THE GOLD STANDARD

This is to share information regards paper money {fiat currency} when it has Gold Standard Backing. What does that mean? In order to understand the full spectrum take note of the following basic key points.

• In 1933 paper money was backed by 'Gold'. That distinction served as a guarantor which provided the dollar with value. The Dollar was really worth a dollar during that era. Because  "Gold" is real money, however as a medium of exchange for goods and services it was easier and more convenient to transact purchases for personal and business dealings with the use of paper currency. 
• Paper Currency {The US Dollar} has an inscription across the top of it that read, "Silver Certificate". This authenticated the value of the dollar.Thus The US Dollar became  the "World Reserve Currency" Making it a currency acceptable world wide.

Let's move forward to 1963. It was during that period when the "Silver Certificate" was removed from the US Dollar. It was replaced with the inscription, "Federal Reserve Note". Why the change? Well because of massive spiraling out of control Debt by the US Government. US spending was more than the money supply to guarantee payment for Debt incurred. The US Dollar was in decline rendering it 'fiat currency'

• Federal Reserve became the voice that all listened to regards Debt GDP, Stocks, Bonds, etc
• The International Monetary Fund {IMF}, World Bank, and others countries took notice of comments,economic conditions and predictions made by the Federal Reseve

EXAMPLE:

• Let's assume the US Debt was a massive$18 Trillion dollars
  However, the money supply was only $10 Trillion dollars
  Leaving a short fall of $8 Trillion dollars  and there was no money to make payment
  
  
  The President of the US established the Federal Reserve organization for the following reasons:
  • Serve as Guru of all Currency Activities
  • i.e., Generate set and regulate interest rates, provide economic predictions, etc
  comments, economic conditions and prediction made by the Federal Reserve.

Fast forward to 1971, President Richard M. Nixon signed an "Executive Order" which declared an ending to the Gold Standard Backing. This action gave freedom to the US Government to turn on the printing press to create and print paper money flooding the market with fiat dollars with less value. It was basically a promissory note { an I.O.U }

The Standard for paper money became one of:

• Faith, trust, and confidence 
• Simply a hand shake of sorts of a promise to pay

Quantitative Easing

This occurred in many instances under President Bush Jr. and carried over into President Obama administration such as:

• Bail-outs for such companies and organizations as AIG, General Motors, AIG, Freddie Mae, Freddie Mack, and Major Banks
• Stimulus Programs and packages for certain US Projects and certain individuals, especially senior citizens & Social Security recipients.

MAJOR ANNOUNCEMENT EXPECTED SOON FROM THE IMF

Note; Speculations- that it may happen as early as Mid-Oct 2015. The Intel is expected to include:

• Economic status and conditions to occur
• Global Currency Re-set
• What currency will be the "New World Reserve Currency'
• The question is; will it remain the US Dollar or another country's Currency
• The answer is only known by the IMF
• However, much speculations China being a strong contender {currency yuan}

KNOW THIS:

Irrespective of what country currency take the lead:

The Major Remedy, Solution and/or protection for all to seek is:

• Acquire Gold and Silver{ts universally accepted }
• In addition, it is immune to inflation
• Yes, there are Market fluctuations-However, Precious Metals never lose its value

The Best Way to be Protected for the Future {now w/the awareness of Global Currency Re-set and New World Reserve Currency}

• Begin to Acquire precious metals, in particularly Gold & Silver
• Owned Real Estate 
• Educate self on Annuities-make better informed decisions 
• Collectibles is a good bet, i.e., rare coins, art pieces, medallions {US Mint} certain memorabilia 
• Seek Business Investments {or create your own business concept}

KEY POINTS  TO LOOK FOR WHEN ACQUIRING GOLD:

• Identify reputable & credible company
• For Purity and weight make sure it is Certified for Purity and Weight
• It will good to have the Highest Quality which is 999.9 Gold currency bullion
• Also have the Authentication of the LBMA {London Bullion Market Association}
• Build solid foundation for financial portfolio and your future
• Has lasting value, unlike paper both Gold & Silver has great value in times of calamity such as the upcoming announcement from the IMF 
• Provide Gold Storage of large quantities-AT NO COST

For additional information contact: #Move2TheMillion we can help and assist you in an enormity of ways. email; sbrax57@gmail.com, http://sbrax-on-point.blogspot.com see topic: The Gold Standard, 

Edit/compiled by Bishop Steve Braxton, Sr, Partner, The Gold Bullion Network, referral link:

https:www.;karatbars.com/?s=bishop74 watch video youtube https://www.youtube.com/watch?v=03wrMgl725s

Biblical reference-Gold The text mention Gold as a gift from the Magi -three wise men from the east, who payed homage to the new born Jesus Matthew 2:1 see also Genesis 2:10-12, Exodus 12:35-36