The History of Banking Control in the United States

The dictatorship of the bankers and their debt-money system are not limited to one country, but exist in every country in the world. They are working to keep their control tight, since one country freeing itself from this dictatorship and issuing its own interest – and debt-free currency, setting the example of what an honest system could be, would be enough to bring about the worldwide collapse of the bankers’ swindling debt-money system.

This fight of the International Financiers to install their fraudulent debt-money system has been particularly vicious in the United States of America since its very foundation, and historical facts show that several American statesmen were well aware of the dishonest money system the Financiers wanted to impose upon America and of all of its harmful effects. These statesmen were real patriots, who did all that they possibly could to maintain for the USA an honest money system, free from the control of the Financiers. The Financiers did everything in their power to keep in the dark this facet of the history of the United States, for fear that the example of these patriots might still be followed today. Here are some facts that the Financiers would like the population NOT to know… (Continue to full commentary)

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CRYPTO MANIA

Bitcoin is making new highs for the year and it inspired me to draw this cartoon.

Mark Zuckerberg is going to roll out a Facebook cryptocurrency based on a reliable blockchain called “Libra,” suggesting scales of justice. It will be his justice, of course. VISA and PayPal are already backing it, and to me that raises even more red flags. Continue reading

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Numismatics Are Fool’s Gold

The following is mixed from two different columns, one from renowned economic commentator, Peter Schiff, and the other from the editor of the Kettle Moraine family of publications, including Morgana Precious Metals.

Numismatics Are Fool’s Gold
Last month, I addressed the hype around gold confiscation, and debunked the myth that collectible or numismatic coins would offer effective protection. But there is another sales pitch that many dealers will use while trying to “up sell” you to numismatics. They may argue that on investment merits alone, numismatics are a better bet. While this may be a more rational line of thinking than the typical confiscation con, it is bad advice for investors hoping to protect their assets in an economic slump. Continue reading

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The 90th anniversary is but months away….

Could it happen again?

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Price: Gold, Yesterday, Today and Tomorrow

Let’s think about economic life around the world, as it was one hundred years ago – a very short time ago, in historical terms.

The first thing that comes to my mind, is how difficult it was to accumulate any quantity of gold. My maternal grandfather was a schoolteacher and a minister; I guess he made some $600 dollars a year, and he raised a family of eleven on that wage. I doubt very much, that he ever owned a $20 dollar gold piece for any length of time. A silver quarter-dollar was an adequate birthday present for his children. Continue reading

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Mystery of the Spanish coins that predate Christopher Columbus by 200 years and have been found deep in the Utah desert

Coin discovered in the park, minted in Madrid, was likely made in 1662 or 1663

Spanish treasure that predates the arrival of Columbus by 200 years has been found in a US national park.

The two coins, one minted in Madrid in 1660 and the other made around the 1200s, were found lying on the floor at Glen Canyon National Recreation Area, Utah.

Their presence in the desert remains unexplained and no information has been released about whether they were found with other artifacts.

Spanish explorers arrived in Mexico in the 1500s and began exploring north, although there is no record of them being in America at the time the coins were made. Continue reading

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The Most Dangerous Man in the Mid-South

Who is Franklin Sanders, a.k.a. “The Moneychanger“?

[Over 50] years ago, just a few weeks before I got married, on a drugstore bookstand I found a strange book: Capitalism, the Unknown Ideal. It was a collection of essays about a philosophy of freedom. Two dealt with the American monetary system. The author explained that nothing — no gold or silver — backed our currency. He argued that sooner or later, this fiat money system would lead to disaster, and that only a money backed by real value — gold — could last.

That author was Alan Greenspan. Since then our careers — Alan’s and mine — have taken very different paths. Continue reading

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Time to Get Out the Wheelbarrows?

Another Look at the Weimar Hyperinflation

It was horrible. Horrible! Like lightning it struck. No one was prepared. The shelves in the grocery stores were empty. You could buy nothing with your paper money. ~ Harvard University law professor Friedrich Kessler on on the Weimar Republic hyperinflation (1993 interview)

Some worried commentators are predicting a massive hyperinflation of the sort suffered by Weimar Germany in 1923, when a wheelbarrow full of paper money could barely buy a loaf of bread. An April 29 editorial in the San Francisco Examiner warned:

With an unprecedented deficit that’s approaching $2 trillion, [the President’s 2010] budget proposal is a surefire prescription for hyperinflation. So every senator and representative who votes for this monster $3.6 trillion budget will be endorsing a spending spree that could very well turn America into the next Weimar Republic.1
Continue reading

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Gold To Tackle $1,300, Watch For ‘Deteriorating Data’

“Buying the dips” will define gold’s latest trading pattern as the precious metal heads towards $1,300 in the near-term, guided by a dovish Federal Reserve and an aversion to risk amid U.S.-China trade tensions, according to TD Securities.

“Gold is set to improve and trend toward $1,300/oz. Lower rates, a flat curve and a growing likelihood of rising equity market vol are all factors helping gold … suggesting buying the dips may well be the order of the day in the precious space,” TD Securities strategists wrote in a note on Monday. Continue reading

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What Most People Don’t Know About Gold

Historically, gold has never been viewed as a speculation. It was simply money: cash in the most basic form. It was a medium of exchange and a store of value. People did not accumulate gold because it could make them wealthy, but because it was a convenient, liquid way to keep the wealth they had.

It’s only very recently, since 1971 – when the U.S. government proved unable to keep the price at $35 – that gold has been viewed as a speculation. In those days gold was an ideal speculation, with minimal risk but a huge upside. Continue reading

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