Originally posted on Asylum Watch:
Today’s Guest Saturday post comes to us from Brian of the Frankenstein Government blog. Brian raises a subject that most never think about; but maybe they should. He published this article originally on November 5, 2012.
Why Did the Government Steal Our Gold in 1933…
…and more importantly, how will they do it again?
I don’t know if any of you have been watching this, but a number of countries are repatriating their gold. Bringing it home from money center places where it is stored, places like London and New York City. Gold is a medium of exchange and collateral. It is and has always been, real money. In the old days when we actually backed our currency with gold, trade imbalances were settled with gold. Rather than send the heavy metal to and fro- we simply added and subtracted reserves in places where international commerce was conducted. That’s…
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