GO FOR THE GOLD

The Olympics are in full swing, participants are reaching new heights with the expectation of bringing home the gold; if not gold silver waits in the wings. The real action is not in Rio, but in the gold pits of London and Chicago.  Gold medals are actually made of silver and gold plated with 6 grams of pure gold out of a total weight of 500 grams. The last time the medal was 100% gold was in 1912.

Effectively the medal is a counterfeit. But nothing is new here, the United States has been printing fiat money for years. However, the world is catching on with this ruse; in the not too distant future the Ponzi scheme will be over. Gold will again rule the roost, paper currency will only be worth the paper it is printed on. In case Americans have noticed the price of gold and silver has soared during the past year reminding us of a pole vaulter whose pole sprung him/her over the bar in whip like fashion to take the gold.

Throughout history gold has been the medium of exchange; the store of value. Paper money displaced gold early in the 17th century; first used in Massachusetts then by the states during the Civil War. The banking industry’s genesis was initiated early on by warehouses which issued a receipt – thus a warehouse receipt– entitling the holder to redeem the receipt for the said amount of gold as defined in the receipt. As the industry blossomed it became apparent that the holders of receipts very rarely requested the physical gold; they only transferred the receipts. Thus the warehouses evolved into lenders realizing that a call for 100 percent of the gold at any one time was not a probability.

The 18th through the 21st century became the glory days of gold. Banks became behemoths lending more gold than they had in inventory. When a run on a bank occurred, which it ultimately did, culminating in bankruptcy and ruin. As the United States entered the 20th century as the world’s big money player the world treated the dollar as if it was good as gold.

This was true up until 1971.  Not dismissing the illegal taking of individuals gold by FDR back in 1933 (see executive order 6102).  The world was on the path of becoming a dynamic and risky adventure from 1971 on; the dollar was no longer convertible to gold, the dream of El Dorado became a reality by inventing paper gold on a scale never seen before. The physical gold window had closed, the dollar pyramid scheme began.  Hence the printing of paper money on a scale never seen before. Economies were on financial cocaine, a euphoria that is still manifested by governments gone wild. More printing enabled the exalted to exert control of economies, countries and world politics. But good times don’t last forever.

Entering the 21st century has proved that the dollar panacea has a long reach, but things can changes in a quant moment. Across the globe one country after another has defaulted; Greece and Argentina head the list. Is it possible that the United States is next?  A probability that cannot be counted out. What brings us to that conclusion is the loss of faith in the United States. We are no longer control world events – Obama saw to it.

Future obligations are the tail wagging the dog and that is about to become the albatross under our neck for the next two decades. Obligations are coming due. And the question remains, who will be responsible to pay them. for sure you can’t count on today’s youth to hand over their hard earned cash.   17 Trillion and counting is a gargantua number, that is just debt, counting social security, medicate obligations and interest on the debt we are looking at a google type number closer to 100 trillion. $100,000,000,0000,0000.

Another relevant question to ask a politician of the goldbrick variety is:  Will we ever be able to pay back the money we owe?   Don’t expect a straight answer.  The next question is, Will gold provide a solution to political largesse?

246 thoughts on “GO FOR THE GOLD”

  1. My wife and i got quite excited when Edward managed to deal with his investigations from the precious recommendations he had when using the web site. It is now and again perplexing to simply choose to be giving out secrets and techniques which usually most people have been making money from. And we realize we’ve got the website owner to appreciate for that. All of the explanations you made, the simple web site navigation, the friendships you can make it easier to instill – it’s got all awesome, and it’s leading our son in addition to the family know that the theme is satisfying, and that is exceedingly fundamental. Many thanks for all! visit my site here – alternative medicine institute

    https://michael42838.ka-blogs.com/60552221/the-best-side-of-best-lint-rollers

  2. 532074 858928For anyone among the lucky peoples, referring purchase certain products, and in addition you charm all of the envy of all the the many any other folks about you that tend to have effort as such make a difference. motor movers 623955

  3. Howdy! Do you know if they make any plugins to help with SEO?
    I’m trying to get my blog to rank for some targeted keywords but I’m not seeing very good results.
    If you know of any please share. Kudos!

  4. I’m amazed, I must say. Rarely do I come across a blog
    that’s both educative and amusing, and let me tell you, you’ve hit the nail on the
    head. The problem is an issue that too few men and women are speaking intelligently about.
    I’m very happy that I found this in my search for something concerning this.

  5. whoah this weblog is great i love studying your posts.

    Stay up the great work! You recognize, many persons are looking around for this info, you can aid them greatly.

  6. I’ll right away snatch your rss as I can’t to find
    your email subscription link or e-newsletter service. Do you have
    any? Please let me realize so that I may subscribe. Thanks.

  7. When someone writes an paragraph he/she maintains the plan of a user in his/her mind that how a user can know
    it. Thus that’s why this piece of writing is great.
    Thanks!

  8. I got this web site from my friend who shared with me concerning this web page and now this time I am browsing this site and reading very informative content at this time.

  9. This is really attention-grabbing, You’re an excessively
    skilled blogger. I have joined your rss feed and look ahead to in search of extra of your wonderful post.
    Additionally, I’ve shared your website in my social networks

  10. Fantastic post but I was wondering if you could write a litte more
    on this subject? I’d be very grateful if you could elaborate a little bit more.
    Many thanks!

  11. I’ve learn a few just right stuff here. Definitely worth bookmarking for revisiting.
    I wonder how a lot effort you set to make this kind
    of fantastic informative site.

  12. Does your blog have a contact page? I’m having trouble locating
    it but, I’d like to send you an e-mail. I’ve got some suggestions for your blog you might be
    interested in hearing. Either way, great blog and I look forward to seeing it expand over time.

  13. whoah this weblog is magnificent i love studying your posts.
    Stay up the good work! You already know, lots of individuals are looking
    round for this information, you could aid them greatly.

  14. Fantastic blog you have here but I was curious if you knew of any discussion boards that cover the same
    topics talked about in this article? I’d really like to
    be a part of online community where I can get feedback from other experienced individuals that share the same interest.
    If you have any suggestions, please let me know.
    Thanks!

  15. Heya are using WordPress for your site platform?
    I’m new to the blog world but I’m trying to get started and create my own. Do you need any html coding expertise to make your own blog?
    Any help would be greatly appreciated!

  16. I know this if off topic but I’m looking into starting my
    own weblog and was wondering what all is needed to get setup?
    I’m assuming having a blog like yours would cost a pretty penny?
    I’m not very internet savvy so I’m not 100% positive. Any suggestions or advice would be greatly appreciated.
    Many thanks

  17. Hi! Do you know if they make any plugins
    to safeguard against hackers? I’m kinda paranoid about losing everything I’ve worked
    hard on. Any suggestions?

  18. Excellent post. I used to be checking continuously this blog
    and I’m inspired! Extremely useful info specially the closing phase :
    ) I take care of such information a lot. I was looking for
    this particular info for a long time. Thank you and good luck.

  19. You really make it seem so easy with your presentation but I find this topic to be
    actually something that I think I would never understand. It seems too complicated and extremely broad for me.

    I’m looking forward for your next post, I’ll try to get the hang of it!

  20. Asking questions are actually fastidious thing if you are not
    understanding anything totally, except this article gives fastidious understanding yet.

  21. Hello there! Quick question that’s totally off topic.

    Do you know how to make your site mobile friendly?
    My blog looks weird when browsing from my iphone
    4. I’m trying to find a theme or plugin that might be able to correct
    this issue. If you have any recommendations, please share.

    Thanks!

  22. I must thank you for the efforts you’ve put in writing this blog.
    I am hoping to check out the same high-grade blog posts by you in the future as well.

    In truth, your creative writing abilities has
    encouraged me to get my own, personal blog now 😉

  23. Attractive section of content. I just stumbled upon your weblog and in accession capital to claim that I
    acquire in fact enjoyed account your blog posts. Anyway I’ll be subscribing on your
    feeds or even I achievement you get admission to persistently
    quickly.

  24. Undeniably believe that which you said. Your favorite reason seemed to be on the web
    the simplest thing to be aware of. I say to you, I definitely get irked while people consider
    worries that they plainly do not know about. You managed to hit the nail upon the top and defined out the whole thing
    without having side effect , people could take a signal.
    Will likely be back to get more. Thanks

  25. Hello, Neat post. There’s a problem with your site in web explorer, might check this?
    IE nonetheless is the market leader and a large element of people
    will leave out your wonderful writing due to this problem.

  26. With havin so much written content do you ever
    run into any problems of plagorism or copyright infringement?
    My site has a lot of exclusive content I’ve either created myself or outsourced but it
    seems a lot of it is popping it up all over the web without my permission. Do you know any solutions to help reduce content from being stolen? I’d really appreciate it.

  27. I have been exploring for a little bit for any high-quality articles
    or blog posts in this kind of house . Exploring in Yahoo I finally stumbled upon this website.
    Studying this information So i’m happy to exhibit
    that I’ve an incredibly just right uncanny feeling I came upon exactly
    what I needed. I so much no doubt will make certain to do not disregard this site and give it a glance on a constant basis.

  28. It is appropriate time to make a few plans for the longer term and it is time to
    be happy. I have learn this put up and if I may I wish
    to recommend you some fascinating issues or tips.
    Perhaps you can write subsequent articles regarding this article.
    I desire to learn more issues approximately it!

  29. I am sure this piece of writing has touched all the internet users, its really really good
    piece of writing on building up new web site.

  30. I’m impressed, I must say. Seldom do I come across a blog that’s
    both educative and amusing, and let me tell you, you’ve hit
    the nail on the head. The problem is something not enough men and women are speaking intelligently about.

    Now i’m very happy I found this during my hunt for something concerning this.

  31. Do you have a spam issue on this site; I also am a blogger,
    and I was wondering your situation; many of us have
    created some nice procedures and we are looking to swap strategies with others, why not shoot me
    an email if interested.

  32. Good day! I know this is somewhat off topic but I was wondering which blog platform are you using for this website?
    I’m getting tired of WordPress because I’ve had problems with hackers and
    I’m looking at options for another platform.

    I would be great if you could point me in the direction of
    a good platform.

  33. First off I want to say awesome blog! I had a quick question which
    I’d like to ask if you don’t mind. I was interested to know how you center
    yourself and clear your mind prior to writing.
    I have had a difficult time clearing my mind in getting my thoughts out there.

    I do enjoy writing however it just seems like the first 10 to 15 minutes are wasted simply just trying to figure out how to begin. Any recommendations or hints?

    Thank you!

  34. Pretty section of content. I simply stumbled upon your website and in accession capital
    to say that I acquire actually enjoyed account your weblog posts.
    Any way I will be subscribing to your feeds and even I achievement you
    get entry to constantly rapidly.

  35. Hi there, just became aware of your blog through Google,
    and found that it is truly informative. I am gonna watch out for brussels.
    I will be grateful if you continue this in future. A lot
    of people will be benefited from your writing.
    Cheers!

  36. I am extremely impressed with your writing skills and also with the layout on your
    weblog. Is this a paid theme or did you customize it yourself?
    Either way keep up the excellent quality writing, it’s rare to see a
    nice blog like this one today.

  37. Hey! I know this is kinda off topic however I’d figured
    I’d ask. Would you be interested in trading links or maybe guest writing a
    blog article or vice-versa? My website goes over a lot of the same subjects as yours and I
    think we could greatly benefit from each other.
    If you might be interested feel free to shoot me an e-mail.

    I look forward to hearing from you! Great blog by the way!

  38. Hi, i read your blog from time to time and i own a similar one and i was just wondering if you get
    a lot of spam feedback? If so how do you protect against it, any plugin or anything you can recommend?
    I get so much lately it’s driving me mad so any assistance
    is very much appreciated.

  39. I have been exploring for a little bit for any high-quality
    articles or blog posts on this kind of house .
    Exploring in Yahoo I at last stumbled upon this website.
    Reading this info So i’m happy to express that I have a
    very excellent uncanny feeling I discovered just what I needed.
    I such a lot definitely will make certain to don?t forget this web site and give it a
    glance regularly.

  40. I was pretty pleased to uncover this website. I need to to thank you for ones time for this fantastic read!!
    I definitely appreciated every part of it and I have you saved as a favorite
    to see new stuff on your site.

  41. hey there and thank you for your info – I’ve certainly picked up something new
    from right here. I did however expertise some technical points using this web site,
    since I experienced to reload the site a lot of times previous to I could get it to load properly.
    I had been wondering if your hosting is OK?
    Not that I am complaining, but slow loading instances times will very frequently affect your placement in google and could damage your quality score if advertising and marketing with Adwords.
    Well I am adding this RSS to my email and could look out for a lot more of your respective interesting content.

    Ensure that you update this again very soon.

  42. Hello there, I found your blog by the use of Google whilst searching for a comparable matter, your website came up, it seems great.
    I’ve bookmarked it in my google bookmarks.
    Hi there, just turned into aware of your blog thru Google,
    and located that it is truly informative. I’m going to be careful for
    brussels. I will be grateful when you continue this in future.
    Numerous people will probably be benefited out of your writing.
    Cheers!

  43. I’ve been surfing online more than three hours today, yet I never found any interesting article like yours.
    It’s pretty worth enough for me. Personally, if all webmasters and bloggers made
    good content as you did, the internet will be a lot more useful than ever before.

  44. I know this website offers quality based articles or reviews and other material, is there any other web page which provides these things in quality?

  45. Wonderful items from you, man. I’ve take into accout your stuff previous to and you’re
    just extremely fantastic. I really like what you have got right here, certainly like what you’re
    stating and the best way during which you are saying it.
    You are making it entertaining and you still care for to keep it wise.
    I can’t wait to read much more from you. This is
    really a terrific site.

  46. Cool blog! Is your theme custom made or did you download it from somewhere?
    A design like yours with a few simple tweeks would really make my blog shine.

    Please let me know where you got your theme. Thank you

  47. An outstanding share! I’ve just forwarded this onto a colleague who
    was conducting a little homework on this.
    And he in fact bought me dinner because I stumbled upon it for
    him… lol. So let me reword this…. Thanks for the meal!!
    But yeah, thanks for spending some time to discuss this topic
    here on your internet site.

  48. Excellent blog right here! Additionally your website quite a bit up fast!
    What host are you the use of? Can I am getting your
    affiliate hyperlink in your host? I desire my site loaded up as quickly as yours lol

  49. Great blog here! Additionally your web site
    so much up very fast! What host are you using? Can I get your affiliate link
    to your host? I desire my web site loaded up as fast
    as yours lol

  50. You’re so cool! I don’t think I’ve read through something like that before.

    So great to find another person with a few genuine thoughts on this issue.
    Really.. thanks for starting this up. This web site is something that is needed on the
    web, someone with a bit of originality!

  51. After I initially left a comment I seem to have clicked
    the -Notify me when new comments are added- checkbox and from now on whenever a comment is
    added I get 4 emails with the same comment. There has to be an easy method you can remove me from that
    service? Appreciate it!

  52. I wanted to thank you for this great read!! I
    absolutely loved every little bit of it. I have got you bookmarked to check out new things you post…

  53. Heya i’m for the primary time here. I came across this board and
    I find It really helpful & it helped me out a lot.
    I’m hoping to present one thing again and aid others like you helped me.

  54. Great post however I was wanting to know if you could write a litte more on this
    topic? I’d be very grateful if you could elaborate a little bit
    further. Appreciate it!

  55. I’ve been browsing online more than 4 hours today, yet I
    never found any interesting article like yours.
    It’s pretty worth enough for me. In my view, if all
    site owners and bloggers made good content as you did, the internet will be much more useful than ever before.

  56. Good day! Do you use Twitter? I’d like to follow you
    if that would be okay. I’m undoubtedly enjoying your blog and look forward to new posts.

  57. Hi are using WordPress for your blog platform? I’m new to the blog
    world but I’m trying to get started and create my own. Do you require any
    coding expertise to make your own blog? Any help would be really appreciated!

  58. Hi there! I simply want to give you a huge thumbs up
    for the excellent info you have got here on this post. I am returning to
    your blog for more soon.

  59. Having read this I thought it was very enlightening.
    I appreciate you finding the time and energy to put this informative article together.
    I once again find myself spending a significant amount of time both reading
    and leaving comments. But so what, it was still worthwhile!

  60. With havin so much content do you ever run into any problems of plagorism or copyright
    violation? My blog has a lot of exclusive content I’ve either written myself or outsourced but
    it looks like a lot of it is popping it up all over the internet without my authorization. Do you know any ways to help reduce content from being ripped off?

    I’d really appreciate it.

  61. Have you ever considered about including a little bit more than just your articles?
    I mean, what you say is fundamental and everything. But
    just imagine if you added some great photos or video clips to give your
    posts more, “pop”! Your content is excellent but with images and video
    clips, this site could certainly be one of the most beneficial in its niche.
    Great blog!

  62. Hello! I know this is sort of off-topic but I
    needed to ask. Does running a well-established blog such as yours
    take a large amount of work? I am completely new to
    blogging but I do write in my diary daily.
    I’d like to start a blog so I can easily share my own experience and feelings online.

    Please let me know if you have any suggestions or tips for new aspiring bloggers.
    Thankyou!

  63. Your style is unique in comparison to other people I have read stuff
    from. Thanks for posting when you have the opportunity, Guess I will just
    book mark this site.

  64. I have been browsing on-line more than three hours these days, but I by
    no means found any fascinating article like yours.
    It’s lovely price sufficient for me. In my view, if all web owners and bloggers made excellent content
    as you did, the internet might be much more helpful than ever before.

  65. Excellent goods from you, man. I’ve understand your stuff previous
    to and you’re just extremely fantastic. I really like what you’ve acquired
    here, certainly like what you are saying and the
    way in which you say it. You make it enjoyable and you still
    care for to keep it smart. I cant wait to read much more from you.

    This is actually a tremendous website.

  66. Thank you for the auspicious writeup. It in reality was once a amusement account it.
    Glance complex to more delivered agreeable from you!

    By the way, how can we keep up a correspondence?

  67. Link exchange is nothing else except it is only placing the other person’s webpage link on your page at
    proper place and other person will also do same in favor of you.

  68. Wow, marvelous weblog format! How long have you ever been blogging for?
    you made running a blog look easy. The entire look of your
    site is excellent, let alone the content!

  69. Hi there, I discovered your blog by means of Google while looking for
    a comparable subject, your web site came up, it appears to be like great.

    I have bookmarked it in my google bookmarks.
    Hi there, just became alert to your blog thru Google, and located that it’s really informative.
    I am gonna be careful for brussels. I’ll be grateful for those who proceed this in future.
    Many people will probably be benefited from your writing.
    Cheers!

  70. You’re so interesting! I don’t believe I’ve read something like this before.
    So nice to discover another person with a few unique thoughts on this
    issue. Seriously.. thank you for starting this up. This web site
    is something that’s needed on the internet, someone with a bit of originality!

  71. The other day, while I was at work, my sister stole my iphone and tested to see if it can survive a thirty
    foot drop, just so she can be a youtube sensation.
    My iPad is now destroyed and she has 83 views. I know this is completely off topic but I had to share it with someone!

  72. I constantly emailed this web site post page to all my associates, as if like
    to read it afterward my contacts will too.

  73. Heya i am for the primary time here. I came across
    this board and I find It really useful & it helped me out
    much. I’m hoping to give one thing back and help others such as you aided me.

  74. Thanks for any other informative blog. The place
    else may I get that type of information written in such an ideal method?
    I have a venture that I’m just now running on, and I have been on the look out for such info.

  75. Heya i’m for the primary time here. I came across this board and I to
    find It really useful & it helped me out a lot.

    I’m hoping to present one thing back and help others
    such as you helped me.

  76. Howdy! This article couldn’t be written much better! Going through this
    post reminds me of my previous roommate! He always kept
    preaching about this. I most certainly will forward this information to him.
    Fairly certain he’s going to have a great read.
    Thank you for sharing!

  77. Hi there, just became alert to your blog through Google, and found
    that it’s really informative. I’m going to watch out for brussels.
    I’ll be grateful if you continue this in future.
    Many people will be benefited from your writing. Cheers!

  78. My brother suggested I might like this web site. He used to be
    totally right. This publish truly made my day.

    You cann’t believe just how much time I had spent for this
    info! Thank you!

  79. We’re a bunch of volunteers and starting a brand new scheme in our community.
    Your website offered us with helpful information to work on. You have performed a formidable process and our entire neighborhood shall be grateful to
    you.

  80. Wonderful blog! I found it while browsing on Yahoo
    News. Do you have any suggestions on how to get listed in Yahoo News?
    I’ve been trying for a while but I never seem to get there!
    Thank you

  81. An impressive share! I have just forwarded this onto a friend who had been doing a little research on this.
    And he in fact ordered me lunch because I found it for him…
    lol. So allow me to reword this…. Thanks for the meal!!
    But yeah, thanks for spending some time to talk about this matter here on your web site.

  82. Its such as you learn my mind! You appear to understand a lot about this, such as you wrote the guide in it or something.
    I think that you simply could do with a few percent to drive the message home a little bit, however other than that, this is great blog.
    A fantastic read. I’ll definitely be back.

  83. Because the admin of this site is working, no uncertainty very shortly it will be well-known, due
    to its quality contents.

  84. Good post. I learn something new and challenging on blogs I stumbleupon every day.
    It’s always exciting to read through content from other authors and practice something
    from other web sites.

  85. Can I simply just say what a relief to uncover somebody who really knows what they’re talking about on the
    net. You actually understand how to bring a problem to
    light and make it important. A lot more people should read this and understand this side of your story.
    I was surprised you’re not more popular given that you most certainly possess the gift.

  86. Right away I am ready to do my breakfast, later than having my breakfast coming yet again to
    read more news.

  87. Fine way of describing, and fastidious piece of writing to get data about
    my presentation subject, which i am going to present in institution of higher education.

  88. Hey there! I know this is kind of off topic but I was wondering if you knew
    where I could find a captcha plugin for my comment form?
    I’m using the same blog platform as yours and I’m having
    trouble finding one? Thanks a lot!

  89. My relatives every time say that I am wasting my time here at web, however I
    know I am getting knowledge everyday by reading such pleasant posts.

  90. Howdy! This is my first visit to your blog!
    We are a collection of volunteers and starting a new project
    in a community in the same niche. Your blog provided us useful information to work on. You have done a wonderful job!

  91. Hi, i think that i saw you visited my web site so i came to “return the favor”.I am attempting to find
    things to improve my site!I suppose its ok to use a few of your ideas!!

  92. If some one wishes expert view concerning blogging and site-building then i suggest him/her to pay a quick visit this
    blog, Keep up the good work.

  93. With havin so much written content do you ever run into any issues of plagorism or
    copyright violation? My blog has a lot of exclusive content I’ve either authored myself or outsourced but it seems
    a lot of it is popping it up all over the web without my agreement.
    Do you know any solutions to help stop content from being stolen? I’d genuinely
    appreciate it.

  94. I have read so many articles concerning the blogger lovers but
    this paragraph is truly a pleasant paragraph, keep it up.

  95. I’ll right away snatch your rss as I can’t in finding your email subscription link or e-newsletter
    service. Do you’ve any? Please permit me know so that I may subscribe.
    Thanks.

  96. Hey! I could have sworn I’ve been to this blog before but after reading through some of the post I realized it’s new to me.
    Nonetheless, I’m definitely glad I found it and I’ll be bookmarking and checking back
    often!

  97. you’re in point of fact a excellent webmaster. The web site loading velocity
    is amazing. It seems that you are doing any distinctive
    trick. Also, The contents are masterwork. you have performed a magnificent
    activity on this topic!

  98. I seriously love your site.. Excellent colors & theme.
    Did you build this site yourself? Please reply
    back as I’m hoping to create my own personal site and would
    like to learn where you got this from or just what the theme
    is named. Many thanks!

  99. Hi, Neat post. There’s a problem together with your web site in web explorer,
    would check this? IE still is the marketplace chief and a large part of other
    people will miss your excellent writing due to this problem.

Comments are closed.