The Tender For Law

Volume 14

May 11, 2016 3:29 PM

Scott Duncan

Hey Free-Dumbers! A few words on GOLD.

Big Think

Does gold have inherent value, or is it merely a symbol?

And what would happen if we switched from paper money back to gold?

Economist Daniel Altman has what you need to know.

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David-Paul Sip

I know that China and RUSSIA have been acquiring massive amounts of gold. I also know that the United States has not sold any of it's reserves. I also know that any "significant find" will not be "significant" enough to devalue the US dollar (see QE INFINITY). That's already happening and is the intent of the Federal Reserve. This here in reality.

Scott Duncan

"Backed by gold" has no value to me, unless I'm spending it and I want acceptance based on this imaginary "extra security".

Gold's "value" is not a "fact"; It's an attempt to sell imaginary "security" to the receiver.

David-Paul Sip

Okay...Do you expect central banks and governments will not abandon their fiat fraud without a fight (albeit futile)? I do not expect them to adopt cryptocurrency or the blockchain and certainly not willingly. What will they turn to to convince people to have continue to have confidence in their "legal tender"?

Scott Duncan

Blockchains take idiots out of the equation. It doesn't matter what the naysayers "believe". Reality does not care.

When it all becomes verifiable FACT, money will be VERY different, and a lot of people are going to be the proud owners of worthless shiny metal, in the next 20 years.

Ceit Butler

So, how does that work, exactly? You wait for the banks to foreclose on these low-income families, you scoop up the properties at a premium auction rate, and then you help NEW low-income families obtain credit that they don't need, to get fresh mortgages that they can't afford, and you send them on their merry way while patting yourself on the back for your financial ingenuity?

Ceit Butler

Uh huh... And your promo video, the one with the couple who claim that they couldn't even afford Tim Hortons before, but then "The Money Mobilizer" helped them get some credit cards, loans, and a mortgage, too!

Because, clearly, people who cannot afford a fucking coffee should be racking up some debt.

Ceit Butler

And you make specific mention of fabulous investment property opportunities in Florida. Florida, which currently has the highest foreclosure rate in the U.S., meaning lots of cheap property to purchase - after the banks have seized them, of course.

Ceit Butler

You help low-income families to establish CREDIT. CREDIT, as we all know, is DEBT.

While others in this group are devoting all of their efforts to breaking this cycle of debt by moving away from FIAT, you are doing the exact opposite.

David-Paul Sip

How did the properties become "distressed" again? The last project we completed was a home damaged by fire.

That family created budgets for everything to manage their finances. I helped them rebuild their credit and build equity in the property. Btw, that was in 2012. I haven't focussed on lease options in 3 years.

David-Paul Sip

It's pretty tough to purchase property without good credit. That couple had completed a consumer proposal and wanted to buy a home and stop renting.

I get the reasoning and/or point Ceit. I am attempting to break the same debt cycle myself but I can't claim to not have a mortgage. Now I could choose to rent instead but then I'd be helping pay someone else's mortgage.

Ceit Butler

Also; you might want to think about updating your Google+ profile. Listing this: "www.qix.mx Life Mastery, 2014 - present Formula 4 Truth � Laws of Vibrational Energy � Inner G Training"

... Under the heading of "Education" is not doing you any favours.

David-Paul Sip

This was began pre Tender For Law when I "believed" Dean Clifford had a clue. I know the guy that runs the company. He's a cool guy. Yup he accepts Bitcoin. I pointed him to Creative Commons last year after someone ripped off the material he gives away for free, rebranded and started selling it.

Anibal Jose Baez

I saw Dean been escorted by an entourage of private security. He was the winner to vacations to a "Fortress of Remand" (tm) Hotel and Debt Creation Center. It was the second best thing that happened to me in that trip! Well, the third. Someone offered me to smoke a cripy joint.