posted on Aug, 10 2011 @ 10:19 PM
Right. I've seen currency that says, "Silver Certificate." Meaning that the note was backed by Silver. Now it says, "Federal Reserve Note."
Please go to the ATS search feature and look up "Federal Reserve" and read all the posts. It's an IOU written on special paper.
You're feeling pretty low, now. Aren't you?
Yep. The greenbacks in your pocket are meaningless. Well, they mean something for as long as it suits those who stand to make 'real money.' You are
not one of those people.
The 'worth' of my property was $680,000 six years ago - ACCORDING TO THE BANK. Same bank, six years later values my property a couple of hundred
thousand lower. Purely arbitrary. That's the dollar in your pocket - its value is arbitrary. The only change was that the banks got their wrists
slapped for a bit of shenanigans.
As noted above, diamonds are kept "scarce" and their value high. Are they really scarce? Not a bit of it. There are millions of them in vaults. They
only release a certain number to give the illusion of value. Your dollar is the same. They tell you it has value, but cannot back that up with
anything other than manipulated data.
Gold is the same. It's not worth $1800 per ounce. That's just current trading.The value is based on an intangible.
Bet all your worth on the return of Christ by 2012 - or whatever the popular date is. It's the same bet. It's got no value at all. When and if the
SHTF, the gold is just yellow metal.
Trade will be in canned goods, firearms, and medical supplies. I'm not being a fatalist, bit trying to show you that wealth is based on the wealthy
manipulating the worth. You'll never be part of their club, so you should possibly invest in something meaningful. Gold is worth a lot short term,
for as long as the wealthy see it as valuable. When the price plummets (and it will), it's because someone decided that it should. If the SHTF it
will be valuable for only those who can manipulate the system correctly.