brinny
New member
astute observation/insight there, bro'
Anyone Paying ATTENTION? Governor of Texas just...
- Thread starter THall
- Start date
astute observation/insight there, bro'
Shhhhhhhhhhh! AforT might hear ... she thinks I'm a troll.
brinny
New member
LOL!
Nazaroo
New member
bwaaa ha ha ha.
Bush and his croneys stole the gold during 9/11.
Good luck tracking that operation.
https://www.youtube.com/watch?v=BkPRskciqVM
http://www.forbiddenknowledgetv.com...ia/911-wtc-17-billion-in-bullion-missing.html
https://911justicehalifax.wordpress.com/2012/09/16/wtc-9-11-biggest-gold-heist-in-history/
Hmmmmmmm......
Mocking You
New member
:
This has little or nothing to do with my point. My point was if people put their physical gold in the Texas depository and when the crap hits the fan they come to collect it, I'm saying they won't be able to get it.
I'm well aware that citizens cannot redeem their paper money for gold. That's been true since FDR decreed it back in 1933.
I'm not saying the (hypothetical) Texas depository would be empty of gold, I'm saying when Armageddon happens, the Texas officials will not release YOUR gold into YOUR possession. They'll just keep it for themselves, most likely.
Mocking You
New member
No, the US Constitution merely says that Congress shall have the power to coin money.
"To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures" --Article 1, sec. 8, clause 5.
There is no mention of gold or silver.
brinny
New member
Mocking You
New member
That the Congress has the power to create money, in those days it was by making coins (but doesn't literally need to be coins). There is no mention of gold or silver.
And that Congress has the power to define the system of standard weights and measures to be used, i.e. English system of inches, pounds, gallons vs. Metric system of centimeters, kilograms, and liters.
Article 1 section 10:
No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts; pass any Bill of Attainder, ex post facto Law, or Law impairing the Obligation of Contracts, or grant any Title of Nobility.
No State shall, without the Consent of the Congress, lay any Imposts or Duties on Imports or Exports, except what may be absolutely necessary for executing it's inspection Laws: and the net Produce of all Duties and Imposts, laid by any State on Imports or Exports, shall be for the Use of the Treasury of the United States; and all such Laws shall be subject to the Revision and Control of the Congress.
No State shall, without the Consent of Congress, lay any duty of Tonnage, keep Troops, or Ships of War in time of Peace, enter into any Agreement or Compact with another State, or with a foreign Power, or engage in War, unless actually invaded, or in such imminent Danger as will not admit of delay.
Now, if you want some real fun, run down the term "title of nobility" when you are done mocking, bright boy.
Ask Mr. Religion
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I always assumed 400 troy ounces was the standard for a single gold bullion. The above is about 6+ lbs per bar.
AMR
Well, it was noted that it was an "unusual transaction" no?
Mocking You
New member
I might do that if you will learn the intention of this clause in the Tenth Amendment, which is to limit STATES from issuing paper money not backed with gold or silver. If every state were to print paper money with no standard of worth backing it, i.e. gold and/or silver there would be confusion when trade was conducted between states. A secondary idea is to simply not have states make their own money.
There is nothing in there about the federal government being restricted from doing so. In fact, the entire 10th amendment is about the limits on states power.
I thought you knew that. Oh well.
Mocking You
New member
Well, if you knew that a "bill of credit" is paper money, you wouldn't be confused.
What you know about our monetary system and the history of it would rattle in a thimble. Have a look at this and get back with me latter.
https://archive.org/details/CreatureFromJekyllIslandByG.Edward-G.EdwardGriffin
https://archive.org/details/CreatureFromJekyllIslandByG.Edward-G.EdwardGriffin
Mocking You
New member
If your knowledge of money were to be shoved up the keester of a flea, it would rattle around like a ping pong ball in a railroad boxcar.
Translation: Read propaganda about conspiracy theories.
No thanks.
Been there. Done that.
Mocking You
New member
Your proctologist called - - he's found your head.
Foxfire
Well-known member
The larger 400 oz bars are typical for mass bulk storage for gold reserves and central banks, but smaller ingots are not uncommon.
The 1,000 gram (32.15 troy oz) "Kilo bars", even smaller than those described in the above post, are used extensively for trading and investment.