A return to the gold standard

I'm sorry for the sloppy nature of this writing. I have been extremely busy, but wanted to get this out to you all. I, have, as of late, become certain of the course things are going to take, and I wanted to share these thoughts.

Money is what is given in exchange for labor, production. Imagine that you wrote a check to someone and they took it and built a house for you. Well, the check is no good, so you don't get the house. However, the work is done. The wood has been shaped into a house. Basically you have labor that has been tricked out of people for money that never existed. This is what has happened in in our country for the past several decades. People have been working for imaginary money.

Now what happens when the money is discovered to be imaginary? Deflation is what happens, but not deflation as Bob Prechter is seeing it. The big mistake that Bob Prechter makes is that he doesn't understand that dollars are not money. The amount of time they have been used as money does not make them money.

Once when I was on a basketball team, a kid brought his basketball from home to use at practice. The ball had the initials SJV on it. This was the standard inscription on any school balls, i.e. Saint John Vianney. After practice, the coach put the ball he brought into the bag with the other balls. The guy, Rod, said, "Hey that's my ball." The coach said, "It says SJV on it. It's the schools ball." To this Rod responded, "I've had that ball at my house for 5 years." The coach said, "I don't care how long you've had it at your house. It's still the school's ball." So, I don't care how long people have been using dollars as money, they are still not money.

When everyone figures out that they have been doing all this work for all this time for imaginary money, the value of real money, gold and silver are going to explode and the value of dollars is going to collapse. Now, of course, like a dying cancer patient who is not ready to die, all the medicines at the disposal of science are going to be pumped in to keep the patient alive as possible, but guess what? He's still going to die. We will have hyperinflation. And things will get very expensive with gold. Then we are going to have a deflationary collapse as everything falls against gold and silver.

This is how it is going to happen. And it is going to happen within the next three years. Just thought I'd let you all know. Also, you should listen to James Dines interview part two on Kingworldnews.com. It's the best interview Dines has ever done. All the answers you seek are there if you listen in. All the best, Bull