SO IS OUR CURRENCY!
MONEY VS CURRENCY
Money is UNENCUMBERED, Currency is not. Currency is not MONEY! However MONEY can be used as currency. All currencies ever created have always reached their intrinsic value of $0. There are still some newly created currencies that are still in use but they ALL have lost most of their value in just a few decades. Take the US Dollar for example (which is not MONEY); it has lost over 90% of its value in just 100 years!!! Currency is not MONEY but Money can be used as currency. Today's FIAT Currencies are nothing more than a "Note Of Debt"- They have Monetized debt! All monetization schemes throughout history have failed! Gold and Silver are MONEY, have been for 6000 years, in all that time they have held their relative value (even after centuries of manipulation)!
Gold is a Tier 1 regulatory capital asset with supreme collateral precedence over foreign currencies!!!
MONEY IS FOR PRESERVING YOUR WEALTH, CURRENCY IS FOR SPENDING IT!
To further Signify these points; Canada
Corp. defines money and currency in different statutes; "Money" is in the Financial Admin Act:http://laws-lois.justice.gc.ca/eng/acts/F-11/page-1.html#h-2,
And "currency" in the Currency Act: http://laws-lois.justice.gc.ca/eng/acts/C-52/page-1.html#h-2
GOLD AND SILVER ARE "MONEY" EVERYTHING ELSE IS JUST CURRENCY! Education is the way to FREEDOM! FREEDOM from our financial oppressors! FIAT is currency created out of thin air in a fraudulent fractional reserve system, and if you think that is responsible; YOU ARE DELUSIONAL!
7 characteristics of REAL MONEY
(1) It must be durable, which is why we don’t use wheat or corn or rice.
(2) It must be divisible, which is why we don’t use art work.
(3) It must be convenient, which is why we don’t use lead or copper.
(4) It must be consistent, which is why we don’t use real estate.
(5) It must possess value in itself, which is why we don’t use paper.
(6) It must be limited in the quantity that is available, which is why we don’t use aluminum or iron.
(7) It should have a long history of acceptance, which is why we don’t use molybdenum or rhodium.
Only GOLD and SILVER fit all seven characteristics.
Mr JP Morgan put it so precisely and succinctly: “Money is Gold, and nothing else”.
https://wealth.goldmoney.com/research/goldmoney-insights/what-did-jp-morgan-mean
-- David Caron.
“For the naive mind there is something miraculous in the issuance of fiat money. A magic word spoken by the government creates out of nothing a thing which can be exchanged against any merchandise a man would like to get. How pale is the art of sorcerers, witches, and conjurors when compared with that of the government’s Treasury Department!” — Ludwig von Mises.