Monday, April 2, 2012

S. Carolina bill to use Gold and Silver in the future?

Are more states going to use Gold and Silver as money?  (It already is.....but)


At the end, the reporter mentions that Ben Bernanke has stated "going back to the Gold standard would not work because the US doesn't have enough Gold to cover it's debts".   What does this tell you?  In 2013, the US is going to hit the debt ceiling again and those morons in government are going to increase it and spend more.  Do the greedy bankers want more fiat to speculate in the financial markets?  Since congress is bought off by the Wall Street bankers, they can do just about anything they want.

Does an increase in money supply mean that Gold and Silver will go up?  Yes in the long term, no in the mid to short term.  They can raise the debt ceiling, produce more digital fiat and the price for the PM's CAN go DOWN......   It's a farce, but what can you say when JPM, Goldman, HSBC and the banking elite control the price mid and short term...???

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