In this section

Click HereFacts about Gold

Click HereThe Right to Own Gold

Click HereGold and Currency

Click HereThe Crashing Dollar

Click HereGold's Purchasing Power

Click HereObama & the New Depression

Click HereGold Confiscation

Click HereTrading With The Enemy Act of 1917

Click HereThe 15% Rule

Click HereEminent Domain Clause

Click HereOutlook for Gold

Why Gold?

Art Rolnick, Chief Economist for the Minneapolis Federal Reserve Bank, was recently asked what the nation's central bank produces. His answer... "We make money the old fashioned way. We print it."

Want to see just how much printing has taken place since the inception of the Fed in 1913?

  From 1913 To 1988 Multiplied
The Federal debt $1.2 Billion $2,582 Billion 2,152 x
Personal Income Tax $0.03 Billion $393.4 Billion 13,113 x
Value of the dollar $1.00 $0.08 1/12th
Acquisition of real property and claims held by banking system. Negligible $2,531 Billion Wow!

 

The effects of nearly a century of the Fed's monetary policies are also evident in the graph shown in "The Crashing Dollar".

The Crashing Dollar The Crashing Dollar