US Prepares For Gold Standard
-- Posted Wednesday, 18 August 2010
By Bix Weir
I have often written about the US Treasury and US Mint's very strange
behavior when it comes to their part in continuing "business as usual"
for the fiat monetary system. Although many have chalked up the Mint's
rationing of Gold and Silver American Eagle coins to normal behavior of
inept government employees and government bureaucracy, I have a much
different take on the subject. I believe they are trying to DELAY and
LIMIT the American Eagle program until such time as the US is ready to
go back on a gold and silver standard.
To understand this objective it helps to go back to a very important moment in our monetary past...
It was March of 1982 when Reagan's Gold Commission released their final
report on the "Role of Gold in the Domestic and International Monetary Systems". Although the Commission's recommendation was "no change
necessary at the moment" the report was surprisingly frank about what
the future might hold. The full report can be found here:
Gold Commission Report
What I found most interesting is the report's conclusion on page 21 which I explored in this article:
Gold Standard Implementation Update
http://www.roadtoroota.com/public/117.cfm
It is clear to me that from as far back as 1982 the US Government was
aware of the potential (or even the likelihood) of a need to return to a
Gold Standard. In 1985, Congress even went so far as to begin the
re-implementation of Gold and Silver coins into our population by
authorizing the "Bullion Coin Act of 1985". This act was following
through with the recommendation of the Gold Commission's "Minority
Report" written by our friend Ron Paul and Lewis Lehrman:
http://mises.org/books/caseforgold.pdf
Recently the BBC ran an article pointing out that the US Mint is HOARDING over
$1.1B of the new $1 coins and nobody can figure out why...
http://www.bbc.co.uk/news/world-us-canada-10783019
Is it only a coincidence that the US Treasury is also delaying the
introduction of the new $100 bills until Feb 2011 when they've been in
production for over 2 years? My take on the new US $100 bill can be
found here and the implications are staggering if I am correct:
Hidden Meaning in the New $100 Bill
http://www.roadtoroota.com/public/261.cfm
So let's add up all the information we know about the strange behavior coming out of the US monetary authorities...
1) All US Bills have been redesigned EXCEPT the US $1 Bill with all the Illuminati references on the back.
2) The US Mint is hoarding the new $1 coins to the tune of over 1 BILLION coins.
3) The New US $100 Bill is being held back and stockpiled even though it is the most counterfeited bill in the world.
4) The new US $100 Bill is full of references to gold and overthrowing our government when they gets out of hand.
5) The NEW SF Mint project was scheduled for opening in 2008 but has been delayed even though many say it's ready to go (http://www.themintproject.org/our_bold_plan/index.html).
6) The rationing of gold and silver US Eagles is completely illegal and yet the US Mint continues to ration
(http://www.roadtoroota.com/public/330.cfm)
These unique oddities in the behavior of our monetary authorities can ONLY be
understood by knowing that they are PREPARING for some event that they
KNOW is coming very soon. I believe the total and complete destruction
of our fiat monetary system is that event. Many mainstream monetary
commentators predict that the end of fiat money is inevitable but it
will take another 5-10 years to transpire. From my work on the Road to
Roota Letters this transition will not take place in a matter of
decades... but a matter of MONTHS!
We are on the brink of something the majority of people in the world are
not prepared for. The complete elimination of fiat money and a return to
a gold standard. The US Treasury and the US Mint are walking the same
fine line that the CFTC is walking as they try to slowly introduce
position limits on gold and silver COMEX contracts. Nobody wants to ROCK
THE BOAT and get blamed for the crash but all are preparing for the END
of fiat money.
It's only a matter of time.
May the Road you choose be the Right Road.
Bix Weirwww.RoadtoRoota.com
-- Posted Wednesday, 18 August 2010
By Bix Weir
 |
I have often written about the US Treasury and US Mint's very strange
behavior when it comes to their part in continuing "business as usual"
for the fiat monetary system. Although many have chalked up the Mint's
rationing of Gold and Silver American Eagle coins to normal behavior of
inept government employees and government bureaucracy, I have a much
different take on the subject. I believe they are trying to DELAY and
LIMIT the American Eagle program until such time as the US is ready to
go back on a gold and silver standard.
To understand this objective it helps to go back to a very important moment in our monetary past...
It was March of 1982 when Reagan's Gold Commission released their final
report on the "Role of Gold in the Domestic and International Monetary Systems". Although the Commission's recommendation was "no change
necessary at the moment" the report was surprisingly frank about what
the future might hold. The full report can be found here:
Gold Commission Report
What I found most interesting is the report's conclusion on page 21 which I explored in this article:
Gold Standard Implementation Update
http://www.roadtoroota.com/public/117.cfm
It is clear to me that from as far back as 1982 the US Government was
aware of the potential (or even the likelihood) of a need to return to a
Gold Standard. In 1985, Congress even went so far as to begin the
re-implementation of Gold and Silver coins into our population by
authorizing the "Bullion Coin Act of 1985". This act was following
through with the recommendation of the Gold Commission's "Minority
Report" written by our friend Ron Paul and Lewis Lehrman:
http://mises.org/books/caseforgold.pdf
Recently the BBC ran an article pointing out that the US Mint is HOARDING over
$1.1B of the new $1 coins and nobody can figure out why...
http://www.bbc.co.uk/news/world-us-canada-10783019
Is it only a coincidence that the US Treasury is also delaying the
introduction of the new $100 bills until Feb 2011 when they've been in
production for over 2 years? My take on the new US $100 bill can be
found here and the implications are staggering if I am correct:
Hidden Meaning in the New $100 Bill
http://www.roadtoroota.com/public/261.cfm
 | |
So let's add up all the information we know about the strange behavior coming out of the US monetary authorities...
1) All US Bills have been redesigned EXCEPT the US $1 Bill with all the Illuminati references on the back.
2) The US Mint is hoarding the new $1 coins to the tune of over 1 BILLION coins.
3) The New US $100 Bill is being held back and stockpiled even though it is the most counterfeited bill in the world.
4) The new US $100 Bill is full of references to gold and overthrowing our government when they gets out of hand.
5) The NEW SF Mint project was scheduled for opening in 2008 but has been delayed even though many say it's ready to go (http://www.themintproject.org/our_bold_plan/index.html).
6) The rationing of gold and silver US Eagles is completely illegal and yet the US Mint continues to ration
(http://www.roadtoroota.com/public/330.cfm)
These unique oddities in the behavior of our monetary authorities can ONLY be
understood by knowing that they are PREPARING for some event that they
KNOW is coming very soon. I believe the total and complete destruction
of our fiat monetary system is that event. Many mainstream monetary
commentators predict that the end of fiat money is inevitable but it
will take another 5-10 years to transpire. From my work on the Road to
Roota Letters this transition will not take place in a matter of
decades... but a matter of MONTHS!
We are on the brink of something the majority of people in the world are
not prepared for. The complete elimination of fiat money and a return to
a gold standard. The US Treasury and the US Mint are walking the same
fine line that the CFTC is walking as they try to slowly introduce
position limits on gold and silver COMEX contracts. Nobody wants to ROCK
THE BOAT and get blamed for the crash but all are preparing for the END
of fiat money.
It's only a matter of time.
May the Road you choose be the Right Road.
Bix Weirwww.RoadtoRoota.com