1 dinar is 4.25 gram gold, its not 1 ounce of gold that is 31.1 gram gold !
Very interesting. When this has been tried in the USA (having competing currencies in gold and silver parallel with federal reserve notes) the people doing it were arrested. That's probably because what the guy say here is true, silver and gold in the hands of the people represents freedom from government control and manipulation of the money supply.
People get arrested because of the legal tender laws, which make possible the machinations of a central bank and their printing of paper money. Without that force of law, people would choose a different medium of exchange over that which can be printed into oblivion.
Monday, May 30, 2011
Bob Chapman : Sarah Palin is obviously the anointed candidate
Bob Chapman : LibertyRoundTable - 05-30-2011
Bob Chapman : Sarah Palin is obviously the anointed candidate ...I think this episode of Dominique Strauss-Kahn was the result of several things , number one , Sarkozy who has terrible ratings in France did not want him to run at the socialist ticket for the french presidential elections , Sarkozy is a friend of America so they want him back in office , also Miss Lagarde he wanted to get rid of her , says Bob Chapman , and that's why she is the front runner to take over the IMF chairmanship ,the reasons behind it all is that the Europeans want to use an SDR or the EURO
The European Gold confiscation scheme unfold
The European Gold confiscation scheme unfold ,Let the whole banking system collapse, it's built on sand anyway.the US is next, that is why you should care. They are trying their scheme out on a small, basically defenseless country to see how it works, then they will 'grow' the program. The banks will own everything if nothing is done to stop them. They own most of the real estate in the US when you consider everyone 'borrows' to buy it and if they default, it goes back to the back, not the original owner it was sold from.
A very informative interview, we need to get Sprott, Ned and Morgan together with Max to discuss how to take over the warehouse supplies of silver...well done Max and Stacy!
The excessive printing of dollars to keep the economy from a great depression is fuelling inflation. PIMCO has lost faith in the US government and is investing in precious metals. As more people pull their heads out of the sand and stop watching X Factor on TV more of them will pile into the only real store of value - gold & silver etc.
A very informative interview, we need to get Sprott, Ned and Morgan together with Max to discuss how to take over the warehouse supplies of silver...well done Max and Stacy!
The excessive printing of dollars to keep the economy from a great depression is fuelling inflation. PIMCO has lost faith in the US government and is investing in precious metals. As more people pull their heads out of the sand and stop watching X Factor on TV more of them will pile into the only real store of value - gold & silver etc.
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