I am reposting a response I made in another thread and expanding it. People don't appreciate what it would mean to "go to a gold standard" per H.R.2435. The idea is that it doesn't matter how much money there is, they can set the ratio of gold to dollar at whatever they want. "However much there is in present day dollars. It doesn't matter."
That's the first problem, so let's look at that:
How Much Is Gold Worth
According to the official narrative, there are about 8,133 metric tons of gold in U.S. reserves. I doubt that is true, I think it has been mostly moved into private bankers hands, but we'll go with it. There are 32,150 troy oz. per metric ton. That means there are, in reserve:
8133 metric tons times 32150 troy oz/metric ton ~ 261 million troy oz.
As for the total money that exists, the official number (not that I trust it, but we'll go with it) is between 40 trillion (narrow money), 90 trillion (broad money) or 1.3 quadrillion (derivatives, investments, etc.). With the amount of naked short selling, I wouldn't be surprised if you could double or triple that, so upwards of 4 quadrillion.
Putting this into perspective, we get one U.S. gold backed dollar is equal to:
- narrow money: 6.5e-6 oz
- broad money: 2.91e-6 oz
- derivatives: 2.01e-7 oz
- short sales: 6.5e-8 oz
These numbers don't mean much, so let me try to put it into something that makes a little more sense. Here is a picture of 1g of gold. It's not the best picture since it doesn't show the whole hand, but it shows that it isn't very much. Carrying that around, it would be pretty darn easy to lose it. But let me give you an idea of what one U.S. gold backed dollar would look like:
- narrow money: 1/5000 of a gram
- broad money: 1/11,000 of a gram
- derivatives: 1/160,000 of a gram
- short sales: 1/500,000 of a gram
Even with narrow money, think about dividing that gram picture into 5000 parts, then try to find it in your pocket. With short sales, divide it into half a million parts. It's almost easier to start measuring dollars in atoms of gold.
That 1g sells for about $130. This suggests it should be worth between $5000 and $500,000 if we were to move to a "gold standard" as things stand today.
For reference, that translates to between $150,000 and $15,000,000 per troy oz in today's money.
Now on to the next problem. The dollars that exist aren't money, they are debt. If we go to a "gold standard" there will still be all the debt, and the interest on that debt, that belongs to Megabank. If we move to a "gold standard," all that debt either needs to be paid off, or needs to be wiped out. But where does all the money reside?
Where's The Money
If we just look at narrow money (bank accounts, bank notes, etc.) that's the stuff that people have "on hand" (not really, because it's mostly in the fractional reserve shenanigans, but close enough). But who has the most money in bank accounts? According to this, the median bank account in America (in 2019) was about $5000, and the average was $42,000. That is a HUGE discrepancy, which means that the people with all the money have far more than the average person. The people with all the money are, in general, the Aristocracy AKA the Cabal. If we use the median this amounts to about $1.7 trillion (5000 times 330M people in America). Most of the rest of that $40T of narrow money lies in the hands of the very rich.
However, if we look at derivatives (not to mention naked short selling money) ALL of that money is in the hands of Megacorp.
So no matter how you divide it, as things stand today, the gold goes into the hands of the same people that rule the world right now.
Paying Off The Debt
If we don't wipe out all debt, then all those debts need to be paid off. But money is debt. Money comes to be when a debt is created. That's what "printing" money means. A loan is taken out, in one column a credit is given. This is money. In the other column a debt is created.
Money = Debt
BUT, that's not what really happens. A debt is paid back at interest.
Money + Interest = Debt
So all the DEBT in the world is equal to all the money PLUS all of the interest it has accrued, i.e. there is more debt than there is money. The debt can't be paid off. So all of that gold will eventually end up in the hands of the PTB, PLUS we will remain debt slaves forever.
With the current financial system, no matter how you slice it, all the power remains exactly where it is if we move into a "gold standard."
The system must fail. There is no other choice.
Even if it "fails", you're still gonna have to pay your mortgage.
Pay it to whom? The Cabal owns every single mortgage. They created mortgages to enslave the world. If we have to "pay our mortgage" nothing changes in the power structure.
I owe no debt... everything paid in full with cash; home, vehicle, toys, etc... no credit cards or loans...I own my own business, grow/raise as much of my food as I can and prep whatever I feel I may need if SHTF... I stack silver and gold as I refuse to have a pension that they control, and this is my way of trying to ensure I have for the future... my biggest yearly expenses are my horse habit and my property taxes... so that leads me to wonder, what about paying the taxes on my property if it all fails? Obviously, the local school and county are not going to barter with us on the tax due if US dollars are no longer acceptable tender. Will they force us to pay with whatever they deem acceptable tender and when the common person does not have that they seize our property and force us into their agenda? I can't see them accepting gold or silver bars as payment. Maybe I just don't understand how it will all work, I just know I don't trust them for one second no matter how much we prepare. I will not live in a 15-minute city!! Second Question--what about people like my parents that now live off their pensions and savings? What happens to them?
If you don't pay property taxes, they will take away your property. Do you own your property, or do the people that will take it away if you miss a lease payment?
Emphasis mine. You're getting close now...
What we call "property taxes" go to pay off the interest on municipal bonds. What are municipal bonds? The bonds themselves are loans created by the municipality because the banks demand that this is the only way a municipality can run. The entire thing is a complete fraud, designed to keep us enslaved, and ensure that the Bank owns all property. The municipality doesn't own your property, the Bank does (hint, there is only one Bank in the world). Even if you think you own it, because you have paid off your mortgage, the Bank still owns it through the system of bondage. There is a reason it is called a "bond." It legally indentures the people of the municipality to the Bank (who hold the majority of the bonds, if not all of them).
There is no such thing as a "tax" other than sales tax (or excise, etc.) that is not the same fraud (income tax, property tax, car registration, etc.). We are so adapted to their system, we fail to see the obvious fraud right in front of our face. If you have to keep paying on what you "own" you don't own it, your Liege Lord does, AKA the one that is forcing you to pay them for what is yours.
A very good question, but I think a little to directed. Very few people are in your position (self-sufficient). Everyone is fucked unless we figure out a way to smoothly transition. The collapse must happen. I personally think Gamestop, and their system of NFTs is the intended path to lead us out. Not that you need to own Gamestop or you're fucked. I think the design of their system will be adapted to a broader economic system.
I very much understand that "they" own what we think we own, and "they" allow us to lease it from them ... but if it all falls apart THEN WHAT?? Are we still just pawns in the game and have no choice but to lose it all and be forced into their 15-minute cities??? Or if the Central Bank crashes and we defeat "the powers that be", do we then actually get to own our property and we devise a more efficient system for funding "community" needs?