Real Money    jim @ townsend.be

Dollar: 371.25 grains of 99.9% fine silver.

Money: “moneta” meaning “to mint”. Money is by definition: “minted coins of precious metal”.

The word Money comes from the Latin term moneta. Specifically; it meant minted barter coins of certain weights of silver and gold. A Dollar of Silver is an example of real money. An Eagle of Gold is also real money. Each has an intrinsic value as a precious metal. What that means is that regardless of whether it is minted into a coin, it has a value on the market so that it can be readily bartered for goods and services.

A dollar in Canada was originally designated as equal to the US Dollar in weight of silver. If one goes to the US Weights and Measures Act, they find the definition of a dollar. A "dollar" is defined as 371.25 grains of 99.9% pure silver. A "cent" was defined as 1/100th of a dollar. A US or Canadian dollar of silver before 1965 weighed 420 grains, containing 371.25 grains of 99.9% fine silver. Using the original definition of a dollar, we can see that one Troy ounce of 99.9% silver weighing 480 grains is equal to one dollar and thirty cents.

1 Troy Oz. Silver: weighs 1 dollar, 30 cents.

1 Avoirdupois Oz. weighs 1 dollar, 18 cents.

1 Shekel of Silver weighs 46 cents.

1 Beka of Silver weighs 23 cents.

1 Oz. of Gold equals 16 Oz. or 20 dollars of Silver.

Eagle: is a weight of gold equal in value to ten dollars of silver. Gold is not weighed in dollars.

In early coins, it was difficult to guarantee a certain weight. Coins were first cut from rough smelted cobs and were often clipped (trimmed) and would lose their value. This particular debauching of the money supply was known as inflation. Inflation originally referred to the process of inflating the volume of your money supply by trimming the coins and pressing out more from the clippings. This resulted in higher prices since it took more of the increasingly debauched coins to purchase the same product. It should be understood that there are many ways of clipping or inflating a money supply, particularly a fake money supply such as our own fiat money system.

Spanish Milled Dollars became popular since they had a very specific weight and purity and a milled edge so they could not be clipped. To allow for smaller exchanges, these coins were often split into eighths and were popularly known as "pieces of eight". Each of the eight bits of the coin were worth 12.5 cents and as a consequence, twenty five cents was commonly known as two bits or a quarter of a dollar.

The word dollar is derived from the Germanic term thaler. The first thalers were stamped silver coins of a certain weight. These gave rise to the Maria Theresa dollars. The US Dollar was defined in value as being equal to one Spanish Milled Pillar Dollar.  Many countries, European and Asian, countermarked Spanish Milled Dollars for use within their own countries. In the United States these coins were legal tender up until the Civil War period. Milled Dollars had a powerful effect on the U.S. coinage system.

This is the reason that the original dollar logo sign for real US money was an "S" with two vertical lines through it. The Pillar Dollar has a motif with a world in the middle and the Freemasonic pillars: Joachim and Boaz on either side. Thus the "S" meant silver and the two lines represented the two pillars. When North America went off the real money standard, the real money logo was no longer used and an “s” with a single line was adopted.

Even though we were on the ‘gold standard’, we find that gold coins were valued in terms of their relationship to ‘dollars of silver’ that were the standard. We can see this in the U.S. Coinage Act of 1792 where ‘real money’ gold coins are defined as “Eagles – each to be of the value of ten dollars or units, and to contain two hundred and forty-seven grains and four eights of a grain of pure gold.” Note that the ‘eagle’ is defined in terms of ‘dollars’.

For many years a dollar was a dollar was a dollar and our original “dollar of silver” was defined to be the same in weight and value as the U.S. “dollar of silver”. In other words, the Canadian dollar was the exact same as the American dollar and was the exact same weight of silver.  The Shekels and Bekas mentioned in the Bible were weights of silver. Referring to the silver coin as a dollar, people came to believe that a dollar was a coin instead of a weight of silver. It is how we became the victims of a sleight of hand, bait and switch con game. What has happened to all of our real money silver dollars?

It should be noted that “real money” has an intrinsic value. Silver, gold, etc, have many valuable uses. Real money possesses an intrinsic value and is a barter good. Since it has an intrinsic value, it does not need to be “legally mandated” in order to be used as a medium of exchange.

Value: is simply a function of what the buyer is willing to sell for and the purchaser is willing to buy for. It is different for everyone and changes with circumstance.

If I trade 1 lb. of carrots for 1 oz. of herbs, I have exchanged two goods possessing an intrinsic value. Similarly; if I exchange 1 oz. of silver for 100 lbs. of potatoes, I have made a barter exchange. The added utility of money is in its ability to affect an easy barter exchange.

Real money is of useful utility because it makes it easy to carry on transactions without significant encumbrance and you do not need to do things like feed it to keep it alive. Those that claim that “there is not enough of it” or “you won’t be able to carry all you will need” have perhaps forgotten the first law in Economics; that of “Supply and Demand”.  Less silver in supply, it just buys more.

A dollar of silver weighs the same regardless of what country it is minted in. Only phoney money changes relative values between countries so the further value in using real money is that it is naturally inflation proof.

All inflation results in less purchasing power. Not that the value of the silver is any less, but the value of the paper that represents the silver is because it is based upon an inflated statement of the total supply of silver.

Eventually the certificates that were printed had to be dropped because they no longer had any relationship to the silver and gold in reserves. These were taken out of circulation and replaced with totally worthless scraps of paper called ‘Fiat Money’. These also were called ‘dollars’ since they simply replaced the old paper ‘dollars’.

The “Silver Dollar” coins were still kept in circulation and were for a while exchanged at par with the fiat money to give the impression that the worthless bits of paper held the same value as the silver. Although a dollar is a weight of silver, the Canadian British Crown Looney has “dollar” written on it and yet contains no silver at all.

Something created by fiat is created out of nothing. Fiat money is money that is created by fiat of monarch or government and has to be legally mandated in order to be of any value. It possesses no intrinsic value of its own. Strictly speaking, fiat money is legally mandated unlawful “counterfeit money”. It is money that is created out of nothing and worth just as much.

Fiat money is backed by the “good faith and credit” of the people who issue it. But hang on, CANADA is $670 Billion in debt, so what is our money worth? That is only the debt of the illegitimate government of Canada, with which the Canadian people have been unlawfully strapped. Canadians own nothing and privately still owe another $4 trillion in debt to European bankster money scammers.

"When force is the standard, the murderer wins over the pickpocket, and then that society vanishes, in a spread of ruins and slaughter. Do you wish to know whether that day is coming? Watch Money. Money is a barometer of a society's virtue. When you see that trading is done, not by consent, but by compulsion - when you see that in order to produce, you need permission from men who produce nothing - when you see that money is flowing to those who deal, not in goods, but in favors - when you see men get richer by graft and pull than by work, and your laws don't protect you against them, but protect them against you - when you see corruption being rewarded and honesty becoming a self-sacrifice - you may know that our society is doomed. Money is so noble a medium that it does not compete with guns and it does not make terms with brutality. It will not permit a country to survive as half-property, half-loot. Whenever destroyers appear among men, they start by destroying money, for money is men's protection, and the base of a moral existence." - Ayn Rand

Banking was conceived in iniquity and born in sin. If you want to continue to be slaves of the bankers and pay the cost of your slavery, then let the bankers continue to create money and control credit.  - Sir Josiah Stamp, President of the Bank of England           GentileDefenseLeague.net

"I care not what puppet is placed upon the throne of England to rule the Empire on which the sun never sets. The man that controls Britain's money supply controls the British Empire, and I control the British money supply."  - Nathan Mayer Rothschild       GentileDefenseLeague.com

The British debt-money supply created by the Bank of Canada  and legally mandated to pass as “money” is of no more value than that of the paper and ink to make it. There is no difference in value of paper and ink between a one hundred dollar bill and a five dollar bill. They are in fact both nearly worthless and right now are hyper-inflating.

More people are about to lose more valuable property than ever before in history. But wealth is not destroyed, it is merely transferred and it will be transferred to a very few.

Credit money is a banking scam. All banking activity of this type is outright fraud. When you go into the bank and get a loan, the bank does not lend you money that they own. They simply make a book keeping entry and issue you a certain amount of credits. These “credits” are created out of thin air and secured with your valuable property. The bank does not possess the assets you believe you are renting from them and put up nothing in return for the exorbitant amounts of interest they collect. The term mortgage actually means “death wager”. You put up your valuable assets to guarantee “loans” of worthless fiat debt instruments. Legislation has passed guaranteeing bank loans from public funds so when someone loses the wager we all pay down the phoney debt with our collective taxes and they lose their property. The Anglican Church Crown prints our money, runs a private legal system franchise in our courts and owns 92% of BC land. Coincidence?

Consider that there is sixteen times as much silver as there is gold in the world. That means that gold should always be worth sixteen times as much as silver. Regardless of the inventive games banks play with the definition of a dollar, remember an ounce of silver will always weigh one dollar and thirty cents in the real sense of what the terms mean.

People say that when the stock market crashes, the prices of precious metals will go through the roof. Not true. During the last depression, people used the worthless fiat paper money for fire starter, but a single dollar of silver could buy your family groceries for a week. People quickly realized that the dollar contained a definable weight of silver. It should be noted that most of the precious metal coins are now gone from our money supply and we won’t have them to fall back on in the next depression as they have been traded away for a bunch of useless Crown tiddly winks called Toonies and Loonies.

When determining when to buy gold or silver, one must always remember when the stock market crashes; a dollar goes back once again to being worth “one dollar” and gold has a relative value. When you buy, get the actual metal, not a piece of paper representing it. Paper is worthless.

The “counterfeit money price” between precious metals can be manipulated by the stock market con games controlled by the banksters in order to glean profits from the resulting inequities in artificial price. Business cycles are created and the stock market is a controlled con game.

A U.S. “one dollar in value” gold coin contained 23.21 grains of 99.9% fine gold. Since silver was pegged at 16 to 1, multiply 23.21 times 16 to get approximately 371.25 grains; the weight of a "dollar of silver". If Gold is artificially pegged at more than 16 to 1 on the stock market, it is for the purpose of capturing the purchasing power of value certificates. It is a rigged con game.

At this moment a Troy ounce of silver sells for five US dollars in the stock market confidence game. An ounce of gold should rightly be about 80 US dollars given its relationship to silver. However, gold currently sells for around 380 US dollars an ounce and indicates a scam is in progress. Inflation like this is the largest hidden tax.

Consider what happens if I buy $380. “worth” of silver. At the stated rate this would give me 76 ounces of silver that weighs ninety eight dollars and twenty six cents. When the stock market crashes, the silver you paid $380. for in phoney money is now worth $98.26 in real money. If I buy $380. worth of gold, this means that I will be able to buy one Troy ounce of gold. The same investment of $380. in phoney money translates into only $20. in real money once the stock market crashes…  Silver will be $1.30 an ounce.

This is a stock market scam run by the banks. Knowing their phoney money supply is going to crash they want you to buy their gold at a premium. As in the last depression, the gold will then be collected and bought back at a “fair rate” which will be $20. a Troy ounce. All the gold in America was collected after the last depression and then stolen from Fort Knox by the Bank of England owned Federal Reserve Board playing the bimetal / stock scam.

Capital must protect itself in every way, through combination and through legislation. Debts must be collected and loans and mortgages foreclosed as soon as possible. When through a process of law the common people lose their homes, they will be more tractable and more easily governed by the strong arm of the law, applied by the central power of wealth, under control of leading financiers. People without homes will not quarrel with their leaders. This is well known among our principal men now engaged in forming an imperialism of capital to govern the world. By dividing the people we can get them to expend their energies in fighting over questions of no importance to us except as teachers of the common herd. Thus, by discreet action we can secure for ourselves what has been generally planned and successfully accomplished.

- Bankers Manifest (1934)

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