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Message: Interesting read, From gold to paper money to plastic.

Interesting read, From gold to paper money to plastic.

posted on Oct 31, 2008 08:19AM

The gold price is not going up because people are being _forced_ to
sell their gold for cash.
Why? Because there is a shortage of cash.

Why? The banks want you to believe that it's because of the sub-prime
mortgage crisis.
But that's not true. If you do the math, the total amount of missing
money due to the sub-prime is only a tiny fraction of the 700 billion.

Who could have stolen 700 billion? Who else if not the banks!

Why? Because they want to cause another great depression.

Why? To remove us from the paper money standard and put us all on
credit cards.

Why not stay on paper money? Because paper money is tangible. It has
value (even if it's less than 1 cent). And with paper money, the banks
are vulnerable to bank runs. (A bank run is when everybody runs to the
bank to take out their money. This causes a bank to go out of business
because all banks lend out more money than they actually have).

Why a universal credit card system? Because the banks will have total
control of the amounts on your bank account. With just a few key
stocks, they can put or remove money in your account. And best of all,
bank runs are no longer possible. So we cannot collectively put a bank
out of business.

Why do banks lend out more money than they actually have? Isn't this
against the law? Yes, it is a criminal act. But the governments let
them do it. The bankers lend out more money than they really have
because they've noticed that the great majority of people never take
out their money from their banks accounts. So the bankers are able to
make more money by lending more money and make a profit on the money
they lend out. It is a win-win situation for them. If you borrow some
money, you will have to pay it back along with the interest => the
banks get rich. If you cannot pay back the money, you are forced to
give them your belongings (land, house, gold, etc.) => the banks get
rich. The only purpose of a bank is to get you into debt.

How did the banks manage to get into this situation of power? The
bankers use the same basic strategy over and over again. If you take
what I've just explained by replacing "gold" with "paper money or
cash" and by replacing "money" with "credit card", you will understand
how the banks were able to move us from the gold standard to a paper
money standard by orchestrating market crashes like the great
depression in the 1930s.

If the banks are causing this cash shortage, why are the governments
giving them our tax dollars? Wouldn't this make thing even worse? Yes,
the banks are burning that money as we speak. And they will ask for
more! People need to ask themselves why would banks need money if they
have the power to print as much money as they like???? In a perfectly
sane world, the governments should be giving those billions of dollars
to the people and the business. Because money equals work. That money
would have found it's way back into the hands of the bankers anyways
since a lot of businesses and people are in debt. The crash will not
happen because banks do not have enough money (that they will use in
turn to put us more into debt), the crash will happen because people
and businesses will have to pay down debt (to the banks) with money
that they do not have.

How do we stop this from happening? First of all, we need to stop the
sell-off of company stocks, because it REALLY hurts hard working
companies. Companies are people. And when they hurt, that pain is
passed down (in some form or another) to all of us. Second, people
need to get educated about this fractional reserve practice used by
the banks. Ignorance is not bliss. Ignorance will get you killed!
Corruption is everywhere and governments are no exception.

1
Oct 31, 2008 10:58AM
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