The GOLD standard: Absolutely inevitable

US dollar value going down / Source: goldswitzerland.com

“So where will the value of paper money go? I’m very sure where it’s going to go, but you only have to take a look at that kind of graph to see where it’s going to go.”

“In the globalized, synchronized, meshed world of paper money today, every single paper money in the world is interlinked, and I am absolutely convinced, mathematically certain, that when one goes, they’ll all go. Absolutely. And this brings us to the situation where when every single paper currencies collapses at the same time, not only has the money collapsed but surely the validity of the issuing authority has collapsed, too. And I believe for the first time in recorded history, this collapse will see the credibility of governments as organizers of the money supply brought very much into question.” (emphasis added) - Philip Barton, president of The Gold Standard Institute

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Gadhafi’s Gold-money Plan Would Have Devastated Dollar

Copy of dinar of the Abassid Caliphate 774 / Wiki Commons *

“While most of the establishment press in America has been silent on the issue of Gadhafi’s gold dinar scheme, in Russia, China, and the global alternative media, the theory has exploded in popularity. Whether salvaging central banking and the corrupt global monetary system were truly among the reasons for Gadhafi’s overthrow, however, may never be known for certain — at least not publicly.”

“A Gadhafi-driven gold revolution would have, however, imperiled the positions of central bankers and their political and media power-brokers.”  Alex Newman  

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Legalize Currency Competition : Ron Paul

Image: jscreationzs / FreeDigitalPhotos.net *

“In order to fund its military operations during the 1860s, the federal government for the first time in its history issued paper currency which was unbacked by any commodity and was to be accepted at face value as a legal tender.”

“For the past 40 years we have lived in a world in which the issuance of money is completely at the discretion of governments and central banks, and we are reaping the consequences. The fiat money standard has led from one financial crisis to another, as each attempt to inflate out of the previous bubble only sows the seeds for the next crash.”

“Historically, legal tender laws have been used by governments to force their citizens to accept debased and devalued currency.”  Ron Paul

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