GOLD Bullions & 12 Golden Revelations

Go to http://www.goldiac.com/ to buy real gold and silver. Protect you and your family standard of life against hyperinflation. Were in this mess because politicians rejected the wisdom of the framers of the Constitution by going off the gold standard in 1971, and they did it with barely a murmur by the American people, which I think speaks volumes. The overturning of this basic monetary principle of tying a national currency to gold is not something for which the politicians alone are to blame. The American people let it happen, which is the tragic part of it all. Its as if most people had no sense of history or understanding of the rule of law, but I think this usurping of monetary power by the federal government can accurately be explained another way. The country had become polarized by the early 1970s. One group had become enamored with or reliant upon an all-powerful state. Perhaps because of their relationship with it and benefits they received from it, or perhaps they were just so trusting in political leaders that they simply ignored this basic, fundamental monetary provision of the Constitution and allowed the politicians to run roughshod over it. The other group is the exact opposite. They had become so disgusted with the machinations of the state and believed that they were seemingly powerless to change the path it was on that they simply became indifferent to the state, and went on with their lives minimizing their interaction with it, which explains, for example, why voter turnout in federal elections is so low. Not only does the polarization exist to this day, it has become even more pronounced as the debate over the $700 billion bank bailout makes clear. Maybe this latest grab for power and pillaging of the American taxpayer will result in a confrontation between these groups which leads to reform that finally we can always hope puts the federal government back on the right path. Restoring the monetary provisions of the Constitution is the way to do that. A unique situation exists in the world today where all of the factors that influence the price of precious metals are working together, pushing the price of gold ever higher. Those factors include: A massive Chinese trade surplus, where Chinese exporters have exchanged real economic goods for US fiat paper Dollars, the value of which diminishes through endless inflation; An increasing percentage of gold being obtained or retained as foreign reserves in many countries, but most importantly in Russia and China, both of which are diversifying their reserves into other currencies including gold, in a very public manner; A scarcity of gold resulting from low gold prices in the 1990s which caused cuts in exploration and diminished gold production today; and The endless War on Terror which is financed by massive deficit spending, resulting in a further and potentially terminal weakening of the US Dollar. These above factors have resulted in the development of a secular bull market in gold, which commenced in 2002. The price of gold has gone from US$278 in January 2002 to US$690 in May 2007, an increase of almost 150% (just over 20% per annum compounding). During the same period, the US Dollar index (the value of the US dollar against a basket of currencies) has fallen 32% since 2002, creating an ever widening divergence. Go to http://www.goldiac.com/ to buy real gold and silver. Protect you and your family standard of life against hyperinflation. Additional related keywords: 1 bullion, 9 bullion fringe, ainslie bullion, american bullion, american eagle gold bullion coin, andrew bullion, atlantic bullion, better than bullion, boston bullion, buffalo gold bullion, bullion, bullion bank, bullion bar, bullion bars,bullion california, bullion canada,bullion cd, bullion coin, bullion coins, bullion com, bullion cube, bullion cubes, bullion currency, bullion dealer, bullion dealers, bullion definition, bullion direct

» View the original video «

YouTube | November 23, 2008

Tags:. .roughshod. .framers. .enamored. .pillaging. .murmur