It was always right there.
Hiding in plain sight.
Right under our noses every time we played the simply game of Monopoly.
It’s almost like they were mocking us. ‘We have the monopoly on money and we don’t. Deal with it.’
This was brought to the attention of 31,000,000 people via Elon Musk’s post on X.
He simply stated how the Fed works.
They never run of money because they print however much they need.
How the Federal Reserve works pic.twitter.com/3rRhbBfcJe
— Elon Musk (@elonmusk) May 11, 2024
The Heritage Foundation, a wrote a piece about this not long ago:
Every major economic downturn of the last 110 years bears the mark of the Federal Reserve. In fact, as long as the Fed has been around, it has swung the economy between inflation and recession. Yet Americans, surprisingly, have tolerated it.
But we shouldn’t expect that to go on forever. We had three central banks before the Fed and confined each to the ash heap of history. The problems inherent to central banking are cause to scrap the Fed as well.
Central banking dates to 1694, when the Bank of England was founded for the purpose of creating the hidden tax of inflation to provide cheap money to government—above all, for Britain’s many foreign wars. In exchange, the central bankers were paid well with interest.
Like any government-favored bank, the Bank of England lent money it didn’t have, lending far more than the silver in its vaults. The British government endorsed this fraud because the king and Parliament wanted the money.
But the fraud went further still: The Bank of England was allowed to use its new government bond holdings to back private loans, which meant creating even more money with no silver behind it to lend to private banks. This, too, earned interest, even though the money was created out of nothing.
The explosion of money caused a tissue fire in the British economy—a short period of fast growth followed by rampant inflation and an economic collapse. The boom-bust cycle was born, what we now call the “business cycle.”
When the Bank of England didn’t have enough silver to exchange for all the money it created, the British government pulled the 18th-century equivalent of a bailout by suspending specie redemption, allowing the Bank of England to stop repaying in the silver it had promised.
Central banking was imported to the New World before the Constitution was even written. The Bank of North America, our first central bank, copied the Bank of England and created hyperinflation under the Articles of Confederation. At that point, the Founding Fathers scrapped both the Articles and the bank.
Thinking that the bank needed a replacement, Congress created the First Bank of the United States in 1791 to consolidate the various currencies and debts from the states and to provide short-term loans to the government.
The First Bank was forbidden from buying government bonds to avoid its predecessor’s hyperinflation. But when the government needed more revenue, Congress decided to sell its shares in the bank, and the charter wasn’t renewed. The central bank was dead, and the U.S. economy boomed until the War of 1812.
To finance that war, the government borrowed heavily from regional banks, which created money out of nothing for the government. That meant that much more paper money was in circulation than gold and silver in bank vaults. When people tried to redeem their paper for specie, the banks didn’t have enough, and many failed.
To bail out the banks, Congress created another central bank in 1816, the Second Bank of the United States.
The Second Bank curtailed excessive lending by regional banks, but only after first encouraging it. The result was a debt-fueled boom followed by a bust in 1819 that sparked the nation’s first depression.
Many in Congress were tolerant of the violent economic spasms caused by the central bank because it provided money for them to spend without overtly raising taxes. But the people were not fooled and would not tolerate it. They elected Andrew Jackson to do battle with the beast, and he ensured the bank’s charter wasn’t renewed in 1836.
That ushered in some of America’s greatest decades of economic growth.
The Golden Age came to an end in 1907 when mismanagement by major banks touched off a bank crisis that required a herculean rescue effort by J.P. Morgan and Co. In response, J. Pierpont Morgan wanted the government to sanction a private “bank for bankers” to respond to such crises.
I’ll let ChatGPT explain what happened right after that:
The Federal Reserve System, often referred to as the Fed, was established on December 23, 1913, with the signing of the Federal Reserve Act by President Woodrow Wilson.
The Federal Reserve Act created a central banking system. The Fed was established as a decentralized network of regional Reserve Banks overseen by a Board of Governors in Washington, D.C. Its primary objective (was control. – Me)
Ever hear the story about the group of men that were opposed to the creation of the Federal Reserve?
All of them just happened to take a one way trip on a new luxury liner in 1912. The Titanic.
It’s almost like it was planned to remove opposition.
But where would they get an idea like that from?
A book from 1898?
It’s worse than that pic.twitter.com/pJfmwQzhp5
— 0420 (@FlipCrypt) May 11, 2024
And here’s how the Federal Reserve controls nearly every aspect of your life: pic.twitter.com/xfmLeRnKwt
— Noble (@noble_x_x_) May 11, 2024
Might want to get some of this instead:
Andy Schectman: “Gold & Silver Will Instantly EXPLODE After This…”
Andy Schectman is not exactly known for hyperbole…
He’s very down to Earth and he speaks very factually and intentionally.
Here’s a short bio if you don’t know much about him:
Andy Schectman is a highly respected figure in the precious metals industry and a well-regarded financial analyst known for his accurate market predictions. As the President and owner of Miles Franklin, a prominent precious metals company, Schectman has built a reputation for integrity, expertise, and deep market insights, guiding the company since its inception in 1989.
Under Schectman’s leadership, Miles Franklin has thrived, distinguishing itself with a commitment to customer service and ethical business practices, which are hallmarks of Schectman’s leadership style. His company is one of the few precious metal dealers that is licensed by the U.S. Mint, highlighting its credibility and trustworthiness in the market.
Schectman is lauded for his foresight in the financial markets, particularly in precious metals. He has been remarkably prescient in predicting significant fluctuations in the prices of gold and silver, advice that has proven invaluable for investors. His ability to forecast market trends stems from a thorough analysis of global economic indicators and a nuanced understanding of geopolitical events, which he shares regularly in interviews and on financial news platforms.
He is also a frequent speaker at major investment conferences where his sessions on monetary history and economics are met with high acclaim. Through his speeches, Schectman educates investors on the importance of precious metals as a part of a diversified investment portfolio, often emphasizing the protective hedge they offer against inflation and economic uncertainty.
In addition to his contributions to market analysis, Schectman is an active participant in philanthropic efforts, often integrating corporate social responsibility into his business model. His commitment to community and ethical responsibility further burnishes his professional image as a leader who is not only successful but also genuinely committed to making a positive impact.
He’s one of my favorite people to listen to with regard to what’s happening in the Gold and Silver markets.
I recently had someone send me the video I’m about to show you and I thought it was so good I wanted to share it with all of you.
I’ve talked a lot about Gold and Silver in the past several months….
I’ve told you how Gold was recently classified as a Tier 1 Risk Free Asset in a surprising move.
I’ve told you how all the Central Banks around the world are buying up Gold hand over fist in recent months.
I’ve told you how the BRICS Nations are banding together to remove the US Dollar as the world reserve currency.
But I haven’t really heard anyone weave all of this together in one coherent narrative…until now.
That’s exactly what Schectman did in this new video and I recommend you pause what you are doing and take a minute to watch.
Because I think you’ll suddenly start to connect a lot of dots in your head.
Things I’ve been talking about for months now all coming together….and when you see it presented as one story, from beginning to end, it suddenly makes all the sense in the world.
The thing is though, this isn’t a history lesson.
This is happening right now, and you are living through it.
I’ve heard stories about people in my family living through the Great Depression and those who made the right moves changes the course of their families for decades to come.
You’re now the person in that seat, living through historic times.
Will you make the right decision?
Watch this video from Andy Schectman and then I’ll give you some practical, actionable steps you can take right now to protect you and your family.
I love how he says in this video Gold is not an investment, it’s a protection of wealth.
That’s so true.
I’m not a financial advisor so I can’t tell you what to do with your investments. I simply report on the news and on things I’m seeing.
Watch here:
https://www.youtube.com/watch?v=ONh-hTL8AbU
[censored]
Backup here if needed:
“Gold & Silver Will Instantly EXPLODE After This…” – Andy Schectman | Gold Silver Price pic.twitter.com/TXW0H1ZW7I
— DailyNoah.com (@DailyNoahNews) April 22, 2024
Ok, so big deal if the US Dollar loses it’s role as the world reserve currency, right?
I mean, it sounds super boring anyway.
What possible effect on your life or my life here in the USA could that possibly have?
Who really cares what the world reserve currency is anyway?
Seems like some super boring answer to a quiz in a college Econ class, but beyond that who cares?
Right?
Wrong.
Very wrong.
The only reason we have such a high standard of living here in the United States is because the U.S. Dollar (“petrodollar”) has been the World Reserve Currency for a long time.
Our standard of living is unique to almost all other places in the world.
And it’s NOT guaranteed.
And when it falls?
Worse than the Great Depression — and here’s that word again: overnight.
Watch this and I think you’ll understand:
The standard of living in America will FALL OVERNIGHT if the petrodollar falls…
“Worse than the Great Depression”
PREPARE NOW
Watch: pic.twitter.com/bBbq9TI0oP
— DailyNoah.com (@DailyNoahNews) June 24, 2023
Now with that understanding in mind, let’s get back to our headline report.
So….what can you do?
Now that you understand a bit more about what is likely coming, and the devastating impact it could have, what can you do?
Andy already told you the answer.
Gold and Silver = WEALTH protectors (not investments).
But here’s the most important part — make sure you get PHYSICAL gold and silver.
Not paper traded garbage on the stock exchanges that isn’t backed by anything.
Don’t touch that stuff.
I have two special hook-ups for you, and one of them will allow you to get Gold and Silver with no money out of pocket.
Both involve PHYSICAL gold and silver.
Because if you do NOTHING else, make sure you own “physical” gold and silver, not paper contracts.
The paper contracts (like stock ticker SLV and GLD) could very well go POOF one day and disappear or go to zero, because they’re not actually backed by the gold and silver they claim to represent.
It’s a massive game of musical chairs out there and when the music stops (and I think it will stop soon…) people who only own paper might find themselves owning something not worth the paper it’s literally written on.
Now…WHERE do you get physical gold and silver and how do you know it’s real and safe?
And that you’re getting the best price?
Oh, and how about personal one-on-one real customer service?
You know, like you were some Big Wig millionaire at Goldman Sachs who could just call their personal banker and get help?
That’s what I’m about to tell you.
I have two killer connections for you…
The first is for purchasing gold and silver bullion.
That means bulk bars.
That’s the cheapest and most economical way to do it, to stretch your dollar into as much gold and silver as possible.
The website is called WLT Precious Metals and when you see my logo in the top left-hand corner, you’ll know you’re in the right place.
You’ll get a personal phone call with Ira Bershatsky (or someone on his team) and they will work with you free of charge for as long as needed to answer any questions you have and get you taken care of.
How about that!
You don’t see that much anymore, but Ira and his team pride themselves on good old-fashioned real customers service:
No sales pitch, just real, actual help.
And the best prices you will find.
Here’s the only disclaimer I will give you: because they do pride themselves on dedicated service, it might take a few days before you get a phone call back. Just be patient.
Good things come to those who wait!
You can contact Ira and WLT Precious Metals here.
Ok, that was #1.
Now I want to tell you about option #2 — and this is the one that can allow you to get Gold and Silver with no money out of pocket.
An equally great company, I am so happy to be working with these guys.
This next company is called Genesis Gold and this is for people who want to purchase real physical gold or silver in their IRAs (Investment Retirement Accounts).
You know what the beauty of that is?
TAX FREE baby!
I’m not a tax advisor, but that’s a general oversimplification.
Never pay more taxes than you are legally required to pay.
And that’s why I love getting gold and silver in my IRA (and why I hold a large chunk in an IRA myself!).
The other huge benefit other than being tax-free is that you might already have a good chunk of money in risky stocks and bonds in your IRA or retirement account. Moving them over to Gold and Silver with Genesis Gold = no additional money out of pocket. BOOM!
There’s so much to love about Genesis Gold, starting with the fact they are proudly and un-ashamedly Christian!
They call it “Faith-Driven Stewardship” and they put it right on the homepage of their website along with a quote from Ezekiel:
Here’s more on why gold and silver in your IRA are so powerful:
You can contact Genesis Gold here.
They are also very backed up with record demand, so you may have to wait a bit, but someone WILL get in touch with you for personal customer service and assistance!
Tell ’em Noah sent ya!
Oh, and did you know Genesis is recommended by SUPERMAN himself?
It’s true.
Superman himself, Clark Kent — Dean Cain — came on my show a few weeks ago and we broke it all down:
Watch here:
Stay safe!
Make sure you can weather the storm when it hits!
Because the storm always hits eventually, doesn’t it?
As for me and my house, we will be ready.
This is a Guest Post from our friends over at WLTReport.