Freegold Forum

Rasta wrote:Ron Paul
Out Last Hope

Out or Our? maybe the Armstrong computer is telling something

The Coming Financial Border Controls
It's Berlin All Over Again

Gold and Reversals
Answering Your Questions


When will gold rally? When we see new bond offerings go unsold in the USA. The critical place to watch is Europe and Japan. The details will be provided in the upcoming special reports after we get the closings for 2011.

2011 Year End Outlook
The Immediate Outlook

http://www.martinarmstrong.org/files/An ... /index.htm

http://www.financialsense.com/financial ... ted-states

about capital controls

When Fiat was the Solution
The Panic of 1789
*2012 World Conference
*Subscription Service


We must realize that there are always two sides to every issue. Paper currency is NOT the problem. The
problem has always been the fiscal mismanagement. There are plenty of examples from history that
illustrate that a paper currency that is maintain with fiscal management has produced a stable monetary
system without chronic inflation. But to assume that merely returning to tangible coinage will solve all
the problems is simply childish. There is 6,000 years of history to draw from and you cannot find a single
empire or nation no less a city state that has ever not debased its currency or borrowed without fiscal
restraint and collapsed.

The first step in solving our problems is to identify what is actually causing the problem. To return to a
gold standard solves nothing. What about the outstanding debt? We will still go broke regardless of
what we call money because we CANNOT service the outstanding debt that is there.
We must tackle the real problem. We must eliminate the existing debt and by law prohibit ANY public
borrowing whatsoever be it directly or indirectly through debasement be it by increasing the supply of
money in an intangible system or by reducing the metal content in a tangible system. WE NEED TERM
LIMITS to prevent a professional political class and we MUST eliminate the party backroom
dictatorships.

Rasta wrote:When Fiat was the Solution
The Panic of 1789
*2012 World Conference
*Subscription Service


We must realize that there are always two sides to every issue. Paper currency is NOT the problem. The
problem has always been the fiscal mismanagement. There are plenty of examples from history that
illustrate that a paper currency that is maintain with fiscal management has produced a stable monetary
system without chronic inflation. But to assume that merely returning to tangible coinage will solve all
the problems is simply childish. There is 6,000 years of history to draw from and you cannot find a single
empire or nation no less a city state that has ever not debased its currency or borrowed without fiscal
restraint and collapsed.

The first step in solving our problems is to identify what is actually causing the problem. To return to a
gold standard solves nothing. What about the outstanding debt? We will still go broke regardless of
what we call money because we CANNOT service the outstanding debt that is there.
We must tackle the real problem. We must eliminate the existing debt and by law prohibit ANY public
borrowing whatsoever be it directly or indirectly through debasement be it by increasing the supply of
money in an intangible system or by reducing the metal content in a tangible system. WE NEED TERM
LIMITS to prevent a professional political class and we MUST eliminate the party backroom
dictatorships.

Again:"goldstandard"

Adamus wrote:

Rasta wrote:When Fiat was the Solution
The Panic of 1789
*2012 World Conference
*Subscription Service


We must realize that there are always two sides to every issue. Paper currency is NOT the problem. The
problem has always been the fiscal mismanagement. There are plenty of examples from history that
illustrate that a paper currency that is maintain with fiscal management has produced a stable monetary
system without chronic inflation. But to assume that merely returning to tangible coinage will solve all
the problems is simply childish. There is 6,000 years of history to draw from and you cannot find a single
empire or nation no less a city state that has ever not debased its currency or borrowed without fiscal
restraint and collapsed.

The first step in solving our problems is to identify what is actually causing the problem. To return to a
gold standard solves nothing. What about the outstanding debt? We will still go broke regardless of
what we call money because we CANNOT service the outstanding debt that is there.
We must tackle the real problem. We must eliminate the existing debt and by law prohibit ANY public
borrowing whatsoever be it directly or indirectly through debasement be it by increasing the supply of
money in an intangible system or by reducing the metal content in a tangible system. WE NEED TERM
LIMITS to prevent a professional political class and we MUST eliminate the party backroom
dictatorships.

Again:"goldstandard"

As I read it, Armstrong correctly identified a gold standard as a futile attempt to bring fiscal discipline. It is not the money, it is the lack of fiscal discipline.

Adamus wrote:

Rasta wrote:When Fiat was the Solution
The Panic of 1789
*2012 World Conference
*Subscription Service


We must realize that there are always two sides to every issue. Paper currency is NOT the problem. The
problem has always been the fiscal mismanagement. There are plenty of examples from history that
illustrate that a paper currency that is maintain with fiscal management has produced a stable monetary
system without chronic inflation. But to assume that merely returning to tangible coinage will solve all
the problems is simply childish. There is 6,000 years of history to draw from and you cannot find a single
empire or nation no less a city state that has ever not debased its currency or borrowed without fiscal
restraint and collapsed.

The first step in solving our problems is to identify what is actually causing the problem. To return to a
gold standard solves nothing. What about the outstanding debt? We will still go broke regardless of
what we call money because we CANNOT service the outstanding debt that is there.
We must tackle the real problem. We must eliminate the existing debt and by law prohibit ANY public
borrowing whatsoever be it directly or indirectly through debasement be it by increasing the supply of
money in an intangible system or by reducing the metal content in a tangible system. WE NEED TERM
LIMITS to prevent a professional political class and we MUST eliminate the party backroom
dictatorships.

Again:"goldstandard"

page 10:
"The Gold Guinea was first issued in 1663 and weighed
8.4 grams. The price of gold was never really
fixed and it rose in value considerably thanks
to the massive import of silver from the New
World. "