We will never see Circulating Gold Coins again...
Everyone seems to want to go back on a Gold Standard...
Will you or anyone else be willing to turn in a One Dollar Gold Coin for Four Quarter Dollars...???
No... You're going to want more than Four Quarter Dollars for your One Dollar Gold Coin...
I like Gold as much as the next guy, but the only thing about a Gold Money that doesn't fluctuate, is its Weight...
A Medium of Exchange needs to Circulate...
Since the price of Gold is constantly changing, it would make it very complicated to do business with Gold...
The Price of Gold changes by the Second...
At least with Common U.S. Coinage, a Hundred Cents will always be One Dollar...
Can you imagine the Nightmare of paying your monthly Mortgage Payment in Gold...???
Exactly how much Physical Gold would you send each Month...???
Would you want to keep your Physical Gold in the Bank to back your Debit Card Purchases...???
How much Physical Gold do you see, being passed around from Person to Merchant when a Trade is Made...???
When was the last time you Spent a Gold Coin...???
If we were in a Gold Standard, with the Value of Gold constantly changing, what would you use to Measure its Value with...???
Think about that for a while...
Yes... I have one of these 1849 Gold Dollars...
No... I won't cash it in for Four Quarter Dollars...
Weights and measures will definitively have to be taken into account during the reset. Inflation since 1849 and the loss of 97% of the dollar value since the creation of the Federal Reserve in 1913 will have to figure into this theory. Any thoughts?
I hear different figures about the percentage of Buying Power lost since the Federal Reserve Act... I tend to think we're at 99%... Article 1, Section 8 mentions Congress being about to "regulate" the Value of our Coined Money and also being able to "fix" the Standard of Weights and Measures... Even Foreign Coins are mentioned, but I'm only paying attention to our own U.S. Coinage and how it seems to be our only hope in solving our Debt Worries... All the Financial Guru's say it can't be done, but I say it can... Plus the Creation of a new Trade Dollar will end up being the Currency of Choice, over the Petro or Gold Backed Yuan... I've been saying for a while now, that the United States, Russia, China and even North Korea have joined forces to fight a Common Enemy... The Central Banksters...
I only question I have about the US Trade Dollar, is China may have 40 tons of .999 Gold, and Russia may have 10 tons, and the USSA has re-hypothetical their 8.1 tons to zero. So which country will be the currency of choice???? That is the question?
All the World Currencies will be able to Purchase Gold, Silver and a Million other Items... In my Opinion, The U.S. Trade Dollar will represent a Currency that Defeated the Central Bank Owners "Debt Notes"... They will Represent a Currency that the United States created to preserve the Purchasing Power of all those who held onto and used Federal Reserve Notes... Of all the World Currencies, the U.S. Trade Dollar will become highly respected as the Trade Unit of Free Choice... What good would it be to have all the Gold in the World and not be able to Trade some of it in for some U.S. Trade Dollars, when the need occurs ...??? Think of all the Trade Dollars, China and Russia will be able to buy with their Gold... One ounce of their Gold, might get them anywhere between 20 and 100 U.S. Trade Dollars... And yes, it sounds crazy to me too... At what point does Crazy become Reality...???
I think you are very correct that it would be completely impractical to try to gold back to using gold coins or even a gold backed fiat! It has proven to fail in the past so why would we try to go down that road again! Times have changed, commerce has changed, we are a global society connected in real time and we need an economic system that supports the way the world does business today! I will buy gold all day long for a store of value, but as a currency I think it's day has come and gone!
The same thing goes with Hyper-Inflation... I see the opposite happening... We see where Hyper-inflation get us... Thanks for commenting...
Excellent point about the price changing constantly! The gold bugs like Sinclair, Holter, and others are good people- but they do not offer a solution to our economic problems. Your Pocket Change Theory is the solution!
I agree with you... For years, I watched and listened to all the Financial Guru's, along with everything I could find on YouTube, dealing with Silver, Gold, the Crash of the Dollar, the Banksters, the Stock Market and so much more... Jim Willie is one of my Favorites, and he comes close... But what they say to me, is the old way of thinking... We've had so many lies drummed into our heads over the years by Paid Employees of the Central Banking System Owners... It's little wonder the Truth is so hard to see... We have people tossing their Coinage on the Ground... They've lost all Respect for our ONE ACE in the HOLE...
We the People started to wake up, including our POTUS... The Solution to saving our Monetary System is within reach... I figure if it's that Obvious to me, it must be Obvious to our POTUS and his Team... Our Team... I know there's a Battle going on right now... There is a Plan that's mentioned Daily by Q... I can't see into the Future, but I can sure see a Solution... I know how to Make America and it's Coinage Great Again... That's my story, and I'm sticking to it...
I love your Theory! It will solve so many problems in one simple act! Plus what better way to return those debt based dollars to the true owners!
Did you see the news where someone vandalized Jackson's tomb? Horrible people.
I rarely watch any News on TV... I'm sure the Central Bank Owners will always hate Andrew Jackson... I'm sure "they" played a part in putting his Portrait on "their" $20 Bills to Mock his effort to Destroy them... We need to go to Battle with the Central Bank Owners once again, and give them the BOOT...
Russia booted out the central bankers, we can do the same- turn the tables with your Theory.
I've been saying for quite some time now, that (in my opinion) the United States, Russia, China, North Korea and many other Countries have all joined forces to fight a Common Enemy... The Central Bank Owners... I highly Respect Russia and Putin for the Courage it took to Stand Up against the Central Bank Owners and all their Bought and Paid for Puppets...
nobody in his right senses will turn in a gold or silver dollar for a four quarter dollars.not worth it.
Actually, people are doing it now with Dollars... The Dollars that we're currently using, have the same Buying Power that our Pennies once had... If you're paying say, 20 Dollars for an Ounce of Silver now, it's equal to paying only 20 Cents for an Ounce of Silver, back when a Penny had the Buying Power of our Current Dollar... So, in my opinion, 20 Cents "aka" 20 Dollars for an ounce of Silver, tells me that the Price of Silver is being Manipulated "Big Time" right now, and is very under valued... The 20 Dollar Price of Silver right now, (including Premiums) should be a Minimum of 100 Dollars... After the Reset, is should revert back to One Dollar in U.S. Coinage, plus any Premiums involved...
Most stuff is constantly changing in price to some degree just not the denominations you use to pay. like the cost of living or cost of production, even crypto's fluctuate and it's only at the point of the exchange is the value determined of the exchange. For the convenience, we pay a cut to them for providing the service hence debt. I wanna change to euros it get changed to dollars without me knowing than to euros from pounds at the rate set by the market why would a gold standard be any different. One it would cut out the middleman. theres no actual perfect solution. The us dollar the uk pound tand the euro they all the same in a way to charge a transaction fee. One way or another no service is provided for free. then who actually provides it.. like now the dolllar being the resesrve currency. wouldn't need to be anymore but problems bigger than that it's the whole system and who sets the value of the goods and the medium the same elite few. till thats fixed nothing will be fixed IMO.
Gold is Money, along with all the other Currencies in the World... All can be Exchanged for one another... Yes, there will be the Exchange Booths all over the World, and yes, they will want to make Money in the Exchange.. What I want to do is to stop paying the Central Banks interest on they Currency they provide for our use...
Indeed I do get that. who really wants to carry coins about or even notes these days most pay electronically with a card or even on the phone. I do believe this is what they want the CBS where they provide it, but don't have to print it or circulate it. Can control every transaction in or out of the system and is not to far from where we are now really. bad for us regardless of the medium. one can easily be cut off from the system. Look in China right now with facial rec they giving ppl behaviour points and restricting things based on that. like no air travel for minor things. what if you real bad and write a post like this. no food no house no nothing. dangerous times I do believe over next 12 years we gonna see crazy stuff with mass job losses to robots and no drivers needed or allowed either. for our own good so no one can drive without a license or use a car as a weapon. when it will be to restrict our movements.
The reasons you listed above, are a pretty good reasons to use Physical U.S. Coinage, along with a new Trade Dollar... You'll still be able to Deposit U.S. Coinage and Trade Dollars in the Bank and use Credit, Debit Cards, Smart Phones or Buy Crypto's... I personally like having the Option of Paying Cash... A dollar in pocket Change after the Reset will be similar to carrying a Hundred Dollars in your wallet today... It could be a One Dollar Coin... Some places today will not accept any Bills over a Twenty... Weather anyone accepts One Dollar Coins after the Reset, is yet to be determined... Remember... If you were earning 25 Dollars per hour before the Reset, you'll be earning 25 Cents per hour, after the Reset... So, that Quarter Dollar will have a lot of Purchasing Power after the Reset...
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