Cash Is Trash

Extra! Extra!    Cash is trash!

This chart begins in 1913 because that is the year the Federal Reserve Act was passed into law. Since then you can see a pretty consistent devaluing of the U.S. dollar.

“In the absence of the gold standard, there is no way to protect savings from confiscation through inflation...   this is the shabby secret of the welfare statists' tirades against gold.

Deficit spending is simply a scheme for the confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the statists' antagonism toward the gold standard.” Alan Greenspan 1967

Live 24 hours gold chart [Kitco Inc.]

Live 24 hours silver chart [ Kitco Inc. ]

Goldman Sachs Software Manipulates Economy

 

 

 

Debt = Slavery

 

 

 

J.P. Morgan manipulates gold prices

 

 

 

On Fiat Currency

“It’s taken almost two centuries for bankers to pull the wool over Americans’ eyes, but today you and I are working for intrinsically worthless paper that can be created by bureaucrats — created without sweat, without creative ability, without work, without anything but a decision by the Federal Reserve. This is the disease at the base of today’s monetary system. And like a cancer, it will spread until the system ultimately falls apart. This is the tragedy of the great lie. The great lie is that fiat paper represents a store of value, money of lasting wealth.”
—Richard Russell