All of the gold held by central banks throughout the west, originally, was owned by the people. Slowly this gold has been siphoned away from the people by the central bankers through inflation. However now, even these giant banks in the west are losing their gold as it slowly is being transferred to the east.

The gold stored in these central banks was at one time used to back all western currencies. However the sole purpose for gold being held in western banks today is for repayment of debt. History shows us that approximately every 30 to 40 years the world creates a new monetary system. Previous monetary systems continually have failed due to poor fiscal policy, planning and manipulations. Before WWI most countries kept a specific amount of gold in their treasuries. The treasuries would then issue out currency notes into circulation in amounts that equaled the equivalent value of…

Read More

By studying history, it is possible to learn how past civilizations have risen and fallen. Repeated mistakes have been made throughout time. These mistakes show us how monetary systems within societies have broken down and collapsed since money was first used.

The Past –

History can show us many things; let’s take the rise and fall of the Roman Empire. The Romans rose to power in 64 AD. by starting out on a solid financial footing. There was a sound money system in place. They started off using 100 percent solid gold and silver coins as a medium of exchange for goods and services. As time passed however, more and more social programs needed funding. More major government projects were taken on, along with more and more wars being fought…

Read More
 

The majority of the world is in dire financial straits; economies cannot get a grip on their expanding debt and are using deficit spending to no end. The entire system is un-sustainable and economies are going to collapse. At this point in time surely before the end of this decade if not sooner, the greatest wealth transfer in history will take place. That also means the greatest time for opportunity, is to react now.

Obtaining physical gold and silver and keeping it outside of the banking systems, becomes the greatest form of wealth protection for your assets. Assuring you against either a deflationary collapse or hyperinflationary destruction of paper currency. These precious metals are absolutely vital to your financial survival. Below are several facts necessary to understand first, so you will know why precious metals are still very much undervalued…

Read More
 

Real money also referred to as “sound money” is made up of hard assets such as gold and silver. This form of sound money starts in the ground where it is first dug up. Then it goes through processing and refinement and finally it becomes money once the refined gold or silver has been minted into coins by a government treasury. However in this day and age it is not sound money that circulates globally within each country it is another form of money known as “fiat currency”. All fiat currencies are the same but how…

Read More
 

Sound money should be the only acceptable means of payment or credit used during these insane times when all major countries are fighting to survive with “record setting” government debts. Governments must all revert back to a sound money system to regain fiscal control over their spending habits or face losing everything.

Money – The Beginning
In the distant past, man used bartering and trading as acceptable forms of payment for goods and services. Many items traded included sea shells, salt, tobacco, herd animals, beaded belts, gem stones and gold. This worked well at the time, however there needed to be a better more convenient way to make transactions.
Coins became the first answer to make the exchange of goods and services more convenient. In 600 B.C. the first minted coins appeared, they were minted from an alloy called electrum. This was a combination of gold and silver. Each coin had a specific weight of 4.7 grams and acted as a medium of exchange, division of payment and was also capable of maintaining its value. From the time coins were first minted they gained popularity becoming the best form of money all the way into modern times.

What is Sound Money
In 400 B.C. Aristotle defined what sound money was and what characteristics were necessary to insure sound money. He said that sound money must incorporate all 7 of the following properties…

Read More
 

Inflation is a serious problem that will affect any society overtime. Serious monetary stresses are created that will affect the most basic of needs such as food for your family to eat, fuel for your car or medicine to keep you alive. Inflation makes the prices you pay increase on the exact same products or services you were buying or using before. Most people will realize these price increases as they reflect on what these items had cost them only 1-2 years ago. Why?
Inflation is created by directly increasing the money supply in an economy. When this happens it creates a watering down affect on the money supply. If you take newly created dollars and add them to the economies money supply, along with all the other dollars that were already there, we get the total money supply…


Read More
 

In the earliest of times trading and bartering were used in the exchange of goods and services. The trading of such items as herd animals, sea shells, salt, tobacco, gold, gemstones and other similar items were commonly used by man before actual currency was invented.

Currency – The Beginning

The first currency ever used, was in coin form and dates back to 600 B.C. by then King Croesus of Lydia in Asia Minor. At that time Lydia was located in what is now present day Turkey. These coins were minted from a naturally occurring alloy of gold and silver called electrum. And each coin had a specific weight of 4.7 grams. These coins functioned as a medium of exchange, unit of payment and were capable of preserving value...

Read More
 

The economic conditions in Europe are becoming worse as the weeks move on. In all, there’s at least a fifty percent stake involving US banks that are exposed to some degree with European debt problems within the Euro-zone. Furthermore, it is the US dollar that still remains the world’s reserve currency. And the Federal Reserve, whose status remains none other than the “lender of last resort” thus, making it very hazardous for the US taxpayers.

The huge US Government bailout program from 2008 only helped the large banks, auto industry and giant institutions such as AIG and several foreign central banks from going under. Because they were all deemed “to big to fail” at the end of the day however, nothing was solved and the bailouts amounted to nothing. These mega banks and companies only lined their own greedy corporate pockets and left the American taxpayers holding the bag...

Read More