The Tender For Law

Volume 4

Oct 11, 2013 8:43 PM

Harold Austerman

Why all the fuss over the gold standard?

Well it goes back to the original Founding Fathers and the meaning of the word "dollar". "Dollar" is actually a weight measure of silver, 371.25 grains, to be exact. Our American silver dollars are actually heavier, since other metals were added for durability. But that 371.25 grains of silver WAS the dollar, matching in weight an unbroken chain of accepted monetary units that reached back through the Spanish Milled Dollar, the Dutch Daller, back to the German Thaler; the product of a silver mine which sold its product in coins of an exact weight. The Coinage Act of 1792 defined our dollar to exactly match in weight the silver dollars in use around the world, and then defined the gold dollar to be that amount of gold which would equal the worth of silver in a silver dollar, 24.75 grains, 1/15 the weight of the silver in a silver dollar.

Read Comments

Scott Duncan

Anyone who gives a shit about the "gold standard" has never watched the "required viewing".

Watch MONEY AS DEBT 3. This is covered there. YOU tell ME why the gold standard is worthless. This is why it's REQUIRED VIEWING!

http://youtu.be/3P7izAUe3ZM

Carl Dunne

Gold is a particular annoyance of mine , I'm sick of hearing how it's value sky rockets and it's the best thing since sliced bread. Sliced bread as it turns out has more intrinsic value , the irony. Gold has NOT sky rocketed in price, your money IS just worth less. If/when money collapses lets see what good your room of gold does you compared to my room full of food, you may even like to exchange me some on whatever day you would like me to laugh in your face the most :D

Chris Evan

Carl, I have made the SAME points to people, but ALL the Constitutionalists over here are completely brainwashed. Even if that was a good idea, and hear this out, WHERE ARE THEY GOING TO FIND AL OF THIS GOLD??? These people are in LA-LA land with this crap

Carl Dunne

It's because they have been thought to idolize it since birth , heard numerous stories of this person or that making a fortune off it. They become blinded by that and can't except that YES you can make a fortune of gold buying and selling. But that's all conditional on money staying the way it is and it's fluctuations making it possible. Let them learn the hard way and when they finally learn give them an apple for all their gold just to rub it in ;)

Scott Duncan

Look into diamonds. It's FUCKING CARBON. DeBeers INVENTED the "value" through social engineering.

For VERY little, I can buy a diamond-tipped drill, yet you set it in a ring, and the same diamond is worth $100,000?

IT'S FUCKING CARBON!

Carl Dunne

Yes I've read before they're basically bit's of coal that handled the pressure better ? . And how many people have died for yet another thought implanted in us. We're all so fucking stupid that if the powers that be had decided dog shit was gonna be the thing we'd e running around killing each other over that too :/

David Johansen

the storage of food is limited. precious metals are nearly 100% recoverable. the 'value' is therefore moreso within its lack of volitility and ease of disguise.

all of the kitchen cabinet door/drawer pulls are made of silver plated in copper/nickle/crome. nobody would ever think of stealing/confiscating those. the 'safe' is the deception.

try that with an apple.

David Johansen

ah, but I am also a 30yr master gardener, chemist, engineer, carpenter, plumber, electrician, ... i have many skills that stupid people require. when the SHTF i will be in high demand. I am currently working on a steam powered generator/still for fuel & energy.

Carl Dunne

That's good to know but is irrelevant to the discussion of golds "value" and does nothing to further your position :P... The shit is only worth what you believe it to be , it has NO intrinsic value . Every skill mentioned makes you much more valuable than the shinney rock :D

David Johansen

bitcoin are only portable with working mobile technology. and such a device needs to be inductively powered (without batteries). should also update through the exchange AND not be detectable by survelance methods for total privacy.