How You Can Buy A Real Dollar For 50 Cents

A one dollar paper note is the lowest value note in U.S. currency and weighs one gram. On the other hand, silver is trading at around $15.60 per oz which equates to 50c per gram.

So the question is “which do you buy, silver at 50c per gram or paper at $1 per gram?

 The above is irrefutable proof of the fraud that has been perpetrated upon a gullible and uninformed public. A public made up of savers, investors and retirees. A fraud that has been going on for decades as governments have sought to buy votes and execute wars through the creation of debt either by borrowing from foreigners, misappropriation of the social security contributions of taxpayers or running the printing press and thus further inflating the supply of worthless money.

The US dollar (amongst other currencies) is clearly monopoly money for two reasons:

1.     Its value is being stripped year after year and

2.     Government is the only one with a monopoly over its production.

In fact you only have to observe the glee of children (and even adults) when they collect $200 as they pass GO when playing monopoly. It is then that you are struck with the realization of what damage decades of paper money usage has done to our intellect and wealth.

The day will eventually come when currencies are no longer made of paper or cheap metal. Nor will they be marked as dollars, yen or pesos. They will be marked as ½ oz, ¼oz and so on. Prices will be stated in a percentage of either a gold or silver oz. We will return to the days when people in the US could take their silver to the mint and have it turned into coin. This is what Ron Paul is effectively striving for.

Printing and devaluations of currencies will not be possible by government edict. Only the silver and gold value of goods and services will alter. Individuals and nations that wish to be more competitive will either have to work harder, work smarter or drop the gold and silver price of their goods and services.  Moreover, there will be no issues of convertibility between nations.

By bringing in a one world currency it will not be necessary to bring in a one world government which in turn has its own set of nightmare scenarios. In fact, one only has to look at the current situation in Europe to understand this. More importantly, the circulation of gold and silver can facilitate commerce even where law and order has broken down for any reason. Paper currency cannot do this. The out of control process of credit creation can also not achieve this.

In the meantime, the signs are already there and are only growing bigger and louder by the day. The time will come when retirees will not be able to draw anything more than an annuity from their retirement funds and anything that is left will go to the government. Estate taxes will increase and eventually medical costs will be reined in by limiting the extent of care given to the elderly in the last 6 months of their lives. The guess about what is the “last six months” will be theirs and not yours. And before I forget, get ready for retirement age to be increased to 70 as they convince us that we are living longer and stronger lives.

The day will arrive when 2 grams of silver will carry you a lot further than the one gram of paper in the one dollar bill. It is therefore incumbent upon all of us to make provision for our old age in a medium that cannot be bastardized by the printing press or government laws.

When the lowest common denominator of paper currency outstrips the value of a metal that has been constantly used and valued through centuries by a margin of two to one, it is time to take control and care of your own future because no one else will.

Just keep in mind that all the soothing talk of Messrs Greenspan, Bernanke, Paulson and Geithner, have all proven to be well short of the mark. Politicians can never be sued for negligence. They can only be voted out and replaced by equally negligent and clueless politicians.

Cast your vote today in favour of gold and silver, and be sure that your candidates will always be working for your interests – night and day and without pay. If you cannot see your way clear to at least buying half price silver today, then what more can I say? The chances are that with silver and gold you will retire sooner, live better and live longer. Moreover, the choice is yours but not forever.

Peter Souleles