Silver will be worth more than Gold says GATA Board of Director, Adrian Douglas
Tarek Saab of Trusted Bullion this week interviewed GATA Board of Directors member Adrian Douglas (http://www.MarketForceAnalysis.com) about his research into the manipulation of the gold and silver markets.
Friday, October 22, 2010
Bob Chapman on The Alex Jones Show - Fri 10.22.2010
Alex Jones talks with intelligence officer Lt. Col. Anthony Shaffer who has says that the U.S. Defense Intelligence Agency failed to properly evaluate intelligence on supposed 9/11 hijacker Mohamed Atta. Shaffer's allegations subsequently became known as the Able Danger controversy. In September, it was reported that the Pentagon had destroyed 9,500 copies of Shaffer's book Operation Dark Heart. Shaffer currently serves as the Reserve G6 Assistant Chief of Staff, Communications and Technology of an Army Reserve division. He received his B.A. in political science and environmental studies from Wright State University in 1986. Alex also talks to regular Friday guest of the International Forecaster about the economy and other issues. Alex covers the latest news and takes your calls.
Why Gold & Silver Prices Will Continue to Explode Higher
Why gold/silver prices will explode higher in 2011 and coming years. The fraudulent nature of the global monetary system exposed. Also visit www.moveyourmoney.info
If money is not printed as debt under a true gold standard there is no need for any citizen to pay tax to pay off interest on the national debt. This is by far the largest chunk of the 33% we cut away in the example. The other portion of the 33% chunk consists of gov't transfer payments, which would be unnecessary under a gold standard. If there is no need to pay tax to pay interest to bankers on all money that is created, then people would have more money AND a steady purchasing power that they do not have under our current system. Thus, nobody would need the services provided by any transfer payments. Other "transfer" payments just consist of taxes that serve as a "wealth transfer", transferring money from citizens to the owners of the Fed Reserve that could be abolished under a true gold standard. Remember when Kennedy backed US dollars with silver? The money was printed with the words "United States Note", NOT "Federal Reserve Note". The tax we say would not exist under a gold standard actually disappeared under a real life example with these Kennedy notes (while they lasted). And as far as Soc. Security, people wouldn't need SS because their wealth would soar and SS would become obsolete. So it's a reality that there would be no need for SS under a TRUE gold standard.
the first US income tax imposed was in 1861. 3% on income above $800. In 1862, this increased to 5% on all income above $100,000. But the gov't removed income taxes completely from 1862 to 1900 there was NO income tax. When the US Federal Reserve came into existence, the top tax bracket skyrocketed from 7% to 77% in just 5 years from 1913 to 1918.
If money is not printed as debt under a true gold standard there is no need for any citizen to pay tax to pay off interest on the national debt. This is by far the largest chunk of the 33% we cut away in the example. The other portion of the 33% chunk consists of gov't transfer payments, which would be unnecessary under a gold standard. If there is no need to pay tax to pay interest to bankers on all money that is created, then people would have more money AND a steady purchasing power that they do not have under our current system. Thus, nobody would need the services provided by any transfer payments. Other "transfer" payments just consist of taxes that serve as a "wealth transfer", transferring money from citizens to the owners of the Fed Reserve that could be abolished under a true gold standard. Remember when Kennedy backed US dollars with silver? The money was printed with the words "United States Note", NOT "Federal Reserve Note". The tax we say would not exist under a gold standard actually disappeared under a real life example with these Kennedy notes (while they lasted). And as far as Soc. Security, people wouldn't need SS because their wealth would soar and SS would become obsolete. So it's a reality that there would be no need for SS under a TRUE gold standard.
the first US income tax imposed was in 1861. 3% on income above $800. In 1862, this increased to 5% on all income above $100,000. But the gov't removed income taxes completely from 1862 to 1900 there was NO income tax. When the US Federal Reserve came into existence, the top tax bracket skyrocketed from 7% to 77% in just 5 years from 1913 to 1918.
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