This is wrong on so many levels that I want to wring necks just reading this $#@!. "The
price of gold went up 70%"? THE $#@! IT DID. Gold was a price already, denominated in its own weight. It's so-called "price", as thought of by those who utterly lack critical thinking skills, was already distorted and suppressed by
more demand notes in existence than the gold those notes represented. Once FDR facilitated legal cover for the
THEFT/DEFAULT/FRAUD perpetrated by banks, we no longer even had to pretend that
the quantity of stored gold was equal to the paper that grossly misrepresented it. Hence, the "price" of gold only changed in that the quantity of misrepresenting notes finally began to reflect what was already the reality,
once FDR caused the paper to FLOAT, as it decoupled from the specie it never accurately represented.
The price of silver did not drop "
like an unwanted rock" (what a specious, piece of $#@! way of phrasing it). The "price" of just about
everything dropped as a direct result of a DEFLATIONARY DEPRESSION.
Economic Demand for silver was not low for want of desire or desperate need for silver
as current money, but only for want of the ability to obtain any. And that was all because SILVER HAD ALREADY BEEN DRIVEN OUT OF CIRCULATION BY CONGRESS. And that can be laid right at the doorstep of the
de facto gold standard that was later corrupted, debased, debauched, and fraudulently defaulted on. Silver was not undervalued. Quite the opposite. We needed currency--ANY currency. And whatever currency was circulating was only increasing in value due it's catastrophically increasing scarcity as it disappeared from circulation.
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