Hi P,

How are you?

What did you think of my responses to your recent posts?

My best,

BAIRES2

Thanks P,

Could you please post this or some adaptation of it on the forum?

Thanks,
BAIRES2

Puzzleman on October 05, 2014 09:10 said:
--------------------------------------------------
Hi BAIRES2,

1st the inflation/deflation question. Nenner appears to be saying that since the dollar has grown stronger in the basket of currencies in which it is measured it is INFLATING (or increasing in value). It is far more likely that the other currencies are just DEVALUING faster. The number one reason a currency loses value is because more of that currency is printed. So it is possible that the other currencies are being devalued faster than the dollar (hence the dollar rises, relatively speaking, within its basket). Since the gold price is manipulated (the gold price isn't real); there is therefore no true measure of the value of any currency. They can all stay the same relative to one another while all are printed to oblivion as in Zimbabwe. Additionally, as people feel the pinch their spending tightens. This slows down the velocity of money so prices rises are less noticeable than they would/should be. The devaluation (or currency destruction) is only very partially experienced. Believe me the day will come when the currency will buy next to nothing.

The only true measure of a currency is how many of units of that currency are in existence. Of course confidence also plays into the purchasing power of a currency and keeping confidence is the name of the game. Once confidence is gone the game collapses. The U.S. dollar has been printed to such an extent that it will only buy 2% of the goods and services it would have bought in the early 1900's; yet if were measured against a basket of currencies then as opposed to now it would likely appear to have gotten much stronger. It is all bullcrap.

The people who print the money get to spend it at full value. As the money supply increases each unit gradually becomes worth less as the system adjusts to the new lower value. If somebody left you an inheritance of $100,000 in 1913 they left you a tidy sum equivalent in today's money of five million dollars. But what can you buy today with $100,000? Maybe one brief stay in a hospital? All the money that sits in the bank is daily having its purchasing power stolen. This is by design. AND the designer's of this system have altered the definitions of inflation and deflation to hide their scam.

Watch the "Hidden Secrets of Money" presentations by Mike Maloney if you don't understand this.

When Nenner or anyone else starts talking about inflation or deflation in terms other than the real definition, I just turn away and shake my head. I don't even want to hear what they have to say.

They are either blithering idiots or active disinformation proponents.

OK That was point #1. Point #2 should be less wordy.

Selling gold into the market for meager profits, say 10% of the price of production might keep the company alive, BUT it it will also prolong the day when all this resolves itself.

The only way to stop those involved in this continuing "paper gold" scheme is to force "failures to deliver." As long as those responsible can take from Peter to pay off Paul or to borrow from Jane to supply Sally the scam will continue.

Once a few major "failure to delivers" occur it will become obvious that there is very little real gold and practically no real silver; then the market will swamp the manipulators.

If I were in Tyhee's shoes I would not sell my gold output into the market but would make private deals with countries who wish to increase their gold supply; countries who will not turn around and release the gold into the market. I would only sell to countries who have, in effect, an insatiable demand for gold. I.e. they will buy all they can in the markets and all they can privately and none of it will ever see the light of day until there is a new monetary system with gold being a large part of the currency's backing.

Even Woodrow Wilson, the president that allowed the creation of the current U.S. banking system years later realized he had ruined the country and felt some degree of remorse.

Watch the presentation (30 min. video) on the book The Creature from Jekyll Island by G. Edward Griffin for a background as to how all this lunacy got started.

Hope this helps and finds you well,
P.