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.
I would like to see a return to the Coinage Act of 1792, or something very similar. The Act defined the proportional value of gold and silver as 15 units of pure silver to 1 unit of pure gold. Standard gold was defined as 11 parts pure gold to one part alloy composed of silver and copper. Standard silver was defined as 1485 parts pure silver to 179 parts copper alloy. The Act also specified the dollar as the "money of account" of the United States, and directed that all accounts of the federal government be kept in dollars, "dismes", cents, and "milles", a mille being one-tenth of a cent or one-thousandth of a dollar. The silver content of a dollar under this act was almost exactly equal to 1/5 of the silver content of the contemporary British pound sterling, or 4 British shillings.
When I say similar, I mean making coins from the mint the only legal and lawful tender of our Republic, but also making sure it the ratio of silver to gold is correct. Originally, it was set at 15 units of pure silver to 1 unit of pure gold. That was an unintentional mistake because the actual ration at that time was 16 to 1. As long as the ratio's are correct, silver, gold, and even platinum, could be the lawful / legal tender that could not be manipulated by any outside influence or force.
This system has numerous problems and vulnerabilities I have elaborated elsewhere in this thread. Namely:
Hoarding. Such a system is vulnerable to hoarding which has historically been the greatest threat to an economy prior to fractional reserve lending
Tying one metal to another subverts Supply/Demand. It automatically creates a worse vulnerability due to the hoarding problem.
Regulation. Insisting that the government control how free the Market is, gives too much power to the government. Let the Market be Free.
This is truly a mind-blowing thread in many ways.
"It is built into the Constitution. Our government was designed to lead to the point where we are now. It was purposefully designed as a transition away from the monarchies into a world wide government under their control, all under the illusion of "freedom." Could you expand on this or point to a source I can read or listen to?
Plus, a very stupid question in light of everything you've said. But, would you at this point invest in silver coins as a hedge against the collapse of the dollar? Or does it really matter bc we may be able to exchange dollars out for something else of value during whatever transition may come in the future?
These statements are a result of my own investigation. You can read my report here on how The Machine was created, but what is there now is only a start of my report, and doesn't yet get into the government. It is, as of now, only showing that there is a single corporation in the world, and a single body of people that run it. The next section, which I hope to get out very soon, will show that that same group of people (Rockefeller et al) created the entire medical system, they control everything taught in all schools, they control all science, etc.
As for the specifics on government, I have talked about it so much on this board, with details laid out all over, but I haven't really put it into a single comprehensive post.
You can start with this statement I made which opens up the door a little bit, which was in response to this thread The thread has a follow up post with links to the Protocols of the Elders of Zion, which is a fascinating read. Of course the Protocols has been "debunked," but when you learn who "debunked" it, and you really dig into who that person is and when and how they debunked it, it takes on a whole new context. Who that person (Allen Dulles) is, and what he has done and who he works for will be coming out in my report. He's one of the biggest red pills there is, but it takes a fair bit of digging to get the full impact.
I think the "most in one place" details that I have elaborated is contained in a debate I had with bubble_bursts where I go into some pretty good detail on the government problem. It's a pretty long debate though. The culmination is the best part (found here) and might be able to stand alone, but following the whole thread is probably the best way to understand the whole context. The problem is, the conversation branches quite a bit and tries to derail. Following it also requires clicking on the "continue reading thread?" sections that are kinda all over the place. Because it branches, with sometimes multiple responses, it can be hard to follow. Even we got confused on the timing of some responses.
The best evidence is found in the Constitution itself. I'm not sure if I elaborate that in the conversation with bubble_bursts. I do hint at it in the first GAW post linked above (not the first link above, that goes to my website, but the one after), but it is light on details. Again, I have so many posts on this. I really need to put them all in one folder and/or write up something formally (other than in my notes and scattered on GAW). I will do that at some point.
Absolutely. Just because I don't think the destruction of the dollar will be accompanied by a complete destruction of our economy, as some suspect, doesn't mean I think it won't hurt. On the contrary, I think it will hurt quite a bit. It HAS to hurt for people to be willing to choose a different path. The fraud must be completely revealed. That's gonna be accompanied by some pain. I think silver is the very best hedge there is, just because it is so massively undervalued just as a commodity, outside of it's potential value as an intermediary of exchange for barter.
Thank you so much. So kind of you to take the time to give me such a detailed response. I will be digesting it all when I have a quiet moment to do so.