John Rubino from DollarCollapse.com joins me to today to talk about the
new BRICS Bank to be based in Shanghai. We discuss what that means for
the dollar plus other major economic developments.
THE BIG ELEPHANT IN THE ROOM IS THE FEDERAL RESERVE There is not enough gold or silver in the world to supply the needs of all Americans, we all know this. We also know that the US paper money, that we now use, is not backed by gold or silver. We also know that our coins are no longer made of silver or gold. So what's the answer? There are many so called “Man Made Metals” that have more industrial value than gold or silver. They are stronger than steel and some lighter than Aluminum. They will not rust or corrode. They are being used in jet engines, spacecraft, satellites and medical applications daily. Some of these metals are listed below. 1. Zirconium 2. Titanium 3. Niobium 4. Vanadium 5. Hafnium 6. Gold and Silver (with a fixed price) can again also be used. The whole idea is to keep prices stable. These metals can be alloyed to produce many characteristics like rolling and stamping coins. It can't be counterfeited.
THE BIG ELEPHANT IN THE ROOM
ReplyDeleteIS THE FEDERAL RESERVE
There is not enough gold or silver in the world to supply the needs of all Americans, we all know this. We also know that the US paper money, that we now use, is not backed by gold or silver. We also know that our coins are no longer made of silver or gold. So what's the answer?
There are many so called “Man Made Metals” that have more industrial value than gold or silver. They are stronger than steel and some lighter than Aluminum. They will not rust or corrode. They are being used in jet engines, spacecraft, satellites and medical applications daily. Some of these metals are listed below.
1. Zirconium
2. Titanium
3. Niobium
4. Vanadium
5. Hafnium
6. Gold and Silver (with a fixed price) can again also be used.
The whole idea is to keep prices stable. These metals can be alloyed to produce many characteristics like rolling and stamping coins. It can't be counterfeited.