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disclaimer: Original_Intent is not a financial advisor. Past results are not necessarily future results. Please prayerfully consider before making any investment decision. Original_Intent assumes no liability for loss or harm and offers this information for educational purposes only and should not be construed as a recommendation.I'm hearing that most Americans, even in the Tea Party, don't know who the Fed is, or why we need to use silver and gold as money. This article is for them.
If you have USA paper money in your wallet, or if you have money in the bank, then you have been ripped off. Paper money in the USA used to be called "silver certificates", as recently as 1964, which was 47 years ago.
They were called silver certificates, because each "note" stated: "This certifies that there have/has been deposited in the Treasury of the United States of America (number) silver dollar(s) payable to the bearer on demand."
This turned out to be a great big lie. It was fraud. Current paper money is the evidence of the theft.
I used to call paper money an "unjust weight and measure", but paper money today is no weight and measure of anything at all. It's a broken promise to pay a devalued amount and an unjust weight of silver!
Who cares? Well, you used to be able to get a silver dollar coin for a paper silver certificate. They were equal in value, as one was a promise to deliver the silver.
Today, the price of that same silver dollar coin, containing .76/oz. of silver, costs about $30 from a coin dealer, with silver prices at $36/oz.
