Re: as suggested by Midas but doesn't the fed own the gold of the central banks?
in response to
by
posted on
Aug 21, 2011 05:18PM
Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.
Not to long ago it was reported on this forum that the Federal reserve took all the gold from the central banks years ago for collaterale? Am I wrong on this statement? If in fact that is true then how on earth can they pay others with gold they don't have? Another factor Americans overlook. If in fact we have over a 2% rise in inflation then in each case every American on Social Security has been taken advantage of.
This is not a subsidy of the government it's a paid priveledge for those who paid into this for every paycheck worked for. And what happened to that money? Was it put into a trust? Was it even put in a cd that would have made money for both parties? Again another ponzi scheme by the government themselves.
This program was a entitilement program to protect us from any future depressions and stop government from taking money from those who are actually still able to work. When will the people stand up for those rights and put these thieves in jail? Make them accountable. Take the money they recieve from every corporation who instilled on them promises of living the high life. And I am not talking about Miller time either.
Why on earth do we speak of what our government has done to pay of other countries when we don't even take care of our own. Is it like a man who wants to worship but believes in nothing at all except himself. We the people need to stand up because we have been on recess to long without pay or truth. We make straw polls with individuals who pay others to vote for them. We allow politicians to make us pay to go into a town meeting. We say Democracy to the whole world but don't stand up for ourselves because we are scared they will jail us for being truthful and doing the right thing to try and make our country right.
When will we stand up as one. Old song here . United we stand , Divided we fall, and if our backs should be against the wall, will stand together,together you and I.