All the Gold ever extracted is 160,000 tons (in 2009) , The American Debt = 14 Trillion Dollars = 1.8 All the Gold ever extracted in Human History !!! The monetary mass in the US is increasing by 15% a year ! Total gold divided by people in the world gives each of us 23 grams
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Friday, October 1, 2010

G. Edward Griffin Silver Shines as an Economic Solution

G. Edward Griffin discusses the US monetary system, fiat money, legal tender and the value of silver and gold.

Idaho State Representative Phil Hart explains the "Idaho State Silver Gem Act" that he authored and plans to re-introduce next year. The Silver Gem Act allows the State Treasurer to sell and accept silver medallions for people to use any way they wish. Silver transactions with the State would be penalty and premium free. The silver would be set at market value.

Gold and Silver blog