Posted on 04/05/2023 11:31:02 AM PDT by george76
“Don’t worry about gold, worry about your retirement and savings accounts.”
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The way things are looking your 401k and savings account will be worth 50% less in a couple of years. Hard assets is the only way to go.
This is an excellent thread—reminding folks that the Constitution is not gonna save them from tyranny.
Another horror of the FDR days was the internment of the Japanese (and some other foreign nationals).
They were declared guilty—and not even allowed to try to prove their innocence!
I used to tell my students that before 1964 a quarter was worth about 3¢ because of the government’s say so and 22¢ because of the silver within it. Now the same silver quarter is worth 25¢ because of what the government says and over $4.50 because of the silver within it. My first job paid minimum wage: $1.25 per hour. That was five silver quarters—Jeez, I was making $22.50/hour in silver value!
Money used to be worth something because of what it was, not just the government demanding we accept its value. Of course if they hadn’t taken the silver out of the coins, they wouldn’t have been able to impose inflation on us.
In your home.
It was upheld by the Supreme Court in the 1937 Gold Clause cases.
hey at least Germany and Japan had the balls to take a stand and fight back against the USD/Lb globalist tyranny
Post #25.
Didn’t that tyrannical POS EO the Japs into camps too?
No gold for you, gov piggies.
However, how would you like some hot Copper and Lead, free of charge!
Untrue. The EO stated that all safe deposit boxes had to be opened in the presence of a Treasury agent, but there weren't enough agents in the country to enforce it. So that part of te EO went unenforced.
It was based on the Trading with the Enemy Act of 1917. In effect FDR declared the American people to be the enemy.
although they are a perishable item, used cars are rising in value faster than any other commodity , not just in dollars but as in the value in relation to other durable goods items as the globalist racketeers try to phase them out it will only ratchet up.
Siver is for shitte. I bought some in 1983 that I still have. It was $16/oz. Today’s price is $25 today after a decent jump
Yikes https://goldprice.org/
Au is at $2022 and Ag is at $25
My Grandfather was born in 1878. He died in 1958, so I never meet him
My Mother always said he despised FDR.
BTTT
Roosevelt got away with it because the US empire was on its way up relative to Europe’s old empires, the 3rd world didn’t even matter in geopolitics, and Europe had no choice as it was entering a chaotic decade of its own.
FDR made the depression worse with most of his policies.
I have no doubt Fed.gov will again try to confiscate gold. The BRICS will probably light the fuse by declaring they will trade in basket of currencies linked to each other, and gold.
You will be told that gold is being used by Russia and China, that criminals and terrorists use it to avoid punishment - the same crap as always.
But this time, Fed.gov will not get away with it. I believe states like Texas, who already hold a lot of gold for its citizens, will push back. It will only further diminish confidence in the USA and Fed.gov
“This country was ruined by Franklin Delano Rooosevelt!”
https://www.youtube.com/watch?v=lYG1CQWYWl4
The gold of Texas is stored in the New York Fed’s vaults. An attempt to repatriate it to Texas a few years ago failed.
We were warned!
Government is not reason, it is not eloquence-it is force! Like fire it is a dangerous servant and a fearful master; never for a moment should it be left to irresponsible action.—George Washington.
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