The market will go up….
The concern is inflation.
The founders were very specific on this point: They clearly understood that “money” had to be based on something of intrinsic value to avoid fraud in the monetary system.
They selected gold and silver coin and named it as such in our Constitution:
“No State shall make any Thing but gold and silver Coin a Tender in Payment of Debts;“
We are currently living beyond our means as a society.
We are allowing desperate, destitute people to flood into our country.
We are exporting our jobs and manufacturing base to nations historically hostile to us and we have debased our currency and allowed criminal fraud to run rampant in our banking and financial systems.
At some point a certain inevitably will present itself clearly.
How long until this harbinger arrives and who will suffer the consequences?
Alan Greenspan explains it in this short six page summary
Gold and economic freedom
“In the absence of the gold standard, there is no way to protect savings from confiscation through inflation There is no safe store of value. If there were, the government would have to make its holding illegal, as was done in the case of gold. If everyone decided, for example, to convert all his bank deposits to silver or copper or any other good, and thereafter declined to accept checks as payment for goods, bank deposits would lose their purchasing power and government-created bank credit would be worthless as a claim on goods. The financial policy of the welfare state requires that there be no way for the owners of wealth to protect themselves.”
“This is the shabby secret of the welfare statists' tirades against gold. Deficit spending is simply a scheme for the confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the statists' antagonism toward the gold standard.”
https://youtu.be/O6ayb02bwp0
http://www.usagold.com/publications/greenspan.pdf
An inquiry into the evils of a fluctuating medium of exchange…
A Caveat Against Injustice
http://www.rogershermansociety.org/caveat.htm
“It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.”
-Henry Ford
The few who can understand the system will be either so interested in its profits, or so dependent on its favors, that there will be no opposition from that class, while, on the other hand, that great body of people, mentally incapable of comprehending the tremendous advantage that Capital derives from the system, will bear its burden without complaint and, perhaps, without even suspecting that the system is inimical to their interests."
-Nathan Rothschild
“Fiat currency is an economic whip used to beat the working class”
-anonymous
Richard Russell, one of the world’s most knowledgeable and respected financial advisors recently stated that fiat money is “the greatest fraud ever perpetuated on the American public.” Fiat money is paper currency, backed by nothing of intrinsic value – currency that derives its value solely by the faith placed in it by the people and nations who hold it. Every fiat currency in the history of the world has been devalued by government to the point that it has eventually been rendered worthless. Russell, in a recent article entitled “Fiat Money is Headed to the Graveyard, And The Gold Boom Hasn’t Even Begun” writes, “In the big picture, I believe we’re going to put fiat currency to the test. Fiat money allowed the U.S. to experience boom. Fiat money produced the tech bust, the equities bust and the housing bust. Fiat money is the vehicle that is created and sponsored by the world’s central banks. Fiat money will prove to be a fraud. Out of the graveyard of fiat money will emerge real intrinsic money – gold.”
http://www.monexfraud.com/the-fiat-currency-fraud.php
https://youtu.be/O6ayb02bwp0
Fix this problem, all other problems will sort themselves out.
A BILL:
Be it enacted by the Senate and House of Representa- tives of the United States of America in Congress assembled, SECTION 1. FINDINGS.
Congress finds the following:�(1) The United States dollar has lost 30 per-
cent of its purchasing power since 2000, and 96 per- cent of its purchasing power since the end of the gold standard in 1913.
(2) Under the Federal Reserve’s 2 percent in- flation objective, the dollar loses half of its pur- chasing power every generation, or 35 years.
To define the dollar as a fixed weight of gold.
https://www.congress.gov/115/bills/hr54
Yes, you don’t seem to understand that the recently created stimulus cash will ultimately end up in the markets AND will tend to cause the fiat currency to decrease in value.
(I believe you are too dumb to understand, but perhaps another anon will be helped)