACKED BY STRICTLY LOCAL BUSINESSES (like a local currency" with the requirement that the issuing business has to constantly keep the gold and or silver used to back his notes on public display and the paper issue is on an absolute 100% reserve basis with no USURY on "fractional reserve" lending allowed.

The ONLY type of "unbacked" currency I would support now that I know the Bilderburg / Rothchild connection to the Treasury department as well as the Fed or more familiarly in Corps of Discovery language the FARO RESERVE BANK would be dollar rather than share based private stock based on AMERICAN PRODUCED GOODS produced by manufacturing businesses. I would continue to support "unbacked paper" on this basis because the neccessity to manufacture goods in this country in order to be able to print money on them under this dollar stock system which would replace the FARO RESERVE BANK, the Treasury printed "debt free" notes and precious metal backing would help in bringing the jobs back from China.

Photobucket The FARO RESERVE BANK!!! Photobucket

Coral Snake  posted on  2011-10-31   7:11:01 ET  Reply   Trace   Private Reply  


#3. To: bluegrass (#1)

The problem with gold: most of it is owned by the Rothschild combines.

You're correct. A tri-metal system might allow the masses to hold enough silver and copper to balance against the elites control over gold. (And then again this might not be the solution either, but it would even things out a bit.)

A single gold standard would without question leave the elites where they are today.

"the man who puts all the guns and all the decision-making power into the hands of the central government and then says, “Limit yourself”; it is he who is truly the impractical utopian." Murray Rothbard

noone222  posted on  2011-10-31   7:45:39 ET  Reply   Trace   Private Reply  


#4. To: Coral Snake (#2)

I do think that the world will be forced to return to commodity backed currency and laws against leveraging or fractional reserve banking.

Until the derivatives nuke exploded there was a certain amount of trust between the thieves at the top of the financial system. That trust was disintegrated by Wall Street and the Central Banking Cabals and will take centuries before that trust can be restored, if it ever can be.

"the man who puts all the guns and all the decision-making power into the hands of the central government and then says, “Limit yourself”; it is he who is truly the impractical utopian." Murray Rothbard

noone222  posted on  2011-10-31   7:51:39 ET  Reply   Trace   Private Reply  


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