I would like to take a few minutes of your time to explain the lies and deception that have taken place in the United States as it relates to the Federal Reserve and how they have robbed us of our Gold and Silver reserves and caused much of our financial difficulties. I will in this post give you not only my opinion but will also give you information from two economist that have a very interesting story to tell as to the Federal Reserve and their actual function and the misinformation that has been told to the American people. The economist that I will share information from are Tom Rose from Pennsylvania, Steven Jacobson an author and creator of audio tape series Mind Wars, and Alan Greenspan Chairman of Federal Reserve and chief misinformer as it relates to what is really going on with the G20 pact or the Federal Reserve and its actual purpose and function.

The issues with the Federal Reserve are not new, after World War 1 Garrett said after years of blundering and trying to figure out an efficient credit machine we finally have one the Federal Reserve. He went on to say the Federal Reserve System was awesome as most have no idea what the words or name means or what the actual meaning of the dollar, wealth, inflation, credit really mean or how the Federal Reserve effects them directly or indirectly. If people really knew how the money system used to work and how it really works now under the Federal Reserve they would be very upset.

One of the Economist Jacobson states that the essence of the Federal reserve is to confuse and misinform the people to the United States while controlling the nations money supply and interest rates, and making a huge profit in the process. Most believe the Federal Reserve is part of the government and the politicians are happy to let people believe this untruth, however the Federal Reserve is a privately owned corporation owned by a number of rich families and operated for a significant profit while manipulation out economy and effecting our daily lives which is in violation of the Constitution. The constitution specifically states that Congress has the power to coin and regulate the value of money, and further states that the money should be either gold or silver tender to pay debts.

You have to ask yourself if the government is supposed to be by the people for the people, the why is our government letting us be robbed by the Federal Reserve for profit of the wealthy families running the Federal Reserve. There are three companies that have the word Federal in them an they are private companies and have nothing to do with the government at all, Federal Reserve, Federal Express, and the Federal Ammunition Company. The government and the Federal Reserve working together over time removed gold and silver coins from use to pay debts, and replaced it with paper money and the money is backed by debts and credits rather than actual Gold and Silver Reserves.
In Jacobsons opinion the misinformation regarding the Federal Reserve, and use of meaningless words to give a unclear idea of the working of the Federal Reserve is how the United States and American people have been taken and misled. The word dollar has been changed over time to hide the fact that the dollar or paper money is not really backed by silver or gold, as they should be. To show you what I mean US Code Section 152 states “The terms lawful money or lawful money of the United States shall be construed to mean gold or silver coin of the United Sates.”

You may ask how did we get here and what led to the government coming up with paper money at all, many years ago people had the local gold smith to store their gold and for this they received a receipt and over time the gold receipts were used for monetary transactions which was the first paper money you might say. Over time greed kicked in and the goldsmiths started writing more gold receipts than they had gold to back up and bought property and other things of value with these non gold backed receipts which lessened the actual value of the real gold receipts that people had from actual gold they placed in safes for security. The fact is the more of something you have the less the value is which is an over simplified example of what the Federal Reserve and the government has done to the American people. You may have heard in church that money is the root of all evil, and this greed or evil is how our economic issues began. The gold smiths of old created a similar situation to what the Federal Reserve has done to us today, much as the gold smiths stole from and lied to the very people that entrusted them to hold their gold, the Federal Reserve is doing much the same thing to this day to the American People and the whole economic system. The huge question is why do we continue to let this injustice to go on, and why does the government keep up this untruth. Furthermore why is Obama trying to give even more power to this corrupt organization called the Federal Reserve which has their own profit at heart and cares little about the health of out country except as how we can make them a profit. Many refer to the dollar as a dollar bill, and by definition the receipt of a dollar owed but in all truth meaningless and worthless as it is not backed by anything other than words. Many don’t know that from 1914 to 1963 money used to state “The United States of America will pay to the bearer on demand five dollars.” The real question is how can a bill stating it is a promise to pay five dollars be worth five dollars, quite simply paper money is an IOU from the Federal Reserve while they control the gold and silver supply and make a healthy profit doing so. Until 1962 the money in circulation said that you could take it to the treasury or the Federal Reserve to claim the actual value of the paper money that was and is said to be backed by gold and silver, however in 1963 the promise to five the value of money to the bearer was removed from paper money and then more and more paper money was and is put into circulation thus devaluation the money in circulation much like what the gold smiths did many years ago. If you read the constitution and the dollar then you will realize the very name Federal Reserve Note is a fraudulent title and word which has no real value or meaning, it is quite simply an IOU from a private company that is robbing and stealing form the American people and has been for many years. The Federal Government working with the Federal Reserve created a totally different monetary system contrary to what the constitution intended and gave control of our economy and whole monetary system over to a private company.

If you have been following the post on my site you will not be surprised that the dollar is continuing to decline and that China, Japan, Saudi Arabia my not continue to accept American dollars in return for cars, toys, food products, and oil which could speed up the decline of the US dollar and these events will continue to make Gold which recently topped $1,000 and ounce a very good investment. Also if China, Japan, Saudi Arabia start selling off their dollars, many others will do the same which could lead to the collapse of the dollar. China and other countries are saying they are not selling off their dollars, however many countries that have heavily invested in dollars in past are putting much of their monies in other investments like gold, oil fields and other precious metals and commodities. Many economist say the collapse of the dollar will take a long time, however if you consider that Ben Bernanke and G20 are working to reduce the value of paper currencies through out the whole G20 block it may all take much less time than some may think.

Once again many countries are looking to stop trading US Dollars and trade instead in Japanese Yen, and Chinese Yuan, and the Euro, Gold, and a new currency that is being brought into circulation within the Arab sector including Saudi Arabia, Abu Dhabi, Kuwait, and Quatar. Once again buy Gold and try not to have a lot of your portfolio in US Dollars.
Finance ministers and Central bank top executives from Russia, Japan, China, and Brazil have already been meeting to work to agree not to value oil in dollars any longer which will further the woes of the US Dollar. Some say the dollar will likely collapse within the next 8 – 9 years, however many do not see it even taking 3-5 years for the total collapse of the dollar, which is causing Gold to soar as the world is buying up Gold as it is a very safe investment with a great return. It has been said that the move away from the dollar and not valuing oil in dollars will likely lead to issues within the US and China and others that are moving away from the dollar. China has long been referred to as the sleeping giant, and it seems they are no longer sleeping and on the move to grow, and move to control their future by locking up oil interest with Middle East, Russia, Iran, and Sudan with little concern from how this effects the United States. To show you the changing world economics, European Central Bank president Jean Claude Trichet has been trying to get China to let he Chinese Yuan appreciate vs the sliding dollar which will help the European Block by taking pressures off the Euro and help China and the European block while further decreasing value of dollar.

The United States convinced Britain to stay out of the Euro some years to keep from deflating he dollar some years ago, however with all the countries moving away from the dollar it is suggested that Britain will eventually be forced to do the same thus sinking the dollar and sending gold through the roof making Gold a very safe and profitable investment.

The current proposed change over of dollar is said to be 2018, but who is to say with the changing world economy and the move away from the dollar by many major countries if the dollar will be stable and continue to be traded until 2018 or even 2012. China is saying that the United States and Britain will be impacted significantly impacted by this change and move away from the dollar and though this will worry many likely few will truly admit the extent of the damage this will do to the US and Britain.

To recap, BUY GOLD NOW, and do not invest heavily in the dollar or investments that are tied to the dollar as until we have a new currency it could be very risky to invest heavily in the dollar. However if you were to do Forex trading and bet on Japanese Yen and Chinese Yuan to go long as the dollar goes short you could make a very good profit.