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Things You Probably Didn't Learn in School about:

CHAVEZ DEMANDS THE RETURN OF VENEZUELA’S GOLD

April 18, 2017, Hugo Chavez is ‘spinning in his grave:’ http://www.zerohedge.com/news/2017-04-18/maduro-said-prepare-swap-venezuelas-gold-dollars-stay-power-unconstitutionally Venezuela’s Hugo Chavez carried out his threat to nationalize gold mines August 23, 2011. He then demanded the return of 210 metric tons of gold the country had stored in the Bank of England and other bullion banks. The Venezuelan gold bullion held in […]

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END OF AFRICAN GOLD STANDARD – THE OIL / DOLLAR RELATIONSHIP

Oil producing countries measure the value of the U.S. dollar by the price of gold. When the Organization of Petroleum-Exporting Countries [OPEC] was formed, the value of the dollar was 1/35th of one ounce of gold. The dollar is now worth about 1/1,375th of a 1 oz American Eagle gold coin.   Because of the dollar’s loss of purchasing power, oil producing […]

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Audit Fort Knox

After World War II, the United States government and citizens owned as much as 80% of the gold in the world. More than half of the gold was stored at Fort Knox. Many in high places have suggested there is precious little gold in those vaults today. No one has been allowed to audit Fort Knox since the Eisenhower Administration (1955). […]

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The Invisible Tax is Theft.

The Golden Age of any society directly corresponds to its use of gold and silver money. Real money produces economic freedom. Maximum productivity is the result. When England and America were on a gold standard, the merchant class expanded and the people flourished. Now that the United States and Europe have debased their currencies, most […]

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Weights, Measures & Balancing Scales

CONTENTS: Ancient Monetary Weights: TALENT, MANEH, SHEKEL, GERAH, BEKAH; TROY Weights; METRIC Weights; CARAT Weights; KARAT Purity; MILLESIMAL Fineness; FAR EAST Weights; British POUND (Sovereign, Pennyweight, Pound Sterling); DOLLAR (Old U.S. Gold Coins); Historical GOLD–SILVER RATIOS; U.S. 90% Silver Coins, Gold/ Silver Eagles; BIBLE Weights (Conversion TABLE); WORLD COINS (Gold Contents). Gold and silver are like no other currencies and no other […]

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GOLD & SILVER BASICS

There are two precious metals markets: the physicals market and the paper market. Pay attention to the physicals market. It is the real market for gold and silver in the same way houses and commercial properties (rather than mortgage-backed securities) are the true real estate markets.   4 BILLION PEOPLE PREFER PHYSICAL BULLION. People in the Far East and […]

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GOLD, the PETRO-DOLLAR & U.S. FOREIGN POLICY

For more than seventy years, the United States dollar has been the reserve currency for the globe. After World War II until quite recently, more than 70% of all foreign exchange transactions and 40% of all world exports have been denominated in dollars. The U.S. dollar will remain the world’s reserve currency as long as OPEC […]

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