Even though gold has already enjoyed an 11-year bull run we still think that it’s a good investment. Here we present a few charts that suggest that the current gold price is actually quite cheap!
There are three simple (but apparently elusive) charts that indicate the cheap valuation placed upon gold at present. [Note: We'll be updating these charts every week so that you can track their progression over time.]
Chart 1: What Percentage of [...]
[President Roosevelt Executive Order 6073, 6102, 6111, 6260; Senate Report 93-549, pgs. 187 & 594, 1973]
Pursuant to Title 12, USC Sec. 411, a “dollar bill” (Federal Reserve note) is NOT a dollar. It is a promise to pay face value – in dollars – in the future. That promise was repudiated in 1933 – over 76 years ago.
For over three generations, Americans have lived under a perpetual “temporary” State of [...]
“REDEEMABLE IN GOLD ON DEMAND AT THE UNITED STATES TREASURY OR IN GOLD OR LAWFUL MONEY AT ANY FEDERAL RESERVE BANK.”
In 1934 every Federal Reserve Note carried the notation:
“THIS NOTE IS LEGAL TENDER FOR ALL DEBTS, PUBLIC AND PRIVATE, AND IS REDEEMABLE IN LAWFUL MONEY AT THE UNITED STATES TREASURY OR AT ANY FEDERAL RESERVE BANK.”
In 2001 every Federal Reserve Note carried the notation:
“THIS NOTE IS LEGAL TENDER FOR ALL [...]
TUESDAY, JANUARY 10, 2012 AT 5:09PM
One of the downsides of having government education camps (the school system) “educate” most of us slaves is that most of us have no clue what occured prior to our own lifetimes. And what we think we know is incorrect or never happened.
Everything that is currently going on in the US… government “stimulus”, massive deficits, pending bankruptcy and the use of the crisis to institute [...]
by The Economic Collapse
Most Americans have no idea that the U.S. government once issued debt-free money directly into circulation. America once thrived under a debt-free monetary system, and we can do it again. The truth is that the United States is a sovereign nation and it does not need to borrow money from anyone. Back in the days of JFK, Federal Reserve Notes were not the only currency in circulation. Under [...]
Lone Star Watchdog
August 5, 2011
Hearing about the new Super Congress being imposed on us sounds like the Supreme Soviet under the communist system in Russia. We do not need a super congress. This new creation outside the Constitution does not exist and violates the separation of powers since the President sits on a new committee that will circumvent our republican form [...]
by Michael Smith
Money has always been a matter of trust. Even when it was made of gold, there was still a need to believe it wasnâ€™t tainted. As money has moved beyond metal to notes, its value and virtue has changed, too. The U.S. Dollar says â€œIn God We Trustâ€ but implies trust in Uncle Sam to make good on the note. Such trust requires maintaining a value proposition [...]
Richard Russell snippet? Dow Theory Letters? Feb 7, 2011
February 4, 2011– What do the Chinese know that we don’t? According to my favorite newspaper, the Financial Times, the Chinese people are buying gold like there’s no tomorrow. According to the Times, “Precious metals traders in London and Hong Kong said on Wednesday they were stunned by the strength of Chinese buying in the last month. The demand [...]
You know very well that I can prove the following fourteen points all day long.
And they own it All, including us….
1. You are legally a debtor and chattel (property) owned by a hidden creditor.
2. There is a hidden lien on everything transacted for by or with a Federal Reserve Note.
3. Your entire alleged wealth is/has been liened, you donâ€™t own anything! You merely have possession by privilege. This privilege [...]
Local home sales down more than 50 percent
The expiration of a tax credit for first-time homebuyers left a tangible impression on the Illinois housing market, as home sales dropped almost 25 percent in the third quarter compared to the same time last year, according to data released Wednesday by the Illinois Association of Realtors.
In DeKalb County, the number of homes sold from July through September fell by more [...]
The chickens are coming home to roost. Note what my pet name for Mortgage Backed Securities was and still is:
Interesting historical note is that as of Sep 27, 2007 The Fed held $780 billion in Treasuries and $114 billion other. (ref 1)
So, just three years ago, your money (Federal Reserve Notes) was backed 87% by US Treasuries. Today, your money (Federal Reserve Notes) is backed 34% by US [...]
People need to forget the notion that all money is printed on a printing press. Physical cash is only 3 percent of the entire system. Coupled with that, money is really created by your signature to loan, or an institution or agency that was created by our De Facto government held hostage by a private cabal. Remember, there was NO “FIAT” DEBT before 1913!!!
The more programs, the more money. The [...]
Roosevelt once said that Nothing in Politics Happens by Accident. Was he right or was he wrong? Six months ago, we debated a 100 point up or down Market ticker. Today, the wisest amongst us, ignore the Weekly “Roller Coaster”….just as we ignore Geraldo Rivera in the path of a natural Hurricane!! A joke is a joke, whether it is obvious, or if it is displayed on the Main Stream [...]