According to the the 1792 coinage Act, the gold/silver ratio is supposed to be 15 to 1! Currently, it is 88 to 1. In other words, if the law of the land were being obeyed right now, silver would be priced at close to $170 per ounce instead of the current $30 per oz. Bear in mind that gold and silver are not only America’s designated money, but also Biblical money!

So why the great disparity? This writer cannot say what the motivation is for sure, but this writer has good reason to believe that Chase Manhattan Bank (Rockefeller bank) has 800 million ounces of silver. That’s a lot of silver, and they own it outright. In the meantime, they sell silver short, which suppresses the price, and allows them to buy more at a below market value!

At some point, the price of silver is going to skyrocket! This writer has read opinions of some experts who believe that silver could even reach parity with gold! That’s staggering – especially when you realize that there are estimates of gold going to $50,000 an ounce. (See below link for some history on gold from the 1930’s up to today!)

Gold & Silver Updated “Intelligent Use” Repost From June 18th 2018 – A Lot Has Happened Since!

As you can see from the link above, gold has gone from $35 an ounce to $2,566.00 an ounce (+7331%). Is it a great leap to imagine it going to $50,000 an ounce (+ 1948%)? Not really, that’s a much smaller percentage increase than from $35 to current. This writer views gold and silver (precious metals or p.m.’s) as “equity insurance”. Equities are paper assets like dollar bills, bonds, stock certificates, debt instruments etc. Historically you’ve always been able to buy a good man’s suit for one ounce of gold. Does that mean that a good man’s suit is $2,566.00 today (look at the previous link). This writer had a friend in the business of selling men’s suits, and he sold suits for as much as $35,000.00! That was the price of a nice house back in the 1950’s when gold was $35 an ounce.

One of the reasons for all of this nonsense and financial instability is the fact that we have fiat currency in America. What is fiat currency? It is money on demand – print it when you want it or need it without having any precious metals behind it. It’s a violation of the 1792 Coinage Act. When you have more dollars chasing the same amount of goods and services, then you will have the price bid up commensurately by the increased demand from people who now have more money. ($20 per hour for fast food workers anybody?) This writer is old enough to remember a minimum wage of $1.19 per hour!

Who has the power to print our money with virtually no accountability, if not indeed no accountability? It’s the Federal Reserve private cabalistic banking system which is no more “Federal” than Federal Express!

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