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Widespread Direct Ownership of Silver is a distinct possibility in the near future as silver prices have been held artificially low on a global scale.

 

In the US as well as globally, direct investor ownership of silver is believed to be under 1% of the population at the present time.

 

Canada has just released a 99.9% pure silver $20 1oz 'Commemerative' coin at a time when silver has been going for $30/oz...do the math.

 

 

 

Webbots predictions from 12/27/2010...

 

 

 

 

 

http://www.youtube.com/watch?v=OnfJTVr5jnU&feature=related

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

http://www.youtube.com/watch?v=u-owMEgK95c&feature=related

Edited by Doc Loco
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Here's another link to the person, Ted Butler, who is largely behind the lawsuits described in the first interview posted by DL.My link

 

When my little girl was 1 year-old, Silver was at approximately $10 oz. Today, she is 5, and silver is hovering at just below $34 oz. I hope it reaches the levels described in the interview.

 

Edit: If you have US silver coins, like older Silver dollars, and other,pre-1975 or so coins, get em rounded up and put in a "safe" place.

Edited by PPScoutrider
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A grain of salt, a pearl of wisdom, a nugget of naked truth, shenanigans as business, how to profit and avoid ruin???

 

Will there be $10 per gallon gasoline?

 

Will the Euro fail dragging down the dollar with it?

 

JP Morgue Balls Deep in fraud? Pants Down? What's a sheep to do?

 

China & Russia move to hoard physical gold & silver to withstand global economic wreck...

 

http://www.youtube.com/watch?v=Gl47z2g2EvI&feature=related

 

 

 

 

 

 

 

http://www.youtube.com/watch?v=AId_UiPtPpQ&feature=related

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"Beware the leader who bangs the drums of war in order to whip the

citizenry into a patriotic fervor, for patriotism is indeed a double-edged

sword. It both emboldens the blood, just it narrows the mind. And when the

drums of war have reached a fever pitch and the blood boils with hate and

the mind has closed, the leader will have no need in seizing the rights of

the citizenry. Rather, the citizenry, infused with fear and blinded by

partiotism, will offer up all of their rights unto the leader and gladly so.

How do I know? For this is what I have done. And I am Caesar."

 

Julius Caesar. Destroyer of the true Roman Republic.

 

 

"The high office of the President has been used to foment a plot to

destroy the Americans freedom and before I leave office I must inform the

Citizen of his plight." PRESIDENT JOHN F. KENNEDY(10 days before he was

murdered)

 

On June 4, 1963, a virtually unknown Presidential decree, Executive Order

11110, was signed with the authority to basically strip the Federal Reserve

Bank of its power to loan money to the United States Federal Government at

interest. With the stroke of a pen, President Kennedy declared that the

privately owned Federal Reserve Bank would soon be out of business. The

Christian Common Law Institute has exhaustively researched this matter

through the Federal Register and Library of Congress and can now safely

conclude that this Executive Order has never been repealed, amended, or

superceded by any subsequent Executive Order. In simple terms, it is still

valid.

When President John Fitzgerald Kennedy - the author of Profiles in

Courage -signed this Order, it returned to the federal government,

specifically the Treasury Department, the Constitutional power to create and

issue currency -money - without going through the privately owned Federal

Reserve Bank.

President Kennedy's Executive Order 11110 [the full text is displayed

further below] gave the Treasury Department the explicit authority:

"to issue silver certificates against any silver bullion, silver, or

standard silver dollars in the Treasury."

This means that for every ounce of silver in the U.S. Treasury's vault, the

government could introduce new money into circulation based on the silver

bullion physically held there. As a result, more than $4 billion in United

States Notes were brought into circulation in $2 and $5 denominations. $10

and $20 United States Notes were never circulated but were being printed by

the Treasury Department when Kennedy was assassinated.

 

It appears obvious

that President Kennedy knew the Federal Reserve Notes being used as the

purported legal currency were contrary to the Constitution of the United

States of America. "United States Notes" were issued as an interest-free and

debt-free currency backed by silver reserves in the U.S. Treasury.

When a "Federal Reserve Note" issued from the private central bank of the United States (the Federal Reserve Bank a/k/a

Federal Reserve System), is compared with a "United States Note" from the

U.S. Treasury issued by President Kennedy's Executive Order. They almost

look alike, except one says "Federal Reserve Note" on the top while the

other says "United States Note". Also, the Federal Reserve Note has a green

seal and serial number while the United States Note has a red seal and

serial number.

President Kennedy was assassinated on November 22, 1963 and the United

States Notes he had issued were immediately taken out of circulation.

Federal Reserve Notes continued to serve as the legal currency of the

nation. According to the United States Secret Service, 99% of all U.S. paper

"currency" circulating in 1999 are Federal Reserve Notes.

Kennedy knew that if the silver-backed United States Notes were widely

circulated, they would have eliminated the demand for Federal Reserve Notes.

This is a very simple matter of economics. The USN was backed by silver and

the FRN was not backed by anything of intrinsic value. Executive Order 11110

should have prevented the national debt from reaching its current level

(virtually all of the nearly $9 trillion in federal debt has been created

since 1963) if LBJ or any subsequent President were to enforce it. It would

have almost immediately given the U.S. Government the ability to repay its

debt without going to the private Federal Reserve Banks and being charged

interest to create new "money". Executive Order 11110 gave the U.S.A. the

ability to, once again, create its own money backed by silver and real value

worth something.

Again, just five months after Kennedy was assassinated, no more of the

Series 1958 "Silver Certificates" were issued either, and they were

subsequently removed from circulation.

 

Perhaps the assassination of JFK was a warning to all future

presidents not to interfere with the private Federal Reserve's control over

the creation of money. It seems very apparent that President Kennedy

challenged the "powers that exist behind U.S. and world finance". With true

patriotic courage, JFK boldly faced the two most successful vehicles that

have ever been used to drive up debt: 1) war (Vietnam); and, 2) the creation

of money by a privately owned central bank. His efforts to have all U.S.

troops out of Vietnam by 1965 combined with Executive Order 11110 would have

destroyed the profits and control of the private Federal Reserve Bank.

 

Executive Order 11110

 

AMENDMENT OF EXECUTIVE ORDER NO. 10289

AS AMENDED, RELATING TO THE PERFORMANCE OF

CERTAIN FUNCTIONS AFFECTING THE DEPARTMENT OF THE TREASURY

By virtue of the authority vested in me by section 301 of title 3 of the

United States Code, it is ordered as follows:

SECTION 1. Executive Order No. 10289 of September 19, 1951, as amended, is

hereby further amended -

(a) By adding at the end of paragraph 1 thereof the following

subparagraph (j):

"(j) The authority vested in the President by paragraph (B) of section

43 of the Act of May 12, 1933, as amended (31 U.S.C. 821 (B)), to issue

silver certificates against any silver bullion, silver, or standard silver

dollars in the Treasury not then held for redemption of any outstanding

silver certificates, to prescribe the denominations of such silver

certificates, and to coin standard silver dollars and subsidiary silver

currency for their redemption," and

(B) By revoking subparagraphs (B) and © of paragraph 2 thereof.

SECTION 2. The amendment made by this Order shall not affect any act done,

or any right accruing or accrued or any suit or proceeding had or commenced

in any civil or criminal cause prior to the date of this Order but all such

liabilities shall continue and may be enforced as if said amendments had not

been made.

JOHN F. KENNEDY

THE WHITE HOUSE,

June 4, 1963

 

Executive Order 11110 is still valid. According to Title 3, United States

Code, Section 301 dated January 26, 1998:

Executive Order (EO) 10289 dated Sept. 17, 1951, 16 F.R. 9499, was as

amended by:

EO 10583, dated December 18, 1954, 19 F.R. 8725;

EO 10882 dated July 18, 1960, 25 F.R. 6869;

EO 11110 dated June 4, 1963, 28 F.R. 5605;

EO 11825 dated December 31, 1974, 40 F.R. 1003;

EO 12608 dated September 9, 1987, 52 F.R. 34617

The 1974 and 1987 amendments, added after Kennedy's 1963 amendment, did not

change or alter any part of Kennedy's EO 11110. A search of Clinton's 1998

and 1999 EO's and Presidential Directives has also shown no reference to any

alterations, suspensions, or changes to EO 11110.

The Federal Reserve Bank, a.k.a Federal Reserve System, is a Private

Corporation. Black's Law Dictionary defines the "Federal Reserve System" as:

"Network of twelve central banks to which most national banks belong and to

which state chartered banks may belong. Membership rules require investment

of stock and minimum reserves."

Privately-owned banks own the stock of the FED. This was explained in more

detail in the case of Lewis v. United States, Federal Reporter, 2nd Series,

Vol. 680, Pages 1239, 1241 (1982), where the court said:

"Each Federal Reserve Bank is a separate corporation owned by commercial

banks in its region. The stock-holding commercial banks elect two thirds of

each Bank's nine member board of directors".

The Federal Reserve Banks are locally controlled by their member banks.

Once again, according to Black's Law Dictionary, we find that these

privately owned banks actually issue money:

"Federal Reserve Act. Law which created Federal Reserve banks which act

as agents in maintaining money reserves, issuing money in the form of bank

notes, lending money to banks, and supervising banks. Administered by

Federal Reserve Board (q.v.)".

The privately owned Federal Reserve (FED) banks actually issue (create) the

"money" we use. In 1964, the House Committee on Banking and Currency,

Subcommittee on Domestic Finance, at the second session of the 88th

Congress, put out a study entitled Money Facts which contains a good

description of what the FED is:

"The Federal Reserve is a total money-making machine. It can issue money or

checks. And it never has a problem of making its checks good because it can

obtain the $5 and $10 bills necessary to cover its check simply by asking

the Treasury Department's Bureau of Engraving to print them".

Any one person or any closely knit group who has a lot of money has a lot

of power. Now imagine a group of people who have the power to create money.

Imagine the power these people would have. This is exactly what the

privately owned FED is!

No man did more to expose the power of the FED than Louis T. McFadden, who

was the Chairman of the House Banking Committee back in the 1930s. In

describing the FED, he remarked in the Congressional Record, House pages

1295 and 1296 on June 10, 1932:

"Mr. Chairman, we have in this country one of the most corrupt institutions

the world has ever known. I refer to the Federal Reserve Board and the

Federal reserve banks. The Federal Reserve Board, a Government Board, has

cheated the Government of the United States and he people of the United

States out of enough money to pay the national debt. The depredations and

the iniquities of the Federal Reserve Board and the Federal reserve banks

acting together have cost this country enough money to pay the national debt

several times over. This evil institution has impoverished and ruined the

people of the United States; has bankrupted itself, and has practically

bankrupted our Government. It has done this through the mal-administration

of that law by which the Federal Reserve Board, and through the corrupt

practices of the moneyed vultures who control it".

Some people think the Federal Reserve Banks are United States Government

institutions. They are not Government institutions, departments, or

agencies. They are private credit monopolies which prey upon the people of

the United States for the benefit of themselves and their foreign customers.

Those 12 private credit monopolies were deceitfully placed upon this country

by bankers who came here from Europe and who repaid us for our hospitality

by undermining our American institutions.

The FED basically works like this: The government granted its power to

create money to the FED banks. They create money, then loan it back to the

government charging interest. The government levies income taxes to pay the

interest on the debt. On this point, it's interesting to note that the

Federal Reserve Act and the sixteenth amendment, which gave congress the

power to collect income taxes, were both passed in 1913. The incredible

power of the FED over the economy is universally admitted. Some people,

especially in the banking and academic communities, even support it. On the

other hand, there are those, such as President John Fitzgerald Kennedy, that

have spoken out against it.

 

His efforts were spoken about in Jim Marrs' 1990 book 'Crossfire':

"Another overlooked aspect of Kennedy's attempt to reform American society

involves money. Kennedy apparently reasoned that by returning to the

constitution, which states that only Congress shall coin and regulate money,

the soaring national debt could be reduced by not paying interest to the

bankers of the Federal Reserve System, who print paper money then loan it to

the government at interest. He moved in this area on June 4, 1963, by

signing Executive Order 11110 which called for the issuance of

$4,292,893,815 in United States Notes through the U.S. Treasury rather than

the traditional Federal Reserve System. That same day, Kennedy signed a bill

changing the backing of one and two dollar bills from silver to gold, adding

strength to the weakened U.S. currency.

Kennedy's comptroller of the currency, James J. Saxon, had been at odds

with the powerful Federal Reserve Board for some time, encouraging broader

investment and lending powers for banks that were not part of the Federal

Reserve system. Saxon also had decided that non-Reserve banks could

underwrite state and local general obligation bonds, again weakening the

dominant Federal Reserve banks".

In a speech made to Columbia University on Nov. 12, 1963, ten days before

his assassination, President John Fitzgerald Kennedy said: "The high office

of the President has been used to foment a plot to destroy the American's

freedom and before I leave office, I must inform the citizen of this

plight."

In this matter, John Fitzgerald Kennedy appears to be the subject of his

own book... a true Profile of Courage.

 

According to the Constitution of the United States, (Article 1 Section 8),

only Congress has the authority to coin Money, regulate the Value thereof,

and of foreign Coin, and fix the Standard of Weights and Measures.

However, since 1913 this Amendment has not been followed. In 1913, the

Federal Reserve System was created, giving a private owned corporation the

authority to "create" and coin the money of United States. The Federal

Reserve is comprised of 12 private credit monopolies who have been given the

authority to control the supply of the "Federal Reserve Notes", interest

rates and all the other monetary and banking phenomena.

The way the Federal Reserve works is this: 12 private credit monopolies

"create", (or print), Federal Reserve Notes which are lent to the American

government. The government granted its power to create money to the FED

banks. They create money, then loan it back to the government charging

interests. The government levies income taxes to pay the interest on the

debt. It is interesting to note that the Federal Reserve Act and the

sixteenth amendment which gave congress the power to collect income taxes,

were both passed in 1913. The Federal Reserve Notes are not backed by

anything of "intrinsic" value. (i.e. gold or silver).

On June 4, 1963, President, John Fitzgerald Kennedy signed the Presidential

decree, Executive Order 11110, which stripped the Federal Reserve Banking

System of its power to loan money to the United States Federal Government at

interest. This decree meant that for every ounce of silver in the U.S.

Treasury's vault, the U.S. government could introduce new money into

circulation based on the silver bullion physically held there. As a result,

more than $4 trillion in United States Notes were brought into circulation

in $2 and $5 denominations. $10 and $20 United States Notes were never

circulated but were being printed by the Treasury Department when Kennedy

was assassinated.

Kennedy knew that if the silver backed United States Notes were widely

circulated, they would have eliminated the demand for Federal Reserve Notes.

Thus giving the U.S. Treasury the Constitutional authority to coin U.S.

money once again, thus preventing the national debt from rising due to

"usury" that the American people are charged for "borrowing" the FRN's.

Only 5 months after Executive Order 11110 was signed, President Kennedy was

assassinated. Five months later, no more of the Series 1958 "Silver

Certificates" were issued and they were subsequently removed from

circulation. Kennedy knew that if Congress coined and regulated money, as

the Constitution states, the national debt would be reduced by not paying

interest to the 12 credit monopolies. This in itself would have allowed the

American people freedom of money that they earned, enabling the economy to

grow.

It is interesting to note that Executive Order 11110 is still in effect,

though no U.S. President has followed it. The Bible states, "through lack

of knowledge, my people perish". As American people, it is our duty to

question the Federal Reserve System, and the power that we have given them..

 

"When the federal government is held to its proper constitutionally

limited functions, tax reform will take care of itself." --Rep. Ron Paul.

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The Canadian Mint is selling 1 0Z 99.99% pure silver $20 Comemeritive cions at face value shipped to your Canadian address for $20 with no shipping cost.

 

Silver is near $30/ 0Z at this time...

 

hey go singly, 5 pack & 10 pack tubes...

 

I don't see a downside to aquiring a quantity of these coins, as they will hold their value and are likly to increase in value in the near future.

 

Although you can't eat silver, maybe a better idea to invest in breeding chickens or rabbits instead.

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The Canadian Mint is selling 1 0Z 99.99% pure silver $20 Comemeritive cions at face value shipped to your Canadian address for $20 with no shipping cost.

 

Silver is near $30/ 0Z at this time...

 

hey go singly, 5 pack & 10 pack tubes...

 

I don't see a downside to aquiring a quantity of these coins, as they will hold their value and are likly to increase in value in the near future.

 

Although you can't eat silver, maybe a better idea to invest in breeding chickens or rabbits instead.

 

I can't verify that on the internet. The Canadians must pay the silver spot price plus a premium like everybody else. But, like the US Mint, if they ordered the pre-release coins a while ago, which was a premium price at the time, the mint sends out the backorders as expected. Who knew that silver would shoot up like it has in recent months.

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I can't verify that on the internet. The Canadians must pay the silver spot price plus a premium like everybody else. But, like the US Mint, if they ordered the pre-release coins a while ago, which was a premium price at the time, the mint sends out the backorders as expected. Who knew that silver would shoot up like it has in recent months.

A look at the coins available to Canadian Citizens:

 

http://www.youtube.com/watch?v=wuThYvm915w&feature=related

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A look at the coins available to Canadian Citizens:

 

http://www.youtube.com/watch?v=wuThYvm915w&feature=related

 

No-brainer for the Canucks to buy these at face value if they can. Canadien government mint these things when silver prices were low back in the early-mid 2000's, like around $9 bucks/oz. perhaps? Sell billions of them to their citizens at face value ($20) = government makes money and citizens can as well if they so desire. Not bad thinking!!

Edited by PPScoutrider
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