Gold & Silver – Robbing us of our Savings?

“This silver-gold thing is a game to steal from the people the last savings…if some would still have them :)

I just saw this comment posted on facebook. And although at first, I realized this statement was completely wrong – How could increases in Gold and Silver steal savings from the folks?

I responded that Gold and Silver are real money… Federal Reserve Notes are worthless currencies… and yes, savings held in Federal Reserve Notes are secretly being stolen – Nothing new here.

But upon further thought, there is something extremely unsettling about the comment above.

Is it possible that someone, maybe many, believes the prices of Gold and Silver going up are the cause of the dollar decreasing in value? Think about that.

It is very common for people to get cause and effect backwards.

No one would even remotely consider that everyone walking outside with open umbrellas is the cause of the rain – Would They?

Of course not, the wet pavement and rain drops falling from the sky are the reason people are walking around with open umbrellas over their head. It’s only obvious.

Unfortunately, those who are not educated may suspect otherwise. Just as they might suspect increases in the price of Gold and Silver is what is driving down the price of the dollar even though it’s the very opposite that is happening. It’s the devaluing of the US Dollar by Congress and its accomplice, the Federal Reserve, that is causing the price of Gold and Silver to go up.

To take this further false logic further, as the price of the dollar continues to decreases, the price they pay for goods and services must go up. Consequently, the increases in the price of Gold and Silver must be the reason why prices keep going up all over!

Enter stage right, crafty politician of your choice…

These relentless speculators in Gold and Silver are stealing the savings of the middle class. With every tick up in the price of Gold and Silver, the middle class savers throughout this country see their savings decrease, their paychecks worth less, and there just isn’t anything left over to pay for food, clothing, housing – the basic items needed to survive.

Those of you that have thought it would be wise to hoard Gold and Silver, at the expense of your fellow citizen, should be ashamed. Your self-centered actions and quest for wealth at the expense of your neighbor is reprehensible!

A great president in our past, during a time of great economic distress, had to take steps in order to prevent the hoarding of Gold that was preventing the recovery of an entire economy. That president was Franklin Delano Roosevelt. The year was 1933 during this nations previous Great Depression.

Consequently, effective immediately, using the power vested in me a President of the United States, I’m declaring the ownership of all Gold and Silver illegal. All those in possession of Gold and Silver, have 30 days to turn over all Gold and Silver in possession to the nearest authorized bank. Failure to do so could result in fines or jail. I would caution all Americans who may consider refusing to abide by this Executive Order…

It is becoming ever so clear that those who have Silver and Gold will soon be spurned as the evil instigators behind the inevitable crash that is coming to the US Dollar.

I just had my first glimpse into this reality.

Don’t think it will happen, just look at the outcry and response by Obama when oil prices spiked above $110 dollars a barrel earlier this year. Remember, it was all the fault of the speculators.

When the time comes, and it will, where a vast majority of Americans are showing up to the grocery store with volumes of Federal Reserve Notes and still not able to buy a loaf of bread, you can be sure a scapegoat will be called out.

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