For those who weren't here when it was introduced.
House Bill 5404 - To define the dollar as a fixed weight of gold.
https://www.congress.gov/bill/115th-congress/house-bill/5404/text
For those who weren't here when it was introduced.
House Bill 5404 - To define the dollar as a fixed weight of gold.
https://www.congress.gov/bill/115th-congress/house-bill/5404/text
>Effective 30 months after the date of enactment of this Actโ
>(1) the Secretary of the Treasury (in this Act referred to as the โSecretaryโ) shall define the dollar in terms of a fixed weight of gold, based on that dayโs closing market price of gold; and
>(2) Federal Reserve Banks shall make Federal Reserve notes exchangeable with gold at the statutory gold definition of the dollar.
Note that coins aren't mentioned. Since they're coined directly by the treasury, it's possible that clad coins could exchange without being discounted.
(If this bill is the way POTUS plans to do it)
POTUS loves 4D chess.
Is the cabal sitting on a huge naked short position for silver and gold?
Have fun with it, anon.
Good, but not quite this good.
>should help him buy gold
Not if you don't understand the market and premiums.
If you're going to jump in anyway, I'd recommend sticking with US mint eagles or buffaloes. Buffaloes have a higher premium, but hold it better. APMEX or Provident are usually the best places to buy.
Why not stick with the constitutional definition?
Sure, normies will freak when they start working for a dollar an hour, but they'll get over it.
Hi POTUS! Thanks for the thumbs up!