The US dollar is now back on the gold standard

Adarajones · 06-22-2009, 06:19 PM

Hey I apologize if this is already posted!!

Source: http://www.benjaminfulford.typepad.com/benjaminfulford/

The US dollar is now back on the gold standard but Federal Reserve dollars are not

Large amounts of gold once stored in South-East Asia have been shipped around the world to provide physical backing for US dollars, meaning the dollar has been secretly put back on the gold standard. However, all dollars created by the Federal Reserve Board since September 2008 are not being accepted outside of the United States. This means the banking families that own the BIS have made a deal with the secret society. However, there are now 1 billion people going hungry world-wide and if something is not done about that situation ASAP, then heads will start to roll regardless of Basel 3 and the gold-backed currencies.

elsinorelore · 06-22-2009, 06:35 PM

Wo!!! Thanks for the info!!!

mu2143 · 06-22-2009, 07:46 PM

Yeah Right if the dollar was back to the gold standard then one of the two things should have happend

The prices of products in the store should have dropped back to when the last time the dollar was on the gold standard or your income should have gone up.

If none of those happend then it is just another lie.

What was the price of a house before the Fed was created ????
Ask the right questions instead of beliefing a story.

elsinorelore · 06-22-2009, 07:53 PM

POINT!!! meaning; yeah, right on!!! You are right there, so whats the deal???

Unified Serenity · 06-22-2009, 08:02 PM

Quote:

Originally Posted by mu2143

Yeah Right if the dollar was back to the gold standard then one of the two things should have happend

The prices of products in the store should have dropped back to when the last time the dollar was on the gold standard or your income should have gone up.

If none of those happend then it is just another lie.

What was the price of a house before the Fed was created ????
Ask the right questions instead of beliefing a story.

That is what SHOULD have happened, but if things were done in secret for the rest of the world, and we are stuck with 08 dollars and the banks have secretly gathered up pre-08 dollars then we are sitting with the **** money and paying for the rest of the world to have "real" money. I am not saying this story is true, but what makes you think we in America will get any breaks?

Machinamentum · 06-22-2009, 08:03 PM

That's got to be BS.

Money is created out of debt. How can that be backed by gold?

Everytime you swipe your credit card your creating money. When you sign a loan for a mortgage, you create money. That ability doesn't apply to the physical, like gold. Money (fiat) is a bookkeeping entry.

Christo888 · 06-23-2009, 02:54 AM

Quote:

Originally Posted by Machinamentum

That's got to be BS.

Money is created out of debt. How can that be backed by gold?

Everytime you swipe your credit card your creating money. When you sign a loan for a mortgage, you create money. That ability doesn't apply to the physical, like gold. Money (fiat) is a bookkeeping entry.

Awesome... thanks for the simplicity.

So could we essentially UCC ourselves out of the system yet continue to create money with credit cards and loan documents so as to eventually turn the system back onto the inventors so they go bankrupt?

Seriously could we actually do that????

We could create our own exchange system amongst ourselves then!

Anchor · 06-23-2009, 04:29 AM

Etymology

For verb: < Latin creditus, pp. of credere (“‘to believe, trust, confide’”)

For noun: < French crédit < Latin creditum (“‘a loan, credit’”), neut. of creditus, pp. of credere (“‘to believe’”); the other noun senses are directly from the verb.

Basically unless people believe it, its isnt "worth" anything.

Funny how that works isnt it.

Its all a huge game.

For the OP, I don't think we are even close to being on the gold standard

I dont have a handle on what the point of that blog entry is yet though.

A..

06-22-2009, 06:19 PM	#1
Adarajones Avalon Senior Member Join Date: Sep 2008 Location: Third Planet of our solar system Posts: 104	The US dollar is now back on the gold standard Hey I apologize if this is already posted!! Source: http://www.benjaminfulford.typepad.com/benjaminfulford/ The US dollar is now back on the gold standard but Federal Reserve dollars are not Large amounts of gold once stored in South-East Asia have been shipped around the world to provide physical backing for US dollars, meaning the dollar has been secretly put back on the gold standard. However, all dollars created by the Federal Reserve Board since September 2008 are not being accepted outside of the United States. This means the banking families that own the BIS have made a deal with the secret society. However, there are now 1 billion people going hungry world-wide and if something is not done about that situation ASAP, then heads will start to roll regardless of Basel 3 and the gold-backed currencies.

06-22-2009, 06:35 PM	#2
elsinorelore Avalon Senior Member Join Date: Oct 2008 Location: Switzerland Posts: 209	Re: The US dollar is now back on the gold standard Wo!!! Thanks for the info!!!

06-22-2009, 07:46 PM	#3
mu2143 Avalon Senior Member Join Date: Sep 2008 Location: Holland,Netherlands Posts: 470	Re: The US dollar is now back on the gold standard Yeah Right if the dollar was back to the gold standard then one of the two things should have happend The prices of products in the store should have dropped back to when the last time the dollar was on the gold standard or your income should have gone up. If none of those happend then it is just another lie. What was the price of a house before the Fed was created ???? Ask the right questions instead of beliefing a story.

06-22-2009, 07:53 PM	#4
elsinorelore Avalon Senior Member Join Date: Oct 2008 Location: Switzerland Posts: 209	Re: The US dollar is now back on the gold standard POINT!!! meaning; yeah, right on!!! You are right there, so whats the deal???

06-22-2009, 08:03 PM	#6
Machinamentum Avalon Senior Member Join Date: Sep 2008 Location: Colorado Springs Posts: 413	Re: The US dollar is now back on the gold standard That's got to be BS. Money is created out of debt. How can that be backed by gold? Everytime you swipe your credit card your creating money. When you sign a loan for a mortgage, you create money. That ability doesn't apply to the physical, like gold. Money (fiat) is a bookkeeping entry.

06-23-2009, 04:29 AM	#8
Anchor Avalon Senior Member Join Date: Sep 2008 Location: Sydney, NSW, Australia Posts: 2,280	Re: The US dollar is now back on the gold standard Etymology For verb: < Latin creditus, pp. of credere (“‘to believe, trust, confide’”) For noun: < French crédit < Latin creditum (“‘a loan, credit’”), neut. of creditus, pp. of credere (“‘to believe’”); the other noun senses are directly from the verb. Basically unless people believe it, its isnt "worth" anything. Funny how that works isnt it. Its all a huge game. For the OP, I don't think we are even close to being on the gold standard I dont have a handle on what the point of that blog entry is yet though. A..