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[Brian Beneteau]

World economies rely on gold? Where, exactly is that gold? Who owns it ? Not talking about the gold my Dad owned . Where is THE GOLD?! Fort Knox?

Is it in Fort Knox? Who knows. The last audit was done by the Eisenhower administration I believe.
The United States owns gold. Why do they not sell it off at these historically high prices and get out of debt? What would they be paid with? US dollars? We know what they are worth.
Why has China doubled their gold reserves in the last year or so? The hold $2 trillion USD and they are spending it on gold as fast as they can. They know that, as history has shown, the US will not sell it's own gold for USD's. Nixon put a stop to that, and screwed over France, UK, etc. Of course we have the military power to do that, and why would China think that we would treat them any differently.

[jbs49238]

Perhaps a look back in history would prove your statement incorrect, however, to each his or her own. Some can keep Beanie Babies, others can keep baseball cards, many would keep USD. Of course those with Beanie's and baseball cards know that those items were collectibles, not monetary items that world economies rely on.

And some people diversify and own a little bit of alot of things.

[SMASH]

SMASH,

Funny the last time I bought gas I paid $3 (DOLLARS) and 38cents (FRACTION OF A DOLLAR) not $3.38FRN.  Silver is still bought and sold on the open market in US dollars.  Not US FRN account dollars or whatever you want to call them.  You post was a waste of time, however I am not surprised that was the best response you could muster after 4 1/2 days (or should I call them US calander accounting units?). 

And it is good to know you consider your candidate a baboon.

OK let's see. It seems as though you and I get caught up on semantics and definitions.
How about if I clarify where I am coming from?
The following is an example of one of your sentences, and the definitions of the terms I use when conversing on this subject.

Funny the last time I bought gas I paid $3 (DOLLARS) and 38cents (FRACTION OF A DOLLAR) not $3.38FRN.

If you used the common green currency you used FRN's and their factional denomination "coins". FRN is clearly printed by our Treasury Dept. on the Feds Bills. Top line; Take a look.
The US Treasury and ONLY the US Treasury is allowed to "coin" the currency of the US of A, period, end of discussion.
Article 1, Section 8, Clauses 5 and 6.

If you really spent US Dollars, which I doubt, you made someones day and hosed yourself.
Since US Dollars have not been in circulation for so long I'm surprised you were not arrested for attempting to pass fake currency.
US Dollars look nothing like their currently kited FRN counterparts!


Dollar= Public domain name for many currencies.
Dollar Symbol=$=Public domain symbol.

U.S. Dollar=One ounce silver.
U.S. Federal Reserve Note= Federal Reserve Unit of Account Dollar

Note=Debt

Dr. Edwin Vieira, J.D. holds four degrees from Harvard and practices law before the United States Supreme Court.  I highly recommend reading Dr. Vieira’s entire essay, What Is A Dollar?, which is quoted only in small part here:

Unfortunately, the present monetary statutes do not define the “dollar” in an intelligible fashion.
 
a. Federal Reserve Notes. Most people associate the noun “dollar” with the Federal Reserve Note (“FRN”) “dollar bill,” engraved with the portrait of President George Washington. This association is mistaken.
 
No statute defines – or ever has defined – the “one dollar” FRN as the ”dollar,” or even as a species of “dollar.” Moreover, the United States Code provides that FRNs “shall be redeemed in lawful money on demand at the Treasury Department of the United States * * * or at any Federal Reserve bank.”4 Thus, FRNs are not themselves “lawful money” – otherwise, they would not be “redeemable in lawful money.” And if FRNs are not even “lawful money,” it is inconceivable that they are somehow “dollars,” the very units in which all “United States money is expressed.”5
http://www.fame.org/HTM/Vieira_Edwin_What_is_a_Dollar_EV-002.HTM

Unit of Account=A unit of account is a standard monetary unit of measurement of value/cost of goods, services, or assets.
http://en.wikipedia.org/wiki/Unit_of_account

Or, you could say Value vs. Cost of goods.

NORFED Liberty Dollar=Various amounts of Liberty Dollars. As publicly stated by them; Not to be confused with the FRN by any means!
Many private currencies use the word dollar as their unit of measurement.

Any questions?
Fire away.

[jbs49238]

Last I checked there was never a full ounce of silver in a dollar SMASH.

Unless of course you are talking about the current US Mint 1oz coin that says a dollar on it.  The Silver Eagles are a 1oz silver round minted by the US government and is just as much a currency as a Johnson Matheny 1oz round of the same purity.  Both have about the same value (although for some reason even anti-gummit folks like you place a premium on the US government mint's version of the 1 ounce round), but neither are money and they are both worthless until someone offers you money or goods in exchange. 

So do you spend those as dollars yourself or do you turn them into make $30+ FRN's to go to the store?  You know 30 dollar bills!

[jbs49238]

If your claim is that 1 US Dollar = 1 ounce of silver, then I have a deal for you... you can double you money right now.

I will bring you 200 rolls ($100) of pre 1964 copper cents (I'm a fair fella I'll even throw in some wheats and Indian Head cents) in return for only 50 ounces of silver.  You can then turn around and trade it even steven to your buddies who think the same as you do and double up your silver.

Right?

Or is there something that would preclude you from making that just legal trade for "real money"?  Anything?  Care to put your silver where your mouth is?  I'll even go pre 1964 nickels if you want well just not the silver ones.

[LessGovernment]

One Hundred Million Dollar Penny

[ussoccer26]

RON PAUL PWNS BERNANKE

[SMASH]

It only took Bernanke and the Fed 6000 years to come up with the FACT gold is not money.

The blank look and the pause ROCKS!

[Baby Hitler]

It only took Bernanke and the Fed 6000 years to come up with the FACT gold is not money.

The blank look and the pause ROCKS!

6000 years? 

[ussoccer26]

One Hundred Million Dollar Penny

Good God! What an obscene waste of money. I mean, I knew how much money they got in the bailout, but to see a visual demonstration of such a grotesque amount....god almighty.

[jbs49238]

It only took Bernanke and the Fed 6000 years to come up with the FACT gold is not money.

The blank look and the pause ROCKS!

Is that a "NO" on the Constitutional Money sale then?

Yup SMASH and Ron Paul are two peas in the same pod, cut from the same cloth, etc., etc.

Neither put their money where their mouths are.

SMASH: 1 US Dollar = 1 ounce of silver!  Yet, will he trade an ounce of silver for $2 of copper pennies from pre 1964 effectively doubling his money?  NO!

Ron Paul:  Big government is evil, and earmarks are bad.... could you throw that pork project in your bill for me please so I can vote for it?  THANKS!

And the two answers to those questions pretty much sum up what is the right answer as to electing Ron Paul and/or going back to backing our currency by metals.... NO THANKS!!!

[Frenchfry]

Ron Paul is a Joke Part 3

[jbs49238]

Is that a "NO" on the Constitutional Money sale then?

Yup SMASH and Ron Paul are two peas in the same pod, cut from the same cloth, etc., etc.

Neither put their money where their mouths are.

SMASH: 1 US Dollar = 1 ounce of silver!  Yet, will he trade an ounce of silver for $2 of copper pennies from pre 1964 effectively doubling his money?  NO!

Ron Paul:  Big government is evil, and earmarks are bad.... could you throw that pork project in your bill for me please so I can vote for it?  THANKS!

And the two answers to those questions pretty much sum up what is the right answer as to electing Ron Paul and/or going back to backing our currency by metals.... NO THANKS!!!

SMASH,

I didn't really think you would have an answer for this anyways.  I offered you a chance to double your "money" and you stood mute! 

Thanks for playing.

[SMASH]

SMASH,

I didn't really think you would have an answer for this anyways.  I offered you a chance to double your "money" and you stood mute! 

Thanks for playing.

I'm not playing bub.

I'm recouperating a wife who was cut from port to starboard across her hips to remove some heinous pelvic tumors.

This topic, in this forum, is not where I spend my life.

[jbs49238]

I'm not playing bub.

I'm recouperating a wife who was cut from port to starboard across her hips to remove some heinous pelvic tumors.

This topic, in this forum, is not where I spend my life.

Oh I figured the 21 posts since then (some quite lengthy with impressive copy/paste work) in the other threads were an indicator that you actually did have more time to answer a direct question in a quick manner.  Silly me.  I think you have been on quite a bit more than I have since the last time you posted ref. the surgury and it causing you not to be able to answer questions.

It was a pretty direct question which should be a pretty easy go if you really believe what you type.

Just let us know when it is OK to start asking you direct questions again... would hate to take time away from your other threads... err family.