Ever since 1933 the Federal Reserve, implementing the proven Rothschild formula, has been slowly orchestrating the demise of the U.S. dollar from a gold and silver backed currency into, in reality, a worthless piece of paper today and also now controls the price of gold and silver. Let me explain how this all came about – how Americans were duped – and what this really means.
So says Michael Noonan (edgetraderplus.com) in edited (and in some instances paraphrased) excerpts from his original article* entitled Gold And Silver – They Are Money!
[The following is presented by Lorimer Wilson, editor of www.FinancialArticleSummariesToday.com and www.munKNEE.com and may have been edited ([ ]), abridged (…) and/or reformatted (some sub-titles and bold/italics emphases) for the sake of clarity and brevity to ensure a fast and easy read. This paragraph must be included in any article re-posting to avoid copyright infringement.]
Noonan goes on to say in further edited excerpts:
The fiat Federal Reserve Note, erroneously referred to as the “dollar,” the Euro, the Yen, the Swiss Franc, and every other Western form of what passes for a country’s currency, is worthless paper money backed by nothing but more worthless paper money. As long as the masses continue to believe the “emperor is wearing clothes,” the elites can perpetuate their massive Ponzi scheme. Let me explain.
What Does “Fiat Currency” Mean?
If you ask most people if they know that fiat currency has no value, they will agree, yet those very same people continue to use the intrinsically worthless paper as though it actually had value! In other words, people are willing to imagine the worthless fiat has the (lack of) value the issuing central bank says it does. The kicker is, everyone who uses fiat-with-no-intrinsic-value is a smart person. Right, but can explain to their 8-year-old son or daughter what fiat currency means? Just imagine the following exchange:
Parent: “It is paper money used to buy and sell goods and services, but it is not really worth anything.”
Son/Daughter: “If it is not worth anything, why use it, and why do other people accept it?”
We cannot justify a worthwhile response without it begging the question, “If everybody else jumped off a cliff, would you, too?”
Parent: “Where is your new bicycle?”
Son/Daughter: “I sold it for $100. See! This man gave me a piece of paper and wrote $100 on it.”
Parent: “Are you crazy! Just because someone tells you a piece of paper is worth $100 does not make it true.”
This would be a good time to stay away from a mirror.
The Value of the U.S. Dollar Prior to 1933
Living in America, prior to the 1930s, if you went into a bank with a US Treasury Note of any denomination, you could exchange it for gold or silver, for all currency was specie-backed, even the Federal Reserve issue, which circulated side-by-side with US
Treasury Notes, (those issued by the U.S. government and not the private corporation known as the Federal Reserve).
The Value of the U.S. Dollar After 1933
After the elites forced the U.S. into bankruptcy in 1933, when FDR declared a bank holiday and shut the system down for several days, when the banks reopened, it was the foreign-owned Federal Reserve that was in charge of the entire banking system, finally. (We add “finally,” because that was the objective of the Rothschilds for over 50 years even before 1933, actually longer, but it gets too complicated to explain.)…Sometime after 1933, a man goes into a bank with a $100 Federal Reserve Note and asks for $50 in gold and $50 in silver. Banker: “Sorry, sir. There is no gold or silver backing for your $100. Would you like two $50 Federal Reserve Notes, instead?” What happened?
When the Federal Reserve Act was passed, two days before Christmas in 1913, when most politicians were home on holiday, the Act was passed with no opposition by the remaining chosen politicians who stayed on, and were well paid to do so by the Rothschild-backed bankers. And so the most treasonous act against the Constitution was passed.
How the U.S. Dollar’s Demise Was Orchestrated
Here is how the rest of the plan was carried out: The Federal Reserve issued its own currency, also specie-backed, to circulate along with the U.S. specie-backed Treasury Notes. This went on for a few decades, which is a short period of time for the Rothschilds. What happened was, people saw the new Federal Reserve Notes, along with Treasury Notes, but it made no difference because both were equally backed by, and could be exchanged for gold and silver on demand, at any bank.
After 1933, when the Federal Reserve took over control of the money supply, it began to slowly withdraw all U.S. specie-backed Treasury Notes and had them destroyed! Nobody paid attention to the disappearance of the U.S. Treasury Notes because Federal Reserve Notes were the same thing, in their minds, and in reality. This was all planned, decades in advance. It was a part of the Rothschild formula for well over a hundred years even before that.
Something else happened very gradually, over time, and almost immediately after 1933. All Federal Reserve Notes that were specie-backed were also withdrawn from circulation. All of the US Treasury currency issued by the United States government had already been removed and destroyed. All that was left were Federal Reserve Notes, backed by the full faith and credit of the United States. Fiat. Again, people had come to accept Federal Reserve Notes in circulation at the same as Treasury Notes, so when all that was left were the Federal Reserve Notes, it did not matter because people could still buy and sell whatever they wanted and did as in times prior to the financial bait-and-switch.
What Happened to Fort Knox’ Gold?
All the gold and silver owned by the United States government was stolen, taken by the elite-owned Federal Reserve central bank. The central bank controlled the government and the media. The public was fed the kind of news that never let on to what happened during those decades, and the public has since been dumbed down even further in all the other decades to date.
In the 1940s, ’50s, and ’60s, one often heard the expression, “The dollar is as good as gold.” That was another Rothschild-inspired idea to implant in the minds of the people, and it worked. Another popular expression related to the gold stored in Fort Knox. No
one ever talks about Fort Knox, anymore, and hasn’t for many decades. Why not? All the gold is gone, and the elites do not want to draw attention to what is not there.
Does the U.S. own any gold, at all? Absolutely, but only on paper, if you believe the paper on which it is written. Has anyone seen any hard evidence of gold stored at Fort Knox? “Here it is, right here on this paper.” Can we see the actual physical gold? “That would be inconvenient, but here it all is, and our ledgers are audited every year.” Hello, Germany, can you hear us now?
A bit of irony that the same people who hold and control Germany’s gold got their start in Frankfort, where the wooden ”red shield” sign used to hang over the door of Mayer Amshel Bauer, he who changed his last name from Bauer to “Red Sign,” or Rotschild.
It is not that far a stretch of one’s imagination, (especially for those who believe in paper fiat), to believe that if a group controls all of the money in existence in the Western world, and also controls almost all of the governments in the Western World, that this group of elites can also just as easily control the price of gold and silver – and they have for many, many decades, and do so to this day. It may well be that they have had to sell all their holdings to rising Eastern countries, but their grip on nations, and certainly on the powerless people who inhabit those nations is stronger than ever.
[Editor’s Note: The author’s views and conclusions in the above article are unaltered and no personal comments have been included to maintain the integrity of the original post. Furthermore, the views, conclusions and any recommendations offered in this article are not to be construed as an endorsement of such by the editor.]
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