Gold as a U.S. fiat currency basically ended in the
1970s when France decided they wanted to exchange their plant based U.S.
currencies for U.S. fiat gold currency, which was set around 32 dollars an
ounce at that time. Nixon refused France, and took the U.S. off the
"gold standard" or fiat gold which was set by edict by the
government.
When I was a kid supposedly I could trade my plant based currency at any
time for metal based currency.
This is why saying China is going to a gold backed currency is laughable
and ludicrous. They would have to either have enough gold to back all the
plant based currency, or set the price of gold to practically nothing to
cover all the plant based currency.
Right now China can't set the price of gold because gold is traded as a
commodity on the NY stock exchange. The price is set by crooks.
The U.S. could make owning gold illegal again, and set the price again like
they used to do, but that price would have to be extremely low to cover all
the plant based currency.
Any way about it, gold as a fiat currency is a dangerous place to be,
because they can make it illegal to own at any time, and gold as commodity
has no real basis, as I keep pointing out.
Read this
Over and over again
http://en.m.wikipedia.org/wiki/Fiat_money
By definition there is no such thing as fiat gold.
And since there is so much paper fiat wealth, if they went back to a gold
standard, gold would go way up in price, not down.
They would never get away with making gold illegal again.
The world is too small for that now.
To do that they would have to control the whole world.
In that case they would just create a new one world currency.
They will have trouble forcing people to fight their wars.
The economy will crash again, and they will not be able
to buy their way out of it by printing money.
Their solution is war.
Someone has to pay.
They need to demonize someone through the media.
Just like they did with Iraq, and now Syria.
I must admit, they're really clever.
They're bombing Syria now.
How 'fortunate' for them that isis came along.
It's the same murderers at work that brought us 911.
Our governments are corrupt at the hightest levels.
They have an agenda to rule the world.
Under the pretext that it's the only way to avoid destroying the world.
And they don't have forever.
The planners are getting old.
They've sacrificed their own people.
They have a need to finish what they've started.
Personally I don't care about gold.
It doesn't fascinate me at all.
Neither does the stock market.
I don't care about being wealthy.
I don't wish I had the latest things.
But I don't want to be a slave
supporting a corrupt system.
500,000 dead in Iraq because of rumors?
They think it's self defence.
Wipe out the cancers in the world.
That's bs.
They don't know what they're doing.
They are going to become their own enemy, literally.
What will they say when they get to heaven?
Yes Sir, we killed millions in the pursuit of freedom.
Collateral damage.
Necessary evil.
Aren't you going to pin a medal on me?
I worked for peace and justice.
And what will God say?
'Those were my children you killed'
'I told you not to kill'
'You'd have been better off killing yourself'
