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Post Info TOPIC: Sound Money
Tesla


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RE: Sound Money
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touche~

 

the reason why I post any of this is that I hope to help others protect themselves from further devaluation of the dollar and total collapse of it.

you can still put some away every month towards silver.

if you have any savings in the dollar, it is high risk right now that's all....

because not only will it continue to lose value it will eventually be worth next to nothing, see Zimbabwe

 



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  2star.gif   I Like this quote I dislike this quote“The gift of mental power comes from God, Divine Being, and if we concetrate our minds on that truth, we become in tune with this great power.
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Nikola Tesla
Sigma


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Tesla wrote:

http://www.stansberryresearch.com/pro/1103PSIEOAVD/LPSIM416/PR

 

 

 Funny that he'd want $44.50 in U.S. dollars, though...

Just sayin'...



-- Edited by Sigma on Wednesday 6th of April 2011 08:44:01 PM

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Science can purify religion from error and superstition. Religion can purify science from idolatry and false absolutes. Each can draw the other into a wider world. A world in which both can flourish.
Tesla


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http://www.kitco.com/reports/KitcoNews20110401DC_ron_paul.html

 

there is the champion of sound money ;)

 



__________________
  2star.gif   I Like this quote I dislike this quote“The gift of mental power comes from God, Divine Being, and if we concetrate our minds on that truth, we become in tune with this great power.
My Mother had taught me to seek all truth in the Bible.”

Nikola Tesla
Tesla


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not trying to insult merely pointing out that it's easy to keep things the same and it's hard to change.

http://www.amazon.com/Creature-Jekyll-Island-Edward-Griffin/dp/091298645X/ref=sr_1_1?ie=UTF8&qid=1302030448&sr=8-1

the above link is a great book on the history of the federal reserve,

the link below is a good history of fiat currencies and how they end.

 

http://www.stansberryresearch.com/pro/1103PSIEOAVD/LPSIM416/PR

 

Edward Griffin's book above is a must read to help one understand the control and manipulation we are under.

 

thanks

 



__________________
  2star.gif   I Like this quote I dislike this quote“The gift of mental power comes from God, Divine Being, and if we concetrate our minds on that truth, we become in tune with this great power.
My Mother had taught me to seek all truth in the Bible.”

Nikola Tesla
Sigma


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Calmly, Tesla, please.  No need for ad hominem comments on my happiness, girth, and satisfaction..  Rather than taking the opportunity to expound on your points and explain in further detail the ramifications of the Utah Sound Currency Act, I find myself treated to an out of context quote by Sam Adams.  I blame myself for not doing enough research into the legislation.  I’ve corrected that oversight, but I find I still don’t understand the hugeness of it all.

 

If I invest my dollar bills into gold coins in Utah I now don’t have to pay capital gains taxes on that investment.  In theory, I can also pay my grocery, heating, and even my car payment in gold bullion or coin. The only question, really, is how I would do that.  Seriously, I’d like to be there when the first person walks in with a gold coin and tries to pay for a Coke at the gas station.

 

I suppose my disinterest in this story is the issue of practicality.  Why would someone us an American Eagle gold coin, with a face value of $50, for purchases when the value of the gold in that coin is $1,400.  Sure, the right exists to use gold, but there is no practical way to exercise that right.  Gold bullion, in theory, can be brought in to pay for a tank of gas, but just how would a gas station accept such payment?  The state can accept a silver nugget as a tax payment, but just how exactly would that work?

 

This isn’t some currency revolution in which people will be carrying around satchels of gold coin for use in bartering goods and services.  We aren’t moving to a system where stores will require scales to ensure the proper amount of gold is found in the coin presented.  The only practical effect of this legislation is the tax status of gold and silver investments.  It will be easier for the citizens of Utah to put their dollars into a relatively stable investment such as gold and silver.  This isn’t a bad thing, but I question the move being heralded as some great liberation.  This is a big F-you to the Federal Reserve and a symbolic move towards "liberty."  Though I admit I do not recognize the tyranny from which such liberation is required.  It appears that more research is in order.

 



-- Edited by Sigma on Monday 4th of April 2011 05:33:42 PM

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Science can purify religion from error and superstition. Religion can purify science from idolatry and false absolutes. Each can draw the other into a wider world. A world in which both can flourish.
Tesla


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Hardly a game changer???

 

thats huge!!!!

for one it gives business and personal transactions the freedom to get away from federal reserve notes, secondly it takes away the ability for them to taxe those exchanges as investments.... 

it essentially eliminates the Federal reserves control over them which makes them free people and not SLAVES to private bankers...

Absolutely HUGE!!!

but sigma is happy fat and content with being a slave to the fed. 

"If ye love wealth better than liberty,
the tranquility of servitude
better than the animating contest of freedom,
go home from us in peace.
We ask not your counsels or your arms.
Crouch down and lick the hands which feed you.
May your chains set lightly upon you,
and may posterity forget that you were our countrymen."

Sam Adams

 



__________________
  2star.gif   I Like this quote I dislike this quote“The gift of mental power comes from God, Divine Being, and if we concetrate our minds on that truth, we become in tune with this great power.
My Mother had taught me to seek all truth in the Bible.”

Nikola Tesla
Sigma


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From what this CNN Money article says, it appears this is nothing more than the removal of capital gains and state from an investment transaction. It interesting, but hardly a game changer.



__________________

Science can purify religion from error and superstition. Religion can purify science from idolatry and false absolutes. Each can draw the other into a wider world. A world in which both can flourish.
Tesla


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http://www.thenewamerican.com/index.php/economy/markets-mainmenu-45/6894-gold-silver-now-legal-tender-in-utah

 

 

Good for them!!!

 

looks like we have some people with a brain left in this country after all....

 



__________________
  2star.gif   I Like this quote I dislike this quote“The gift of mental power comes from God, Divine Being, and if we concetrate our minds on that truth, we become in tune with this great power.
My Mother had taught me to seek all truth in the Bible.”

Nikola Tesla
Tesla


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http://neithercorp.us/npress/2011/03/the-return-of-precious-metals-and-sound-money/

I think this would be good for ND to get on board with as well,


I think if there is any good from this world wide economic crisis it is that people will remember hopefully what a sham a fiat currency is...

"Give me control of a nation's money and I care not who makes the laws."
- Mayer Amschel Rothschild



__________________
  2star.gif   I Like this quote I dislike this quote“The gift of mental power comes from God, Divine Being, and if we concetrate our minds on that truth, we become in tune with this great power.
My Mother had taught me to seek all truth in the Bible.”

Nikola Tesla
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