COMEX Default - Gold IS Money, The dollar is currency!

COMEX destruciton...
http://meltdown2011.wordpress.com/category/silver-gold/vaporize-comex-countdown/

Learn about gold and the money system from.
http://www.youtube.com/profile?user=GOLDTVLP&view=videos
Ron Paul's book on tape
http://www.youtube.com/watch?v=UQltMzDUqcs&feature=channel_page

12/08/2008 Peter Schiff On CNN International: Whithering The US Economy?
http://www.youtube.com/watch?v=SGYljIw6U3Q&feature=channel_page

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[curious220]

So, my final analysis on "Money & Currency"! What "Money" really is is a "Promissory Note"!!"Debt Owed"!!back to the Treasury payable with interest!!So, in actuality, we're all administering "Fake Money"circulating in our "CURRENCY"backed by "DEBT"not "Gold" any more, Nixon cut the Gold standard on our Money!!Now,the money with the government seal w/serial numbers and a John Hancock from your good ole' Secretary of treasurer!! And there you go ,you have yourself Legal(USD)issued out as CURRENCY!

[davincij15]

Just because someone puts a gun to your head and says the sky is pink does not mean it's pink if everyone else is saying it because they have no choice!

The concept of money is not a government decreed item it's an agreed upon item between two free individuals that decide without coercion what they want as money. IF it's paper, shells, food or gold it does not matter, that is true real money.

Fake money is forced on slaves.

[curious220]

Money is Legal Tender used for trading for your Goods & Services! Currency is simply the current legal tender you have to be traded for your Goods & Services!So, the more currency(people that have the legal tenders)in circulation the more the economy engine moves,the less in circulation, the engine slows! To differentiate the two: Money is Tangible & Currency is Systematic!

[davincij15]

Money is not legal tender it's free market item any thing can be money even the paper dollar.

Currency is what is accepted as for exchange of goods and services.

Money and currency existed before governments.

My research shows that governments took over the issuance of money around 500 B.C. and possibly before that as the writer of Ezekiel 7:19 was from that time period and knew they (bankers/government) would debase the money and it would become valueless and cast into the streets.

[MrMDM2007]

Excellent! I finally get it. I really like the example of taking money or gold into the future and what would be better...GOLD!

Thanks.

MrMDM

[davincij15]

If you don't want to worry about having enough money for retirement buy gold and silver. The value up or down from here will always be relatively the same the basic needs, such as food, energy, rent, clothing and taxes.

For example gas will always be around 1/4 an ounce of silver. It may go to 1/3 or 1/5 but it will stay in that range.

If people go crazy for gold and silver, then it will be come over valued. This is simple to manage than currency that you must invest to keep up.

[Fitrade]

Great video, I like to talk about Silver and Gold on my youtube channel as well.

[KBrizle]

it wont be useless it can neva be gold is like the back up for money but it can neva lose value because it is the common ground for the finanical system as food or water is for the life system. It might be low as hell in value but it can never actually lose value because its so rare and not every1 has it so it can be the base of trade altho u cant say the same for money or any other non scarce material

[flics85]

The point of this video was not to suggest people try to buy and sell gold or silver to make money. It was intended to show that gold was a "store of value" and that, if you own physical gold, it will always be something of value - it will never be worthless.

[lexlaw007]

If you can buy a gram of gold (Credit Suisse for instance) every week or so it will accumulate before you know it. Precious metals will always have a value, and paper money and stocks ZAP are gone. Own them physically --- and not on paper.

[curious220]

Now, buying "Gold & Silver" is a two way street...It goes up and its comes down...!You have to be mindful on when is the best time to invest in Gold or silver bullion, And the best time to trade it off!!It's a really tricky investment but, if you know when to get in and get out, you'll be a rich man!!

[curious220]

Ok, i see what you saying....Without government regulating our way of life monetarily..!! Anything could be traded amongst two individuals thats willing to accept the trade!!That's "EXCHANGE"!! I'll give you this chair for that mirror!! Something like that...! Thats "EXCHANGING" items! It's not money,"Money" is just paper with ink on it specifing its monetary power!You can't go around with a whole lot of "Shells"&"Food"saying you want to buy that car or house"ITS NOT LEGAL""NON-ACCEPTED"....!!!!

[curious220]

The "Free Market"is where businesses get their supply & demand to build their Capital!If you're talking about a "Free Market Item"Thats just one of the items bought by the businesses to distribute to the consumers! 'Free Market" is only a"Theory"!Research it!! NOW, for the money & currency thing, money has to be approved thru the Department of Treasury by that current government to be "Legally Spent" as currency! 500B.C The Knight Templar were the "Bankers"in those days!And Yes, the same method!