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Wednesday, January 19, 2011

Ireland Begins to Print It's Own Euros.

Leave it to Ireland to destroy the European Union. Sigmund Freud said the Irish were the only race that cannot be psycho-analyzed. Ireland by launching it's own fiat currency printing press has started the destruction of the Euro as a currency. They are now treading the same path as the Federal Reserve which has embarked on a systematic inflation of the federal reserve note which will lead to a de-valuation perhaps as high as 70% in 2011.

Daily Bell
Dominant Social Theme: The heck with a single currency. Oh, wait ... let everyone print it.

Free-Market Analysis: Was this the week the euro gave up the ghost and the EU threw in the proverbial towel? Analyzing the Anglosphere's dominant social themes is not an easy avocation and one looks for documentable breakthroughs. We have been fortunate to find several during the timeframe of this young publication but are always looking for more. Irish printing of euros seems to fit our criterion of a demonstrably significant event. (Information that makes you sit up straight and go "Wha?")

The one that stands out the most for us previously (as we have mentioned before) was the Congressional appearance of Federal Reserve Inspector General Elizabeth Coleman. It was perhaps the single worst appearance of any official in the history of such appearances and left no doubt that the Fed had not a clue about how to handle the fallout from its various monetary insanities. See our article on that episode here:


Now comes Ireland. In news reports that have thus far not attracted much attention, the Irish Central Bank has been printing euros out of thin air to prop up its ailing banks. The whole of Europe will pay for this action, as the result will be increased euro-zone price inflation. We can only imagine the reactions of Germans if this continues – though apparently the Irish action is legal from the EU's standpoint so long as the ECB is "informed" in advance and approves. As is often the case, we doubted our reaction to the news, so we went trolling the ‘Net to see if anyone shared our instinctive reaction that this was overwhelmingly bad news for the euro. Here's one comment we found:

Wait... have I just slipped into a parallel universe? Is this some sort of early April's fools joke? Doesn't this defeat the entire point of a single currency and the ECB? Were the rules changed on the quiet without anyone noticing?

Greece.... Greece are going to go f***ing apesh!t. They were forced to go begging to the IMF.... when the Greek people find out the [Irish] central bank is allowed to just print money, they are going to riot and demand tax cuts and benefits rising and massive spending. The Germans... well the Germans are just going to totally lose it. They've been told they should pay higher taxes to help the PIIGS, now they are being told the PIIGS can prints EUROS at will?

It's impossible to overstate the importance of this... this is it... game over. The EU has weeks maybe days left. I this really is true, this is the biggest news story since world war 2 finished, and may even lead to world war 3.
Cont' @ Source

What can one do to preserve their wealth? Dump your 401K plans that Obama is setting up to be nationalized. That is the real reason behind the shooting in Tucson. The judge was the target, who blocked the implementation of the seizure of 401K plans in Arizona. Paul Bea 800-949-4653 x2172 is my monex representative, he can answer all question on Silver. 100oz min. Use Kevin from goldmoneybill.org as a referral.

Tuesday, January 18, 2011

Gold or Cash? Cash or Gold?

Great video, shows the historical value of gold in terms of real worth and it's value in today's market in terms of tangible goods and the value of the dollar. It will shock even the hardened Keynesian supporter.

Silver though is an even better value. Silver is currently 45-1 to gold, where the historical relationship is 15-1. Paul Bea Monex is my silver retailer. 800-949-4653 x2172 use Kevin from Goldmoneybill.org as a referral to support this site.

Saturday, January 8, 2011

10 States Now Want Gold Currency Bill

The original was the New Hampshire Gold Currency bill, found at Goldmoneybill.org You can download a copy of the bill and have it modified it is federal compliant written by Dr. Edwin Vieira.

Legislators in at least ten states have introduced bills in the past few years to allow state commerce to be conducted with gold and silver.

As we reported, Georgia state Rep. Bobby Franklin (R) recently reintroduced legislation to force his state to conduct all monetary transactions with U.S. gold or silver coins -- including the payment of taxes.

The Georgia bill has a long way to go before become law -- but it's by no means the only state that's considering a future in gold. Lawmakers in Montana, Missouri, Colorado, Idaho, Indiana, New Hampshire, South Carolina, Utah, and Washington have proposed legislation, mostly in 2009, to include gold and silver in its accepted currency forms. Continued at Source
To help speed the process along, converting to hard currency now is a must. It is the only thing that will End the Fed. You need to begin to accumulate real money.
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Monday, January 3, 2011

Silver to be worth more than Gold in Next Decade

Here is a stat from the video to chew on. World Population up 176% since 1980 Global GDP up 600% Above ground Gold up 600% Above Ground Silver down 91% Silver price down 46%. Time to buy Silver. Not only will you be aiding the death of the FED you will be preserving your wealth from the government filth that is trying to steal it.

Paul Bea @ Monex for low-price Silver the largest retailer in the US. 100oz min on Silver. 800-949-4653 x2172 use Kevin from Goldmoneybill.org as referral to help support this site and spread the message of the return of Soundmoney. Congratulations to Ron Paul for heading the House finance sub-committee, may be bite be more than his bark.

Saturday, January 1, 2011

FED Gives Away 12 Trillion dollars to Banks

A crime so large our eyes just glaze over. The deer in the headlights we are, digest this information they get angry. We need productive pro-active action at this point. Support Ron Paul like a crack addict needing a fix in his upcoming battle with the Fed as the head of the house finance committee. Audit the Fed? How about citizen's arrests? We can try them in our common law courts.

Another method to destroy the banks and the Fed is to convert to real currency, Silver. Silver just broke another 30 year high, jumping to $30.93. We will just be getting started when it's breaks it's 1980 high of $52. Paul Bea Monex low cost silver retailer, 100oz min. US Eagles. 800-949-4653 x2172 use Kevin from UScivilflags as referral.
Codex, banning of organic farming by you the individual is all a function of the Federal Reserve. Get rid of the Fed and we live in the real world again.