Guns Gold & Silver

Our founding fathers knew it could become a problem, in fact they were very specific when they wrote the Coinage Act of 1792. I'm also sure that when President George Washington signed this act into law May 8th 1792, he could have never imagined the abomination that would eventually become the "fiat" United States monetary system and a devastated dollar. George would have been very dismayed with the base metal slugs we now call coins, except for the "nickel" which is still in it's original copper nickel composition, although I'm sure the U.S. Mint can not continue minting nickels at a loss much longer. The fact of the matter is that our monetary system from the ground up, has been destroyed. At this point what we all need to do is start asking ourselves what we really believe? #1- Do you think our monetary system is in trouble? #2- Do you think our government is helping the situation or hurting it? #3- Are you thinking it won't affect you? ...

United States of America   Money Law Read the complete original act "No State shall enter into any treaty, alliance, or confederation; grant letters of marque and reprisal; coin money; emit letters 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." Article I, Section 10, CONSTITUTION OF THE UNITED STATES OF AMERICA The Coinage Act of April 2, 1792 (1 Stat. 246) Mint established at the seat of government. Section I. Be it enacted by the Senate and House of Representatives of the United States of American in Congress assembled, and it is hereby enacted and declared, That a mint for the purpose of a national coinage be, and the same is established, to be situate and carried on at the seat of the government of the United States . . . The US Mint The place where people brought their gold and silver ...

Mass Inflation Ahead -- Save Your Nickels! By James Wesley, Rawles -- Editor of www.SurvivalBlog.com Updated, February, 2010 I've often mused about how fun it would be to have a time machine and travel back to the early 1960s, and go on a pre-inflation shopping spree. In that era, most used cars were less than $800, and a new-in-the box Colt .45 Automatic sold for $60. In particular, it would be great to go back and get a huge pile of rolls of then-circulating US silver dimes, quarters, and half dollars  at   face value . (With silver presently around $15.50 per ounce, the US 90% silver (1964 and earlier) coinage is selling wholesale at 11 times face value--that is $11,000 for a $1,000 face value bag.) The disappearance of 90% silver coins from circulation in the US in the mid-1960s beautifully illustrated  Gresham's Law : "Bad Money Drives Out Good." People quickly realized that the  debased  copper sandwich coins were bogus, so anyone with half ...