Part I of this series provided what (for some) is a revelation: the absurd, $5 face-value on our legal tender, minted silver coins is not some totally arbitrary anomaly. Rather, it was a part of the strategy of the One Bank to pretend that its fraudulent paper currencies were not (and are not) losing value at a catastrophic rate.
The banksters did this in a multi-pronged approach. They selected the approximate price for silver which existed at the time that Paul Volcker assassinated the gold standard, and used that number ($5) as their nominal face-value for our coins. Then they attempted to freeze-forever the market price for silver at that $5-level. It was never a viable long-term strategy; but being psychopaths, that didn’t stop the banksters from pursuing it.
While our mystery is solved with respect to our silver coins; what about our gold coins? Here we can be unequivocal: the face-value on our legal tender gold coins is entirely arbitrary – in absolute terms. At no time since Volcker assassinated the gold standard has the price for gold been lower than $200/oz, and for most of that time it was above $300/oz, many multiples of the ridiculous $50 face-value.
Those playing Devil’s Advocate could argue that the reason our coins currently have a $50 face-value in both Canada and the U.S. was because Canada originally chose that face-value when it began minting Gold Maples in 1979. The rebuttal to that line of reasoning is simple: when has the United States ever considered itself bound by any “standards” set by another nation(s)?
The One Bank has consciously chosen to have the U.S. act as a “rogue regime” in virtually every sphere of international relations. It regularly initiates unilateral acts of war, and while it regularly signs various treaties with other nations (i.e. trade pacts and arms-limitation agreements), it finds it impossible to abide by the terms of these international agreements for any length of time.
Clearly if the U.S. government (meaning the One Bank) would have preferred a different, arbitrary face-value for its own minted coins, it would have chosen that number – and then pressured Canada’s government/mint to accede to the American “standard”. We must therefore conclude that the nominal $50 face-value on these minted gold coins was a deliberate choice, and not merely some ‘accident of history’.
With the $50 face-value having absolutely no significance in absolute terms, we must look for relevance in relative terms, i.e. in relation to the nominal face-value of our silver coins. It is here where we gain further insight, in the form of the price ratio, 10:1.
Historically, over literally thousands of years, the gold/silver price ratio remained relatively constant, near 15:1. This price ratio is a natural reflection of the supply ratio of the two metals (within the Earth’s crust), 17:1. Yet we are told via the propaganda of the Corporate media that the “normal” price ratio for silver to gold is supposedly in the range of 50:1 to 70:1 – the perverted extremes which are/were the direct product of the One Bank’s serial suppression of the price of silver.
Even as the physical (supply) ratio between these two metals has steadily narrowed due to the destruction of silver stockpiles; the Corporate media has maintained this ludicrous fiction regarding the price ratio. Yet here we get a rare glimpse into the actual thinking of these banksters regarding the pricing of these metals.
They consciously chose $5/oz as their “correct price” for silver, and then consciously chose what we must assume was their “correct price” for gold in relation to the price of silver: $50/oz – a 10:1 ratio. Knowing that the erosion of silver stockpiles had already begun accelerating by the mid-1980’s; the natural presumption is that the chosen price ratio in the mid-1980’s reflected the actual (above-ground) supply ratio of the two metals. But the majority of the decimation of silver stockpiles took place after the mid-1980’s, after the banksters had taken the price of silver to a 600-year low (in real dollars).
Why manipulate the price of silver to absurd ratios of 50:1 or 70:1, when the banksters themselves knew that a rational/appropriate price-ratio for the two metals (as of the mid-1980’s) was 10:1? Simple. This relates directly back to what was said in Part I: it is silver which is the more-important of these two monetary metals (in the crimes of the One Bank). It was/is silver which these Criminals are obsessed with keeping out of the hands of the Average Person.
How best to accomplish this? (Attempt to) hoard that silver, and the silver still exists – and is subject to the risk that the banksters’ own greed would cause them to disgorge that silver onto the market, at some point. But destroy all that silver, by having it “consumed” (i.e. strewn amongst the landfills of the world), and you keep the Peoples’ Money out of the peoples’ hands, forever.
The 10:1 gold/silver price ratio which the One Bank chose as the legal/nominal price ratio, and the (approximate) 60:1 market price ratio it has imposed upon us tells us several things. It provides a metric to show the much more extreme level of silver-manipulation versus gold-manipulation, as shown (empirically) through the more-extreme level of silver-shorting.
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