Gold: The Protector and Creator of Jobs
by Hugo Salinas Price
President, Mexican Civic Association Pro Silver
February 6, 2009
Some readers may ask themselves, “What has gold to do with protecting jobs? Gold hoarders are certainly not creating jobs, and hoarding more gold will not help at all.”
Gold has everything to do with the loss of jobs in the US, and gold has everything to do with recovering jobs for the US economy.
Let me go back to the 60′s. During those years, the US and the world were on a Gold-and-Dollar Standard.
Back in the 60′s, countries were very careful about maintaining a constant monetary balance between their exports and their imports. They all wanted to be in a situation where they would export more than they imported, so that they would have increasing balances of gold or dollars in their Treasuries.
To state this more correctly, they all wanted to export more than they imported, except the United States.
The US didn’t care very much about maintaining Read more
Brave New World Redux
The paranoia is in bloom, the PR,
The transmissions will resume
They’ll try to push drugs
Keep us all dumbed down and hope that
We will never see the truth around
Another promise, another scene,
A package not to keep us trapped in greed
With all the green belts wrapped around our minds
And endless red tape to keep the truth confined
Interchanging mind control
Come let the revolution take its toll if you could
Flick the switch and open your third eye, you’d see that
We should never be afraid to die
Rise up and take the power back, it’s time that
The fat cats had a heart attack, you know that
Their time is coming to an end
We have to unify and watch our flag ascend
They will not force us
They will stop degrading us
They will not control us
We will be victorious
©Muse – Uprising
Fed Posts Terms Of Unlimited Foreign Exchange Swaps With Bank of England, European Central Bank And Swiss National Bank
Late yesterday, the Federal Reserve Bank of New York posted the full terms of the various foreign exchange swaps that it instituted as part of the bailout of the Euro, and of various French and German banks. The specifics Read more
Interesting Developments Afoot
This Sunday the Eurozone in combination with the U.S. Fed agreed to completely monetize all current and upcoming government debt for countries including Greece, Portugal, Italy, Spain, and whoever else in the Eurozone needs cash, to the tune of approximately $1 Trillion USD ($1,000,000,000,000.00). They agreed that the money created to fund this bailout should be sanitized; Read more
Value of the US Dollar
Since the Breton Woods system was brought into place in America, the value of one dollar expressed in terms of grains of gold has steadily declined. If the US Dollar were a corporation, would you invest in it seeing this chart? Read more
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